Average car insurance cost in UK nears £1,000 after prices rise 58%

British Motorists Pay £1,000 to Insure a Car as Costs Soar

UK drivers are paying almost £1,000 ($1,272) a year for their car insurance as the cost-of-living crisis continues to bite.

Average UK car insurance quote hits record £995

Rise in prices comes after insurers register surge in cost of claims

Young drivers face £3,000 cost for car insurance

Inflation and repairs have sent quotes soaring for younger motorists, according to data.

Average car insurance cost in UK soars to record high

It now costs nearly £3,000 on average for an 18-year-old to insure a car, according to Confused.com

Highest average car insurance prices on record

Confused.com says that prices have, on average, increased by 58% in the last 12 months

Average car insurance cost in UK nears £1,000 after prices rise 58%

Young drivers face huge increases as soaring costs help push up inflationThe average price of car insurance in the UK has broken records to stand at close to £1,000 after price rises of more than 50% last year, according to new data.Drivers can now expect to pay £995 for their car insurance, on average – the highest price ever in the UK – according to the latest index published by the price comparison website Confused.com. Continue reading...