Motor premiums stabilise as telematics grows

fleet-motor

Over a quarter (27%) of the five cheapest insurance quotes now come from telematics firms, according to data analysis by Consumer Intelligence.

It detailed that is the highest figure recorded since the insurance pricing expert started collecting data in October 2013.

Figures
The index reveals the average cost of car insurance is now 11.4% below pre-Covid levels, with premiums going down 9.4% in the last 12 months alone. The average motor premium in the UK is now placed at £751.

Last year, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: