Share of telematics motor insurance quotes in Great Britain 2021-2022, by age group

Published by
Jennifer Rudden,
Jun 19, 2023
Among the five cheapest motor insurance quotes in 2022, one in five quotes offered to drivers aged 50 and over were by telematic brands. Overall, for all drivers, the proportion of the cheapest five motor insurance quotes provided by telematics was 18.4 percent. In insurance, telematics is used to collect real time data on a driver's behavior and improve motor insurance underwriting by making it more precise.

Share of the cheapest five motor insurance quotes provided by telematic brands in Great Britain from December 2021 to November 2022, by age group

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

In cooperation with
Release date

December 2022

Region

United Kingdom (Great Britain)

Survey time period

December 2021 to November 2022

Special properties

cheapest five motor insurance quotes.

Supplementary notes

The source adds the following information: "For each risk common to consecutive months, the variation is calculated from the average of the top 5 cheapest premiums returned across the PCWs and key directs in the previous month to the average of the top 5 in the current month (regardless of which brands provided these quotes).

The overall market top 5 monthly variation is calculated by averaging across all these risk level top 5 variations for common risks run in both months.

The monthly figures are concatenated up to produce the trended price index from a starting point of 100% in the base month."

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Motor insurance in the UK "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Motor insurance in the UK

Market overview

5

Segments

5

Leading companies

5

Sales metrics/consumption

5

Customer perspective/specialties

3

Further related statistics

17

Further Content: You might find this interesting as well

Statistics

Topics

Motor insurance in the UKCar brands in the United StatesMotor vehicle productionMotor insurance in the United StatesMotor insurance in Canada
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu