Weird insurance
- Thread starter Jasonn
- Start date
It just gets more bizarre - greenlight no longer insure BMWs (according to their website)
Adrian flux took my details, then couldn't get near the nearest quote so transferred me to "Bewiser" who took all my details (again) then transferred me to sales who had the car details but nothing else and tried to quote on non business use (Inc no commuting) so had to go through the whole f**king offered me a quote of nearly £700 and then advised that they'd need to go to the underwriter for the remap (but then said it'll probably put the price up).
Performance Direct quoted £900 and seemed proud of it!
Love the car, hate the insurance (20+ years ncb, no claims, no points/convictions)
Adrian flux took my details, then couldn't get near the nearest quote so transferred me to "Bewiser" who took all my details (again) then transferred me to sales who had the car details but nothing else and tried to quote on non business use (Inc no commuting) so had to go through the whole f**king offered me a quote of nearly £700 and then advised that they'd need to go to the underwriter for the remap (but then said it'll probably put the price up).
Performance Direct quoted £900 and seemed proud of it!
Love the car, hate the insurance (20+ years ncb, no claims, no points/convictions)
Go to direct line and get a multi car policy if you have another vehicle, then add your home insurance as well. Excellent company, not the cheapest but nearly. More importantly the support you will receive when its needed is second to none.... AND they pay out, unlike most of the cowboys in this game.
Just renewed mine with Admiral on a multi car deal for the same quote as the OP.
£650 for Z4 35i, Q7 S Line and A3 Sportback. Saved nearly £250 switching from LV who had hiked this year's renewal by 10%.
LV did the same to my daughter (not yet 25) and hiked it by 10%, so she got a quote from Admiral and saved nearly £300 with higher annual mileage.
The agent from Admiral that I spoke to said that you can have multicar with different addresses as long as you are all (close) family... we saved another £100 by adding all 4 cars on the same multicar policy
I was told years ago never try to switch too close to the renewal date, insurers are suspicious that you are hiding something and trying to pass it on - not that you can hide much in these days of connected digital services. Martin Lewis recommends about 20 to 25 days before renewal date is the right time to get the best saving.
I suspect after today's anouncement that the same price needs to be quoted by insurers for existing and new customers must be the same will mean the loss of these new customer discounts :x
Cheers!
Andy
£650 for Z4 35i, Q7 S Line and A3 Sportback. Saved nearly £250 switching from LV who had hiked this year's renewal by 10%.
LV did the same to my daughter (not yet 25) and hiked it by 10%, so she got a quote from Admiral and saved nearly £300 with higher annual mileage.
The agent from Admiral that I spoke to said that you can have multicar with different addresses as long as you are all (close) family... we saved another £100 by adding all 4 cars on the same multicar policy
I was told years ago never try to switch too close to the renewal date, insurers are suspicious that you are hiding something and trying to pass it on - not that you can hide much in these days of connected digital services. Martin Lewis recommends about 20 to 25 days before renewal date is the right time to get the best saving.
I suspect after today's anouncement that the same price needs to be quoted by insurers for existing and new customers must be the same will mean the loss of these new customer discounts :x
Cheers!
Andy
ihadablackdog
Senior member
I think the moral of the story is that insurance companies use secret, non standard formulas to work out premiums...otherwise they would all be the same, surely?
If a company does a good price for your renewal, it doesn't mean they will be best for someone else.
And remember (especially with life insurance) to declare that you stubbed your toe on the corner of the bed when you were 5 years old. Fail to declare it and they may refuse to pay out when you try to claim for loss of leg due to attack by chainsaw wielding psycho, siting undeclared previous trauma to the limb.
If a company does a good price for your renewal, it doesn't mean they will be best for someone else.
And remember (especially with life insurance) to declare that you stubbed your toe on the corner of the bed when you were 5 years old. Fail to declare it and they may refuse to pay out when you try to claim for loss of leg due to attack by chainsaw wielding psycho, siting undeclared previous trauma to the limb.
In your position I'd be sorely tempted to see if anyone is able and willing to at least point out what factor is driving your premiums up. Until you know what it is you're shooting in the dark. May turn out that knowing what it is DOESNT give you any options - but perhaps worth a try?
I have in the past chucked spurious (incorrect) data into price comparison sites just to see how flexing one variable or another changes things. Never with any intention to actually use or apply the inaccurate stuff... but just to try to understand where the levers are.
I have in the past chucked spurious (incorrect) data into price comparison sites just to see how flexing one variable or another changes things. Never with any intention to actually use or apply the inaccurate stuff... but just to try to understand where the levers are.
I've done a little bit of tweaking... looks like it's my postcode - I used the postcode for a house two roads along and it went down by around £80, then I used my in-laws address (a village in Devon) and it went down to around £250 with business use!
I live on the border between Essex and London, the insurance companies must think it's the Bronx or something!
I live on the border between Essex and London, the insurance companies must think it's the Bronx or something!
I had one nightmare insurer.
Gave me good quote, paid up three weeks before due. Same old story, pay now or it will go up.
They then asked for no claims evidence.
Current insurer couldn't until insurance ran out.
So new insurer threatened to add £100 if i didn't provide within 2 weeks.
Because bought on internet i cancelled it and had refund.
So now i leave it until the day before expiry.
Gave me good quote, paid up three weeks before due. Same old story, pay now or it will go up.
They then asked for no claims evidence.
Current insurer couldn't until insurance ran out.
So new insurer threatened to add £100 if i didn't provide within 2 weeks.
Because bought on internet i cancelled it and had refund.
So now i leave it until the day before expiry.
I got an online quote from Adrian Flux for £386 but phoned them up as they say 79% of people get a cheaper quote if they phone up. It went up to £542!! I then used GoCompare and LV quoted me £297. I use them for our other cars, and they were very good with the one claim my wife made. Interestingly, the quote was higher if I didn't say the alloys had been changed to non-standard alloys. Go figure.
An extra 1000 miles per year is only £8 more on the quote, so don't underestimate.
An extra 1000 miles per year is only £8 more on the quote, so don't underestimate.
I renewed my motorbike insurance with Carole Nash this week and was persuaded (didn't take much) to insure the Zed with them as well on their "Six Wheel" policy. This worked out as £206 fully comp for the car, 9yrs ncb.
HSBC / Budget Insurance had wanted £346 to renew the existing policy, last year it was £469.
A no brainer I think.....
HSBC / Budget Insurance had wanted £346 to renew the existing policy, last year it was £469.
A no brainer I think.....
Jasonn said:
Jeez! Do you live in downtown Baghdad? My E86 3.0Si is about £260 for the year (32 years old - 15 years ncb)
I’m similar age, work category and annual mileage also with 2k business use.
I’m insured with Aviva, was £188 at renewal in July for 23i and an additional £57 for changing to 35iS a few weeks ago.
Aviva offer 10% discount if you’ve got an other product with them. If you don’t already have one you can take very basic life cover out for something like £1.49 a month if need be to get the discount.
Both cars are stock.
I’m insured with Aviva, was £188 at renewal in July for 23i and an additional £57 for changing to 35iS a few weeks ago.
Aviva offer 10% discount if you’ve got an other product with them. If you don’t already have one you can take very basic life cover out for something like £1.49 a month if need be to get the discount.
Both cars are stock.
I think that living in a Borough which has the highest level of uninsured drivers in the country, with (very) easy access to M25, M11 and A406 combined with a road nearby was which is where stolen cars get left whilst their trackers die (and where large numbers of stolen cars are found) could be the reason.... Still it's near Epping forest
The insurance situation just gets weirder - got a quote from Admiral for £380 with a remap - all good, looked at the fine print, just before paying but the remap was for a maximum increase of less than 10% (so not worth it for no more than an 18bhp increase) increasing it by more than 26% resulted in no quotes from them, cheapest quote with a remap was hitting around £600.
Quote me happy wanted £360 with a £2k excess, finally got insured with Elephant (owned by Admiral) for £380 with legal cover and £800 excess and 9k mileage per annum. Not ideal as I wanted the map... Maybe next year
Quote me happy wanted £360 with a £2k excess, finally got insured with Elephant (owned by Admiral) for £380 with legal cover and £800 excess and 9k mileage per annum. Not ideal as I wanted the map... Maybe next year