Hi Matt,

I work alongside commercial insurance brokers and they are currently advising clients that insurance premiums are going up this year on average by 10-15% as insurance companies are suffering heavily on investment funds due to the current economic climate and the increased premiums are to put some money back into the coffers to cover potential future losses.

This coupled with all the scumbag uninsured drivers and fake whiplash claims mean we're all having to stump up a little bit more on renewal.