Quoted premiums fall 9.1% up to now 12 months however stay flat up to now three months, with worth lower provides hitting report highs.
Quoted automotive insurance coverage premiums fell 9.1% up to now 12 months however remained comparatively flat at -0.5% up to now three months, in response to Shopper Intelligence’s newest Automotive Insurance coverage Worth Index. Nonetheless, October 2025 marked the primary month since February 2024 to indicate inflation in aggressive costs above 0.5%, suggesting the market could also be responding to realised losses.
The typical Rank 1-5 new enterprise quoted premium from worth comparability web sites (PCWs) was £1,210 in October 2025, down from £1,365 in October 2024.
Youthful drivers skilled a 3.6% rise up to now three months regardless of a 2.9% annual fall, while premiums for drivers aged 50 and over fell 2.6% within the newest quarter and 11.9% over the yr.
Shopper Intelligence’s information exhibits the largest improvement out there has been the report variety of worth lower banners showing on comparability web sites, pushed by the proliferation of recent merchandise coming into the market providing tiered propositions at aggressive positions.
Drivers in Wales noticed the largest fall up to now yr at 16.2%, while London and Scotland skilled smaller reductions at 1.7% and 4.0% respectively. Within the newest quarter, London and Scotland returned to inflation at 1.9% and 1.7% respectively.
Quoted premiums
Drivers mostly obtained a quote between £250 and £499 with 29% of quotes falling on this vary and 24% falling between £500 and £749.
Within the newest quarter, drivers looking for the most cost effective Rank 1-5 quotes noticed continued falls for ages 50+ at 2.6%, while aggressive premiums inflated for the second consecutive quarter for under-25s at 3.6%.
Almost 42% of under-25s may supply a quote for lower than £1,000 in October, up from 36% a yr in the past. By comparability, 80% of over-50s can supply a quote for lower than £750 in October in contrast with 72% a yr earlier.
Lengthy-term view
Common quoted premiums have risen by 102.5% – greater than doubled – since October 2013 when Shopper Intelligence first began amassing information.
The over-50s have seen the most important enhance, with premiums rising by 128.5%, while the under-25s have skilled a way more modest enhance of 39.8%. Drivers aged 25-49 have seen premiums climb 120.8%.
Age variations up to now yr
The over-50s benefited essentially the most from worth falls with common quoted premiums down 11.9% up to now 12 months, adopted by ages 25-49 at 9.1% and under-25s at simply 2.9%.
Quoted premiums have risen 3.6% for the under-25s up to now three months however fallen 2.6% for drivers aged 50 and over. Ages 25-49 remained comparatively flat at -0.4%.
Telematics
The proportion of Rank 1-5 quotes delivered by telematics suppliers remained constant at 16% in October 2025, unchanged since July. A small enhance was noticed for under-25s, rising 1 proportion level to 38%, while ages 25-49 remained at 14% and over-50s stayed at 9%.
The rise in telematics competitiveness for youthful drivers has been pushed by stronger worth hikes from key non-telematics merchandise, reminiscent of these from the Hastings group, which has created area within the high 5 rankings for telematics suppliers.
Zego, a brand new non-telematics supplier, entered the PCW motor market over the past quarter with aggressive premiums, recurrently registering within the 5 least expensive quotes. Nonetheless, as they don’t provide quotes for drivers underneath 25, their impression on non-telematics competitors for youthful drivers is proscribed, while strengthening competitors for different age teams.
Regional variations
All areas noticed falls in common quoted premiums over the previous yr however the decreases ranged from 16.2% in Wales to 1.7% in London and 4.0% in Scotland. One other seven areas noticed double digit falls.
Prior to now three months, most areas continued to indicate decreases in common premiums. Nonetheless, London and Scotland returned to inflation at 1.9% and 1.7% respectively.
Drivers within the North-West proceed to face the very best common quoted Rank 1-5 premiums at £1,680, forward of London at £1,439. Motorists within the South-West proceed to see the bottom common Rank 1-5 quoted premiums at £839, with three different areas additionally reporting averages under the £1,000 mark: Wales, East-Midlands and Japanese.
|
Area |
Worth Index previous 12 months (Oct 24 to Oct 25) |
Worth Index previous 3 months (Jul 25 to Oct 25) |
|
Wales |
-16.2% |
-2.1% |
|
Japanese |
-13.1% |
-0.9% |
|
West Midlands |
-12.2% |
-0.9% |
|
Yorkshire & The Humber |
-12.0% |
-1.3% |
|
South West |
-11.8% |
-1.9% |
|
South East |
-11.7% |
-2.8% |
|
North East |
-11.3% |
-0.8% |
|
North West |
-10.7% |
-1.6% |
|
East Midlands |
-7.4% |
-0.9% |
|
Scotland |
-4.0% |
+1.7% |
|
London |
-1.7% |
+1.9% |
- For every threat, frequent to consecutive months, the variation is calculated from the typical of the highest 5 least expensive premiums returned on every PCW within the earlier month to the typical of the highest 5 within the present month no matter which manufacturers supplied these quotes. The train is repeated on every PCW for every frequent threat. The general market high 5 month-to-month variation is calculated by averaging throughout all these threat degree high 5 variations for frequent dangers run in each months. The month-to-month figures are concatenated as much as produce the trended worth index from a place to begin of 100% within the base month.
