Here is a carefully selected list of car insurance for your comparison.
Click on the banner, Get a free quote and Save your money today:-
Note: There is no limit on the number of quotes you can get from the following list.
Motor Vehicle Insurance in UK
In 2012, total net premiums (written premium less reinsurance premiums paid by the insurer) for motor vehicle insurance amounted to £11.556 billion, a decrease of £483 million or 4.01% compares to £12.039 billion in 2011.
claims paid for motor vehcile insurance is £9.249 billion in 2012, a decrease of £314 million or 3.28% of compares to £9.563 billion in 2011.
Whereas commission and expenses on the motor insurance written premium amounted to £2.599 billion in 2012, an increase £298 million or 12.95% of compares to £2.301 billion in 2011.
There were 23.3 million private cars, 0.6 million motorcycles and 3.7 million commercial vehicles insured in 2012.
2.9 million claims notified for private cars for which insurers paid out an average of £19.1 million in claims every day and costing a total of £7 billion.
The underwriting loss to the motor insurance industry was £286 million, an improvement compares to £353 million loss a year ago and £1.783 billion in 2010. The industry has not made an underwriting profit since 1994.
Get the insurance deals of your choice and enjoy the protections and benefits today!
The issuer may STOP the offers and promotions without notice. Grab the offers of your choice while it last.
Here is a carefully selected list of car insurance for your comparison.
Click on the banner, Get a free quote and Save your money today:-
Note: There is no limit on the number of quotes you can get from the following list.
In 2011, total net premiums (written premium less reinsurance premiums paid by the insurer) for motor vehicle insurance amounted to £12.039 billion, an increase of £1.112 billion or 10.18% compares to £10.927 billion in 2010.
claims paid for motor vehcile insurance is £9.563 billion in 2011, a decrease of £840 million or 8.07% of compares to £10.403 billion in 2010.
Whereas commission and expenses on the motor insurance written premium amounted to £2.301 billion in 2011, an increase £316 million or 15.92% of compares to £1.985 billion in 2010.
23.8 million private vehicles and 4.6 million commercial vehicles were insured in 2011.
3.2 million claims for private vehicles were notified in 2011 resulting in payments to customers of £19.4 million each day and costing a total of £7.1 billion.
792,000 claims for commercial vehicles were made in 2011, resulting in payments to customers of £2.2 billion.
In 2010, total net premiums (written premium less reinsurance premiums paid by the insurer) for motor vehicle insurance amounted to £10.927 billion, an increase of £858 million or 8.52% compares to £10.069 billion in 2009.
claims paid for motor vehcile insurance is £10.403 billion in 2010, an increase of £883 million or 9.28% of compares to £9.520 billion in 2009. This is inline with the increase of 8.52% in premium received in 2010.
Whereas commission and expenses on the motor insurance written premium amounted to £1.985 billion in 2010, a decrease £295 million or 12.94% of compares to £2.280 billion in 2009, despite the increase in written premium amount.
In 2009, total net premiums (written premium less reinsurance premiums paid by the insurer) for motor vehicle insurance amounted to £10.069 billion, a decrease of £762 million or 7.04% compares to £10.831 billion in 2008.
claims paid for motor vehcile insurance is £9.520 billion in 2009, an increase of £782 million or 8.95% of compares to £8.738 billion in 2008. Even though premium received has reduced by 7.04%, the claims paid has continue to by 8.95%.
Whereas commission and expenses on the motor insurance written premium amounted to £2.280 billion in 2009, a decrease £287 million or 11.18% of compares to £2.567 billion in 2008. This is inline with the decrease in written premium amount.
Safe and secure online application with SSL encryption technology