What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
Why has my car insurance premium suddenly increased?
My reputable insurance company recently increased my premium by 11 per cent, without explanation, to £744 with a £350 excess. I have a clean licence and 60 per cent NCD so I approached an equally reputable insurer and was quoted £379 with a £250 excess. Needless to say I have made the change, but what on earth is going on?
Asked on 17 November 2012 by AJ, Nottingham
Answered by
Honest John
They were not as “highly reputable” as you thought. Brokers are grabbing increased commission and, instead of settling for 10 per cent, they are snatching whatever they can. Most price comparison sites are actually brokers.
Tags:
insurance
We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.
Insurance group finder and how to save on insuranceSimilar questions
Which would be the best used car for under £2k for a young driver to insure? I've looked at some 1.0L engines but some are over £3k for insurance and some are under £2k. Does it not just go on the engine...
We are taking delivery of a brand new VW campervan and planning on taking it to Europe in September.
The VW warranty provides breakdown cover in Europe for 3 years but I don't believe it extends to repatriation...
I damaged my 2018 Mercedes-Benz A-Class and unfortunately I had to initiate an insurance claim via my insurer. I was keen to get the car repaired at the local main dealer but my insurer said this would...
.jpg)
