I have recently received my car insurance renewal and was surprised to find that it’s risen by over 56 per cent. As you might imagine my domestic vehicle covers very few miles a year, and I’ve many years no claim bonus. So, like many, I asked a small South African mongoose to find me a cheaper deal. Curiously the ‘cheapest’ listed of any insurance company I’ve heard of was Churchill, the very one I’m with, but at nearly £18 dearer (that pays for the adverts and cheap cinema tickets). So what are the reasons given by insurers to justify increasing premiums? The excuses are many and varied to fleece you: Increase in vehicle claims; Increase in stolen vehicles; Parts are more expensive to order due to backlog; Parts are taking longer to order due to backlog, subsequently, customers are in courtesy cars for longer which costs insurance companies more; Cars are generally more expensive (both new and used); Insurers paid out more than they took in last year. So there you have it, since covid, when we all didn’t drive and stayed at home, costs have gone up.