If you’ve had to renew your car insurance recently, the likelihood is it’s become more expensive. The average comprehensive car insurance premium cost £635 in the first quarter of 2024, according to the Association of British Insurers (ABI), with factors such as hi-tech cars being more costly to fix and an increase in older drivers being among the reasons behind the rises. But there are a large number of factors that make up a car insurance quote, with the price depending on how likely your car insurer thinks you will claim. Everything from your driving record, vehicle type and your location can feed into this figure. Here, Telegraph Money sets out everything that affects the cost of car insurance premiums, and what you should consider when buying a policy. Factors that determine car insurance cost Understanding car insurance premiums Tips to save on car insurance Additional factors to consider How to navigate the car insurance market FAQs about car insurance pricing Car insurers consider multiple risk factors when calculating your premium and, essentially, how “risky” you are. Some of these, like your age, are outside your control, while others – like vehicle type and model – could be worth considering...