The cost of car insurance in the East of England has increased +£14 over the past three months – the first increase in prices in the region in a year.
The increase, which is the equivalent of a +2% rise on last quarter’s cost, takes the average premium in the East of England to £652.
It is therefore expected that more and more car owners will be shopping around on comparison websites to find car insurance quotes at a more affordable price.
This increase suggests prices in the region have taken a U-turn following a period of falling prices. Although this is still -£61 (-9%) cheaper than 12 months ago, despite the increases seen this quarter (Q3 2018).
To help motorists in the region see how these increases have impacted their own premiums, Confused.com has created a car insurance calculator. The tool allows users to input their region, age and gender to find out the average cost of premiums for their demographic, compared to 12 months ago. To ensure you get the best policy, you must get a tailored car insurance quote otherwise you’ll be paying twice as much.
And it seems some motorists in the East of England are bearing the brunt of sky-high prices more than others. In fact, Southend is the most expensive postcode area in the region, paying £761 on average.
