Average cost of motor insurance in the UK Q4 2018, by age and gender

Published by
Jennifer Rudden,
Jan 11, 2022
This statistic displays the average cost of motor insurance premiums in the United Kingdom (UK) in the fourth quarter of 2018, by age and gender. At almost every age, it was male drives that had higher premiums as compared to their female counterparts. Males aged between 17 and 22 years of age had the highest motor insurance costs for any age or gender. On average young males paid more than 200 British pounds more annually than females of the same age. When assessing policy costs of motor insurance, companies will look at the persons, age, gender, nationality and even regionality.

Average cost of motor insurance in the United Kingdom (UK) as of the 4th quarter 2018, by age and gender (in GBP)

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Source

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Release date

January 2019

Region

United Kingdom

Survey time period

4th quarter 2018

Number of respondents

2,800 Customers

Special properties

taken from 80 insurance providers

Supplementary notes

Figures rounded.
The source added the following information "The shoparound premium is the average of the five lowest premiums quoted by the insurers in the market survey. This more closely reflects the price paid, but does not take account of discretionary discounts offered."

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