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car insurance renewal-possible rip off.


james0james

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Ok car insurance renewal time,again.(where has the year gone !)

Existing company ask for renewal of £730 ok its new car so i reckon maybe correct.

Do the usual comparasion site search and the lowest with same cover is £503 (looked dodgy thou) quiet a saving,so i scroll through all the quotes to find my existing company and they quote £599

Phone my existing company and ask for the lower internet quote of £599 they kindly reply that quote inclides an introduction/new business discount,so i kindly told them not to renew my car insurance and i will buy elsewhere.

So waited for my insurance to expire at midnight and renewed it 2 minutes later online

with my existing company same conditions (different underwriter) and took advantage of the introductory/new business discount  :clap:.

 

Car insurance is a legal requirement why are we ripped off,why ?. :swear:  why ?.

 

Going down the pub with my £131 to spend  :strong:   :beer:  :cocktail:  :drunk:  :happy:

 

 

 

 

 

 

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Normal unfortunately - I was told years ago to never stay loyal to the same company as they will just rip you off (for "normal" insurance -  for specialist or modified vehicles then the choice is more limited of course) with no consideration for loyalty.

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I've had quite the opposite over the last couple of years.

 

I'm with Sky Insurance and have been for around 8 years. My renewal came through a couple of weeks ago.

 

All price comparison sites have not been able to beat my renewal price.

 

Phoned around a few brokers, only Adrian Flux (sponsor on here) could better it, and only by £15. Phoned Sky up and they agreed to price match there and then. Job done.

 

This is how it should be. Repeat custom seems to be valued with Sky.

 

Worth giving them a call?

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That was the usual for many years. Last two years my renewal has been pretty much the same as the lowest prices I can get through any comparison site.

Maybe a £5 difference at most.

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NO loyalty for us the long suffering customer, so make damned sure you hold no loyalty to any of them either with their offers of free fluffy toys and customer care utter nonsense.

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Why has insurance gone up soooo much , my golf last year was £170 fully comp , this year £239 cheapest the AAwhich was £170 last year now £250 ?

'Cus they simply CAN, simple as. Totally price orientated and non regulated or control for OUR interests at all, only they'll come back spouting the usual crap of higher risks claims and costs due to blah blah blah snore.zzzzzz.  :devil:

 

Just like the Gubbermunt, they dictate, we have to obey.

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I've had quite the opposite over the last couple of years.

 

I'm with Sky Insurance and have been for around 8 years. My renewal came through a couple of weeks ago.

 

All price comparison sites have not been able to beat my renewal price.

 

Phoned around a few brokers, only Adrian Flux (sponsor on here) could better it, and only by £15. Phoned Sky up and they agreed to price match there and then. Job done.

 

This is how it should be. Repeat custom seems to be valued with Sky.

 

Worth giving them a call?

 

I'd agree with the above as it mirrors my experience with Sky over the last few years...   they seem a good bunch to deal with and competitive

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I'd agree with the above as it mirrors my experience with Sky over the last few years...   they seem a good bunch to deal with and competitive

Duly noted for next year. a RARE beast indeed if true.

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Why has insurance gone up soooo much , my golf last year was £170 fully comp , this year £239 cheapest the AAwhich was £170 last year now £250 ?

 

Some of it is inflation, some of it is tax, some it is personal injury claims and some of it will be plain old profiteering.

 

 

Why are costs rising?

The AA puts the rising cost of motor insurance partly down to a tax hike imposed last year (see the Insurance premiums soar for millions MSE news story). The standard rate of Insurance Premium Tax – the tax paid each time an insurance policy is purchased in the UK – increased from 6% to 9.5% on 1 November 2015, as announced in the Summer Budget.

Michael Lloyd, director of AA Insurance, says personal injury claims – particularly those for whiplash – also continue to "haunt" the industry. It's estimated false and exaggerated claims add around £50 to the cost of every policy.

Research by AA Insurance last year suggested 11% of drivers thought it acceptable to make an insurance claim for an injury following a collision, even if none was suffered.

Mr Lloyd said: "The sooner new legislation to tackle whiplash claims becomes enshrined in law, the sooner that will be reflected in the premiums quoted for car insurance."

 

I'm up about £100 on a few years ago despite still living in a low risk area and driving a lower group car and I've had no claims other than one windscreen.

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  • 2 weeks later...

I've had quite the opposite over the last couple of years.

I'm with Sky Insurance and have been for around 8 years. My renewal came through a couple of weeks ago.

All price comparison sites have not been able to beat my renewal price.

Phoned around a few brokers, only Adrian Flux (sponsor on here) could better it, and only by £15. Phoned Sky up and they agreed to price match there and then. Job done.

This is how it should be. Repeat custom seems to be valued with Sky.

Worth giving them a call?

Had the same from "Mr Wolf" last year.

None of the other companies, or comparison sites came close. Renewal was the same as a new customer.

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  • 3 weeks later...

Have you tried us for insurance yet? If you wanted to PM me I'd be happy to arrange a quotation for you.

Kind Regards

Dan

 

Just thought I would feedback my experience. Two years in a row I have found dealing with Adrian Flux a complete waste of time.

 

Last year the quote was over twice the quote I settled for (not the cheapest, but what I deemed to be the best) on hold I heard the brokers laughing about the fact that I was trying to insure a Skoda and I proceeded to hear every Skoda joke under the sun. A bit rich for a forum sponsor.

 

This year went through it again only to get a quote over a third more than my renewal (closer though I suppose) from the 'in house' underwriters with a promise of a better quote when other underwriters were consulted.

 

Guess what? - heard nothing

 

Believe me when I say I shall not be bothering a third time.

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Remember one thing if you ever buy a new car.

 

Your initial premium will be based on the RRP of your car.

 

After a year, your car is worth at least 20% less than it was a year ago; if your insurer hasn't taken that into account when calculating your renewal premium then walk away.

 

They're crafty devils.  You insured a £30,000 car for £700 last year, this year (with an extra year's NCB) you are now insuring a £24,000 car for £750.

 

At least **** Turpin had the good grace to wear a mask.

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Remember one thing if you ever buy a new car.

 

Your initial premium will be based on the RRP of your car.

 

No.

 

It wont be.

But hey, don't let the facts get in the way of spouting rubbish.

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  • 2 weeks later...

No.

 

It wont be.

But hey, don't let the facts get in the way of spouting rubbish.

 

Well, when the time to renew insurance on my daughter's 2009 Ibiza came and no renewal letter had been received, as my daughter is currently working abroad, I got my wife to phone them (Hastings - her best choice years ago!) - the renewal was a bit steep, so they tried to trim it down to suit that car "current value of car £9785 ?"  - well there you go, some of them are using that initial value of the car as part of the facts to fix the premium, while obviously being happy to write that car off of repairs came near ??% of its current open market value!  That value got changed quickly to something a bit more sensible and the premium dropped. I need to remember this for our own cars next year at renewal time!

Edited by rum4mo
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Well, when the time to renew insurance on my daughter's 2009 Ibiza came and no renewal letter had been received, as my daughter is currently working abroad, I got my wife to phone them (Hastings - her best choice years ago!) - the renewal was a bit steep, so they tried to trim it down to suit that car "current value of car £9785 ?"  - well there you go, some of them are using that initial value of the car as part of the facts to fix the premium, while obviously being happy to write that car off of repairs came near ??% of its current open market value!  That value got changed quickly to something a bit more sensible and the premium dropped. I need to remember this for our own cars next year at renewal time!

But you try getting a payout on the bases of "our insured value" rather than "actual current value" even though OIV was the basis the premium was quoted on!

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Oh yes as always I'd only ever expect them to base a settlement on the lowest value, there might be some mugs around with crazy ideas of their car's current value on open market - but I don't intend to be one of them, conversely, if I offered, at time of renewal, a value of £2000 for a car that in theory could be bought without trade in for £4000, then it would be my stupid fault if then at the time for a settlement, I was offered round about £2000 as that had been the figure I had given to secure a low renewal premium!

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Car value at insurance renewal time,to be honest i use to guess the value and often just reduce the value around £1k.

 

Now with lots of car valuations sites (free) on the internet, get 3 valuations print them out and keep,work out the average and use that figure at insurance renewal time,shocked to say in the past i have over valued my cars so paid more insurance.

 

Dont let the rooks win.

 

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Just looked at my renewal on multicar policy Renewal is just over 50% more than last years with no claims or anything to note other than my policy existing on their server. I go on their site as like others I normally see a lower quote, but it was 90% more than last years :o As typically miffed off as I am, at least they seem to be offering some discount for loyalty (im not loyal though). Direct line refused to even quote me for one car, then Admiral quoted me the lowest but still about 40% more than I paid last year (slightly better policy though).... Will call and see what they can chin off tomorrow hoping for an end of month quota filling discount, but not holding my breath. Only have 2 cars for the last year to give me time to decide which to keep and I have gotten used to the flexibility of 2 now and still can't decide which I would rather keep... 

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  • 2 weeks later...

My renewal by one of the sponsors on here has increased by £10 over the year. But then the Broker has decided to add on £45 for policy document fee, reduced to £20 when I complained. Sorry, AF- it's not on, as it puts premiums for me up there with ones from compare the market. So- my rip off is a policy of £187 with a broker fee of £45 or even £20 for issuing a policy, where ,as I believe it, the insurance company pays th broker a fee to introduce me as a customer.

Perhaps ,these days , Rip off might like to give AF some FREE publicity.

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