News

Increases in motor insurance premiums outstrip CPI inflation

By 2023-07-20T07:00:00

rising car costs

’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing

Car insurance premiums rose by a record-breaking 18% (£119) in Q2 2023, the latest Car Insurance Price Index from Confused.com and Willis Towers Watson (WTW) has revealed.

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