Why did my car insurance go up? No-claims bonus, renewal and age: what does the law say since 2026?

Because the price does not depend on you alone: each company revises its pricing policy, and premiums are not regulated by the supervisor. If you are an existing customer, since 2026 an increase needs documented written reasons at least three months before expiry. Ask for them in writing and compare quotes on the same points.

There is no common answer: each insurer has its own bonus and malus system. Ask yours in writing how your discount would change if you claim, before you claim.

It can be, if the repair costs less than the discount you would lose in the coming years. First ask in writing how the bonus would be affected, and check whether the policy requires you to report every incident even if you do not claim. If another driver is involved, tell your insurer anyway.

Each insurer has its own system; there is no common Cyprus scale, according to House research (September 2026). What you can ask for is a claims-history statement for the last 5 years, which in the EU is provided within 15 days. With it you negotiate the discount with another company.

That is set by each company’s system. Usually an accident that was clearly the other driver’s fault, with the damage paid by their insurer, should not count, but check it. Ask in writing how the incident was recorded in your history.

From an EU country, the insurer must take your history into account as it does for local residents, using the EU claims-history statement. From the United Kingdom or Russia, that rule does not apply and each company decides. Bring a written statement from your previous insurer, translated if needed, and ask more than one company.

Age on its own is no longer allowed as a reason to refuse renewal (Article 3A, a 2026 amendment). For an existing customer, a refusal needs documented written reasons, sent at least three months before expiry. Ask for them in writing, make a written complaint, and with no reply within 15 working days go to the Financial Ombudsman and/or the Superintendent of Insurance.

Yes. For an existing insured, an increase needs adequate, documented reasons, sent in writing at least three months before expiry, and age cannot be the only reason. The Superintendent can impose a fine of up to €10,000 per breach, including for not sending the reasons. Ask for them in writing and complain.

The law exists: Articles 3A to 3E are in the consolidated text of Law 96(I)/2000 on CyLaw, after a 2026 amendment. According to a secondary report, some people were told the opposite. Ask for the company’s answer in writing and cite the articles in your complaint.

A written complaint to the insurer, citing Article 3A. If it does not reply within 15 working days or the reply does not satisfy you, go to the Financial Ombudsman (€20 fee) and/or complain to the Superintendent of Insurance. Meanwhile ask other companies for quotes too, so you are not uninsured for a single day.

Usually your age and years of licence, claims history, the car and its use, who drives, where it is kept, the cover level and the excess. How much each weighs differs by company, because premiums are not regulated by the supervisor.

Because each company prices freely, with its own data and its own policy; premiums are not set or approved by the supervisor. Check that you are really comparing the same thing: drivers, limits, excess, add-ons.

Yes. In the EU, the insurer must give you a claims-history statement for the last 5 years within 15 days of your request, on a common EU form. Ask for it in writing and keep a copy.

Many policies renew automatically if you pay by direct debit; others lapse if you do not renew. For a mid-term cancellation, many companies refund part of the premium on their own scale, often less than pro rata, and ask for the certificate back. Check your own policy wording and ask the insurer in writing.

Many insurers charge somewhat more for paying in instalments. How much you only see in the quote. Ask for both prices in writing and check what happens if an instalment is missed.

For an existing customer, a refusal to renew needs documented written reasons, at least three months before expiry. Ask each company for them in writing, and complain if you did not receive them. If several companies refuse you, contact the Insurance Companies Control Service about your options, and do not drive uninsured in the meantime.

Often yes: many insurers take into account where the car is kept and parked, because it affects the risk of theft and damage. How much is up to each company. Declare the address correctly, and any change in writing.

Not on the basis of sex: since 21 December 2012, following a ruling of the EU Court of Justice (the Test-Achats case), insurers in the EU may not charge women and men different premiums because of their sex. Differences can arise from other factors, such as the car or the history. Ask each company which factors count for you.

It can. Many insurers ask about offences and penalty points, and how they count them is up to each one. Answer accurately whatever they ask, because a wrong statement can cost you cover for your own damage.

If they ask, yes, accurately and in writing, and tell them if anything changes. Since 2021 the victim is paid even if there was non-disclosure, but the insured may be in a difficult position for their own damage. Whether the condition affects your driving licence, ask the Road Transport Department and your doctor.

Some insurers give a discount for a dashcam or a driving-data device, most do not. There is no Cyprus rule. Ask, and read what data the device collects and who sees it.

It is an add-on that keeps your discount after one or more claims, within limits. It usually protects the discount percentage, not the final price, which can still rise for other reasons. Whether it is worth it depends on your own scale and the cost; ask in writing how it works.