If you have experienced a car insurance price hike, what did you do about it?

Never renew without shopping around. Insurance companies are the worlds worst at exploiting customer loyalty.

Despite what Welsh lad answers to every question like this it is possible to stay with the current insurer and get the best deal sometimes. - like this -

My insurer tried to add quite a lot - nearly 20%. So I followed the procedure on http://www.moneysavingexpert.com/ to get the cheapest quote from around 89% of all the insurers possible. I found loads that were around £310 for the same cover where my current insurer wanted £360.

I called my current insurer and said that if they matched or bettered that I would stay with them. After a discussion with someone higher up they agreed so I stayed and renewed without the hassle of having to change.

I did the same for my bike insurance and got the current insurers quote down from £305 to £143 for the same cover and with £30 added got cover that means any claim over the excess amount means I do not pay any excess even - result. So saved £132 and got better cover than before.

All of the above was earlier this week!

Go on a price comparison site and find a better deal. Very common for insurance companies to offer a cheap rate to draw you in, and once they got you hike up the price.

A lot of insurance companies have hiked up their prices, but shop around and you will find a better deal. The best deals are always saved for new customers - they don't seem to care about customer loyalty.

Have you filed a claim last year or have you gotten any tickets? If so, then they have hiked your premiums since you are a "higher" risk.

But if nothing has happened to validate this, then you need to call around to other companies for a "quote" of the cost to insure you. 60% is pretty steep increase, and if no claims/tickets, then you should be able to find another company for a lot less.

good luck

I would do the same as I do every time my insurance renewal comes up - shop around, until I find the cheapest quote.

I thought everybody did that anyway. Don't you...??

I shop around (I do this even if it was cheaper), I haven't stayed with the same 2 years in a row.

Yeah!

Go onto moneysupermarket.com and let them search - I did and saved about £40 over my previous insurer...