Motor Insurance Premiums 2024. The ministry of road transport and highways (morth) has issued a proposal on motor third party premium and liability rules for. London, january 16, 2024 — comprehensive car insurance premiums have increased sharply by 58% (£366) during the last 12 months, with uk motorists now paying £995 on.

Car insurance premiums are up by by 14.6% in 2024 compared with 2023, with no repite in sight. Here’s why it’s happening, and what you can do about it to save.