A new report has revealed the major differences in car insurance costs based on where you live, with almost £1000 in difference.

The data which has been published by Compare The Market shows that drivers in a part of Cornwall are only paying £469.86 on average for their car insurance, compared to the most expensive which is in the London borough of Newham at an eye-watering £1,463.74.

London ranks overall as the most expensive place to try and secure car insurance, with drivers in the region paying on average three times as much as some areas. Outside of London and the most expensive areas are Manchester, Birmingham and Luton.

While Devon and Cornwall has some of the cheapest average insurance premiums, there are also huge savings to be had in other beauty spots such as North Norfolk and the Scottish Borders.

Dan Hutson, head of motor at Compare The Market, said: “It’s common knowledge that the age and value are key variables in determining car insurance quotes, but location also plays a major role.”

“The right policy for one person may be different for a friend or family member down the road, even if they live on the same street.”

The most expensive places for car insurance

Newham – £1,463.74
Tower Hamlets – £1,413.14
Hackney – £1,369.48
Brent – £1,361.71
Haringey – £1,311.89
Westminster – £1,308.05
Barking and Dagenham – £1,282.26
Manchester – £1,260.24
Redbridge – £1,230.58
Waltham Forest – £1,182.90

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