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