Average cost of motor insurance premiums in the UK 2017-2023

Published by
Jennifer Rudden,
Nov 1, 2024
The cost of comprehensive motor insurance in the United Kingdom reached a five-year high in the third quarter of 2023. As of the third quarter of 2023, the average cost of comprehensive motor insurance was approximately 561 British pounds. Age also plays a role in the price of car insurance with 20- and 75-year olds paying the most in 2022.

Average cost of comprehensive motor insurance premiums in the United Kingdom (UK) from the 4th quarter 2017 to 3rd quarter 2023 (in GBP)

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Release date

November 2023

Region

United Kingdom

Survey time period

Q4 2017 to Q3 2023

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