UK drivers given new warning as ‘charge is now | Tech News
The typical motor premium during the primary quarter of this 12 months stood at £560, representing simply £1 more than the ultimate three months of 2025, figures from the Association of British Insurers (ABI) reveal. The £560 average sum paid for motor cowl is additionally £20 decrease than during the primary quarter of 2025, the ABI acknowledged.
It revealed that of the £2.9 billion insurers settled in claims during the primary quarter of this 12 months, £1.9 billion went in direction of vehicle repairs, representing a 3% rise in contrast with the fourth quarter of 2025.
The typical unintentional harm declare climbed to £3,699, rising by 8% in contrast with the previous quarter. The ABI famous that elevated components costs and growing vehicle complexity have pushed up restore bills.
Lengthening restore instances, together with these linked to provide chain disruption, have additionally added to restore prices, with prolonged restore durations sometimes affecting bills such as vehicle rent, the affiliation famous.
Chris Bose, director of normal insurance coverage and worldwide on the ABI, mentioned: “It’s encouraging to see motor insurance premiums have remained stable in the first three months of this year, underlining the industry’s efforts to tackle costs.
“However, the sustained high prices of repairs proceed to be a concern. Working with our members and Government, we’ll keep momentum to drive ahead the work of the Motor Insurance Taskforce to help motorists.”
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