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Massive premium increase after change of address

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  • 10-08-2017 4:38pm
    #1
    Registered Users Posts: 276 ✭✭


    I've recently moved from Swords to Tyrrelstown. I contacted my car insurer (123.ie) yesterday to let them know the new address.
    I was told that my premium is about to rise by over €500, bringing the total cost of my policy to €1200 (I paid €680 for a full year a few months ago). I got angry, but paid the first installment of €120 on the spot. I'd expected an increase of up to €100, but not half a grand...
    Is there anything I can do, i.e. cancel my policy with them now and look for another, cheaper insurer? My current policy with them is valid until March 2018.


Comments

  • Closed Accounts Posts: 2,060 ✭✭✭Sue Pa Key Pa


    My son's insurance went up 70% moving from D14 to D15, Zurich

    You can cancel your policy and move elsewhere. Check your papers for any cancellation charges to apply


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