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over 40% increase

in my van insurance from last year with no claims are they seriouse.the broker said its because of the floods the insurance comps are trying to recoup well i cant believe it anyone else noticed increases aswell

Comments

  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you aren't happy, take your business elsewhere
  • dunstonh
    dunstonh Posts: 120,179 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Not surprised to see van insurance increase. If you are in an area that has suffered floods that wont help but also during a recession thefts increase and vans are a significant target. Its possible that the insurer dont want your business much and are pricing themselves out of the reckoning.

    As glider says, you are free to shop around.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • oneeye1
    oneeye1 Posts: 231 Forumite
    spent hours shopping about and most prices are around same dont live in a flood area but cost has risen over 40% and so far its one of the cheapest find that hard to accept and its with an insurer mostare recomending
  • I bet fraud rises massively in traders having stuff nicked from vans too
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