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The average car cover premium rose to £695 in 2010, according to research from price comparison service Confused.com.
The report showed an increase of nearly £200 for most drivers' premiums. With fuel and living costs on the rise in 2011, it appears insurance premiums are heading in the same direction.
On the up: Premiums had soared by 38.2% by the end of 2010
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The drivers worst hit in 2010 were those aged between 51-55 who saw the highest increase in comprehensive insurance premiums, up by 43.2%.
The cost of adding a driver (who is not your spouse) to your policy also became more expensive. It is cheaper for women to add another driver to their policy, at around £133 less than men.
The steepest premium increase based on location was seen by residents of Manchester, hitting almost 50% over the course of the year. This brought the average cost of comprehensive cover from around £490 to a massive £970.
The cost of insurance for young drivers, who have struggled to get on the road at all as prices have risen, saw a lower increase. But prices for 17-20 year-olds still rose an average 38.4%.
It pushes the cost for comprehensive cover for this age group to £2,151 - more than the cost of many first cars.
Read more: http://www.opoole.com
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