Received my renewal quote for my car…
Received my renewal quote for my car insurance. Nothing changed regarding my circumstances. A whooping 21% increase.
They are making HUGE profits! See below
Revenue up 12% to £367.5 million
Underlying pre-tax profit up 98% to £46.6 million
Net debt down 17% to £429 million
Debt leverage ratio of 2.7 times, down from 4.3 times
No dividend payment
Needless to say I declined to renew with Saga. Found like for like insurance for the price I paid Saga last year. A small percentage increase may be acceptable. Greedy, over-the-top increases are just that. GREED. BYE.
2 November 2026
Unprompted review