Pearson Ham Group today unveiled its new Van Insurance Price Tracker, a daily, market-wide view of competitively quoted van insurance prices across the UK.
The first publication from the tracker, presented at a webinar today, shows that the average of the top-five quoted premiums continued to fall over the summer, down -3.3% across the last quarter (June to August), -7.7% over the past six months, and now more than -20% lower than a year ago.
While the market headline has eased steadily since mid-2024, the tracker highlights increasing divergence beneath the surface. Some major providers cut rates by up to -14% in the last quarter, while others increased prices by as much as 9%.
Regionally, London recorded the largest annual reductions at around -21%, and by age, year-on-year falls range from -17% to -23%. , with the sharpest declines among younger drivers. Younger drivers saw the biggest annual price drops, with older drivers seeing the smallest.
Across annual mileage bands, price movements have been strikingly consistent with year-on-year changes range from −19% to −21%, indicating a broad-based reduction irrespective of expected distance driven. By vehicle usage, reductions range from −17% to −21%, with smaller cuts observed for haulage risks, a comparatively small segment of the market.
Stephen Kennedy, Director at Pearson Ham Group, said:
“A year of sustained easing has reshaped the competitive landscape in van insurance. Our new tracker shows prices have fallen month after month since June 2024, but the picture is far from uniform; some carriers are still pushing hard on rate, others are consolidating. That dive