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The overall picture Q3 2014

The great car insurance drop comes to an end, with marginal overall increases

The latest car insurance price index, in association with Towers Watson, shows that car insurance prices have finally stopped falling. Though the increase in the average cost of comprehensive car insurance is marginal, it's significant as this is the first time premiums have increased since June 2011. 

Comprehensive car insurance price index

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The average comprehensive car insurance price for Q3 2014 stands at £582, which is an increase of £3 on last quarter (Q2 2014 = £579). This isn't great news for motorists, as it suggests that prices have come to the end of their plummet. 

It was predicted this would be the case, however, as ongoing price decreases weren't sustainable.  

Who's paying the most? 

Whereas overall price increases in the UK this quarter are quite minimal, some regions have been hit harder than others. 

The most expensive comprehensive car insurance premiums are being paid by young males (aged 17-20) in the Inner London area. Their premiums come to £2,807 on average. 

Meanwhile drivers in the South have seen their prices go up by 2.6% quarter-on-quarter, raising their premiums by £12, as this chart demonstrates: 

Regions experiencing quarter-on-quarter price increases

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How have different age groups been affected?

This chart is a league table of the biggest car insurance price reductions by age. As you can see, drivers aged 66 saw the greatest quarterly price increases of all, seeing their premiums increase by 6.1%. 

Top ten quarterly increases by age

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Average prices by gender

Price index - gender

The car insurance price divide between men and women, which once saw females being much better off, continues to close.

Average prices by region

Price index - region

How does the area in which you live affect insurance? See car insurance prices broken down by region.

How car insurance is calculated

How is the price index calculated

When an insurer charges you for your car insurance, how does it work out the cost? Find out how car insurance is calculated.

Car insurance price index trends

Price index trends

Discover the trends in car insurance premiums. The car insurance price index tracks car insurance prices every quarter.

Compare car insurance

Compare car insurance

Are you paying too much for car insurance? Compare quotes from top providers to find a better deal.

Car insurance price calculator

Car insurance price index calculator

Want to know what the average price for car insurance is for your age, sex and area? Try our car insurance price calculator.