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Car insurance price index

The most comprehensive analysis of car insurance pricing in the UK

The overall picture

Car insurance prices continue to rise

The cost of car insurance continues to rise, with UK drivers now paying £629, on average. That’s according to the latest Confused.com car insurance price index, powered by WTW. The figures show a £100 (19%) increase in the past 12 months. This is the highest annual increase in more than 6 years.

Car insurance price index 2022 graph

Average prices by region

Drivers in Central and East & North East Scotland, and the North Midlands pay highest on record

Steep increases mean drivers are paying the highest car insurance costs on record in:

  • Central Scotland
  • East & North East Scotland
  • North Midlands

Drivers in Central Scotland are now paying £547, on average, following a £100 (22%) rise in prices in the past 12 months. Meanwhile, drivers in East & North East Scotland, and the North Midlands are now paying £80 more than last year (21% and 16% respectively). Their average car insurance costs are now £456 and £578, respectively. However, these aren’t the biggest monetary increases, as drivers in Inner London pay £1,008, on average, following a £183 (22%) rise in prices.

Car insurance price index  2022 regions map

Complete regional insurance pricing data

Region Average premium Annual change (£) Annual change (%) Quaterly change (£) Quarterly change (%)
London - Inner
£1,008
£183
22%
£72
8%
Manchester / Merseyside
£790
£108
16%
£53
7%
London - Outer
£808
£143
21%
£67
9%
Midlands - West
£755
£112
17%
£58
8%
Leeds / Sheffield
£715
£102
17%
£46
7%
Northern Ireland
£668
£120
22%
£37
6%
Midlands - East
£612
£87
16%
£37
7%
North West
£599
£82
16%
£39
7%
South Central
£598
£93
18%
£38
7%
Midlands - North
£578
£80
16%
£35
6%
North East
£546
£76
16%
£28
5%
North
£535
£76
16%
£31
6%
Scotland - Central
£547
£100
22%
£42
8%
South East
£533
£91
21%
£37
7%
East
£531
£89
20%
£39
8%
Wales - South
£510
£77
18%
£37
8%
South
£498
£80
19%
£30
6%
West
£475
£81
20%
£32
7%
Scotland - East & NE
£456
£80
21%
£25
6%
Scotland - Highlands & Islands
£448
£79
21%
£28
7%
Wales - Central & North
£432
£72
20%
£24
6%
South West
£417
£64
18%
£22
6%
Scotland - Borders
£418
£70
20%
£27
7%

Average prices by age

Young drivers still paying high insurance costs

The latest data reveals that young drivers are still paying more than £1,000 for their car insurance. Figures show that drivers aged 18 are currently paying £1,715, on average - an annual increase of £307 (22%). This is the steepest increase of all age groups. But this isn’t the highest price recorded for drivers of this age.

A £130 (17%) increase for drivers aged 28 puts their average insurance cost at £912 - the most expensive price on record for this age. Similar jumps are seen with drivers aged 30. That’s as annual costs have risen £149 (21%), on average. And although generally cheaper in cost, older drivers are still seeing increases too. For example, drivers aged 65 saw the cost of car insurance grow by £66 (21%) compared to this time last year. This means they’re now paying £385, on average.

Car insurance price index 2022 age image

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Average prices by gender

Men pay more than women for car insurance

Men continue to pay more than women for their car insurance, but costs have increased for both over a 12-month period. On average, car insurance costs have increased by £105 for men and £90 for women. Male drivers now pay £672, while female drivers pay £557, on average.

Car insurance price index 2022 gender image

Car insurance calculator

How do your prices compare to the rest of the nation? Use our car insurance calculator to look at the average premium for your age and region.

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