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Huge jump in insurance cost


Jace

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Has anyone else recently revealed an insurance quote that was at least 50% more than their current, despite nothing changing in vehicle or circumstances? 
 

currently paying £450 yet online renewal quotes are coming out at £750 , with ridiculous excess amounts too.

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1 hour ago, Jace said:

Has anyone else recently revealed an insurance quote that was at least 50% more than their current, despite nothing changing in vehicle or circumstances? 
 

currently paying £450 yet online renewal quotes are coming out at £750 , with ridiculous excess amounts too.

Yep. My Better Half.   Renewal with. DL went up 56% over last year.   A bit quote shoppinggot the same levels of cover and additions for £320 less. 

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23 minutes ago, Microbe said:

Renewal letter then arrived from GA ( a brand of Aviva) at £298!


I am always amazed at how low Insurance costs can be on an R, 

and will shop around when my Renewal is due in August. 
 

Enjoy that bargain price!

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Seems car (and house insurance) rates have increased a fair bit this year.

 

Guess parts and labour increases as well as the time people are in courtesy cars waiting for parts to repair?

 

I work in the insurance industry (industrial risk engineering) and seems that global re-insurers got hit by business interruption Covid claims as well as a few Nat Cat events last year, so primary insurers re-insurance has gone up. Plus with interest rates rising capital is flowing back to / de-risking to investments as guaranteed returns rather than the win/lose possibility of insurance 

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Not double but both of my renewals went up - wife’s 1er by £10 (I couldn’t be bothered to shop around to get it lower so just accepted it) and the rs3 went up by £60 after shopping around for a better price - so I’m grateful mine weren’t as bad as some!!

 

my rs3 is now the same price as my R was 2 years ago - the R used to be great for insurance but with them getting cheaper to buy they aren’t quite the bargain they used to be. 
 

 

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The R insurance renewal is due in July, I’m expecting it to be a lot higher.

 

I’ve just had the renewal for my Range Rover.  Having run it through the comparison sites and getting quotes from £1,600 (vs £580 last yr) I was pleasantly surprised that the renewal was ‘only’ £980.

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