Number of insured vehicle years in the UK 2004-2016
This statistic displays the number of insured vehicle years in the motor insurance market in the United Kingdom, from 2004 to 2016. According to the source, Insurance Europe, an insurance vehicle year 'A measure of exposure equivalent to one vehicle insured for one year, two vehicles insured for six months each, etc.' The number of insured vehicle years experienced an increase throughout the entire period. In 2016 there were over 33 million insured vehicles in the motor market in the United Kingdom.