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Car Insurance gone up

Hi, I'm due for a renewal for my car insurance next month.
For the past few years Ive always got a better deal by searching the comparison sites.
However this year it has increased by £30-£40. If anything I would have expected a greater discount as I have now got a clean licence.
To be fair I dont pay alot anyway(£189 last year/£236 for the quote this year) but just wondering if anyone could shed any light to why it has gone up.

Comments

  • iamana1ias
    iamana1ias Posts: 3,777 Forumite
    shandy1 wrote: »
    Hi, I'm due for a renewal for my car insurance next month.
    For the past few years Ive always got a better deal by searching the comparison sites.
    However this year it has increased by £30-£40. If anything I would have expected a greater discount as I have now got a clean licence.
    To be fair I dont pay alot anyway(£189 last year/£236 for the quote this year) but just wondering if anyone could shed any light to why it has gone up.

    In short, insurers' costs have rocketed (due to claims etc) and so everyone's policy costs are increasing.

    But I'd recommend reading this part of the forum a little deeper as this question has been answered in depth, repeatedly several times in the last few months.
    I was born too late, into a world that doesn't care
    Oh I wish I was a punk rocker with flowers in my hair
  • mikey72
    mikey72 Posts: 14,680 Forumite
    Record profits, increased dividend payment, staff bonuses.
    https://forums.moneysavingexpert.com/discussion/2706419

    Shop around, use comparison sites, then a cashback site for the best deal.
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