Why your address matters for insurance pricing
Each postcode in the UK carries its own level of insurance risk. This risk level is based on data about:
The number of claims made in the area
Types of incidents (like theft, vandalism, and collisions)
Local traffic levels and road types
Weather-related risks and crime rates
If your new postcode has a higher risk profile than your old one, your insurance premium will increase—even if all your other details stay the same.
What is risk recalculation?
When you change a key policy detail like your address, Marshmallow will recalculate your premium using updated pricing models. This ensures your premium reflects the current level of risk.
Example: If you move from a low-risk village to a busy urban area with higher rates of theft or accidents, your premium may go up—even if you have never made a claim yourself.