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ABI average motor insurance premium tracker Q4 2014 data

The key findings from the ABI's average comprehensive motor insurance premium tracker Q4 2014 statistics include:

  • The average comprehensive private motor insurance premium in Q4 2014 was £372, up 5% from the previous quarter but just 1% higher than in Q4 2013
  • The current premium remains less than that of Q2 2013, with £595m in total savings being passed on to motorists since then as a result of lower premiums
  • On average, the premium paid by motorists in 2014 was 4% lower than that of 2013

ABI Average motor premium tracker chart Q1 2012 to Q4 2014 

Detailed statistics on motor insurance and the rest of the insurance industry are available to purchase.

ABI members and stats subscribers can view the data in our our industry data section.

Last updated 01/07/2016