Car engine insurance cost

According to the Association of British Insurers (ABI), the average cost of comprehensive car insurance in the UK is ꍁ9 a year. This figure relates to the second quarter of 2022 and is based on the price paid for insurance, rather than premiums quoted to drivers.

Richard advises keeping the engine size low, for example 1200cc or less, to keep the insurance and tax costs down. Age – brand new cars are often unaffordable for first time car buyers so if you're buying a second hand car, make sure you check the mileage.