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 almost six years

Car insurance prices have dropped by £87 (14%) over the past 12 months – the steepest price drop in almost six years. That’s according to the latest car insurance price index, powered by Willis Towers Watson. Drivers can now expect to pay £538 for their car insurance.

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Comprehensive car insurance price index

Q2 2016 - Q1 2021 - Average price per quarter


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Average prices by region

Premiums across UK regions decrease by as much as £122 in 12 months

The cost of car insurance dropped the most in Manchester and Merseyside, with prices now £112 (15%) cheaper than 12 months ago. Drivers in the region now pay £708 for car insurance, on average. Meanwhile, drivers in Inner London pay the most, with car insurance prices in the region now £846, despite a £116 (12%) 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 £141 (11%) in 12 months, to £1,144, on average. However, 18-year-olds pay the most for their car insurance, with the average price for this age now £1,442.

How does my age change my insurance costs?

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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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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 £91 (14%) for men, and by £82 (15%) for women. Male drivers now pay £574, while female drivers pay £477, on average.

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*Based on data provided by Consumer Intelligence Ltd, (March '21). 51% of car insurance customers could save £228.60