Compare the Market

How much does car insurance cost?

Our latest Premium Drivers Report suggests that insurance premiums have fallen during the UK’s coronavirus lockdown.

The average premium now stands at £701^^.

For drivers aged 17-24, the average premium is £1,116^^^.

Find out how much you could expect to pay with our car insurance calculator.

^^Compare the Market, Premium Drivers Index, September 2020.
^^^50% of young drivers between 17-24 years old could achieve a quote of up to £1,115.03 for their car insurance based on Compare the Market data in August 2020.

Insurance providers base the cost of your premium on the risk they face. So, for example, if you’ve made claims in the past, you’re liable to pay more than someone with a long history of no claims.

When you shop around with Compare the Market…

Fully comprehensive car insurance could cost from
£608
per year***
Learner driver car insurance could cost from
£557
per year****
Over 50s car insurance could cost from
£301
per year*****

***50% of people could achieve a quote of £608.00 per year for their fully comprehensive car insurance based on Compare the Market data in August 2020.

****50% of learner drivers between 17-24 years old could achieve a quote of up to £557 for their car insurance based on Compare the Market data in August 2020.

*****50% of over 50s could achieve a quote of up to £301 for their car insurance based on Compare the Market data in August 2020.

And that’s just the average. The cost of car insurance depends on a number of things. The price reflects the risk the insurance provider faces, so factors in things such as how expensive your car would be to replace or repair, the value of the car, how likely it is to be stolen, whether you’re a driver who abides by the law, how many miles you drive and so on.
When you shop around with Compare the Market, you could find cheaper policies.

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