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Average car insurance in UK nears £1,000 after rise of 58%
The Guardian
|January 16, 2023
The average price of car insurance in the UK has broken records to stand at close to £1,000 after price rises of more than 50% last year, according to new data.
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Drivers can now expect to pay an average of £995 for their insurance - the highest price ever in the UK - according to the latest index published by the price comparison website Confused.com.
Prices rose sharply last year, making car insurance almost unaffordable for many people, particularly if they have made a claim in recent years.
Prices increased by an average of £366 (or 58%) in the past 12 months, Confused.com said.
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