Average Car Insurance Premium by Region 2024
At Quotezone.co.uk we have used our data to give you up-to-date statistics on UK car insurance prices in 2024. These are broken down for each UK region and age group, giving you a clear idea of the average premium cost where you live.
This comprehensive car insurance price index gives you insight into statistics and trends for UK-wide car insurance costs between 2023 and 2024.
Our Quotezone data shows the current average cost of UK car insurance in 2024 is £810.25
Find data on UK car insurance costs in 2024
Average cost of UK car insurance 2024
Regional average cost of UK car insurance 2024
Month on month regional average cost of UK car insurance 2024
Regional average cost of UK car insurance for different age groups 2024
Monthly average cost of UK car insurance for different age groups 2023
The average cost of UK car insurance 2024
| Month | Average UK cost of car insurance |
| January | £799.18 |
| February | £817.01 |
| March | £833.72 |
| April | £801.15 |
| May | £800.20 |
| 2024 to date | £810.25 |
Will car insurance prices come down?
Car insurance costs steadily increased throughout 2023. So if you bought car insurance in December of 2023, you could have paid an average of 43% more than those who renewed their car insurance in January 2023.
However, car insurance costs have fallen for the first time in a year as of Q1 of 2024. The average price of car insurance fell by just under £69. This is great news for UK drivers who have been struggling with the increasing cost of car insurance.
The average cost of car insurance by UK region
As of May 2024, London car insurance is the most expensive across all the UK regions, costing £467 more than the national average of £810.
South West England has the cheapest average car insurance cost at £599. This is £211 cheaper than the current national average.
The region paying premiums that are the closest to the national average is the East Midlands. Here the average premium cost for car insurance is £811.
Reference – Data from Quotezone.co.uk, this data uses a random sample of over 100,000 UK car insurance policies from January – May 2024.
Car insurance statistics across the UK regions
| Region | Average Car Insurance Premium | |
| 1 | London | £1,277.34 |
| 2 | West Midlands | £986.39 |
| 3 | North West England | £917.26 |
| 4 | Yorkshire | £873.10 |
| 5 | East Midlands | £811.33 |
| 6 | East of England | £747.96 |
| 7 | South East England | £746.26 |
| 8 | North East England | £715.39 |
| 9 | Wales | £690.76 |
| 10 | Scotland | £675.81 |
| 11 | Northern Ireland | £675.32 |
| 12 | South West England | £598.86 |
The average cost of UK car insurance in 2024 by region and month
The price of UK car insurance has stayed fairly consistent across the first half of 2024.
The average overall cost in January stood at £802. While this rose slightly to £830 in March, the average cost of car insurance across all UK regions is now £801, in May 2024.
However, our car insurance index stats show costs fell by an average of £33 across all regions except Northern Ireland between March and April 2024. Which is good news if your car insurance renews at this time.
| 2024 | January | February | March | April | May |
| London | £1,282.62 | £1,315.55 | £1,279.04 | £1,228.68 | £1,276.56 |
| West Midlands | £989.23 | £986.39 | £998.79 | £967.74 | £988.51 |
| North West England | £899.06 | £926.37 | £955.09 | £901.91 | £906.54 |
| Yorkshire | £859.89 | £885.30 | £910.17 | £859.28 | £853.16 |
| East Midlands | £809.97 | £797.72 | £839.85 | £798.40 | £809.40 |
| East of England | £737.87 | £750.07 | £765.90 | £746.56 | £739.78 |
| South East England | £740.33 | £742.28 | £771.98 | £739.37 | £738.19 |
| North East England | £717.07 | £714.49 | £735.35 | £706.98 | £704.13 |
| Wales | £695.99 | £677.67 | £702.38 | £684.36 | £685.27 |
| Northern Ireland | £662.88 | £687.58 | £680.40 | £681.58 | £665.69 |
| Scotland | £655.40 | £681.62 | £701.81 | £678.73 | £661.86 |
| South West England | £582.92 | £600.03 | £618.09 | £608.28 | £584.36 |
The average cost of UK car insurance for different age groups across UK regions
Young drivers have the highest average premiums across every UK region. In London young drivers could expect to pay over 78% more than a motorist aged 45 to 65 in the same area.
This trend is true even for the cheapest regions with young drivers in Northern Ireland paying over 56% more than the regional average.
| Region | 17-24 | 25-34 | 35-44 | 45-64 | 65+ |
| London | £3,750.67 | £1,909.60 | £1,372.56 | £918.98 | £728.68 |
| North West England | £2,987.96 | £1,579.79 | £1,093.48 | £626.28 | £542.55 |
| Yorkshire | £2,903.73 | £1,485.79 | £1,021.49 | £568.89 | £506.09 |
| West Midlands | £2,863.84 | £1,619.07 | £1,107.31 | £648.54 | £536.65 |
| North East England | £2,508.17 | £1,276.50 | £868.45 | £500.16 | £462.83 |
| East Midlands | £2,481.54 | £1,356.80 | £914.49 | £546.30 | £488.89 |
| South East England | £2,347.50 | £1,236.19 | £856.94 | £538.24 | £504.62 |
| East of England | £2,290.02 | £1,263.62 | £870.35 | £530.88 | £486.29 |
| Scotland | £2,259.53 | £1,124.95 | £798.95 | £493.82 | £462.44 |
| Wales | £2,244.92 | £1,121.42 | £796.03 | £452.79 | £425.97 |
| South West England | £1,903.95 | £995.99 | £707.03 | £431.64 | £431.54 |
| Northern Ireland | £1,842.25 | £868.58 | £636.39 | £476.18 | £509.64 |
Monthly average cost of UK car insurance for different age groups 2023
The cost of car insurance has seen historic increases in recent years, and premiums rose consistently across 2023.
Our 2023 car insurance price index gives the average cost of UK-wide car insurance premiums between January and December 2023. These are also separated by age group and month to allow consistent comparisons with our 2024 data.
| Age> | 17-24 | 25-34 | 35-44 | 45-64 | 65+ |
| Jan-23 | £1148.98 | £621.03 | £495.92 | £348.87 | £334.35 |
| February | £1217.44 | £636.79 | £497.77 | £362.20 | £349.34 |
| March | £1361.14 | £684.02 | £528.89 | £375.02 | £356.41 |
| April | £1397.93 | £702.93 | £536.27 | £406.30 | £391.45 |
| May | £1532.90 | £722.00 | £547.03 | £406.30 | £391.45 |
| June | £1572.33 | £738.89 | £577.51 | £426.65 | £408.65 |
| July | £1576.04 | £780.77 | £595.80 | £432.43 | £425.86 |
| August | £1666.76 | £822.41 | £628.98 | £456.37 | £446.48 |
| September | £1829.44 | £857.37 | £666.93 | £477.94 | £467.52 |
| October | £1884.28 | £867.33 | £686.85 | £484.64 | £491.91 |
| November | £1885.44 | £896.83 | £686.83 | £498.33 | £492.91 |
| December | £1840.38 | £906.59 | £692.61 | £483.92 | £479.31 |
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References
*Quotezone.co.uk – All data shown uses a random sample of over 100,000 UK car insurance policies from January 2023 – January 2024, across all age groups.