Will the cost of car insurance keep rising in 2024? Drivers have had a rough ride with rising car insurance prices in 2023 But prices are not about to fall, experts say, with more hikes due next year By Sam Barker Updated: 02:00 EST, 29 December 2023 e-mail View comments Drivers face paying record high prices for car insurance premiums - and unfortunately 2024 does not look likely to bring any respite, with rises of up to 10 per cent predicted. Car insurance premiums rose 29 per cent in the year to November, reaching a record average high of £561. Insurers say the rising cost of replacement parts and labour costs were behind the…
