Car Insurance!!!!!

[trueblue1234]

It's a myth that costs have went up that much. In real terms premiums since 2004 have went up 21% while costs have dropped by 6% over the same period.
Costs of managing claims has risen and there has been some changes in regulations that have increased costs for insurance companies. But overall motor claims (in the uk)are just under £12B, and premiums are just over £19B. So still a healthy profit margin. And this would be before recent price gouging.

For a regulated industry, Insurance badly needs closer attention by watchdogs on pricing.

[AustinPowers]

What's the deal with  your car insurance when changing  jobs?

Are you meant to  let your insurer know if you  started  a different line of work? (eg. moving from  an office job  to a sales assistant?)

And  do you need to notify them if say,  you became unemployed/or  became a full time  carer for someone ?