Average car insurance bills have jumped by more than 13% over the past year following a surge in costly claims, according to new data. LV= car insurance premiums to rise as profits plummet Read moreConsumer Intelligence, a market research agency specialising in insurance and banking, said the average UK motor premium stood at £788, which represented a price rise of 13.5% in the year to August. Younger drivers are paying the highest bills: the average premium for an under-25 is £1,831, although prices for this age group are rising at a slightly slower rate. Direct Line charged me less by phone than online as it said I was 'sensible' Read moreConsumer Intelligence’s data shows that the cheapest place to insure a car is Scotland, where the average premium is £562. The government said that if insurers passed the cost of this increase on to their customers, the average motor insurance premium would rise by £2 per year.
Source: The Guardian September 20, 2016 12:39 UTC