The average car insurance premium in the UK has risen by £90 ($115) over the last year, according to analysis from Consumer Intelligence. The typical annual premium across Britain is £666, more than 15% higher than a year ago, the research group said. While drivers between 21 and 24 pay an average £1,202, this group has seen slightly lower-than-average premium increases of 13.1%. In contrast, motorists aged 25 or older have paid less for their insurance, with premiums falling by just under 10%.
The average car insurance premium in the UK has risen by £90 ($115) over the last year, according to analysis from Consumer Intelligence. The typical annual premium across Britain is £666, more than 15% higher than a year ago, the research group said. While drivers between 21 and 24 pay an average £1,202, this group has seen slightly lower-than-average premium increases of 13.1%. Meanwhile, over-50s typically pay premiums of £418, but have experienced a premium increase of 17.9%.