Every month, Compare the Market compiles its Motor Snapshot which uses interactive tools to look at the cost of insurance depending on your age and where you live. Find out more in this month’s report.
The data is based on all motor insurance quotes undertaken via Compare the Market in June 2019-2020.
Head of Motor, comparethemarket.com
“Car insurance premiums decreased by £6 during June and now stand at an average of £709, which will be welcomed news for drivers. Although they still pay the most, premiums have dropped largely for younger drivers with a decrease of £10 from May’s prices, to £1,113. Premiums are still the highest in London, with those living in the capital paying an average of £1,089. This is nearly double the amount paid by drivers in the South West, where premiums stand at an average of £536. Switching provider is still the quickest and easiest way to reduce the cost of driving, so a better deal could be found by shopping around.”