UK car insurance quotes increased 34% to £500-£749 on average in May, but fell 1.3% in the following quarter.
Car insurance quotes in the UK increased by 34% on average in the year to May, reaching a range of £500-£749 for most drivers. However, the worst of the price hikes may be over, as average quotes fell by 1.3% in the three months to May, marking the first quarterly decrease since late 2021. Telematics providers have become more competitive, particularly benefiting younger drivers, who can now access tailored premiums based on their driving habits.
July 08, 2024
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