Household spending on motor insurance in the United Kingdom reached its peak in 2020 and has since fallen year-on-year. In 2022, the total household expenditure on insurance connected with transport amounted to roughly 2.66 billion British pounds, down from four billion British pounds two years earlier.
Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022
(in billion GBP)
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Office for National Statistics (UK). (June 30, 2023). Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022 (in billion GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022 (in billion GBP)." Chart. June 30, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). (2023). Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022 (in billion GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK). "Household Expenditure on Vehicle Insurance in The United Kingdom from 1997 to 2022 (in Billion Gbp)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/
Office for National Statistics (UK), Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022 (in billion GBP) Statista, https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/ (last visited November 21, 2024)
Household expenditure on vehicle insurance in the United Kingdom from 1997 to 2022 (in billion GBP) [Graph], Office for National Statistics (UK), June 30, 2023. [Online]. Available: https://www.statista.com/statistics/533161/consumer-spending-on-vehicle-insurance-in-the-united-kingdom-uk/
