IPT moves from 10% to 12% on 1 June, while average policy reaches £800, says price comparison site
The average cost of car insurance will hit a record high as a higher rate of tax on premiums comes into effect, pushing up prices even further.
According to comparison website comparethemarket.com, the average policy will reach £800 next month, a rise of 14% on a year earlier and £200 more than in June 2015.
May 29, 2017 at 09:11PM
from Patrick Collinson
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