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The Guardian - UK
The Guardian - UK
Business
Zoe Wood and Miles Brignall

UK drivers complain as car insurance renewal costs rise up to 70%

Insurance Office for National Statistics ABI Direct Line Saga
A traffic jam on the M8 motorway
The trade body says insurers face extra costs that are becoming ‘increasingly challenging to absorb’. Photograph: Kenny Williamson/Alamy

Car insurance is the latest household bill to go through the roof, with angry motorists complaining that prices are shooting up by as much as 70% when their policy comes up for renewal.

While fuel prices have dropped back from 2022’s record highs the latest inflation bulletin from the Office for National Statistics (ONS) showed a new source of financial pain, with the price of car insurance up 43.1% in the last 12 months.

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