Car insurer taking mick

stevec said:
Insurance done. Managed to get a multi car insurance and only cost £240.
Never gonna use previous insurance company again.
Thanks Steve
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Well done Steve nice one we use aviva for our other cars with multi car policy they try it on every renewal by putting it up 20% plus but if you ring and have a winge they bring it back down ...same old same old no loyalty anymore ..we both have well over 45 years no claims ..but it does not really count you still have to battle ...
 
Can't help but feel insurance is mostly a scam nowadays - haggled it down a bit but original quote was same as year before... mind I'm only down to 3rd year insurance with 2 years no claims - first year was an eye watering 1200quid, old A2 i had I paid 750£ for. "auto" extension after first year was 1700£ for a year :D (Admiral) it is just silly, calling up that magically dropped to 550...

Bit of haggle over phone and they drop price a bit, seems they have a lot of wiggle room most of the time however try to beat price comparison quote by as little as they can get away with, free money i guess.
 
I was lead to believe from an insurance broker friend of mine that they are putting 3rd party F&T up to more than fully comp to try and stop people going for the cheap option, and instead getting fully comp.
He also told me that insurance companies use repeat insurers as 'Sucker policies' as they don't shop around and their higher premiums off set the newer customers cheaper deals.
Once I heard that I started shopping round every year, and every year I get it cheaper than staying with existing insurer.
SO, in short, don't be a sucker, shop round and play them off against each other, or you may as well wave good bye to hard earned cash.....
Sermon over.
 
Clackers said:
I was lead to believe from an insurance broker friend of mine that they are putting 3rd party F&T up to more than fully comp to try and stop people going for the cheap option, and instead getting fully comp.
He also told me that insurance companies use repeat insurers as 'Sucker policies' as they don't shop around and their higher premiums off set the newer customers cheaper deals.
Once I heard that I started shopping round every year, and every year I get it cheaper than staying with existing insurer.
SO, in short, don't be a sucker, shop round and play them off against each other, or you may as well wave good bye to hard earned cash.....
Sermon over.
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Fully comp has usually been cheaper than 3rd party for most policies for quite a number of years now. First year of policy will tend to be a loss leader on cheapest quotes and then hope that you don't shop around after the first year. Overall car insurance has not really been a profitable business for a number of years. They will also try to make more money by trying to sell you add ons or charges for changes in circumstances etc. Also if you do need to claim not all insurers have the same customer service or t&c etc so cheapest may not always be best in certain circumstances.
 
From: https://www.moneysavingexpert.com/car-insurance/

Getting insurance 20-26 days ahead is the optimum time and can save £100s

Recent MSE investigation in which more than 50 million quotes were analysed from the three biggest price comparison sites – Confused.com, Compare The Market and MoneySupermarket – has revealed buying your car insurance 24 days ahead of the start day can save you £100s, compared with buying it too early or leaving it until the day before or on the renewal day.

Based on an average price, the cheapest time to buy your policy is 20-26 days before the start date, with the price differences closely aligned to how much of a risk you're deemed to be, and when the highest number of insurers will provide quotes (see the full price investigation).

Our analysis showed a policy costs an average of £1,218 a year on renewal day, but 24 days earlier the average is just £672 a year - a MASSIVE £546 difference.

So, if you are already within the 20-26 day period, act now as the price tends to increase closer to the start date of the policy.
 
Just took the ESure quote yesterday off a comparison site, for £401. My A4 is with them and was £570 for the year, with 10 years no claims, clean license and parked on a driveway overnight .

My 2014 Swift Sport was only £256 for the year, with a much higher value than either of my Audis and a damn sight quicker across country than the A2 and probably not far off the real world pace of my A4 on twisty roads. I'm sure the insurers load premiums just because of the badge and not real world risk factors.
 
B7and8Z said:
Just took the ESure quote yesterday off a comparison site, for £401. My A4 is with them and was £570 for the year, with 10 years no claims, clean license and parked on a driveway overnight .

My 2014 Swift Sport was only £256 for the year, with a much higher value than either of my Audis and a damn sight quicker across country than the A2 and probably not far off the real world pace of my A4 on twisty roads. I'm sure the insurers load premiums just because of the badge and not real world risk factors.
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I suspect you're 100 per cent correct! :(
 
My Insurance cam up for renewal with admiral, went from £200 to £240, checking on the 3 comparison sites, nearly all came back at £200. Called them to remind them there were no changes to circumstances so could not justify hike, they said they may bet able to get down to £200. They asked if I'd consider multi policy, I said i just wanted them to lower my current rate on the car, they asked again saying may be further savings....my Boxster was at £380 per year, changing to their multi policy reduced my Boxster to £120 AND £110 for the Audi A2, never realised there was such a difference, so savings all round. Deffo check comparison sites first though.
 
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