Premium Drivers index

Each quarter, Comparethemarket.com publishes research on the cost of car insurance premiums and the savings you could make by shopping around for your insurance.

Each quarter, Comparethemarket.com publishes research on the cost of car insurance premiums and the savings you could make by shopping around for your insurance.

View our latest Premium Drivers Report

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Our latest report suggests that insurance premiums have increased by £76 year on year, with the average now standing at £629. Unfortunately, older drivers are currently the worst affected, with premiums for drivers aged 50-80 rising by 16% year-on-year.[1]

Find out if you can save on your premiums by comparing car insurance quotes.

[1]51% of Comparethemarket customers in Britain were quoted less than this price for their car insurance for the months specified.

Market changes

As the cost of living continued to rise and inflation surged, premiums rose throughout 2022. Alongside a rise in the value of second-hand cars and repair costs, the cost of driving got significantly more expensive.

Author image Julie Daniels

What our expert says...

"Drivers will be concerned that the cost of car insurance is rising, especially when household finances are already being strained. Our research shows the average motor premium has increased by 14% year-on-year. However, the cost of car insurance is rising faster for drivers over 50. This could mean that these motorists end up paying much more than they need to for car insurance, as they are also less likely to switch insurers. Our figures show loyalty doesn't always pay. By shopping around, drivers could save hundreds of pounds when their policy ends. We encourage everyone now, more than ever, to check if they could save by switching."

- Julie Daniels, Motor insurance expert

Past reports

We carry out this research every quarter to find out what the current landscape means to you when it comes to buying your car insurance. Here you can see our previous reports to see how the industry has changed over the past year and what this means for your car insurance premium.

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