Postcode lottery: We moved 175 yards ¿ and our car insurance doubled!
A family saw their car insurance more than double after moving less than 175 yards down the road.
Hayley Fulton’s premiums increased from £720 to £1,600 after her family moved into a larger house on the same road in the village of Highley, Shropshire.
Part of the reason for the hike in costs is because they moved to a new ‘higher risk’ postcode — just a single digit different from their current one.
‘I was gobsmacked,’ says the
25-year-old full-time mother of two young children — Phoebe, two, and
ten-month-old Freddie. ‘This is a quiet, rural village. I can’t believe
there’s a high risk in any part of it.’
Home Office statistics reveal crime
is low in the village — and there is no difference in the level of
vehicle crime between the Fultons’ old and new postcodes.
At their old home, Miss Fulton’s
six-year-old Citroen Berlingo was parked on the driveway. At their new
home, the car will be parked a few yards down the road in a gated
private car park — which her insurer Sheilas’ Wheels says is part of the
reason for the hike in premium.
After they moved, Miss Fulton called
Sheilas’ Wheels to inform it of her change of address. She was astounded
when the company increased her premium by £880. To add insult to
injury, she also had to pay a further £26 to change her address on the
policy.
The hike in Miss Fulton’s premium highlights the postcode lottery of car insurance, and the outrageous rises in premiums drivers experience from year to year. Insurance premiums increased by 16 per cent (or £200) in the past year, from £1,249 to £1,449 on average, according to the AA Index.
Motor Vehicle Insurance Comparisions In Scotland - News
Experts say there is not the same claim culture in Scotland that is present in the rest of the UK. Picture: Getty SCOTTISH motorists enjoy far better deals on car insurance than drivers elsewhere in the UK, new figures reveal.
Research by comparison site Moneysupermarket for Money Mail reveals the most expensive postcode for car insurance is Small Heath in Birmingham (B10), where the average premium is £1656. The cheapest postcode is in Forres, Moray, in Scotland (IV36),
Households were also hit by a rise in Insurance Premium Tax from 5pc to 6pc — charged across all insurance products. The rise added £2.09 to the average buildings insurance policy and £1.11 to contents a year. Car insurance also rose by more than £10.
It revealed that storms in the first week of January led to a 29 per cent increase in car insurance claims. The broker dealt with 991 problems itself, meaning there could have been as many as 5600 nationally. In Scotland, which suffered from severe
This means drivers should make sure they have enough fuel, anti-freeze, oil and screen wash ahead of any journeys, according to advice from price comparison site Confused.com. Gareth Kloet, head of Confused.com car insurance, said the provision of
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