Why has my renewal premium gone down?

Your premium may have fallen (a little or a lot) for a few reasons, including:

  • If you’ve made changes to your policy in the year
  • The way we rate your insurance risk
  • How we’ve adjusted renewal premiums generated from 1 January 2022 so you don’t pay more with us than a new customer would (when the renewal quote is generated) for the same level of cover. See the question, What are the FCA pricing regulation changes to insurance?

For your peace of mind, your cover will remain the same (subject to any underwriting changes – see the ‘Renewal Update’ page in your renewal pack) and is up to Defaqto 5 Star rated.