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The Guardian - UK
The Guardian - UK
Business
Miles Brignall

Average car insurance cost in UK nears £1,000 after prices rise 58%

Insurance United Kingdom Confusedcom Inflation
Car insurance claim form
The cost of paying out for claims has driven up car insurance prices, experts say. Photograph: Peter Dazeley/Getty Images

The average price of car insurance in the UK has broken records to stand at close to £1,000 after price rises of more than 50% last year, according to new data.

Drivers can now expect to pay £995 for their car insurance, on average – the highest price ever in the UK – according to the latest index published by the price comparison website Confused.com.

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