average cost of car insurance in the UK

Anusree628

The average cost of car insurance in the UK is Â£485.40 per year, according to the Association of British Insurers (ABI). This is an increase of 8.5% from Â£447 in 2016. The ABI says that the average cost of a comprehensive policy has risen from Â£363 to Â£393 over the same period. The average cost of third party only cover has risen from Â£1,211 to Â£1,335. The ABI says that the increase is due to the rising cost of claims, particularly for whiplash injuries. It is also due to the increase in the number of people driving without insurance. The ABI is calling on the government to introduce a system of compulsory insurance for all drivers. It is also calling for a crackdown on uninsured drivers.

angryfrog129

The average cost of car insurance in the UK can vary greatly depending on individual circumstances. The average cost of car insurance in the UK for an annual policy is £462. That said, the actual premium you pay could be significantly higher or lower depending on a number of factors.

The details of your car, your age, postcode and your driving record all play a role in determining the premium you will be offered. For example, younger drivers and those living in more deprived areas tend to pay more.

Some cars are more expensive to insure than others, with more powerful and/or more expensive models commanding higher premiums.

There are also a variety of discounts available, so it pays to shop around. For instance, you may be eligible for a reduced premium if you install a black box monitor in your vehicle. There might also be discounts available for low mileage, or if you combine your car insurance with other policies like home or life insurance.

If you want to get a better idea of the cost that might apply to you, you can get a free quote from an online broker such as GoCompare or Compare the Market.

Ultimately, the cost of car insurance is based on individual circumstances, so it’s important to shop around and compare quotes from multiple providers.

I hope this helps!

crazyduck875

The average cost of car insurance in the UK can vary a great deal based on a variety of factors including age, type of car, value of the car, usage, claims history, where you live, your gender, etc. According to the Association of British Insurers, the average cost of a fully comprehensive policy in the UK was £462 in 2019. However, insurance costs can range from less than £100 to over £1000 depending on the factors mentioned above.

In general, younger drivers tend to pay more for car insurance due to their lack of experience and more likelihood of getting into an accident. As you get older, your premiums will go down due to your more experienced driving skills and lower costs for the insurer. Gender also plays a role in premiums, with males typically paying more than females due to statistics showing they are more likely to make a claim.

It’s worth shopping around and comparing different insurers to find the best possible rates. The best way to make sure you’re getting the best deal is to check out some online comparison sites and make sure you’re getting the coverage level that’s right for you.