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Car insurance - whats going on???

My circumstances have not changed at all other than I am one year older and have an extra no claims bonus year (6 years now in total(. Can anyone therefore explain why my car insurance quotes are over £100 more than last years?

I've been through all the comparison site, and aviva and direct line but they are all giving me ridiculous prices!

Comments

  • bouncydog1
    bouncydog1 Posts: 2,696 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi Sarah - loads of threads on this recently which explain all the reasons why - all you can do is try and shop around as this has pretty much affected everyone.
  • adamc260
    adamc260 Posts: 2,055 Forumite
    Fraudulent claims

    Losing your new customer discount

    Lots of bad drivers on the road making a lot of claims

    Lots of whiplash claims

    Just a few reasons why insurance has gone up
  • ChinUp_2
    ChinUp_2 Posts: 97 Forumite
    I'm with Direct Line and mine is also £100 more than last years. I plan to shop around as Direct Line said that they couldn't improve on their price.
  • dunstonh
    dunstonh Posts: 118,221 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    adamc260 wrote: »
    Fraudulent claims

    Losing your new customer discount

    Lots of bad drivers on the road making a lot of claims

    Lots of whiplash claims

    Just a few reasons why insurance has gone up

    Two more bigger ones....

    no real investment returns since 2007. So unable to cross subsidise premiums to the levels they were before.

    increased solvency requirements coming up as well as the need to rebuild their assets and reduce debts. (global recession doenst just hit individuals).
    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.
  • Chris Knott insurance. They will beat any quote and thats a guarantee, but you must have at least one year NCB. Google them CK insurance. But be honest with them about quotes you have had as the insurance is dependant on you providing a written quote.
  • Quote
    Quote Posts: 8,042 Forumite
    £100 is only £2 a week.
  • mikey72
    mikey72 Posts: 14,680 Forumite
    Quote wrote: »
    £100 is only £2 a week.

    Go on then, send me £2 a week.:)
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