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High insurance premium due to vandalism

Uzzler · 2016-03-15 15:07:11

My car was 'keyed' twice within a month, both instances reported to the police but no one caught My insurance company waived the excess in both claims I didn't have to pay a penny as it was a police matter but now my insurance is due for renewal my premium has over trebled!! Why am I being penalised for something that was…

Comments

AdrianC Posts: 42,189 Forumite

16 March 2016 at 11:18PM

gilbert_and_sullivan wrote: »

despite the government stealing ever more of the premium in tax grab

IPT was introduced in 1993 at 6%. It was raised last summer to 9.5%, now today to 10%.

So, for a £500 premium, the extra tax is... £20. Of that, today's change is... £2.50.

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