The cost of car insurance in London has reached its highest level ever, making the capital the most expensive region in the country in terms of insurance premiums.

Confused.com’s latest car insurance price index shows that Londoners pay an average of £1,607 to insure their vehicle.

The rise comes as inflation pushes up the cost of car repairs and claims across the UK. Some of the country’s biggest insurers have warned that 2023 will be one of the toughest years in decades as profits collapse at companies such as Admiral and Direct Line.

However, London continues to top the closely watched indices. Premiums in the capital are now higher than elsewhere.

This is due to higher rates of damage and vehicle crime, higher repair costs in workshops and the higher value of residents’ cars.

More congestion also increases the likelihood of minor and serious car accidents. TomTom’s latest traffic index found that London is the slowest city in the world to drive through, taking an average of more than 36 minutes and 2 seconds to travel 10 kilometers.

Who pays the most?

Drivers in West London have to pay the highest premiums: they currently average a whopping £1,936, having risen by £703 or 57 percent compared to last year.

Fees in Inner London have also risen by £599, or 59 percent, over the past twelve months. In Outer London, prices are slightly lower at £1,291, but still up 60 percent.

Drivers in Kingston-upon-Thames are hit particularly hard, with drivers paying an average of £934, the lowest fare of all London drivers.

Inner London

Outer London