Author Topic: Ridiculous insurance renewal costs  (Read 15038 times)

5thcivic

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Re: Ridiculous insurance renewal costs
« Reply #90 on: August 21, 2022, 07:47:34 PM »
Just insured an EX due on Sep 1st for £265, max no claims, protected, one other named driver, £300 excess with LV in the Midlands.

Mike 55

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Re: Ridiculous insurance renewal costs
« Reply #91 on: August 26, 2022, 04:20:44 PM »
Just insured my Crosstar with LV, due on Sep 25th, max no claims, protected, one other named driver, £250 excess, living in Cardiff. Last year was £259, renewal quoted this year was £281.
MoneySuperMarket.com were quoting £216 with LV so I rang LV. Talked to a very helpful chap who adjusted a couple of policy details so we were comparing like with like and we settled at £226.

JimSh

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Re: Ridiculous insurance renewal costs
« Reply #92 on: August 31, 2022, 11:00:51 AM »
Renewal reminder in from LV this morning. -----£4 less than last year.

Edit
Just saw the post above from Mike.
Might try that although given that it's a reduction from last year it seems a bit cheeky.


« Last Edit: August 31, 2022, 02:41:09 PM by JimSh »

pebbles

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Re: Ridiculous insurance renewal costs
« Reply #93 on: August 31, 2022, 02:29:37 PM »
just changed to LV for the Mk3 Sport , £154 after a bit of negotiation.
Have the house insurance with them and Boundless club discounts.

I added business use as I do a few gardening jobs in my semi retirement and the quote came out a quid cheaper ! Could this be that they assumed I was retired and then changed it to self employed.

Have any members recently retired ? , how did this affect your premium ?

Karoq

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Re: Ridiculous insurance renewal costs
« Reply #94 on: August 31, 2022, 02:53:42 PM »
I've been retired since the age of 47, I am now 76. Never made any difference to premiums.
i tried LV for my HR-V e:HEV and they were ridiculous. well Over £300. got it in the end from AVIVA for £285.
These insurance companies make it upas they go along.
My Karoq was group13 and cost me £280 and the HR-V is group 31 and costs £285!
If anyone can explain THAT logic, I would love to hear it!
Dip Mech Eng (automotive)

davejazz

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Re: Ridiculous insurance renewal costs
« Reply #95 on: October 01, 2022, 03:53:12 PM »
Just had my renewal offer from LV, which came in at £265. Last year I paid £215, for my MK.3, 2016EX.

I went onto moneysupra to compare the prices, and didn’t find anything better. Indeed, the prices went as high as £2300  :o .  I did the check 23 days before the start date, as I believe that is the optimum timing.

Potted version of policy details.

Max. No claims, north Manchester postcode, policy holder and spouse both 73+, daughter and husband 50’s,
So that is 4 drivers, no protected no claims, an additional £250 on any claim, car is a 22 plate EX.

So, I had a look at my last year policy document, and discovered that my declared mileage was up to 10,000.
I don’t expect to do that many, so I phoned LG, to declare 6000 miles. Three minutes later, a new price.

£223.

The morale of this, is don’t sign up for auto renewal,(but you knew that)!

Lord Voltermore

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Re: Ridiculous insurance renewal costs
« Reply #96 on: October 01, 2022, 05:07:01 PM »
Yep ,having a declared mileage higher than you need can  add a lot to the premium.   On the downside doing more miles than you declared  could  make the insurers equally determined not to pay your claim.

I declared 12k miles as I usually do about that.  I could have got a cheaper  quote with lower miles.  The car is now a year old and only did 8K miles  >:(  but thats because I decided to use my other car for a couple of long trips because it had all season tyres.       I now have all season tyres for the Jazz so its likely to do nearer 12k miles so I wont change it.


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stiggysawdust

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Re: Ridiculous insurance renewal costs
« Reply #97 on: October 01, 2022, 08:01:31 PM »
My best quote was from LV  and just taken out a policy with them.
2020 Honda Jazz 1.5 i-MMD Hybrid EX Midnight Moonbeam Blue Metallic

John Ratsey

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Re: Ridiculous insurance renewal costs
« Reply #98 on: October 01, 2022, 08:22:00 PM »
I phoned up LV yesterday to change my insurance from the Crosstar to an HR-V. Phone answered quickly, process very smooth and it cost me £15.58 of which £15 was the admin fee.
2022 HR-V Elegance, previously 2020 Jazz Crosstar

njf16154

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Re: Ridiculous insurance renewal costs
« Reply #99 on: October 05, 2022, 08:52:40 AM »
So this year's renewal quotes have just come in for me with my Crosstar and my wife's Hyundai i10. We're both with GA and have been for several years. The i10 has gone up by 8% and my Crosstar by 36%  :o By switching to the AA we'll essentially pay the same as last year and save about £100 - no brainer really ::)

Kremmen

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Re: Ridiculous insurance renewal costs
« Reply #100 on: October 05, 2022, 09:43:02 AM »
What I don't get with these companies is, you have a good record, no claims for many many years, so the likelihood is it's money in the bank for them but they force you away with a silly quote.

Is this computer driven as when you phone they can correct it.
Let's be careful out there !

Karoq

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Re: Ridiculous insurance renewal costs
« Reply #101 on: October 05, 2022, 10:00:50 AM »
Aviva promise to treat existing customers the same way as new ones.
So many Insurance companies think "We have had this sucker for years so we'll rip him off and he'll never notice."
Well this sucker does!!
My HR-V e:HEV cost me £285 when I went on telephone only policy with Aviva via the Meerkats. To transfer from my Karoq to the HR-V on the same Aviva policy it went from
£252 to £379!!!! :o
Dip Mech Eng (automotive)

Lord Voltermore

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Re: Ridiculous insurance renewal costs
« Reply #102 on: October 05, 2022, 11:24:05 AM »
So when the regulations changed they panicked, with many giving silly quotes or refusing cover completely .Appeared to lay low for a while , and now sneaking back to their old ways, hoping customers wont notice and the government  too busy with other problems to notice  either. 

To be fair premiums wont be immune from inflation/ wage increases. 
  Trust a dog to guard your house  , but not your sandwich

ColinS

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Re: Ridiculous insurance renewal costs
« Reply #103 on: October 05, 2022, 11:41:54 AM »
Aviva promise to treat existing customers the same way as new ones.
This is law for all insurance companies since the regulations changed.  It does mean that they can treat new customers the same as existing ones though, if you see the subtle difference.  Although that would probably put new customers off, which was the whole point of the regulation change, to keep prices competitive.

What I will add is that it is not all about money.  You could pay a premium of £100 per year but if the company was difficult to deal with or didn't pay out, you are wasting your money.

I will stick with LV unless things drastically change.

Nicksey

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Re: Ridiculous insurance renewal costs
« Reply #104 on: October 05, 2022, 01:28:06 PM »
I am with Direct line. When I swapped the 21 plate Clio S-Line (TCE100) to the new EX Style Jazz, our insurance went up from £267 to £272 per annum. This is fully comp, no claims protected etc. I was very happy with that.

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