Average regional cost of British motor insurance

In London and North West, which were the regions with the highest average motor insurance premiums in November 2020, customers had to pay more than 1,000 British pounds. In contrast, in the South West, average motor insurance premiums were 473 British pounds, over three times lower than in London.

Average cost of the five cheapest motor insurance premiums in Great Britain (GB) as of November 2020, by region (in GBP)

Characteristic	Average cost in British pounds
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Release date

December 2020

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Region

United Kingdom (Great Britain)

Survey time period

November 2020

Supplementary notes

The source adds the following information: "The Consumer Intelligence Car Insurance Price Index is the independent authoritative source of price movements in the car insurance market, compiled using real customer quotes from price comparison websites (PCWs) and key direct providers."

"The cheapest premiums were calculated by comparing the prices offered for 3,600 people by all the major Price Comparison Sites and key direct insurers. The top 5 prices for each person were compared to the previous month’s top 5, then these variations averaged to produce the index."

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