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Kia Stonic - Car insurance renewal premium hike - Plantop

Hi all ,just had my renewal quote from saga up from£219.16 to £386.68 an increase of 76.43% ! £ 167.52 more , no change from my side, anyone else feeling ripped off !

Kia Stonic - Car insurance renewal premium hike - Falkirk Bairn

My insurance went from £204 to £279.

Tried comparison sites - nothing under £300, well known / named insurers £400+.

Spoke to LV and they shaved £15 - I then changed car from 2012 CRV EX to 2023 CRV EX and they added £75 - total for year is now £339.

Direct Line £600+

Penalty for being a Senior Citizen - 57 years car ownership and no blameworthy claims (paid out of my pocket for minor sc***es etc) 5/6 claims on 3rd parties for "real damage" I was stopped in all cases apart from one.

Kia Stonic - Car insurance renewal premium hike - RT

My insurance renewal with Churchill went up 60%, from £491 to £786 (it's a group 43 car) - all the comparison sites were even more expensive - I managed to get it down to £565 by getting rid of my NCD protection, taking a voluntary excess and reducing the mileage from 11,000 to 9,000.

Kia Stonic - Car insurance renewal premium hike - gordonbennet

Wifey finally ditched Saga this year, as usual they tried it on at renewal time, 2/3rds their renewal premium was quoted by DL, Saga wouldn't get anywhere near so we've now got 3 cars and the house insured with DL...who so far haven't tried it on at renewal time.

Kia Stonic - Car insurance renewal premium hike - nellyjak

Saga did that to me many years ago...a massive hike but no explanation or reason or any flexibility whtsoever...so I voted with my feet and I'll never go back to them again.

Wifey has just had same issue with esure after being with them for several years...massive hike from around £250 to £400...no changes...a phone call produced a miserly reduction of £15...take it or leave it.

She went to Tesco and got same cover for £270..happy wife...happy life.

Kia Stonic - Car insurance renewal premium hike - daveyjp

Welcome to 2023.

Mine increased about 50% with my existing company and they were by far the cheapest. Every other insurer at least twice what I paid last year.

Kia Stonic - Car insurance renewal premium hike - Plantop

Thanks, would you be willing to share what company you use now?

Kia Stonic - Car insurance renewal premium hike - Adampr

I have just changed my insurance to Flow, which is just LV but online. Cheaper than everyone else I looked at and good levels of cover. I don't honestly remember what I paid last year, but this year's £400 felt pretty reasonable.

I imagine married middle aged chartered surveyors who live in Somerset and have off-street parking and maximum no-claims are pretty low down their risk score though.

Kia Stonic - Car insurance renewal premium hike - Plantop

Thanks for the information, l am nearly 67 but still working maybe my age is working against me!

Kia Stonic - Car insurance renewal premium hike - gordonbennet

Thanks for the information, l am nearly 67 but still working maybe my age is working against me!

Doubt it, same age as you...edit older than you..and still working (in the wrong job insurance wise), we have 3 cars albeit older, one 3.2 litre Merc, one Forester Turbo, one Landcruiser, all fully comp protected policies for roughly £700 the lot....possibly a reasonable area but certainly not affluent, cars on locked drive but they don't know how secure the premises are.

Edited by gordonbennet on 28/08/2023 at 20:02

Kia Stonic - Car insurance renewal premium hike - catsdad

I’ve just run a quote with Flow. It’s £337 compared to £253 last year with LV. I don’t have the LV renewal quote yet. I guess I can expect a rise.

I am 68.

Edited by catsdad on 28/08/2023 at 21:21

Kia Stonic - Car insurance renewal premium hike - Miniman777

I’ve just run a quote with Flow. It’s £337 compared to £253 last year with LV. I don’t have the LV renewal quote yet. I guess I can expect a rise.

I am 68.

My LV renewal was up 63%, from £544 to £884 for a six year old BMW X3 3.0d doing 11k miles annually. I’m 71 and flabbergasted. Trying to negotiate tomorrow.. DL and the Dog both wanted c£1200 which is ludicrous for someone who works part time. There’s a cheaper option with a company whose name begins with M and is a soft squashy treat often had with coffee, but was put off by some uncomplimentary online reviews.

Edited by Miniman777 on 29/08/2023 at 01:06

Kia Stonic - Car insurance renewal premium hikes - daveyjp

I'm with GA, which is the Aviva comparison sites brand.

I did get a decent quoute from Flow last year, but on reading the details they excluded driving other cars cover which is something I need.

Kia Stonic - Car insurance renewal premium hike - Miniman777

Mine has gone up 62% with LV (£544 to £886). Car is a Group 40 (BMW 3.0d), but with another company that offers manufacturer approved repairs, and with tweaks of the excess and other things, it's down to £763 - still a thumping hike.

Just be thankful you don't drive a Land/Range Rover, as some companies are no longer covering these cars because of high incidents of theft - or asking £4-5k as a premium.

Kia Stonic - Car insurance renewal premium hike - Andrew-T

With year-on-year general inflation around the 10% mark, and the high prices of used cars, I suppose sizeable rises in insurance cost are only to be expected ?

Kia Stonic - Car insurance renewal premium hike - skidpan

on reading the details they excluded driving other cars cover which is something I need.

You do realise that the cover you get is only 3rd party which could result in you getting a huge bill if you were at fault and wrote off the car you were driving.

I guess its an OK feature for emergencies but other than that get on the owners policy as a named driver. Myself and the wife need on occasions to drive her uncles car. When he had the ancient Fiesta we just relied on our "drive other cars" clause but when he got the new Celerio we decided we had better get on the policy as named drivers, a lot to loose if we were at fault in an accident. Put wife on first, the premium dropped, put me on, the premium dropped again.

Simply no need to rely on driving with 3rd party cover.

Kia Stonic - Car insurance renewal premium hike - RT

on reading the details they excluded driving other cars cover which is something I need.

You do realise that the cover you get is only 3rd party which could result in you getting a huge bill if you were at fault and wrote off the car you were driving.

I guess its an OK feature for emergencies but other than that get on the owners policy as a named driver. Myself and the wife need on occasions to drive her uncles car. When he had the ancient Fiesta we just relied on our "drive other cars" clause but when he got the new Celerio we decided we had better get on the policy as named drivers, a lot to loose if we were at fault in an accident. Put wife on first, the premium dropped, put me on, the premium dropped again.

Simply no need to rely on driving with 3rd party cover.

It simply needs prior agreement between the owner and driver using "other cars" provision

Being added to someone else's policy doesn't always reduce the premium - I'm at an age now where it would increase the premium.

Kia Stonic - Car insurance renewal premium hike - gordonbennet

Driving other peopls cars isn't the be all and end all, but it can come in handy at times.

Recently used one of daughter's cars for a few weeks, its her oldest and least valuable so if i'd smashed it up could replace it easily for around £2.5k, wouldn't be so keen to take out something really valuable on TP only cover, i wouldn't want to be named on her policy which if i had an accident in her car would affect her insurance status, rather pay for another car if the worse happened.

Driving other people's cars on your policy is something to keep an eye on, just in case it's removed when a policy is renewed, back when i was insured with NFU they no longer would insure the Hilux as a private vehicle and insured it as a commercial...which automatically removed driving other cars...had i not realised this it would have been easy to be caught without even third party cover, i double checked my own DL policy covered me for recent use.

Kia Stonic - Car insurance renewal premium hike - Andrew-T

<< Being added to someone else's policy doesn't always reduce the premium - I'm at an age now where it would increase the premium. >>

A few people I know have found that removing SWMBO as a named driver increases their premium (not by much) when the natural assumption may be the opposite ?

Kia Stonic - Car insurance renewal premium hike - skidpan

It simply needs prior agreement between the owner and driver using "other cars" provision

The driver and owner cannot decide to make the insurance comprehensive though. It can only be 3rd party unless you sort it with both your insurers and the cars insurers before driving.

Kia Stonic - Car insurance renewal premium hike - daveyjp

My requirement for DOC is purely for occasional emergency use. One of those things not used often, but has proven very useful on quite a few occasions when I've had to drive someone's vehicle.

Kia Stonic - Car insurance renewal premium hike - RT

It simply needs prior agreement between the owner and driver using "other cars" provision

The driver and owner cannot decide to make the insurance comprehensive though. It can only be 3rd party unless you sort it with both your insurers and the cars insurers before driving.

I meant it's up to the owner and driver to agree beforehand as to which of them will pay for own damage, ie limited to the value of the car concerned.

Kia Stonic - Car insurance renewal premium hike - skidpan

I meant it's up to the owner and driver to agree beforehand as to which of them will pay for own damage, ie limited to the value of the car concerned.

That would leave the parties in total disagreement and only solicitors would come out on top unless the agreement was rock solid and witnessed.

Kia Stonic - Car insurance renewal premium hike - RT

I meant it's up to the owner and driver to agree beforehand as to which of them will pay for own damage, ie limited to the value of the car concerned.

That would leave the parties in total disagreement and only solicitors would come out on top unless the agreement was rock solid and witnessed.

I can't imagine anyone letting someone else drive their car on "other cars" cover unless they know and trust them - witnessed agreement doesn't come into it.

Kia Stonic - Car insurance renewal premium hike - mhenderson

I wanted to get new quotes, as my insurance runs out soon. Despite going from a 1,5 Skoda to a 1.0 Hyundai, all the quotes are double or more, of what I paid last year. I will be 76 in a few months, and that seems another reason to whack up the premiums. I dread to think how much More Than would want.

Kia Stonic - Car insurance renewal premium hike - primus 1

I guess the money to pay the chief execs their huge salaries and bonuses has to come from somewhere…

Kia Stonic - Car insurance renewal premium hike - Engineer Andy

Apparently (takes this with a large dose of sodium chloride given that it comes from the MSM) that the insurance industry are now 'clawing back' all their 'extra costs' during the pandemic and Ukraine war-related inflationary costs.

Strange why they suddenly have to hike prices so much just now.

Kia Stonic - Car insurance renewal premium hike - RT

Apparently (takes this with a large dose of sodium chloride given that it comes from the MSM) that the insurance industry are now 'clawing back' all their 'extra costs' during the pandemic and Ukraine war-related inflationary costs.

Strange why they suddenly have to hike prices so much just now.

They had reduced costs during the pandemic as we couldn't go anywhere - a few insurers gave a rebate.

Kia Stonic - Car insurance renewal premium hike - Ethan Edwards

Yes mine went from 380 to 582. When I queried it they generously dropped it to 512. So that's a red flag right there. Been with this company 9 years, though I always do look around. Well this time I got cover for 345, less than last years.

So shop around hard!

Kia Stonic - Car insurance renewal premium hike - daveyK_UK
Managed to get £20 off the renewal quote via online chat, £20 seems to be the standard discount they can offer on renewals without much quibble.
Kia Stonic - Car insurance renewal premium hike - Oli rag

Shocked a few weeks ago when Darwin insurance told me it was going from £266 to £508! Shopped around on a comparison site and also removed my son off as he’s going to work abroad soon, then managed to get it for £293 with Aviva.

Kia Stonic - Car insurance renewal premium hike - alan1302

Apparently (takes this with a large dose of sodium chloride given that it comes from the MSM) that the insurance industry are now 'clawing back' all their 'extra costs' during the pandemic and Ukraine war-related inflationary costs.

Strange why they suddenly have to hike prices so much just now.

Not strange at all...parts and labour prices have shot up, many parts are unavailable so cars need to be loaned to customers - why would they to go up? And a lot of insurers paid back money to customers during lockdowns as their costs were lower.

Kia Stonic - Car insurance renewal premium hike - DavidGlos
Read somewhere recently that over the past year, for every £1 UK car insurers have taken in premium, they’ve paid out around £1.20, so the sort of increases we’re seeing are inevitable.

Parts shortages, rising staff and other costs, excessive hire car charges, still an element of ‘crash for cash’, more sensors and cameras on the front of cars and which have to be replaced or recalibrated after even a minor bump…. the list goes on.
Kia Stonic - Car insurance renewal premium hike - bathtub tom
more sensors and cameras on the front of cars and which have to be replaced or recalibrated after even a minor bump…. the list goes on.

I've just had my windscreen replaced, £70 excess. It was a straightforward job with none of the gubbins associated with auto lights, rain sensors, crash avoidance, adaptive cruise control etc. The fitter showed me the gear to calibrate all that stuff and told me it took a couple of hours.

I'm subsidising richer folk!

Kia Stonic - Car insurance renewal premium hike - Engineer Andy

Apparently (takes this with a large dose of sodium chloride given that it comes from the MSM) that the insurance industry are now 'clawing back' all their 'extra costs' during the pandemic and Ukraine war-related inflationary costs.

Strange why they suddenly have to hike prices so much just now.

Not strange at all...parts and labour prices have shot up, many parts are unavailable so cars need to be loaned to customers - why would they to go up? And a lot of insurers paid back money to customers during lockdowns as their costs were lower.

You can't have it both ways. I've yet to hear of any insurer 'paying back' customers in full or part, given that the lockdowns were not absolute (we could drive) or that the insurers had any clauses in their policies to refund customers in such cases if they don't use their cars as much.

The 'estimate annual mileage' is exactly that, not something by which we can claim back a percentage of our premium if we don't get anywhere near that distance driven.

Besides, if those costs were indeed lower, then their margins and thus profits would be around the same. It surely wouldn't have any bearing on what effect other inflationary pressures had, which came about well over a year ago, probably two.

Why has their cost base literally doubled as of the last couple of months, when essentially ALL other business have indured large cost base increases due to price hikes in utility bills, etc well before them?

The only thing I can think of here is that drivers' actual mileages have gone back up from a low amount last year and the one before to a more 'normal' level, and thus their insurance has gone up accordingly, as well as factoing in those cost base pressures.

It'll be interesting for me to see how this affects me, given my mileage (and thus annual estimate, well over what I've been doing, mainly because you get no discount for any estimated mileage below 5000 in my experience) has essentially stayed the same since 2018, in the range of 1000 - 2300 miles (the latter including an annual holiday trip).

Kia Stonic - Car insurance renewal premium hike - alan1302

You can't have it both ways. I've yet to hear of any insurer 'paying back' customers in full or part, given that the lockdowns were not absolute (we could drive) or that the insurers had any clauses in their policies to refund customers in such cases if they don't use their cars as much.

Get reading some more - plenty of insurers paid some premiums back to their customers during lockdowns...me included.

Kia Stonic - Car insurance renewal premium hike - Engineer Andy

You can't have it both ways. I've yet to hear of any insurer 'paying back' customers in full or part, given that the lockdowns were not absolute (we could drive) or that the insurers had any clauses in their policies to refund customers in such cases if they don't use their cars as much.

Get reading some more - plenty of insurers paid some premiums back to their customers during lockdowns...me included.

Just because you and a few others (whom had their experience publicised) had this doesn't mean it was applicable or applied to the majority. Besides, if it was, then the price rises would've surely kicked in a year ago, given that the lockdowns started in 2020 and mainly affected that year.

I do not know any neighbour, family member or friend who had any part reimbursement in their premium. I suspect that this affected a very small minority of people at best, which is why I am suspicious of why prices are now rising and by so much in one go.

Note that breakdown cover (effectively insurance) hasn't suddenly increased by similar amounts at the same time.

Kia Stonic - Car insurance renewal premium hike - alan1302

You can't have it both ways. I've yet to hear of any insurer 'paying back' customers in full or part, given that the lockdowns were not absolute (we could drive) or that the insurers had any clauses in their policies to refund customers in such cases if they don't use their cars as much.

Get reading some more - plenty of insurers paid some premiums back to their customers during lockdowns...me included.

Just because you and a few others (whom had their experience publicised) had this doesn't mean it was applicable or applied to the majority. Besides, if it was, then the price rises would've surely kicked in a year ago, given that the lockdowns started in 2020 and mainly affected that year.

I do not know any neighbour, family member or friend who had any part reimbursement in their premium. I suspect that this affected a very small minority of people at best, which is why I am suspicious of why prices are now rising and by so much in one go.

Note that breakdown cover (effectively insurance) hasn't suddenly increased by similar amounts at the same time.

Did I ever say the majority had some refunded? You said no one had but have told you I did and others have. That is all.

Price rises are due to the pandemic in that it disrupted supply chains, which then had to cope with the Ukraine war, high inflation and manufactuerers concentrating on building EVs rather than parts for older cars which is increasing the costs of insurance as the spares cost more or are no available which means the customers have more hire vehicles which costs....that's why the costs are going up.

Breakdown cover won't have increased as much as they don't need to do as much requiring parts as they more often than not do a few things on site or two you to a garage....an no hire cars usually involved and long drawn out claims

Kia Stonic - Car insurance renewal premium hike - Engineer Andy

You can't have it both ways. I've yet to hear of any insurer 'paying back' customers in full or part, given that the lockdowns were not absolute (we could drive) or that the insurers had any clauses in their policies to refund customers in such cases if they don't use their cars as much.

Get reading some more - plenty of insurers paid some premiums back to their customers during lockdowns...me included.

Just because you and a few others (whom had their experience publicised) had this doesn't mean it was applicable or applied to the majority. Besides, if it was, then the price rises would've surely kicked in a year ago, given that the lockdowns started in 2020 and mainly affected that year.

I do not know any neighbour, family member or friend who had any part reimbursement in their premium. I suspect that this affected a very small minority of people at best, which is why I am suspicious of why prices are now rising and by so much in one go.

Note that breakdown cover (effectively insurance) hasn't suddenly increased by similar amounts at the same time.

Did I ever say the majority had some refunded? You said no one had but have told you I did and others have. That is all.

IMHO you appeared to imply it was commonplace when it likely wasn't.

Price rises are due to the pandemic in that it disrupted supply chains, which then had to cope with the Ukraine war, high inflation and manufactuerers concentrating on building EVs rather than parts for older cars which is increasing the costs of insurance as the spares cost more or are no available which means the customers have more hire vehicles which costs....that's why the costs are going up.

Funny how they oinly kick in a year later than every other type of cost increase, including other 'insurance' type products.

Breakdown cover won't have increased as much as they don't need to do as much requiring parts as they more often than not do a few things on site or two you to a garage....an no hire cars usually involved and long drawn out claims

Surely those same cost increases (aside from replacement cars) affecting the insurers would affect breakdown providers - electricity, fuel costs, car parts. Besides, many are saying that their premiums were hiked 100%, not the around 30% that car prices went up (and did so in 2021-22, prior to the Ukraine war) due to the affects of the Pandemic.

Yes, it would have an effect, but not so suddenly or as pronounced. My premium (renewed in the Spring) barely went up, and yet all of those cost base increases would've been there by then, surely?

I think other 'factors' are at play here, especially as certain products and services that hadn't gone up that much suddenly jump, seemingly for no reason.

Kia Stonic - Car insurance renewal premium hike - FoxyJukebox
Increasing your excess substantially helps reduce the actual premium-but of course it raises the risk.
It’s an option
Kia Stonic - Car insurance renewal premium hike - daveyK_UK
I think the issue some people have (its shortsighted) is that their car is low tech, low value, easy to repair, etc so why is their insurance high?
Part of the answer is likely to be that while your car may be simple to sort out in comparison to a high spec modern car there is no telling what vehicle you may be in an accident with which may cost many thousands to put right.

This is when 3rd party insurance is useful, if your car is only worth £2k or less then you may take the viewpoint of the risk of no help with your vehicle is worth the potential hundreds you can save in insurance premiums.

I did a test and on a 55 plate zetec ford focus the 3rd party insurance was £238 cheaper with a £300 excess.

One question that the comparison site could not answer, are you and your passengers insured for personal injury on 3rd party insurance or is that an optional extra?

Edited by daveyK_UK on 10/09/2023 at 08:37

Kia Stonic - Car insurance renewal premium hike - Steveieb

Good idea Davey but with L? there was little difference between 3rd party and comprehensive and you loose windscreen cover.

The latest Which report has promoted L? To the top of the table overtaking The Farmer s brigade for the first time ever !

Kia Stonic - Car insurance renewal premium hike - Bromptonaut
One question that the comparison site could not answer, are you and your passengers insured for personal injury on 3rd party insurance or is that an optional extra?

AIUI your passengers are third parties in so far as if you kill or maim them your insurer will have to pay. Not sure it was always that way; reformed in the eighties possibly?

I've not seen any numbers for how insurance payouts divvy up between policyholder, damage to vehicles or property of others and death of/injury to others.

Remember a friend of mine who was a Doctor involved in GP training. As part of that role he hired a minibus to take a dozen or so of on some exercise. If he'd had an accident, killing two and ending the careers of a couple more compo in tens of millions would have been a possibility.

Kia Stonic - Car insurance renewal premium hike - gkb40

My insurer increased the premium by 87%...

This is way, way beyond any reasonable cost of living increase.

Kia Stonic - Car insurance renewal premium hike - gordonbennet

I'm reading elsewhere that renewal insurance premiums for battery cars in particular are rising rapidly, wonder if the costs involved in managing accident damaged battery cars may be having a knock on effect for general premiums.

Our renewals at the beginning of the year were up but barely noticeable increases with the two DL policies, my pay rise more than covered the increases, Saga tried to increase SWMBO's cover a good amount so DL picked up her custom too, will be interesting to see what the new year brings when its renewal time again... all older (not necessarily slow or small) cars though which despite being fully comp protected policies may be why they are so cheap, so far.

Edited by gordonbennet on 12/09/2023 at 10:08

Kia Stonic - Car insurance renewal premium hike - RT

I'm reading elsewhere that renewal insurance premiums for battery cars in particular are rising rapidly, wonder if the costs involved in managing accident damaged battery cars may be having a knock on effect for general premiums.

Our renewals at the beginning of the year were up but barely noticeable increases with the two DL policies, my pay rise more than covered the increases, Saga tried to increase SWMBO's cover a good amount so DL picked up her custom too, will be interesting to see what the new year brings when its renewal time again... all older (not necessarily slow or small) cars though which despite being fully comp protected policies may be why they are so cheap, so far.

Insurance increases are typically 60% at the moment - just renewed my big diesel, only way I coud get the premium down was to accept a bigger excess - our little petrol runabout has gone up from £150 to £250 so is being sold as surplus to requirement!

Kia Stonic - Car insurance renewal premium hike - Steveieb

Another way to reduce your premium is to add an extra driver with an impeccable history .

Surprised me to find adding a driver could achieve this. I thought it was going to cost more !

Kia Stonic - Car insurance renewal premium hike - madf

EV claims are rising.

Cost of EV repairs is rising. Insurance quoted for BMW i3:

2020 £225

2033 April £425

2023 June £500 (I decided not to buy I3 @ all EVs similar)

2023 now: £580.

Insurance costs eating up any costs savings on fuel.

The Government's EV program is going to fail until they recognise and sort out the issue. They will of course do nothing.

Kia Stonic - Car insurance renewal premium hike - daveyK_UK
Out of interest, which EV has the lowest insurance group?
Kia Stonic - Car insurance renewal premium hike - RT
Out of interest, which EV has the lowest insurance group?

The VW E-Up! and Smart ForTwo are group 10 - unless you count the Renault Twizy in group 6 - strangely the E-Up!s siblings are higher groups - Skoda Citigo at 11 and SEAT Mii at 12

Edited by RT on 13/09/2023 at 07:44

Kia Stonic - Car insurance renewal premium hike - Falkirk Bairn

The E-Up is only sold in Yorkshire!

Kia Stonic - Car insurance renewal premium hike - RT

The E-Up is only sold in Yorkshire!

A few have been secretly driven out of the county and sold as grey imports!

Kia Stonic - Car insurance renewal premium hike - Brit_in_Germany

If the repair costs for EVs are significantly higher than those on non-EVs, the cost of comprehensive insurance for non-EVs will rise as the proportion of cars being EVs rises in order to cover the increased risk.

Kia Stonic - Car insurance renewal premium hike - madf

If the repair costs for EVs are significantly higher than those on non-EVs, the cost of comprehensive insurance for non-EVs will rise as the proportion of cars being EVs rises in order to cover the increased risk.

No, EV costs are specifically being loaded to cover the extra costs.

Kia Stonic - Car insurance renewal premium hike - gordonbennet

If the repair costs for EVs are significantly higher than those on non-EVs, the cost of comprehensive insurance for non-EVs will rise as the proportion of cars being EVs rises in order to cover the increased risk.

No, EV costs are specifically being loaded to cover the extra costs.

There must be a knock on effects for everyone else, postcode based, if you live near a crash for cash hell hole you get costly insurance even if you're the best bet the insurer could find in a month of Sundays, similarly if you live in an area where everyone drives a plutocrat type SUV or luxobarge, badly, an accident you might have is likely to be involving a £100k+ vehicle with well heeled occupants demanding 6 figure compo via their lawyers.

I'll report back in January, none of the above thankfully apply where we live and work, be interesting to see what the renewals are.

Kia Stonic - Car insurance renewal premium hike - Bromptonaut

I'll report back in January, none of the above thankfully apply where we live and work, be interesting to see what the renewals are.

Same boat at opposite end of the same county and with similar renewal date.

If my quote has gone ceilingwards by a massive amount I'll remember this convo and let you all know!!

Kia Stonic - Car insurance renewal premium hike - Bromptonaut

No, EV costs are specifically being loaded to cover the extra costs.

The two contentions, that EV premiums will rise and that premiums generally will go up because of EVs are not binary options.

EV premiums will reflect real world costs of repairing own car damage by the insured.

Equally, if the cost of repairing an EV that's been damaged where no fault lies with the insured is significantly more than its ICE equivalent we'll have to pay. Just as we do for compensation for injury if payouts are climbing.

Kia Stonic - Car insurance renewal premium hike - RT

If the repair costs for EVs are significantly higher than those on non-EVs, the cost of comprehensive insurance for non-EVs will rise as the proportion of cars being EVs rises in order to cover the increased risk.

No - EVs will simply be placed in a higher insurance group than their IC equivalent.

Kia Stonic - Car insurance renewal premium hike - daveyK_UK
Can someone confirm

The E Berlingo Van is 16 insurance groups higher than the petrol and diesel versions?

That seems a lot!

Where can you check commercial insurance groups?
You can check cars on the Parker’s website,

Edited by daveyK_UK on 13/09/2023 at 14:02

Kia Stonic - Car insurance renewal premium hike - madf
Can someone confirm The E Berlingo Van is 16 insurance groups higher than the petrol and diesel versions? That seems a lot! Where can you check commercial insurance groups? You can check cars on the Parker’s website,

14 vs 18 via www.moneysupermarket.com/car-insurance/groups/

I suspect the market for EVs is changing rapidly : faster than sites can keep up.

Kia Stonic - Car insurance renewal premium hike - Ethan Edwards

Not convinced the group makes a huge difference. One EV is Group 17 and my other Group 22. Pretty much the same premium.

Kia Stonic - Car insurance renewal premium hike - Xileno

I've got this annual event to go through next month, I hate it. Like most I have better things to do. I've always found that by shopping around I've managed to keep my annual increase down to low single figures in % terms, looks like I might be in for an unpleasant surprise this year. I was with LV for a few years who were very competitive (both house and car) but about two years ago the renewals were too much so went with other providers. I will report back with my figures.

Kia Stonic - Car insurance renewal premium hike - catsdad

Just reviving this thread with my latest encouraging(ish) experience.

I am with LV with renewal at the end of October. I paid £253 last year. As an early benchmark I got a quote back in August from their online wing Flow for £336 so I was expecting a hefty renewal rise. However running my details through a comparison site I got best quotes of £256. This included Flow which was surprisingly low given their previous price.

LV renewal came today at £295 which they reduced to £279 when I rang them up with the competing quotes. That’s just over 10% increase, so not too bad. I have accepted that rather than move to another company for a small saving.

Maybe hikes are reducing.