Prices have risen by £338 in the past year.
The average cost of car insurance has risen by £338 in the last year with premiums soaring by £148 in the last three months alone.
Outside of the capital, drivers in Manchester and Merseyside are putting up with an annual increase of around £417, with average premiums now standing at £1,154. In the West Midlands, the cost of car insurance now stands at an average of £1,139 – or up £442 on the year prior. Louise Thomas, motor expert at Confused.com car insurance, said: “For another consecutive quarter, we’ve seen some of the highest inflation rates when it comes to car insurance.
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