Motor premiums see biggest drop since 2014

Fleet cars

Comprehensive car insurance premiums have fallen by 14% (£87) since the first quarter of 2020, according to the latest Confused/Willis Towers Watson car insurance price index.

This is the biggest annual drop since 2014 and the fourth largest decrease in 15 years since the index was launched in 2006.

According to the index, premiums are now the cheapest they have been since 2015, after falling by 7% (£37) in the first quarter of 2021.

It is predicted that the pandemic along with the pricing

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.

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: