Fair trading chiefs today launched a study into private motor insurance following big hikes in premiums in recent years, focusing on the high cost of repairs and replacement vehicles.
The cost of car insurance has risen over the past year by 16%, though the annual rise was tempered by a fall in costs between July and October, indicating the huge rises of recent years are over.
Business owners, motorists and residents affected by the riots that hit many parts of the UK should be covered under most insurance policies, according to senior insurance figures.