car insurance increased by 50%

[microbius]

I wonder if anyone can offer any insight on this. My old car insurance provider (Marshmallow) increased my premium from £500 to £750. I made no claims, I had no accidents, nothing. I drive a 10 year old Toyota, with significant number of no claims years and driving experience. Quotes from other companies seem to be in the same region (£650-850) which I paid when I first got the car and was a newly qualified driver. I just don't understand how my premiums can be increasing while I am having longer and longer years of experience, no claims and my car is getting older... I played with Moneyexpert calculator, no real change. Nothing at all changed in my life bar insurers want me to pay 50% more. ??????

Prices of second hand cars are through the roof so the cost of each claim, especially writing off older cars, is much higher at the moment than insurers have previously priced for so premiums are now having to go up accordingly. So related to the expected cost of any accident rather than you as a driver.

Just renewed insurance for the wife's car.
It was coming up at around £650 at first for her. So I was playing around with the quote details and added a second person onto it as an additional named driver, miraculously the price dropped down to £415 - even with the lowest voluntary excess amount.

I would try adding a second driver if you don't already have one on your quote just to see if it makes a difference for you to (it dropped the quote price even if the second person only had a provisional too).

PS our cheapest was with Hastings Direct.

Ensure car insurance
I insure 2 cars with them at £25 per car per month I found them when doing a check with money supermarket as hasting direct put my insurance when renewal came

Sorry esure