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SNP urges Labour government to ‘get a grip on the costs’ of motor insurance

By 2024-10-17T11:00:00

squeezed costs pound in a vice

’Inflation might be easing, but the crippling costs of car insurance are only getting worse,’ says party’s economy spokesperson

The Scottish National Party (SNP) has urged the UK’s Labour government and chancellor Rachel Reeves to “get a grip on the costs of UK car insurance” at the upcoming budget.

In an SNP commissioned analysis, which was carried out by the House of Commons Library, findings revealed that, between May 2021 and July 2024, average UK car insurance premiums rose by 82% – it only rose by 19% in neighbouring EU countries over the same period. 

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