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Motorhome owners probably also own a car that he or she uses on a daily basis here in the UK. It will concern you to read that the average cost of insuring a car rose significantly last year according to the Confused.com Car Insurance Price Index and it is quite possible that the amount you pay for your motorhome cover has also gone up.
Here in the UK, the average premium to insure a car in the last quarter of 2022 was £629 per annum. That is £43 per annum more than in the previous quarter of last year and is £100 per annum more than a year ago.
It is well publicised that the UK economy is going through a difficult period and is likely to continue to do so for quite some time to come.
The above index reveals that younger motorists on average pay an awful lot more to insure their cars than an experienced driver. For instance an 18 year old paid an average of £1,715 per annum whereas a 30 year old paid an average of £851 per annum. As you can see, that is a huge difference and something the young motorist could well do without in the current economic climate. In fact a 65 year old paid an average of £385 per annum at the end of quarter 2 of 2022.
Where you live affects how much you will be charged to insure your car. For instance, the most expensive region in the UK was Inner London with car insurance premiums averaging £1,008 per annum.
If your existing motorhome cover is shortly coming up for renewal why not take the opportunity to see if you can get the same cover with another provider for a lower premium. All you need to do is give us a call and we will make some enquiries on your behalf.