I just received our annual car insurance quote. The car is 5 years old now, so it’s getting on a little bit. But other than the extra year of age, nothing has changed on our end.

From the insurer’s side, the amount the car is valued at has dropped $5,500. Sure, I understand depreciation. That’s fine.

But despite this, the premium has increased $500 this year. After it increased that amount last year as well.

The whole system is disgusting. It’s a rort.

Worst part is that the boy turns 16 this year and wants his licence. Not sure how we’re going to cover that price increase.