Best car insurance companies in the UK
Best car insurance companies in the UK: The best car insurance companies in the UK for 2024 are known for their strong customer service, competitive premiums, and valuable benefits.
How to pick the top auto insurance company
Finding the greatest auto insurance offer is more crucial than ever because premiums for auto insurance are greater than they were a year ago.
We polled over 2,700 clients who had recently filed insurance claims to see how they felt their providers handled them in order to determine which ones were the best. Our specialists examined certain policies as well.
Which are the best UK auto insurance companies?
We examined 28 auto insurance companies, looking at the coverage included in each policy and reviewing client comments. View our findings in the tables that follow.
Just two companies met our requirements for our Which? Recommended Provider (WRP) designation, providing both the excellent quality of service and adequate amounts of insurance.
NFU Mutual auto insurance
4th place out of 61 plans we reviewed, with a policy score of 76% on its regular auto insurance policy
Out of the 27 insurers we obtained customer scores for, 81% had the highest ranking.
Out of the 25 insurers we obtained claims scores for, 84% had the highest score.
We like that NFU Mutual offers free administrative costs and interest-free monthly payments, and that normal automobile legal protection is provided. Which has been NFU Mutual? Recommendation Source ever since we began our program over ten years ago.
We dislike: You have to phone for a quotation, and if you reside in a big city, NFU Mutual might not be able to provide coverage because it prioritises consumers in rural regions.
LV auto insurance
With a typical auto insurance policy score of 78%, it ranks third out of 61 plans that we assessed.
Out of the 25 insurers we obtained customer scores for, 70% earned the second-best score.
2nd out of 25 insurers for whom we have claims scores, with a 74% customer score
We enjoy: A third or so of policies provide a temporary replacement automobile in the event that your vehicle is stolen, but LV is one of the few that guarantees repairs for the life of the vehicle. In addition, it provides protection against an infinite number of claims for no-claims discounts.
What we dislike: After an accident, a new vehicle is not provided free of cost; instead, there is an extra charge. You might not, however, require a new vehicle.
Why does auto insurance cost so much?
The Association of British Insurers (ABI) has released new statistics showing that the average premium for private automobile insurance reached a record high of £622 (April – June).
Compared to the average premium from January to March, that is a minor decrease of 2%. But when compared to the same time in 2023, it’s 21% higher.
The ABI ascribes this increase to growing prices for replacement vehicles, inflationary pressures, and greater auto repair expenses.
According to ABI statistics, insurers paid out £2.9 billion for auto insurance claims in the second quarter of 2024—an increase of 18% over the £2.5 billion paid in the same period the previous year.
Are the top auto insurance companies generally the priciest?
The service standards and coverage levels of various firms and plans vary significantly, according to our study. This does not, however, imply that you will have to pay a premium for quality coverage or that a high cost indicates that you are receiving the finest.
Insurance companies determine your specific rate based on their assessment of your risk. Even the lowest offers from one insurer are probably going to cost more than those from other providers, who may also offer far superior coverage, if that insurer thinks you’re a danger or just doesn’t want to fight for your business.
How do we choose which? Suggested Vendors
Based on policy studies and user surveys, we rate the providers. Who are the highest scorers? Recommended Providers (WRPs) if they:
- are governed by regulations from the Financial Conduct Authority (FCA).
- are accessible to the general public
- have had at least thirty consumers respond to our survey
- Receive excellent ratings in our poll on customer satisfaction.
- Reach an average policy score or above.
In the event that a provider’s claims score is lower than average, we will not grant our WRP endorsement.
Last but not least, the following levels of coverage must be offered by all Best Buy insurance, either as standard or as an option:
A minimum three-year repair guarantee, coverage for damage to your windows or windscreen, legal expenses, liability coverage of at least £20 million, and personal accident insurance are all included in “comprehensive” cover, which also includes coverage against third-party claims, fire, theft, and accidental damage to your car.
Best car insurance companies
The best car insurance companies in the UK for 2024 are known for their strong customer service, competitive premiums, and valuable benefits. Here are some top picks:
NFU Mutual – Highly rated for its excellent customer service, claims process, and local call centers, NFU Mutual is often a favorite among drivers, with many renewing their policies annually
LV= (Liverpool Victoria) – Known for affordable premiums, multi-car policies, and an “uninsured driver promise,” LV= is a popular choice
Direct Line – Offers a range of policies and unique benefits like vandalism cover and comprehensive motor legal cover. It stands out because it’s not listed on comparison sites, so you’ll need to go directly to their website for quotes
Saga – Tailored for drivers over 50, Saga offers benefits like three-year fixed premiums, discounts for additional cars, and unlimited European driving cover on some policies.
Admiral – A great option for multi-car policies, Admiral allows you to insure multiple vehicles with separate no-claims bonuses, making it a cost-effective option for families.
Other highly rated insurers include M&S Bank, Tesco Bank, and Sheilas’ Wheels, all praised for their comprehensive cover and customer satisfaction
These insurers offer a variety of cover levels and perks, so it’s worth comparing policies to find one that suits your specific needs.