Car insurance costs hit a record high of £511 a year

  • Home
  • Insurance
  • Car insurance costs hit a record high of £511 a year
  • Drivers now pay higher prices to insure their cars, with costs now topping £500
  • Here’s how to get the best deal on your car insurance and offset the price hikes 



The average driver now pays £511 a year for insurance, a record high according to official data.

The price of typical car cover rose 7 per cent, or £39 a year, from the first three months of 2023 to the second quarter, according to the Association of British Insurers.

The trade body said the average premium…

Continue reading this news update.

Comments are closed