Car insurance price index
The most comprehensive analysis of car insurance pricing in the UK
The overall picture
Car insurance prices in steepest annual price drop in two years
Car insurance prices have dropped by £52 (6%) over the past 12 months – the steepest price drop in two years. That’s according to the latest Confused.com car insurance price index, powered by Willis Towers Watson. Drivers can now expect to pay £763 for their car insurance. This is the lowest that prices have been since early 2019.
Comprehensive car insurance price index
Q4 2015 - Q4 2020 - Average price per quarter
Average prices by region
Premiums across UK regions decrease by as much as £76 in 12 months
The cost of car insurance dropped the most in South Wales, with prices now £76 (10%) cheaper than 12 months ago. Drivers in the region now pay £659 for car insurance, on average. Meanwhile, drivers in Inner London pay almost double that, with car insurance prices in the region now £1,220 after a £40 (3%) decrease year-on-year.
Average prices by age
Car insurance prices drop the most for drivers in their early 20s.
The cost of car insurance for 21-year-olds decreased by £125 (8%) in 12 months, to £1,525, on average. However, 18-year-olds pay the most for their car insurance, with the average price for this age now £2,136 – the only age group paying more than £2,000.
How does my age change my insurance costs?Read more
Average prices by gender
Men pay more than women for car insurance
The average costs of car insurance for men and women both dropped, falling by £55 (6%) for men, and by £49 (6%) for women. Male drivers now pay £799, while female drivers pay £718, on average.Read more