Скачать или смотреть Ask the Expert: Why has my car insurance increased so much?

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Car insurance costs have increased significantly in recent years due to several factors. Firstly, the cost of car repairs has risen above the rate of inflation, especially for modern cars that require more expensive equipment for repairs. Additionally, the limited supply of cars during the pandemic has driven up prices for replacement vehicles, leading to higher payouts for owners of two or three-year-old cars involved in accidents or thefts. The number of car thefts has also increased, with organised gangs targeting petrol or diesel cars from premium brands that can be easily sold abroad. The change in car theft patterns and the low recovery rate of stolen vehicles contribute to higher costs for insurers. Age is another factor that affects insurance premiums, as insurers still apply a weighting to older drivers' premiums, even though a study suggests they are not notably less safe than other age groups. Overall, insurers are paying out more in claims, which has led to the increase in car insurance costs. Choosing a non-premium brand with lower repair costs may help mitigate the rising premiums.

🔗 https://www.telegraph.co.uk/cars/advi...

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