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Author Topic: 62% insurance increase anyone?  (Read 12395 times)

Offline Bagus

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Re: 62% insurance increase anyone?
« Reply #15 on: May 11, 2024, 10:18:10 pm »
I was previously with tesco and paid £210 last year. It went up to £300 so I left them. I was able to a my classic 911 policy making it multi-car and it only cost £30. No idea how insurance company’s work but wasn’t complaining with this option.

Offline ahsan82

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Re: 62% insurance increase anyone?
« Reply #16 on: May 13, 2024, 11:45:28 pm »
got my renewal went up from £635 last year to £760 for this year...... called them up... managed to get for same price as last year.....all very strange..... im 42 with 3 points

Offline shail

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Re: 62% insurance increase anyone?
« Reply #17 on: May 15, 2024, 07:20:19 pm »
Just had mine through.  They sent me an email a few days ago explaining why prices are up, so was expecting an increase.  £293 now up to £410! 

Offline OldGTI

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Re: 62% insurance increase anyone?
« Reply #18 on: May 20, 2024, 09:37:37 pm »
LV sent me this before putting my insurance up £200. I will shop around before I commit.

Cost of vehicle repairs – up 32% since 2022. Reflecting rising costs, energy inflation and more expensive repairs (source: ABI).
Payouts for vehicle theft - up 35% since 2022 (source: ABI).
Labour costs for repairs – up 50% since 2019, due to inflation, shortage of skilled workers and the energy crisis (source: Auto Body Professionals).
Severe weather – Storms are getting worse and more frequent and it’s impacting motorists. Recent storms, Babet and Ciarán, saw many cars damaged by flash floods and falling trees/debris in the high winds.

Offline GreigC

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Re: 62% insurance increase anyone?
« Reply #19 on: May 20, 2024, 09:48:02 pm »


Just had my email renewal quote for my car insurance for June. (09’ MK5 GTI)



Offline Lewo

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Re: 62% insurance increase anyone?
« Reply #20 on: May 29, 2024, 10:20:42 pm »
Bit of an update...
Not good, all other places I've tried are around £500.
Unbelievable.....
Sharks.....

Offline Lewo

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Re: 62% insurance increase anyone?
« Reply #21 on: May 30, 2024, 02:06:39 pm »
Renewed...        :ashamed:

Offline terrier

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Re: 62% insurance increase anyone?
« Reply #22 on: June 01, 2024, 07:33:27 pm »
Sob story from LV No mention of me not claiming in 20+ years 9 of those with LV 
  They also increased buildings and contents and dog insurance  I hope this is not 32%+35%+50%  :laugh: :laugh:
•   Cost of vehicle repairs – up 32% since 2022. Reflecting rising costs, energy inflation and more expensive repairs (source: ABI).
•   Payouts for vehicle theft - up 35% since 2022 (source: ABI).
•   Labour costs for repairs – up 50% since 2019, due to inflation, shortage of skilled workers and the energy crisis (source: Auto Body Professionals).
•   Severe weather – Storms are getting worse and more frequent and it’s impacting motorists. Recent storms, Babet and Ciarán, saw many cars damaged by flash floods and falling trees/debris in the high winds.