Car premiums fall in Q2 amid Covid-19 lockdown

heavy-traffic

Consumer Intelligence says average motor premiums fell by 1.4% in the last three months, most likely as a result of fewer people driving during the pandemic.

Average UK motor premiums began to fall as the country went into lockdown, according to the latest set of data published by Consumer Intelligence.

The research firm stated that average premiums now stand at £876 following a 1.4% fall in the last three months, most likely as a result of the pandemic.

John Blevins, pricing expert at Consumer Intelligence said: “With fewer cars on the road and the subsequent reduction in claims, it seems some of those savings may be making their way back to

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk 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

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

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: