Why has CAR INSURANCE become so EXPENSIVE?

Why Has CAR INSURANCE Become so EXPENSIVE?
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Why is Car Insurance so expensive now?
We look at the reasons why car insurance has gone up so much in the last 12 months in the UK (48% according to the ABI). Has your insurance renewal gone through the roof? does your insurance quote stop you buying the car you want?

This video is not meant to be a defense of the insurance industry (there are one or two being greedy here) but to explain some of the factors making car insurance prices increase so much. Some of these you will be completely unaware of and one will probably be a bit of a shocker.

#carinsurance

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Important : This channel tries to deliver honest advice for real people. Remember that I am not a financial advisor or car finance professional and am therefore not qualified to give any kind of financial advice, views shown here are purely my own but you must make your own financial decisions. Always seek professional advice before entering a finance arrangement of any kind and seriously consider your financial position and the long-term affordability of any deal that you may enter into.

All music used in this video is written, recorded, and produced by me.

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