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ABI average motor insurance premium tracker Q3 2014 data

The key findings from the ABI's average comprehensive motor insurance premium tracker Q3 2014 statistics include:

  • The average comprehensive private motor insurance premium in Q3 2014 was £356, which was 2.5% lower than in Q3 2013
  • Over the past 18 months insurers have passed on total savings to motorists of £700 million as a result of lower premiums
  • Since Q1 2012 the average cost of a comprehensive private motor insurance policy has fallen by 14%

ABI Average motor premium tracker chart Q1 2012 to Q3 2014 

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