- ►2021 (19)
- ►2020 (23)
- ►2019 (6)
- ►2021 (19)
You may be interested to note that, according to the Confused.com Car Insurance Price Index that is produced every quarter, the average cost of car insurance has fallen significantly in the last 12 months. Wouldn’t it be great if a similar thing has happened to the cost of your courier insurance?
In the 12 months to the third quarter of 2021, the average cost of car insurance has fallen by £97 per annum to £514 per annum. That is a reduction of 16%. Apparently, that is the biggest price reduction for a period exceeding 7 years and is the lowest amount being paid for a period of 6 years.
The most expensive region in the UK is Inner London with motorists being charged an average of £804 per annum. That is a drop of £164 per annum when compared with a year ago. That equates to a fall of 17%.
The cheapest region in the UK is Scotland – Borders with motorists paying an average of 3327 per annum. That is a fall of £58 per annum. That equates to a fall of 15%.
Another factor that impacts upon how much an insurance company will charge you for car insurance is your age. An 18 year old pays the most with the average premium being £1,379 per annum. A 30 year old is paying an average of £689 per annum. A 70 year old is paying the least – an average of £301 per annum.
The average amount paid by a man is £549 per annum whilst the average amount paid by a woman is £456 per annum.
If your existing courier cover is shortly due to be renewed or you are looking for such cover having just set up in business as a courier driver then you may wish to shop around for your cover. In that respect, why not get in touch with us today with a view to obtaining a competitive quotation without any obligation as we provide access to an extensive panel of insurers. We look forward to being of assistance.