Car insurance to rise this year

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Motorists are likely to be in for a shock this year as car insurance rates are set to rise – may be by as much as 20%.

All major insurers say they will be raising their premiums in 2025.

The main reasons are the higher costs of spares, more expensive claims and increased severe weather.

One insurer pointed out that with more electronics, such as parking sensors, even replacing a bumper is more costly. 

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