Average van insurance premiums fell by 8.9% in the year to the end of November, according to data from the latest Consumer Intelligence van insurance price index. Those aged under 25 saw premiums fall by 9.5% during the year, while those aged between 25 and 49 saw a drop of 9.3%. Drivers over 50 experienced a fall of 6.8% in quoted premiums.

Laura Vas, senior insight analyst at Consumer Intelligence, said: “The deflationary trend has accelerated through Q4 2025, with premiums down significantly from earlier in the year. Market competition is intensifying as insurers adjust portfolios and manage claims costs. Consumer accessibility has improved materially, with over half of van drivers now able to source quotes below £750 – a meaningful improvement from a year ago.”

“That is most noticeable among drivers aged 25 to 49 and younger drivers, where competitive offerings have proliferated. Leading intermediary insurer groups have maintained aggressive pricing strategies while direct insurers continue to compete vigorously in core segments.”