Why has my premium increased?
Insurance premiums can change from year to year, based on factors such as:
- the increasing frequency and severity of weather events
- fluctuating repair costs
- improved data, and
- the number of claims made in a year.
You may also have received discounts or free coverage last year that no longer apply this year.
But you do have some options! Don’t let your insurance be a set-and-forget type thing; when renewal time rolls around, log in and check that your details are up to date. Making updates to your excess, amount covered, optional covers and other details can have an impact on your premium.
You can make updates to your policy online in minutes! Just log in to My Account.