Not joined yet? Register for free and enjoy features such as alerts, private messaging and viewing latest posts and topics.

Annual insurance charade

"M" Specific discussion
User avatar
Mad Professor
Member
Member
Posts: 611
Joined: Sat Dec 20, 2014 7:38 pm

Annual insurance charade

Post by Mad Professor » Tue Oct 02, 2018 2:43 pm

So as usual Admiral quoted me a renewal price for my multicar package -and as usual i say i'm leaving as its gone up by 20%
And then as if by magic they go away -probably have a cup of tea or a fag - and then come back with a revised discounted quote which is the same as last year
Why don't they just cut to the bottom line to save this waste of time
Anyway upshot my M came in @ £123 and my Suszuki swift all grip @ £123
So i'm quite pleased with that outcome despite this silly game
Present : 987 Box
Past history : ,Z4MR ,Cat HPC evo , XKR , Eunos VR , Eunos VS, Westie S8 ,TVR S2 , S54 Z3MR, SL500 , TVR Wedge 4.6 , Cat Xflow , Saab 900 Turbo ,Cat VXE ,Cat BDR, Cat Twincam , Elan S3 , Haldane Healey, Lancia HF turbo

mmm-five
Lifer
Lifer
Posts: 12714
Joined: Sun Nov 30, 2008 1:03 pm
Location: Liverpool
Contact:

Annual insurance charade

Post by mmm-five » Tue Oct 02, 2018 3:15 pm

They do it simply because not enough people challenge it, so makes it worthwhile for them (much like spam emails).
Trigger’s Z4MC
Some bits now over 163,000 miles, some less than 1,000 miles.
Individual Ruby Black, Individual extended champagne leather, plus many options

Image

User avatar
ph001
Lifer
Lifer
Posts: 3870
Joined: Mon Oct 31, 2016 5:53 pm
Location: N. Yorkshire.

Annual insurance charade

Post by ph001 » Tue Oct 02, 2018 3:16 pm

Same old same old. They rely on people being lazy to make a stack of cash. Tried and tested in the industry I'm afraid. RAC / AA the same, energy companies the same, SKY / Virgin the same.
2007 E85 Z4 3.0Si manual :driving:
19" CSL's | Eibach Springs | Aeroskirts | Z4M front bumper | Clear brake light | ZHP | RCH+| Stubby

2004 E46 M3 coupe manual - gone but not forgotten.

Image

User avatar
adam1985
Member
Member
Posts: 573
Joined: Fri Apr 04, 2014 12:23 pm
Location: Newcastle upon Tyne

Annual insurance charade

Post by adam1985 » Tue Oct 02, 2018 4:29 pm

Only 20% they tried to increase our multicar policy by £450 to over £1k, nearly 40% more than the previous year. After the usual discussion and providing quotes from others i got it back down to practically the same as last year with both cars and drivers for around £600.
57 BMW 3.0si sport Coupe, Carbon Black, Bilstein B12 Suspension, CSL reps & style 339s for winter - Current
10 Skoda Fabia mk2 vRS, Rallye Green, Black Roof, Black Gigaro Alloys - Gone
08 Fiat Grande Punto Dynamic Sport, Red, Dual Sunroof - Gone

User avatar
JamieZ4C
Member
Member
Posts: 749
Joined: Thu Mar 08, 2018 3:17 pm
Location: Hampshire

Annual insurance charade

Post by JamieZ4C » Tue Oct 02, 2018 4:34 pm

Yep, I can vouch for Admiral discounting renewals without exception, I've managed to get minimum 10% off every time.

Good thing is insurers now HAVE to put last year's premium on the renewal notice. So now you can see how much they're trying to rinse you for. They must hate that :rofl:
Image

User avatar
Mad Professor
Member
Member
Posts: 611
Joined: Sat Dec 20, 2014 7:38 pm

Annual insurance charade

Post by Mad Professor » Tue Oct 02, 2018 6:22 pm

Yes i also spotted the old vs new renewal price on the quote haha -so when they asked me how much i had been quoted elsewhere i just made up a number close to the old quote .
Then they gave me some BS about loyalty discounts on my legal protection . FFS -Why don't they just say no porblem well give it you for what it was last year as want your business and be done with it . And they had to send me an email to confirm the new price and change all the documents on line . Bonkers .
Present : 987 Box
Past history : ,Z4MR ,Cat HPC evo , XKR , Eunos VR , Eunos VS, Westie S8 ,TVR S2 , S54 Z3MR, SL500 , TVR Wedge 4.6 , Cat Xflow , Saab 900 Turbo ,Cat VXE ,Cat BDR, Cat Twincam , Elan S3 , Haldane Healey, Lancia HF turbo

User avatar
buzyg
Legend
Legend
Posts: 26386
Joined: Fri May 20, 2011 6:11 pm
Location: Cornwall

Annual insurance charade

Post by buzyg » Tue Oct 02, 2018 6:40 pm

Oh yes. Direct line do exactly the same. :roll:
Image

User avatar
srhutch
Moderator
Moderator
Posts: 26959
Joined: Tue Jun 19, 2007 1:22 pm
Location: East Sussex, UK
Contact:

Annual insurance charade

Post by srhutch » Tue Oct 02, 2018 7:12 pm

My admiral renewal went up from just over £400 to £470. After call get £50 off and £50 for removing wife from zed, so £368 for two cars. Zed com8ng in at £168
Image

User avatar
ronk
Lifer
Lifer
Posts: 14190
Joined: Tue Feb 24, 2009 11:50 am
Location: Durham

Annual insurance charade

Post by ronk » Tue Oct 02, 2018 7:43 pm

Ive just had the same with House and Contents insurance - up by 18% - I walked away. Loyalty doesn't exist in the insurance world !
You don't stop playing when you get old - You get old when you stop playing!
So I bought a 35is with all the toys to play with. :thumbsup:

Angelus666
Senior Member
Senior Member
Posts: 2257
Joined: Sun Aug 31, 2014 4:33 pm
Location: Essex
Contact:

Annual insurance charade

Post by Angelus666 » Tue Oct 02, 2018 8:39 pm

Can't believe anyone hasn't said it already....you only pay £123 for your MR....how the f is it that low?! Do you live in Fort Knox?!

User avatar
Mr Tidy
Legend
Legend
Posts: 23575
Joined: Wed Jul 02, 2014 12:18 pm
Location: North West Surrey

Annual insurance charade

Post by Mr Tidy » Tue Oct 02, 2018 8:48 pm

Happens to me every year with both cars and the house. This year I looked at my RAC Renewal properly and got a quote from the AA which was much cheaper - until the RAC agreed to beat it! :headbang:

And yes, £123 for an M seems like a bargain - I pay nearly 3 times that for my 3.0Si (with our forum recommended provider). :o
Coupes because stunning!
Current - Silver Grey MC, Imola Red heated Nappa & carbon trim. Aeros, H & R Coil-overs, 224s, OE Strut brace, Nav, cup-holders, DSP Hi-Fi, pdc, cruise, MFSW, no CDV! E90 330i daily
Gone - Montego Blue
Gone - Ruby Black

User avatar
Optinium
Member
Member
Posts: 90
Joined: Mon Jun 12, 2017 12:21 am
Location: Warrington
Contact:

Annual insurance charade

Post by Optinium » Tue Oct 02, 2018 8:51 pm

lol holy crap, I pay over £600 garaged, ok thats with the best roadside assistance package on any car I'm in and with a couple of SP30's but still thats super cheap, cheaper then my Abarth 500 and still cheaper then my older MX5's which were on classic car insurance with barely any miles per year 0_o

Youtube: Car Beard Instagram: its_car_beard
Current: 2015 F-Type R RWD, 2022 Tucson N-Line S

Gone: 2021 GR Supra Pro 2007 E86 Z4MC 2016 F-TYPE R AWD Convertible, 2014 F-TYPE V6S, 2007 E86 Z4MC, 2010 E89 Z4 23iSdrive

User avatar
Adam D
Senior Member
Senior Member
Posts: 1858
Joined: Mon Oct 15, 2007 2:06 pm
Location: Langdon Hills, Essex

Annual insurance charade

Post by Adam D » Tue Oct 02, 2018 9:58 pm

Renewed with elephant at £209, they wanted £258 but forgot to apply my loyalty discount. Must be getting old 😜
Silver Grey 2007 Z4MR which needs to be driven more :evil: :P :cool: :D :thumbsup:

User avatar
ronk
Lifer
Lifer
Posts: 14190
Joined: Tue Feb 24, 2009 11:50 am
Location: Durham

Annual insurance charade

Post by ronk » Tue Oct 02, 2018 11:57 pm

Amazed at the premiums some pay.

Now 70 with max ncb, no points, garaged, 6k / annum , decent non city area / retired. Yet still I pay £350ish for a 35is (2016)

What am I doing wrong ?
You don't stop playing when you get old - You get old when you stop playing!
So I bought a 35is with all the toys to play with. :thumbsup:

User avatar
Crazy Harry
Senior Member
Senior Member
Posts: 1689
Joined: Fri Jan 13, 2017 12:32 pm
Location: Breckland Norfolk

Annual insurance charade

Post by Crazy Harry » Wed Oct 03, 2018 8:53 am

ronk wrote: Tue Oct 02, 2018 11:57 pm Amazed at the premiums some pay.

Now 70 with max ncb, no points, garaged, 6k / annum , decent non city area / retired. Yet still I pay £350ish for a 35is (2016)

What am I doing wrong ?
Take it out of the garage! I was quoted less to keep one of mine on the drive than in the garage :lol: ... now how does that stack up?

Post Reply