comparethemarket.com

picture of a hand holding the words petrol price and a red arrow pointing up

ONE IN FOUR MOTORISTS STRUGGLED WITH THE COST OF DRIVING IN THE PAST MONTH

  • More than eight in ten drivers (84%) are worried about higher petrol and diesel prices
  • 31% of drivers think they will need to take on additional debt to afford to keep driving
  • The annual cost of driving a petrol-fuelled car has risen by £313 year-on-year to £1,843
  • Drivers could save an average of £118 by shopping around for cheaper car insurance
  • ...
picture of couple looking at household bills

MOTOR PREMIUMS RISE BY £68 YEAR-ON-YEAR

  • Cost of car insurance has increased by an average of £68 year-on-year in Q1 to £688 – the highest average price for a three-month period since Q4 2020
  • Rising cost of car insurance is a ripple effect of higher inflation and an increase in road traffic
  • Cheapest premium typically available has risen to £568 – so drivers could save an average of £120 by switching to a
  • ...
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