Nearly 2.6 million UK citizens can't afford car insurance, a 900,000 increase from last year.

Citizens Advice reports that 2.6 million people in the UK cannot afford car insurance, an increase of 900,000 in the last year. The study found that 3% of adults have not driven in a year due to insurance costs, and 25% of benefit recipients have fallen behind on payments, resorting to borrowing or cutting essentials. The charity’s CEO calls for action to address rising costs, while the ABI notes the industry's commitment to keeping costs competitive.

3 months ago
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