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Old 19-09-2016, 15:11   #1 (permalink)
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How Chris Knott is combating the upcoming insurance tax rise...

You’ll probably be aware that the former Chancellor (in November 2015's budget) levied a second increase in Insurance Premium Tax on unsuspecting motorists, bringing the duty up a further half a percent to a ‘nice’ round 10%. This following another recent increase from 6% to 9.5%. The new 10% rate comes into effect on 1 October this year.

You'll be pleased to know that while we can't control the effect on car insurance premiums, Chris Knott Insurance is still going to be helping you where we can. We'll continue trying to beat your alternative quotes (which will also have been affected by the tax rise) to find you the best deal. And where we know what we're up against we can respond favourably under our special scheme that rewards car club/forum members.

There's good news on a couple of our other products where we do control the prices. It's only right that we're NOT increasing the cost of either our GAP Insurance (starts currently at £85) or Multi-car Breakdown Cover (currently starts at £63) despite the tax rise - we'll absorb the cost of the extra tax ourselves.

Your unique web links for these two products can be found elsewhere in this section of the forum. Alternatively, you can call us on 0800 917 2274 for quotes on any of our products and we'll be pleased to talk to you.

best,
Nick

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