ChatterBank0 min ago
Inflation
I’ve just received my annual vehicle insurance renewal quote after a year of no claims/accidents.
The increase is a staggering 67% - can anyone beat that?
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Hymie, neither is our car, and it's about 10 yrs. old & free of Road Tax because of low emissions. The rise is caused by insurance cos. covering themselves against all these hightly expensive electric cars, which are usually writen-off for almost any accidents because the batteries can't be repaired - or something like that.
A couple in the village sold both their cars recently and bought 1 new one --- the insurance for that is more than for the 2 combined was!
Ours doubled this year with Churchill. We did have a hit while parked in the car park but we were not there at the time someone hit our car and drove off. Did make a claim as we had protected no claims. Didn't realise it would put our insurance up by so much. As with direct line who own Chuchill they wouldn't budge. We changed to LV for £100 less. Still more than last year but with slightly better cover than we had with Churchill.