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OFT to investigate vehicle insurance costs as premiums rocket

Soaring motor insurance premiums should be investigated from the Office of Fair Trading (OFT) in an effort to establish whether drivers are going to be overcharged.

The average car insurance policy premium for comprehensive cover rose by 40% within the Yr to March, in line with the AA. Younger drivers were hit particularly hard, with those aged 17-22 paying a common premium of

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