Comprehensive car premiums dropped 12.5% in 2013

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Research finds average third party, fire and theft cover down 7.5% in 12 months.

The latest Confused.com Car Insurance Price Index, in association with Towers Watson, has put the average cost of comprehensive car insurance in Q4 2013 at £644, a price drop of 12.5% year on year.

According to the researchers, the total fall since the all-time high in Q2 2011 now stands at £214 per policy.

For third party fire and theft cover only, average premiums for Q4 2013 came in at £1053, showing a year-on-year decrease of 7.5%.

Lower rate
Overall market prices continued to fall in the

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