Active discussions

Please or to access all these features

Talk
AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To think that insurance companies are scam artists

57 replies

whatdoidonowffs · 30/07/2024 08:01

How can they possibly raise my car insurance from £560 last year to £2868 this year when nothing’s changed 😡😡
I know I’ve already done comparison sites and got it cheaper but ye gods why such a massive raise

OP posts:
Original poster
whatdoidonowffs · 30/07/2024 08:39

NotALightPacker · 30/07/2024 08:17

It's probably the claims history of cars like yours in your area.

What car is it? If it's an Audi or a Range Rover be grateful you've had a quote. I live in a nondescript Midlands city and my local Facebook groups are full of people with those cars who can't get quotes even because so many are being stolen and stripped for parts. It's happening week in week out.

If it was an Audi or a Range Rover I could understand it but it’s a 57 plate mondeo fgs

OP posts:
Anewuser · 30/07/2024 08:30

Shade17 · 30/07/2024 08:22

Insurance companies aren’t making huge profits though, I think a lot are struggling.

Show quote history

A quick google search would appear you’re wrong.

Insurance companies seems to be making huge profits.

Always shop around.

Every time they have a chance to make a profit they will. They were told off for charging young men more than women so all they did was increase women’s premiums. Any excuse to raise premiums they use it.

Shade17 · 30/07/2024 08:22

thefireplace · 30/07/2024 08:20

Insurance companies have jumped on the band wagon of rip off charges for UK consumers and want higher profit margins, they know we have to have car insurance, so, can charge what they like.

Insurance companies aren’t making huge profits though, I think a lot are struggling.

HeBeaverandSheBeaver · 30/07/2024 08:21

That's a crazy price. Glad you
Got it cheaper.

thefireplace · 30/07/2024 08:20

Insurance companies have jumped on the band wagon of rip off charges for UK consumers and want higher profit margins, they know we have to have car insurance, so, can charge what they like.

Hadalifeonce · 30/07/2024 08:20

When my new quote came through last year,it was horrendous. I telephoned my insurance company and the guy said it was to do with the high crime rates, I pointed out I live in a very low crime area, he told me they don't just look at local rates anymore, it's national.

NotALightPacker · 30/07/2024 08:17

It's probably the claims history of cars like yours in your area.

What car is it? If it's an Audi or a Range Rover be grateful you've had a quote. I live in a nondescript Midlands city and my local Facebook groups are full of people with those cars who can't get quotes even because so many are being stolen and stripped for parts. It's happening week in week out.

Swipe left for the next trending thread