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Average car insurance premiums could rise by up to £75 a year. with young drivers set to find it harder to afford insurance. The AA’s director of insurance Michael Lloyd said it was an "astonishing.

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Car insurance premiums have risen sharply in recent years, increasing by 33% between 2010 and 2016. And if owners are also paying off a car loan, insurance premiums, which well exceed $1,000 annually.

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the AA said. Such a drastic rise is due to the Insurance Premium Tax hike imposed in November 2015, with the standard rate increased from six per cent to 9.5 per cent from November 1 2015, a change th.

Car insurance premiums are expected to increase further, according to the AA, with more customers shopping around for new deals. Photograph: Alamy Drivers are paying almost £82 more for car.

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Motor insurance costs up 33.2 pct in 2010 – AA survey * Average comprehensive motor policy costs 843 pounds – AA LONDON, Jan 21 (Reuters) – British car insurance prices rose at a record pace last year.

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