Car insurance premium increases expected in 2018

Fri 26th Jan 2018

Car insurance premiums are expected to hit a record high in 2018 according to insurance comparison site

Tax increases, higher-tech vehicles and even Brexit are all being blamed for the price hike which could soon see average premiums top £900.

By the end of 2017, drivers were paying an average of £827 but the latest research estimates that average prices will hit £900 by the final quarter of 2018.

In some parts of the country that is already the case, with drivers in central London and Bradford paying average premiums of over £1200.

The research also found that men are charged an average of £114 more than women despite EU directives banning the use of gender as a ‘risk factor’.

It’s still young drivers bearing the brunt of higher premiums with drivers in the 17-19 age-bracket paying in excess of £2,000 on average.

Insurance rises have been blamed on a few factors, namely the rate of insurance premium tax doubling in the last two years; the complexity of modern cars costing more to repair; and that certain planned insurance reforms could be delayed by Brexit.

On, we provide information on the 'insurance group’ on each of our vehicles. Search thousand's of cars to find a model which fits into your budget and order any vehicle from the comfort of your home.