Argh car insurance still rocketing!

[jwnib]

Our car insurance like most people's jumped last year, inflation bla bla bla, just had our renewal and I'm fuming it's jumped up another 33% this year?! I was expecting a rise but not that flipping much, it's so infuriating.

Shop around. That's all you can do.

I don't know who does the inflation figures for the government but my estimate is 20% not 1.7 as it is claimed.

What gets me is when you use a price comparison website and the company you've just had the extortionate quote from show up a few hundred pounds cheaper. I don't understand how or why this happens but they seem to pluck figures out of thin air.

Have you done all the comparison sites? It doesn't pay to stay with the same company, I change most years
My dad moans every year and I'm like well change then!
I paid £20 more in total than last year between shopping around and Quidco cashback

Ours went down by about £100.

This is with LV.

Got mine £150 cheaper than the renewal quote by using comparison sites.

£279 for the year. I’m ok with that.

Mine increased threefold. We had a three year fix which came to an end and we reported an incident from summer 23, which wasn’t a claim and was just for information, as you’re supposed to do, but they increased it to over £1000.

Thanks yeah we need to shop around, we also need to get quotes for the cars separately as they're very different engine sizes and one tends to fall out of scope of some insurers' risk appetites so I need to check if it's that they have jumped up or if it is both cars, annoyingly they haven't put in the email what the individual rises are.

Just hate this annual rigmarole that I thought the rules brought in recently was supposed to minimise the impact of.

I just do confused and go compare
Set up an account and it saves the details
Genuinely takes about 5 mins a year if that

The changes are supposed to stop ‘price walking’ which is when you get a better price as a new customer than the identical customer would on renewal. That is strictly verboten these days.

But if you are, or become for whatever reason, outside of an insurer’s risk appetite then they can quote whatever price they like so long as they’d give the same quote to a new customer with you specifics.

If you are getting better quotes from the same insurer for new businnes as your renewal quote then either you’ve put in different details to the price comparison website or your insurer has something wrong in their records (it happens!). (Or the insurer should be reported to the FCA…but the first two seem more likely!).

I shopped around,

Also upped my excess and took off a few bells and whistles.

Managed to get it down to the same as last year, but no legal cover and excess doubled. I've never needed to claim on it though and been driving 30 years.