Your premium can increase for many reasons, for example if you’ve made a change, made a claim, had a claim made against you or even global and environmental changes can impact your price.
If something has changed – like you’ve moved address, added a driver or made a claim then this may have increased the price of your policy.
It’s important that your information is correct and we’re insuring you for what you need to be covered for, so your policy remains valid if you need to make a claim.
Changes to global or environmental factors can also increase the price of your policy including financial markets, political changes, the price of materials or material shortages, war and climate change can all cause fluctuations in the cost of insurance.
These things may be out of your control but unfortunately, they still have an impact on the cost of insurance and effect prices across the insurance market