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News & Views
Beware of Hiring Out Your Car
Car sharing, which includes ride-share services like Uber and HiyaCar, can earn car owners an average of £116 a week. Due to its ease of use and availability, car sharing grew by 23 per cent between 2013 and 2015, according to PricewaterhouseCoopers. However, depending on how much a car owner earns, he or she could experience some costly and unexpected insurance implications.
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