The increase in car insurance premiums has slowed down in the past year and even went into reverse in the past six months, according to a new analysis from insurance research experts Consumer Intelligence.
Across the country, the average most competitive premiums rose by 7.5% in the year to February, to £740, but have dropped by 3.4% since they peaked in September last year.
In fact, the data shows that prices have fallen for five consecutive months -- the longest decrease ever recorded by Consumer Intelligence.
Over-50s drivers have seen the biggest increases in premiums, at 9.7%, they still pay average prices of just £404 a year compared with £1,612 for under-25s.
Motorists in London pay the highest premiums -- an average of £1,041, which is nearly double the lowest at £557 in Wales.
Progress on government plans to limit whiplash claims and confirmation of the new discount or Ogden rate, which sets pay-outs for major personal injury claims, of between 0% and 1% should help limit increases, the research firm said.
John Blevins, pricing expert at Consumer Intelligence, commented: "The drop in premiums since September is generally linked to insurers becoming more competitive in order to meet year-end goals.
"Average premiums are still 28.6% higher than in October 2013 when our records began but with progress on whiplash reforms and the Ogden rate, this year should be more positive for motorists.
"The big driver for car insurance, however, is claims experience and costs with the biggest impact being felt in major urban areas where crime rates are higher."
Did your premium go up (or down) by much this year?