The average cost of car insurance increased by 58 per cent in just 12 months, the equivalent of an additional £338 per person
“I was really shocked. It is already a struggle to manage my houshold budget but this is making it even harder.”
“I moved provider in the end to Howden. I also had to use a third-party broker, as I could not find anything cheaper than £1,400 myself on price comparison websites, or even going to insurers directly.” Caroline, from London, is not the only one who has seen the cost of their car insurance rocketing this year with drivers shocked at how much they are expected to pay at renewal.Confused.com, which said the average cost of insurance increased by 58 per cent in just 12 months, the equivalent of an additional £338 per person.
Susan, also from London, has had her VW Polo for three years and said she is not the only one who has experienced such a shock.The retiree renewed the deal, as it included another person on the insurance for no extra cost, a perk she wanted to keep. Other deals at a cheaper price were also hard to come by.
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