How big is the United Kingdom Car Insurance Market?

October 2023: ARAG SE agreed to supply vehicle hire insurance for Hastings Direct. The vehicle hire insurance policy will be offered to over a million Hastings Direct motor insurance customers as an optional add-on to their primary motor policy.
December 2022: Covea Insurance and BGL Insurance (BGLi) partnered and introduced a new car insurance brand in the United Kingdom called Nutshell. This new proposition will deliver significant benefits for vehicle users.

The United Kingdom Car Insurance Market size is expected to reach USD 20.74 billion in 2024 and grow at a CAGR of 5.52% to reach USD 27.52 billion by 2029. Read More

What is the current United Kingdom Car Insurance Market size?

In 2024, the United Kingdom Car Insurance Market size is expected to reach USD 20.74 billion. Read More

Who are the key players in United Kingdom Car Insurance Market?

Admiral Group, Direct Line Group, Aviva, Hastings and Axa are the major companies operating in the United Kingdom Car Insurance Market. Read More

What years does this United Kingdom Car Insurance Market cover, and what was the market size in 2023?

In 2023, the United Kingdom Car Insurance Market size was estimated at USD 19.60 billion. The report covers the United Kingdom Car Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Car Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

United Kingdom Car Insurance Companies

This report lists the top United Kingdom Car Insurance companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the United Kingdom Car Insurance industry.