fromLondon Business News | Londonlovesbusiness.com
5 days agoFairer pricing, fewer options: The changing shape of monthly car insurance payments - London Business News | Londonlovesbusiness.com
The latest Consumer Intelligence MarketView data shows the average cost of credit on monthly motor insurance payments fell from 10.6% in August 2024 to 9.7% in August 2025, continuing a year-on-year downward trend. Almost half of all active insurers reduced their instalment costs during this period. This fall reflects a wider shift in market behaviour. Several providers have withdrawn or adapted their instalment models, contributing to lower overall averages.
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