Motor insurance premiums not yet hit by impact of floods

Experian’s latest Motor Insurance Benchmark has revealed that the average quote for comprehensive cover in the direct market reached £567.30 during quarter three (July, August and September), but it was only 0.8% higher than the average quote in quarter two (£562.70) despite the recent floods.

The broker market, however, saw a large increase in the average premium rate compared to the previous quarter for both comprehensive and third party, fire and theft. Insurance premiums shot up in July

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: