Car insurance costs fall 'significantly' by £217 despite young drivers still facing huge bills

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GB News

Car insurance costs fall 'significantly' by £217 despite young drivers still facing huge bills

Motorists across the UK have been handed a lifeline after research found they are paying far less for car insurance than two years ago, with average premiums falling by £217. New data from Compare the Market found that the typical cost of car insurance has dropped from £810 in June 2024 to £593 in June 2026. This marks a fall of 26 per cent over two years, with prices also lower than last June, when the average pre…