Insurance premium increase........

  1. slim_boy_fat

    slim_boy_fat Forum Supporter

    I got my car insurance renewal quote in the post today - the current insurers are citing a figure with an increase over last year's premium of 37.45%. :mad:

    Policy-cover-wise, nothing has changed other than my getting a year older [along with the car]. :rolleyes:

    And so the "Dance of Discount" begins..........:banghead:
     
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  2. jimbo84 Member

    Messages:
    327
    Location:
    Chorley
    Trying it on, give them a bell and they’ll drop it massively. Or sack them off and go with somebody cheaper. Took great delight in telling the call handler when I called to cancel renewal that it was way too late for that when she said well straight away without looking at it I can reduce the renewal by £60, should have put that price in the renewal letter then shouldn’t you :doh:
     
    mike os and MattH like this.
  3. cheb Member

    Messages:
    137
    Location:
    Outer Hebrides
    Alternatively find a good broker who sort out the best policy for you each year.

    I use a company called A plan for van and home insurances.
     
  4. ibrooks Member

    Messages:
    947
    UK Lancashire
    I used to do the comparison sites and then tell the existing outfit where to stick it and likewise if they say they can beat the better quote I tell them too little too late on principle.

    But......

    For a good few years Sheilas Wheels have sent a renewal that I can't beat so they've had the repeat business (I still do the comparison sites as a matter of course to make sure). I sort of understood them being competitive on the daily driver as it's a "girly" car (MINI Convertible) but they've recently started to come out top for the toy which most certainly isn't "girly" (V8 Discovery 1).

    Having said that I'd be happy to meet a girl that's enthusiastic about old scruffy LandRovers ;)
     
    Hopefuldave likes this.
  5. slim_boy_fat

    slim_boy_fat Forum Supporter

    Too late, I'm sure KimB's spoken for. :laughing:
     
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  6. Hood

    Hood Forum Supporter

    Messages:
    7,915
    Location:
    Carnoustie, Scotland
    The majority of insurance companies will try that on at renewal, a lot of them try and get you on automatic renewal as well.
    I have been with GA for the last 5 or so years and the premium has hardly increased (2 different policies) over that time and it is the reason I have stuck with them, I still do a search anyway and find that they are very competitive. This year there seemed to be quite a jump but when I checked with go compare etc they were still in the mix, so looks like insurance in general has taken a jump. Having said that my increase was nothing like 30%, more like 5% if I recall.
     
    slim_boy_fat likes this.
  7. Wallace

    Wallace Member

    Messages:
    6,029
    Location:
    Staines, Middlesex, England.
    Come that big lottery win I will start my own insurance company!
     
    dobbslc likes this.
  8. Hood

    Hood Forum Supporter

    Messages:
    7,915
    Location:
    Carnoustie, Scotland
    You will be getting a kick in the knacks for that I think, saying KimB's Landy is scruffy :vsad:
     
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  9. slim_boy_fat

    slim_boy_fat Forum Supporter

    Iirc, it was before she brought it back to 'as new'. :thumbup:

    That I could live with, but the 'dance' seems to be necessary at every renewal time.

    Usually I do 'the comparisons' and present the current insurers with the best figure [often from Companies I've never heard of] which they match, or very close to. The reason I stay with them is that I have confidence that I'll get good service should it be needed.
     
  10. Hood

    Hood Forum Supporter

    Messages:
    7,915
    Location:
    Carnoustie, Scotland
    Almost saved yourself but you may still be in danger, best get the box out :D
     
    slim_boy_fat likes this.
  11. slim_boy_fat

    slim_boy_fat Forum Supporter

    I'm good at thinking on my feet. ;)
     
    Hood likes this.
  12. eLuSiVeMiTe

    eLuSiVeMiTe Forum Supporter

    Messages:
    6,496
    Location:
    Bedfordshire England
    Refreshingly mine has gone down a couple hundred quid without me prompting this year.
     
  13. zx9

    zx9 Member

    Messages:
    3,109
    Location:
    South East London
    To get the best quotes you need to be asking a month before renewal, insurance is like booking train tickets the more time you have the better price you get it at.
    I delayed picking up the 530 by four days and saved 30% over buying insurance the same day.
     
    Hopefuldave and slim_boy_fat like this.
  14. I tried to get insured on an ancient M reg Honda civic coupe. They refused to insure me, even though my 19 year old Son was insured on it with the same company. Now bear in mind I was 57 years old, no claims in over 30 years a clean license and had four other vehicles that do minimum mileage each year, insured with them, I was somewhat taken aback. My insurances were due for renewal with them anyway, so I started looking around.

    The phone rang and it was my insurance company. 'We've had a look at your request and CAN offer you insurance', albeit at a very expensive rate!

    Too late folks. I've got insurance much cheaper and am transferring to XYZ. So much for loyalty to your customers.
     
  15. ibrooks Member

    Messages:
    947
    UK Lancashire
    Apparently 21 days before renewal is the sweet spot for the lowest premium.
     
  16. owas

    owas Member

    Messages:
    1,316
    Location:
    Birmingham
    I'm in a tricky spot with mine, there's only 1 company that gives me 'cheap' insurance,
    So at renewal they could say w.e they wanted and I wouldn't have much choice, luckily it always goes down abit each year :laughing:
     
  17. Migmac

    Migmac Member

    Messages:
    2,895
    Location:
    Kintyre. Scotland
    Our golfs insurance has gone up £10, my fault ( 5 points)
     
  18. 4String. Member

    Messages:
    59
    Location:
    Weardale
    I contacted a company called Adelaide Insurance who claim to offer low premiums to HGV licence holders, irrespective of being a driver.

    Passed my Cat B in 1982, my HGV Class 1 in 1990, never had a claim, spotless licence, my daily ride is worth in the region of £300K, it regularly runs at up to 30 metres long and 5 metres wide, and I’m well into my 3rd (documented) round trip to the moon, mileage wise, but as I drive a Nissan NV200 van; “I’m very sorry Sir, we only offer insurance for cars, not vans.”
     
  19. Kayos

    Kayos Member

    Messages:
    4,273
    Location:
    Yorkshire
    As far as I can work out, insurance is vaguely based on postcode but is mostly just a random number
     
    Hopefuldave likes this.
  20. owas

    owas Member

    Messages:
    1,316
    Location:
    Birmingham
    Here's one,
    Sister started driving start of the year,
    Getting quotes on comparison site.
    6pm - £1900
    2am - £1200
    Same company, same details

    :dontknow::dontknow::dontknow::dontknow::dontknow::dontknow:
     
    slim_boy_fat likes this.
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