Telematics company The Floow surveyed 280 decision makers at insurance companies and found that those in the UK were most likely to anticipate substantial price increases.
Thirty nine per cent of respondents cited the rising cost of car repairs as a key factor for why premiums are likely to rise, 29 per cent mentioned claims fraud and 28 per cent mentioned a higher frequency of claims.
Insurance bosses said that the under 25 and over 75 age groups are the most likely to be affected by premium increases with taxi drivers, small business owners and fleet managers also likely to be affected.
The Civil Liability Bill aims to clampdown on whiplash claims and will also change the way the discount rate is calculated.
The discount rate is the percentage used to adjust compensation awards for personal injury victims, according to the amount they could expect to earn by investing it.
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