Why has car insurance gone up? What is driving the price of insuring a car up higher than UK inflation rates 

  • Home
  • Insurance
  • Why has car insurance gone up? What is driving the price of insuring a car up higher than UK inflation rates 

If you’ve noticed your car insurance costs creeping up, or even jumping dramatically higher, you are not alone.

More than half of British drivers (55 per cent) believe their car insurance is excessively expensive, according to recent figures from Forbes Advisor.

And they have good reason to think so. Inflation figures Office for National Statistics (ONS) figures show that car insurance costs have been increasing at an accelerating rate. In May, prices were up more than 40 per…

Continue reading this news update.

Comments are closed