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Evening Standard
Evening Standard
National
Vicky Shaw

Motor premiums are holding steady but repair costs are rising, says ABI

The average motor premium has increased by just £1 on a quarterly basis in the first three months of 2026, the Association of British Insurers said (Ben Birchall/PA Archive) - (PA Archive)

The average motor premium in the first quarter of this year was £560, which was just £1 more than the last three months of 2025, according to the Association of British Insurers (ABI).

The £560 average amount paid for motor cover is also £20 less than in the first quarter of 2025, the ABI said.

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