Hi everyone. Car insurance up for renewal. Promotion at work and another year of no claims, so was expecting cheaper than last year. My renewal price was £900, £100 more than what I pay now, so headed over to price comparison. Managed to find a £400 deal, but remembered that I had two minor no claim, no fault, no damage, no injury incidents over the past year (plus one that was my fault from 2 years ago, which I’ve declared before). I had reported both to my insurer, so had to declare them.
The same insurer who offered me £400 was now wanting a ridiculous £2,200, with my cheapest quote now over £1,000. Called up my current insurer and managed to get down to £700, but I was stunned at the impact these incidents had on my renewal.
I get that data shows more accidents often means more future accidents, regardless of fault, but an 450% increase is outrageous when there’s been no claim, damage or injury.
Does anyone know of any insurers that ignore no claim “incidents” and only factor in actual claims?