Tag Archives: Insurance premiums rising

Why are insurance premiums going up / rising?

Why are insurance premiums going up / rising?   In the UK insurance premiums are rising quickly. Particularly starting around October 2023 which will continue to 2026.  There are 4 main reasons for this. Bodyshop costs have risen hugely.  This is due to a few main factors, cost of materials, business running costs, shortage of …