Insurance increases - are we being gaslit?

[JimBobsWife]

Like many other people, I am shocked by insurance premiums. I've just had an almost three-fold quote increase for buildings cover - having done a comparison check, I can only get that down fractionally.

However, when I read articles about the increase in premiums, they talk about increases of 25%. I would fucking LOVE an increase of 25%. Where are all the articles about increases of 300%? Which is actually what I'm seeing?

My house insurance went up by about 7% this year. Car went up by about 20% but I had a deal on a fixed renewal price last year, plus I went for a slightly upgraded breakdown cover.

Edited.. sorry I was an idiot and misread your original. Trying again…!

Even your comparison quotes are 3x ? That sounds unusual. Has anything changed locally or in your household?

Mine was about 25% for home insurance

My car insurance has doubled! No change to anything....

My buildings insurance last year was £134.81 (just buildings, no contents). The quote has come through for this year at £346.89. And they've changed the excesses so they're higher.

The cheapest I can get on a comparison site is £293 on compare the market and I've just found a cheaper one at £266 on confused.com

Would be very happy with a 25% increase if I could find one?

I also was quoted £1700 on my multi car insurance policy late last year, up from £1000 the year before.

So is it just me?

Our Home insurance (buildings and contents) doubled and the car insurance wasn't far off double either.

The cheapest buildings and contents on Compare the Market was £1100! I renewed with my current provider for £380, which was only about £30 more than the previous year.

My car insurance will rise exponentially this year, because we had a three year deal, which will end in a few months. The house insurance is about double what is was a few years ago and will no doubt rise again. The boiler has just been repaired at a cost of £650 and the council tax is over £3000 a year.

We’ve sold everything we can, reduced the food bill as much as possible, don’t go anywhere that’s not free and we’re trying to downsize. It’s just a nonsense now.