Oldham one of the most expensive places to insure a car outside London
Date published: 19 February 2020
Oldham has come eighth, in a poll of most expensive car insurance
The latest data has revealed that Oldham is one of the most expensive places to insure a car in the UK, outside of London - featuring in the top 10 in a new study.
The average premium in Oldham last year was £1,048.08 a year. That's £578.22 more than the cheapest place of Caradon in Cornwall, where insurance premiums were just £469.86.
The research from CompareTheMarket shows Manchester comes in top as the most expensive place outside of London to insure your car, with the average premium priced at £1,260.24.
The only non-southern authority to fall into the top 10 cheapest is in the Scottish borders.
These are the other most expensive council areas for car insurance in the UK and their annual premiums:
- Manchester - £1,260.24
- Birmingham - £1,173.50
- Luton - £1,165.91
- Blackburn with Darwen - £1,108.65
- Bradford - £1,091.96
- Sandwell - £1,060.72
- Slough - £1,048.40
- Oldham - £1,048.08
- Liverpool - £1,044.99
- Leicester - £1,036.79
The most expensive time in your life for car insurance is aged between 17 and 20 when you can expect to pay an annual average of £1,464.75.
Good news for those aged between 65 and 79 though, that's the cheapest time in your life to pay. The annual average is £330.48.
CompareTheMarket analysed car permium data from every local authority across the UK and collated it using average car insurance prices and cheapest car insurance prices by three variables: age, local authority and vehicle value.
The research comes as part of their latest campaign, Premium Drivers. They've created a new tool which enables you to enter your age, car model and current premium to see how you compare with others in your area and across the country.
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