Motor insurance

dickie davies said:
Has premiums increased in general this year?

Just had my renewal quote through and it's gone up by around 12%
Obviously I'd barter the price down, but I thought the quote would have come through around the same as last year
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Theres been an increase in IPT(Insurance Premium Tax) to 12% (the third rise in two years) as well as increases in premiums due to changes the way claims have to be settled. Get alternative quotes from comparison sites and then go back to your insurer / broker (you may find that the insurance company you're with will give a cheaper price for new business than for existing
 
Ifwecouldjust....... said:
Theres been an increase in IPT(Insurance Premium Tax) to 12% (the third rise in two years) as well as increases in premiums due to changes the way claims have to be settled. Get alternative quotes from comparison sites and then go back to your insurer / broker (you may find that the insurance company you're with will give a cheaper price for new business than for existing
Click to expand...
What are the changes in regards to settlement?
 
Ifwecouldjust....... said:
Theres been an increase in IPT(Insurance Premium Tax) to 12% (the third rise in two years) as well as increases in premiums due to changes the way claims have to be settled. Get alternative quotes from comparison sites and then go back to your insurer / broker (you may find that the insurance company you're with will give a cheaper price for new business than for existing
Click to expand...

I've just renewed with Aviva for £130 less than my current provider's, LV, quote and with a bit of luck I'll also get £60 cash back
 
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