The cost of living in the UK is still very high especially for many people who have mortgages. So anything that you can do to lower your household expenditure has got to be worth exploring. For instance, when you receive your motorhome insurance renewal notice, why not make some enquiries to see if you can save some money even it means having to move to a different insurance company.

You may be interested to read that over the last year the average cost of car insurance has actually reduced. Yes, we say “car insurance” but you may also find that the average cost of insuring a motorhome has also reduced.

Every quarter, Confused.com that is a price comparison website, publishes its car insurance price index. The one published a few days ago covering the last quarter of 2024 showed that car insurance premiums have fallen to an average of £834 per annum. That is a fall of £161 per annum when compared with a year ago. That equates to a reduction of 16% – a significant percentage. Even in the last 3 months premiums have come down by an average of £27 per annum equating to a fall of 3%.

The above index also mentioned that if motorists were to shop around when he or she receives their car insurance renewal notice they might save an average of £71 per annum. That is a sizeable amount.

The above index also revealed the significant different age makes to the cost of insuring a car. For instance, if you are 18 years of age, the average premium is £2,605 per annum although this is an average of £557 per annum when compared with 12 months ago. A 23 year old is charged an average of £1,566 per annum and a 45 year old an average of £799 per annum. One of the reasons why younger drivers pay more, on average, to insure their cars is because they are inexperienced drivers and more likely to be involved in a road traffic accident.

You may be interested to read that we provide access to a panel of reputable motorhome insurance companies so why not get in contact with us to get a quotation.