Tuesday, January 16, 2024

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

“Like a lot of our expenses, car insurance is getting more costly. And this is likely to be the case for some time. Claiming is one of the biggest factors when it comes to insurers pricing up policies. And with the cost of paying out for claims being considerably high, insurance prices are going to be too.”

From my perspective as an inveterate pedestrian, car driving has got a lot worse in London since the pandemic.