Motor market faces OFT investigation

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The OFT has called on the market to provide it with information regarding the role of price comparison sites; the provision of credit hire replacement vehicles to drivers who are involved in accidents that are not their fault; insurance companies' use of panels of approved repairers; and ancillary products that are sold by insurance companies in addition to standard motor insurance cover.

The investigation comes following a rise in motor premiums to as much as 40% and the OFT has said it wants

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