It should be noted that the data for the figures mentioned come from “…6 million insurance quotes per quarter…”.

But the article also says “…UK drivers are now paying an average of £995”.

Note that six million QUOTES is not the same as six million PREMIUMS PAID,
it may well be that NONE of the “…six million quotes…” were taken up, but
followed by six million enquirers going somewhere else. Remember that not
all insurers are on the price comparison websites.

And also note the unexplained sentence in the article that says “Car insurance costs fall 14 per cent”.

Something is seriously wrong with the article. Was it written by an
ArtStudent for ArtStudents?

Someone seems to be very confused…

Article:

The latest info from the Confused.com insurance price index reveals that
UK drivers are now paying an average of £995 for cover, a whopping 58 per
cent rise compared to 12 months ago.

Young drivers have been hit hardest, with 17-20 year olds facing increases
that often surpass £1,000 per year, and 18 year olds typically now having
to pay out more than £3,000 for their annual cover.

The current prices are unsurprisingly the highest on record in the UK, but
at least the rate of rises - which many drivers feel are extortionate - may
be beginning to ease. The Confused.com index, which is based on more than 6 million insurance quotes per quarter, shows that prices rose by 18 percent
in spring 2023, 19 percent in the summer, but ‘only’ 8 percent in the last three months of the year.

Car insurance costs fall 14 per cent

Car insurance at record high as average premium reaches £924

As well as differences for age groups, rises for quotes can vary by region, too. The average Northern Ireland premium is now £1,051, while a 64 percent rise for Central Scotland means premiums have doubled in two years to an average of £897.

Drivers in London are hit hardest, as usual though, with those in inner
London facing £1,607 average premiums and outer-Londoners paying £1,291.

According to Confused.com, the rises are down to inflationary pressures on
the cost of claims for accident repairs and vehicle replacements, as
insurers are forced to pay out more for garage repairs and spare parts, and more technically advanced cars cost more to replace.

“Like a lot of our expenses, car insurance is getting more costly. And this is likely to be the case for some time. Claiming is one of the biggest
factors when it comes to insurers pricing up policies. And with the cost of paying out for claims being considerably high, insurance prices are going
to be too,” says Louise Thomas, motoring expert at Confused.com.

There are, of course, things motorists can do to cut the cost of their insurance premiums. Shopping around is essential in the current market
where renewal quotes from insurers can be very high. Remember that not all insurers are on the price comparison websites, too.

Beyond that, do what you can to improve your car security by fitting an approved alarm or parking in a safer place overnight. You can also reduce
the number of miles you drive to lower your risk level and consider
increasing the excess on your insurance policy to get the cost down. It’s vital that you are always accurate and truthful with the information you provide to your insurer though because you could end up invalidating your policy.

<https://www.autoexpress.co.uk/car-insurance/362038/average-cost-uk-car-insurance-nudges-ps1000-58-increase-12-months>

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