Parliament's Transport Committee has agreed to re-open an inquiry into the cost of motor insurance.

The decision comes in the light of further concerns about the rising cost of premiums.

Some motorists, particularly younger drivers, are finding that the cost of their insurance outweighs the purchase price of their car.

The committee has called Jack Straw MP to give evidence, following his research into the issue.

Committee chair Louise Ellman MP said “Motorists continue to suffer as premiums increase and there is mounting evidence that the insurance industry itself is part of the problem.

"Jack Straw’s research is a powerful contribution to the debate and as well as hearing what he has to say I will want to hold the insurance industry and the Government to account”.

The meeting will take place in the autumn, date to be announced, and other witnesses will be called.