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ABI average motor insurance premium tracker launch statistics

The new ABI average comprehensive motor insurance premium tracker launched on January 27, 2014 shows that:

  • There has been a downward trend in the average premium paid over the past eight quarters, from £415 in Q1 2012 to £370 in Q4 2013, which represents a £45 or 11% decrease.
  • In 2013 the average premium paid during each quarter was around 9% lower than the same quarter in 2012.

Average motor premium chart Q1 2012 - Q4 2013

Detailed statistics on motor insurance and the rest of the insurance industry are available to purchase. See our industry data section for more details.

Last updated 01/07/2016