Back

@bullivant partially inflation, but for a jump that big I expect they also changed their underwriting rules so you are considered more of a risk. Basically you are pigeonholed in a box of people who they've stopped targeting, or have had higher than average increases in claims.

@duckwhistle Not sure why the'd stop targeting us: middle class, white, middle aged, SE England, no disabilities or conditions, at least 15 year NCB, no convictions or penalties, no claim on 'any' insurance anywhere in over 20 years.

@bullivant insurers can decide to raise costs on those in one set of risks, for reasons nothing to do with those people.
They have target levels of risk exposure, because that can effect things like reinsurance, credit worthiness, share price, etc. So may be willing to risk loosing some customers because they're looking to diversify, or target discounts to another area they have identified as more profitable. Alternatively they might have liquidity issues, or be responding to competitors.