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Rise in UK car insurance predicted as drivers return to road after lockdown
New rules mean those renewing can’t be charged more than people taking out new policies – but they will add to the costs for all
Households face the prospect of two rises in car insurance costs over the next six months as more drivers return to the roads.
“I see premiums rising over the next few months as we go out of this period of lockdown. There is the potential that consumers are going to increase their mileage because of that, and that is a very big risk factor,” said Ryan Fulthorpe of price comparison site GoCompare.
Read the original article at The Guardian