Mid-Term Price Change π οΈ
If your price changed during the policy term, itβs likely due to an insurer update (called a mid-term adjustment).
πΉ Example: If your No Claims Bonus couldnβt be verified and was lowered, your premium may increase.
π These changes are made to reflect the accurate risk.
Renewal Price Increase π
Price increases at renewal are normal. This happens because:
πΉ Insurers reassess risk each year
πΉ Market prices and claims data change
πΉ NCB increases may not fully offset other factors
π¬ Still have questions? Our Renewals Team is happy to help!
If youβre unsure, our Live Chat team is also here for you anytime!
Weβre happy we could assist you.
β The My Portal Team π