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Car insurance renewal quote up 65%

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Comments

  • CSI_Yorkshire
    CSI_Yorkshire Posts: 1,792 Forumite
    1,000 Posts Photogenic Name Dropper
    nyermen said:
    Have to wonder, with some people seeing much higher rises than others, if the risk profiles have changed significantly (eg. certain models etc).

    For example, mine went up from £550 to £700 in May this year (best broker could find).  Thats a low end 5 year old Audi Q3, max NCD (15y+), and I think my broker upped the excess too.
    Whats that?  27% increase I think?
    Someone suggested recently that Land Rover (I think) had been mentioned in the industry.
  • After reading so many of these threads I ran a dummy quote for my current car. Still looking at around the £300 mark for a Ford c-max. 

    I do have a non fault accident drop off from last years quote 
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • dunstonh
    dunstonh Posts: 119,932 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    nyermen said:
    Have to wonder, with some people seeing much higher rises than others, if the risk profiles have changed significantly (eg. certain models etc).

    For example, mine went up from £550 to £700 in May this year (best broker could find).  Thats a low end 5 year old Audi Q3, max NCD (15y+), and I think my broker upped the excess too.
    Whats that?  27% increase I think?
    Someone suggested recently that Land Rover (I think) had been mentioned in the industry.
    My Landrover saw its premium reduce this year to £248.        I believe the more significant increases are on cars with  keyless entry and in town/city locations where thefts are more common.   That hits certain landrovers and other brands harder.
    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.
  • Mine has gone up from £218 to £544. I know I had a claim but I had bonus protected.
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