Skip advert
Advertisement

Car insurance costs back on rise

Average quote for car insurance is now £594, with further price increases to come

Doctors named as Britain's worst drivers

Savings on fuel from recently-lowered prices to less than £1 a litre could be negated by increasing car insurance premiums, which have seen their first consecutive quarterly rise since 2011.

The first report of 2015 shows the average quote now sits at £594 – up by £12 on the previous three months – bucking a consistent trend of falling premiums over the previous three years. Another quarterly increase would see the average premium top £600 – a total not seen since the end of 2013.

Advertisement - Article continues below

Petrol under £1 as prices hit five-year low

It’s a UK-wide rise, too, with 96 out of 121 postal towns experiencing an increase in the previous three months. The City of London recorded the biggest hike, at £80; Manchester and Merseyside reported the priciest insurance policy outside the capital.

Both men and women have seen rises compared to the last quarter – up by £13 and £11 respectively – while young and old drivers have been hit, too. Those aged 17 have been subject to a quarterly price rise of £73, meaning their policy now costs, on average, £1,983. 

Motorists are too poor to fix their cars

Drivers aged 61 have experienced the greatest percentage price increase of any age group, seeing their premiums rise by 4.7 per cent quarter-on-quarter to £342.

The report, by comparison site Confused.com in association with consultant Towers Watson, warns that policyholders should prepare themselves for further price increases over the coming months.

Steve Sanders, finance director at Confused.com, said: “While some consumers may still be experiencing year-on-year savings on their car insurance policies, these will be eroded by further price increases.”

Has your car insurance premium increased? Let us know in the comments below...

Skip advert
Advertisement
Skip advert
Advertisement

Most Popular

New Peugeot 208 GTi: electric hot hatch gets stunning looks and plenty of power
Peugeot E-208 GTi - reveal front

New Peugeot 208 GTi: electric hot hatch gets stunning looks and plenty of power

Hot Peugeot E-208 gets racier styling, 276bhp and does 0-62mph in just 5.7 seconds
News
13 Jun 2025
Car Deal of the Day: Kia Sportage at £255 per month can’t be anything but popular
Kia Sportage - side panning

Car Deal of the Day: Kia Sportage at £255 per month can’t be anything but popular

The Kia Sportage has earned its popularity over the years and deals like our Car Deal of the Day for June 14 won’t do it any harm at all.
News
14 Jun 2025
New entry-level Renault Symbioz is £3k cheaper than a Nissan Qashqai
Renault Symbioz hybrid - front angled

New entry-level Renault Symbioz is £3k cheaper than a Nissan Qashqai

The Renault Captur has also been fitted the new full-hybrid powertrain, which gets a bigger battery for more pure-electric driving
News
12 Jun 2025