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Insurance premiums set for more hikes

There's bad news for motorists as insurance premiums look set to rise this year.

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The Irish Independent is reporting that the increase could be as much as 20 per cent, on top of last year's rise of 12 percent.

For a family paying 800 euro for two cars, that's expected to equate to an increase of about 100 euro.

Younger drivers will be the hardest hit. 

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