Average cost of motor insurance premiums in the UK Q1 2010-Q4 2018, by cover

This statistic displays the average cost of motor insurance premiums in the united Kingdom (UK) from the first quarter of 2010 to the fourth quarter of 2018, by insurance plan cover. As of the fourth quarter of 2018, the average cost of comprehensive motor insurance was under 610 British pounds, approximately 260 British pounds on average less than third party, fire and theft plans. Third party, fire and theft insurance premiums tend to be higher in general because of the risk associated to the type of driver that buys such cover, which is typically young drivers.

Average cost of motor insurance premiums in the United Kingdom (UK) from the 1st quarter 2010 to 4th quarter 2018, by cover plan

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Source

Release date

January 2019

Region

United Kingdom

Survey time period

1st quarter 2010 to 4th quarter 2018

Number of respondents

2,800 Customers

Special properties

taken from 80 insurance providers

Supplementary notes

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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Statistics on "Motor insurance in the UK"

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