Re: Rising cost of living
The annual insurance for my MOT-failure-so-had-to-be-scrapped Skoda was £113 (Protected Comprehensive) with Swinton.
Comparethemarket showed a quote from them for the same cover for the Dacia I'm buying as £424 (with excesses as £400).
For the same, eSure quotes £230 (with excesses at £200).
So I went to Swinton asking if they could beat that price. Their calculator came out with £1016!!
With 9 months to run with Swinton, I asked how much I would get refunded if I cancelled. Just £35 due to a cancellation fee of £60 which was just £25 when I took out the policy!
So it looks like cost of living increases have hit the insurance companies now.
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