Car Insurance Hike

Treeman3

Hi,

Just renewed my car ins. over 10 yrs no claims and it went up by 30% this yr. Any one experienced similar recently?

Thanks in advance.

Treeman3

rev_henry

Yes, its happening to everyone due to an increase in fraudulent 'crash for cash' scams, Personal Injury claims and a rise in Accident Management companies charging a fortune.

Have you been through the comparison sites to see if its cheaper with another company? If so, call your current insurer up and threaten to leave. They'll often match the price with another company, and it makes it easier for you as you don't need to mess about changing companies.

skiddlydiddly

Mine actually went down and when I put a sportier car(RX8) than my daily driver into comparethemarket yesterday it actually came out even cheaper than my oil burner which I inured a month or so ago.

mark5

The wifes insurance went up, online quotes suggest mines about to go up!

Treeman3

rev_henry wrote: »

Yes, its happening to everyone due to an increase in fraudulent 'crash for cash' scams, Personal Injury claims and a rise in Accident Management companies charging a fortune.

Have you been through the comparison sites to see if its cheaper with another company? If so, call your current insurer up and threaten to leave. They'll often match the price with another company, and it makes it easier for you as you don't need to mess about changing companies.

Yeah I did the comparisons and a 30% increase was the best of 3 different sites. My insurer from last year wanted 110% more this year! I didint think they even deserved my business to be honest. Thanks rev_henry

Quinny_2

Mines gone up despite maximum no claims. My current company want £597 inc breakdown, legal and protected no claims, and I did 1 search last week and like for like got a quote for £344.

I will still be searching though as my policy isn't due until the 14th.