Car insurance prices could plummet with ‘new strategy’ aiming to slash costs

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Experts have announced plans to slash the rising cost of car insurance which could force action from the industry, Government or regulators.

The Association of British Insurers (ABI) said the industry could do more to make the sector more transparent about which vehicles are the most expensive to insure.


It added that changes like these could help motorists make more informed choices about purchasing vehicles and the associated costs they face.

The ABI said it was exploring a…

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