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Motor insurance set to rise again

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The higher insurance costs are likely to counter sharp falls in petrol and diesel at the pumps. 

Last year, the cost of car insurance went up by 12 percent, according to the Central Statistics Office.

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Insurance experts are now warning motorists to expect a jump of up to 20 per cent this year.

The Irish Independent reports that more claims are the main reason for the hike.

And since 2010, we've been paying a levy on motor, home and commercial insurance, to pay off the collapse of Quinn Insurance.

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