15 Jan Car insurance prices in the East of England increase +£11 in three months
The post-Christmas pinch is made worse for motorists in the East of England, as new data reveals the cost of car insurance in the region has increased over the past three months.
The cost of car insurance in the East of England increased by 2% – equivalent to +£11 in three months, with motorists in the region now paying £633, on average. That’s according to the most comprehensive car insurance price index in the UK based on more than six million quotes a quarter from Confused.com and powered by Willis Towers Watson.
However, the current price of insurance in the East of England is still -£32 (-5%) cheaper than 12 months ago, despite the increases seen this quarter (Q4 2018).
To help motorists in the region see how these increases have impacted their own premiums, Confused.com has created a car insurance calculator. The tool allows users to input their region, age and gender to find out the average cost of premiums for their demographic, compared to 12 months ago.
Motorists in Southend will be feeling the pinch of these increases in particular, as it is revealed to be the most expensive area in the East of England for car insurance. Motorists in the region pay £760, on average, following a slight -£1 (-0%) decrease since last quarter. Meanwhile, motorists in Peterborough saw the biggest increase in their car insurance costs, which accelerated by +£20 (+3%) over the same period.
These increases are reflective of direction way car insurance prices are heading across the majority of the UK. According to the data, the cost of car insurance in the UK rose +2% over the past three months – equivalent to +£14 – to £774, on average.