Additional fees on an insurance policy already taken out

[Mooloolabababy]

So, it's a boring one, but I've actually never had this before!
I took out gap insurance for a used car we purchased in September last year, it's only a 2 year policy, it cost £85 I think, anyway, I've just received an email saying that due to inflation, they're going to have to charge me an extra £5.50 (reduced down from £9 as they'll cover the shortfall). So I know it's only a really small increase, but I didn't realise policies could do this. I know that they can increase your premiums for a change of circumstances or if you have to claim, but didn't realise they could do it due to inflation!

I guess you'll have to read the T and Cs?

Are you using the policy? As far as I know it’s for a service and repair for chips and scratches over the policy and their costs have increase significantly due to rising costs.

like PP said it’s more than likely covered in the terms of the policy.

lots of things go up, even if circumstances haven’t changed.

Is it tax?

So it'll cover the gap in a payout if the car is written off. We paid £10,500 from a garage but the book price was between £8000 and £9,500 so took out the insurance to cover it. I totally get that everything is going up and I'll pay the money obviously but I've just never had a policy before where they've asked for an additional payment in the middle of it, other than for change of circumstances.