In London and North West, which were the regions with the highest average motor insurance premiums in November 2020, customers had to pay more than 1,000 British pounds. In contrast, in the South West, average motor insurance premiums were 473 British pounds, over three times lower than in London.
Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region
(in GBP)
The source adds the following information: "The Consumer Intelligence Car Insurance Price Index is the independent authoritative source of price movements in the car insurance market, compiled using real customer quotes from price comparison websites (PCWs) and key direct providers."
"The cheapest premiums were calculated by comparing the prices offered for 3,600 people by all the major Price Comparison Sites and key direct insurers. The top 5 prices for each person were compared to the previous month’s top 5, then these variations averaged to produce the index."
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Consumer Intelligence Research Partners. (December 22, 2020). Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/
Consumer Intelligence Research Partners. "Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP)." Chart. December 22, 2020. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/
Consumer Intelligence Research Partners. (2020). Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/
Consumer Intelligence Research Partners. "Average Cost of The Five Cheapest Motor Insurance Premiums in Great Britain (Gb) as of November 2020, by Region (in Gbp)." Statista, Statista Inc., 22 Dec 2020, https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/
Consumer Intelligence Research Partners, Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP) Statista, https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/ (last visited October 10, 2024)
Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP) [Graph], Consumer Intelligence Research Partners, December 22, 2020. [Online]. Available: https://www.statista.com/statistics/831066/motor-insurance-premium-average-price-united-kingdom/