Car insurance costs drop again – Confused/WTW
The average cost of comprehensive car insurance in the UK has dropped by £136 (16%) over the past 12 months to £735, according to the latest data from Confused/WTW.
The Car Insurance Price Index previously pegged the level at £757 in May.
The latest reduction of 3% for the three months to August means prices remain at their lowest level for over two years having decreased for seven consecutive quarters.
They are down by £260 (26%) since prices peaked during the period at £995 in December 2023.
RegionalThe data is generated by analysing more than six million quotes.
Car insurance prices have been dropping consistently for some time – but prices are still 25%
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