Average car insurance cost in the UK 2022, by age

In the United Kingdom, younger drivers paid more on average for their car insurance than older drivers in 2022. A driver who is around 20 years old would be charged roughly 850 British pounds whereas a driver in their 30s would be charged an average rate of 639 GBP. This higher premium stems from the idea that young drivers engage in more risky driving behavior, such as drink driving, and therefore pose a higher risk to insurance companies.

Young drivers pay more, but also tend to have more coverage

Prices of different car insurance cover plans in the UK decreased slightly between 2017 and 2020, except third party only plans which have increased in price since 2019. Third party, fire and theft plans overall had higher premiums than comprehensive plans. This, however, is because the basket of risks reflect the type of driver that buy such cover, which is typically young drivers.