We appreciate many people across the country are facing increased pressure as the cost of living continues to rise. Here at Swinton, we are facing the same sorts of increases. As inflation rises, the cost of repairs and replacing lost or damaged items increases, which is having a knock-on effect on the cost of claims that insurers need to pay out and sometimes need to pass these prices on to our customers aſter payout.
There may be other contributing factors to a rise in your renewal price, such as;
- Your driving history, which may include any claims or convictions you or any additional drivers might have had within the last 12 months
- Personal circumstances such as the value of your vehicle, your location or address or your occupation
- General market conditions such as the increase in vehicle value, or new vehicle technology
Rest assured, as a broker, Swinton will always search our panel of insurers to offer you the lowest price that we can each year.