Car Insurance

T

TSSeasider

Well-known member
Was reading about car insurance going through the roof recently.

Looking to renew.

60% up from last years and that's going through every single comparison website etc- no changes. That's 25 years+ driving license, 15+ years NCD, no points etc etc

Now it's either to do with making up for lost earnings during Covid, or it's because claims are more expensive with more electric cars - or it's profiteering.

Stings.
 
TSSeasider said:
Was reading about car insurance going through the roof recently.

Looking to renew.

60% up from last years and that's going through every single comparison website etc- no changes. That's 25 years+ driving license, 15+ years NCD, no points etc etc

Now it's either to do with making up for lost earnings during Covid, or it's because claims are more expensive with more electric cars - or it's profiteering.

Stings.
Click to expand...
Going through the roof is covered by house insurance.
 
TSSeasider said:
Was reading about car insurance going through the roof recently.

Looking to renew.

60% up from last years and that's going through every single comparison website etc- no changes. That's 25 years+ driving license, 15+ years NCD, no points etc etc

Now it's either to do with making up for lost earnings during Covid, or it's because claims are more expensive with more electric cars - or it's profiteering.

Stings.
Click to expand...
Agreed, I renewed mine about 3 weeks ago. It was £560 from £350 (including breakdown cover), so not just me then.
I was a company car driver until I semi retired 3 years ago, so I haven't got the same no claims.

I was with Direct Line, who I've always been happy with. They were even competitively priced until this year
The reason they gave was that claim costs have been much higher, which sounds a bit of a generic answer to me

When I phoned them, they said they could reduce it by £45, but I managed to find a much better price on a comparison site
I've ended up with "One-call" (looked them up ,seem ok but i'd never heard of them) for around £450 including breakdown / legal cost cover.

BTW - the price was £100 less by including Mrs Dave on the policy. I found it odd that it cost £100 more in only my name!
Have you already tried including the other half on your policy ?
 
It is a scandal, you buy a car, insure it for the value you bought it for, a year later it’s depreciated, yet premiums increase. If it was a new car it’s even worse.
 
Dave62 said:
Agreed, I renewed mine about 3 weeks ago. It was £560 from £350 (including breakdown cover), so not just me then.
I was a company car driver until I semi retired 3 years ago, so I haven't got the same no claims.

I was with Direct Line, who I've always been happy with. They were even competitively priced until this year
The reason they gave was that claim costs have been much higher, which sounds a bit of a generic answer to me

When I phoned them, they said they could reduce it by £45, but I managed to find a much better price on a comparison site
I've ended up with "One-call" (looked them up ,seem ok but i'd never heard of them) for around £450 including breakdown / legal cost cover.

BTW - the price was £100 less by including Mrs Dave on the policy. I found it odd that it cost £100 more in only my name!
Have you already tried including the other half on your policy ?
Click to expand...
I can't help but think we're getting done over.

And yep, I've included MrsTSS and it's still ridiculously high.
 
We was with the AA they were putting it up £130 I rang bp and got for the price I paid last year to AA £264 fully comp for me and the hubby. Maximum no claims
 
Threepeaksphil said:
The Spanish have got a much better car insurance scheme. You insure the car and anyone with a valid license over 26 car drive it. Very sensible
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So a raving schizophrenic alcoholic on cocaine can be insured for the same price as someone who's never returned a library book late, so long as they have a valid licence.

"Very sensible"
 
Mine went from £300 to £500, and that was the best deal on comparison sites, no changes in risk, and on a car of a lower insurance group!

Absolute rip off
 
southshore said:
Mine went from £300 to £500, and that was the best deal on comparison sites, no changes in risk, and on a car of a lower insurance group!

Absolute rip off
Click to expand...
Best guess, this is electric cars for you.

Crash into a £50,000+ Tesla, even in a relatively minor incident, there's a high chance the car gets written off, there and then, because nobody is willing/able to certify that it is safe to continue using the battery.
 
Lost Seasider said:
So a raving schizophrenic alcoholic on cocaine can be insured for the same price as someone who's never returned a library book late, so long as they have a valid licence.

"Very sensible"
Click to expand...
if you drive in spain on a regular basis you kind of notice most people drive like raving schizophrenic alcoholics on acid.

you still have the same issues with insurance companies here gouging the pricing, i stayed with the same company for over ten years and didn't really pay much attention to what the premiums were, about three years ago got my quote which seemed astronomically high, called them, which was difficult because they don't really have service centres, but they call me once a fortnight to sell some other shit, did a search as a new customer with all the same details and it was more than a thousand euros cheaper. Changed it to another company at more than 1100 euros cheaper.

Theres a piece of research that shows insurance companies once you go past three years of being a customer will ramp up the premiums on the assumption that you are a customer who doesn't shop around its actually called the loyalty premium and its an established practice. Theres a similar thing in banking and telecoms and health policies as well. the problem is most of the common insurance policies are loss leaders as a customer attract mechanism.
 
Lost Seasider said:
Best guess, this is electric cars for you.

Crash into a £50,000+ Tesla, even in a relatively minor incident, there's a high chance the car gets written off, there and then, because nobody is willing/able to certify that it is safe to continue using the battery.
Click to expand...

Nope, not electric
 
Just got mine through, £422 last year £645 this year. When I called the guy said repairs have gone up.
were being had over.
 
Said this last time. Look at Martin Lewis tips when using comparison sites & sometimes by just changing the wording slightly (not lying) can effect the price & do it around a month before your current policy expires, they get more expensive as you get closer to the renewal date as they know you will not have time to mess about much longer. It’s still a minefield though.
 
It's nothing more than to pay the for the shareholder's cost of living increases. Champagne and Oysters are not going down in price you know.
 
Goose said:
Just got mine through, £422 last year £645 this year. When I called the guy said repairs have gone up.
were being had over.
Click to expand...

That's what I was told, they said the costs were held down during covid as people travelled less, and to be fair they didn't go up last year, but they've more than made up for it this year
 
Mines due 7th Sept I’ve been quoted £90 more from last years premium £160 to £250.
I can get it much cheaper on comparison sites £170 and surprise surprise my current insurer (Hastings) is the next cheapest at £205.
I called them yesterday saying why then are they asking for £250 especially when I’ve been with them many years they say it’s to attract new customers. 🤷‍♂️
When I said I was leaving if they can’t reduce the premium they put me through so a so called supervisor who said on this occasion they would do it for the price of a new customer at £205.
Never just accept it challenge it first.
 
Mine went up £120 but couldn't find anything cheaper on comparison sites so took the hit.
I drive in Spain frequently, a lot of the cars have dent's so I'm not sure they bother fixing the car after a minor collision.
You need eyes in the back of your head on Spanish roundabouts, I try and avoid them where I can.
 
Fargo99 said:
Mine went up £120 but couldn't find anything cheaper on comparison sites so took the hit.
I drive in Spain frequently, a lot of the cars have dent's so I'm not sure they bother fixing the car after a minor collision.
You need eyes in the back of your head on Spanish roundabouts, I try and avoid them where I can.
Click to expand...
The old Spanish roundabouts nentionrd again, we are going round in circles here..... (right to left 😁)
 
Just done the wifes and that's gone up 25%. Going through the comparison sites it would have been 100% for the cheapest.

Interestingly, using a different IP address I tried the renewal site and that was 100% increase.

Which all leads me to believe prices have skied since the renewal invitation, so about 6 weeks.
 
Dave62 said:
Agreed, I renewed mine about 3 weeks ago. It was £560 from £350 (including breakdown cover), so not just me then.
I was a company car driver until I semi retired 3 years ago, so I haven't got the same no claims.

I was with Direct Line, who I've always been happy with. They were even competitively priced until this year
The reason they gave was that claim costs have been much higher, which sounds a bit of a generic answer to me

When I phoned them, they said they could reduce it by £45, but I managed to find a much better price on a comparison site
I've ended up with "One-call" (looked them up ,seem ok but i'd never heard of them) for around £450 including breakdown / legal cost cover.

BTW - the price was £100 less by including Mrs Dave on the policy. I found it odd that it cost £100 more in only my name!
Have you already tried including the other half on your policy ?
Click to expand...
Dave, I have done that for years and it is always cheaper. Women are considered safer drivers. 2 of my sons also include me on their insurance and they save about 10% (because I am more mature!), even though I never drive their cars
 
Sooty59 said:
Said this last time. Look at Martin Lewis tips when using comparison sites & sometimes by just changing the wording slightly (not lying) can effect the price & do it around a month before your current policy expires, they get more expensive as you get closer to the renewal date as they know you will not have time to mess about much longer. It’s still a minefield though.
Click to expand...
I googled and the best time to do it is 3 weeks before (I'm sure 4 weeks won't matter too much) and mine had still gone up £120 quid.

Added the missus on and it was still the same price. Had to take the hit. £38 quid from topcashback helps a bit though.
 
Fargo99 said:
Mine went up £120 but couldn't find anything cheaper on comparison sites so took the hit.
I drive in Spain frequently, a lot of the cars have dent's so I'm not sure they bother fixing the car after a minor collision.
You need eyes in the back of your head on Spanish roundabouts, I try and avoid them where I can.
Click to expand...
You have to watch many of the Spanish parking to see when hardly any car is pristine. Rule is back until you touch the bumper of the car behind then pull forward until you touch the car in front then centralise. 🤷🏽‍♂️
 
Threepeaksphil said:
You have to watch many of the Spanish parking to see when hardly any car is pristine. Rule is back until you touch the bumper of the car behind then pull forward until you touch the car in front then centralise. 🤷🏽‍♂️
Click to expand...
That's not really feasible now , with both bumpers fitted with parking , auto braking , and lane sensors/ cameras. One touch and they are out of commission.
 
Lewis_Winthorpe said:
I googled and the best time to do it is 3 weeks before (I'm sure 4 weeks won't matter too much) and mine had still gone up £120 quid.

Added the missus on and it was still the same price. Had to take the hit. £38 quid from topcashback helps a bit though.
Click to expand...
Oh well that advice was from about a year ago guess. Although I didn't experience massive hikes in cost when I did my insurance in May, about £26 increase after refusing the renewal quote with a £77 increase. Still a bloody minefield though. But I guess it depends on age & no claims bonus too. I'm 64 with a full NCB, they should be paying me!
 
Just renewed mine. Current insurer was putting it up from £406 to £473 so I went onto compare the market and got like for like with another insurer for £397. Good reviews on Trustpilot. Nothing changed for me from last year apart from being one year older and am on maximum NCB.

It feels strange given what everyone else is going through. There were a lot of other insurers around the same price as my new one too so this quote was not an outlier.
 
It never pays to stay with the same supplier for anything these days. All emphasis is on attracting new customers, at the expense of the mugs who simply renew.
 
Wizaard said:
It never pays to stay with the same supplier for anything these days. All emphasis is on attracting new customers, at the expense of the mugs who simply renew.
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Agreed. I called my current insurer and they said they couldn’t reduce my premium at all never mind match my new quote.
 
My renewal received this morning was 130% higher 😬😲

Done some tweaks - including paying in full on a 0% card, and trawled all comparison sites but still a 25% increase.

So much for 25 years NCD.
 
TSSeasider said:
Was reading about car insurance going through the roof recently.

Looking to renew.

60% up from last years and that's going through every single comparison website etc- no changes. That's 25 years+ driving license, 15+ years NCD, no points etc etc

Now it's either to do with making up for lost earnings during Covid, or it's because claims are more expensive with more electric cars - or it's profiteering.

Stings.
Click to expand...
The price of car spares have gone up or not available, cars are being robbed for parts with the front/back bumpers bonnets and lights number one target . In the news last week one woman waiting over seven months to get her car repaired due to no parts available.
 
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My experience of my missus basic rear end shunt (where she was stationary when hit) which should have cost £1000 max and taken two days to sort was that her insurers nominated repairer wanted the car for three weeks
She's allocated a comparable car which was not doubt charged to the other side at £500 per day - so about £10k
So the other side no doubt got rinsed for 15k and the whole system is set up to max their recovery
Then notwithstanding the fact full recovery was made and despite my missus having paid extra for protected no claims, 30 years + with no points she's viewed as a risk and her premiums double at renewal and mine treble if she stays as a named driver
 
It’s all a massive con.

Just moved house FY5 to FY6 as the crow flies about 4 miles my my car insurance is due this week my quote came through a few weeks ago as an FY5 resident so I told them I was moving house this week so have given them my new postcode in FY6 and guess what it’s an £130 extra they want just unbelievable robbing bar stewards. 🤷‍♂️🤬
 
Jaffa_The_Hut said:
Mines due 7th Sept I’ve been quoted £90 more from last years premium £160 to £250.
I can get it much cheaper on comparison sites £170 and surprise surprise my current insurer (Hastings) is the next cheapest at £205.
I called them yesterday saying why then are they asking for £250 especially when I’ve been with them many years they say it’s to attract new customers. 🤷‍♂️
When I said I was leaving if they can’t reduce the premium they put me through so a so called supervisor who said on this occasion they would do it for the price of a new customer at £205.
Never just accept it challenge it first.
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Always challenge renewal quotes, home insurance, car insurance, sports insurance (I have golf insurance) even sky, virgin television prices or mobile charges.
They always rely on customers being lazy bastards.
Going back to Lalas thread about retirement, you've got more time to shop around 👍🏻
 
TwelveAngryMen said:
My experience of my missus basic rear end shunt (where she was stationary when hit) which should have cost £1000 max and taken two days to sort was that her insurers nominated repairer wanted the car for three weeks
She's allocated a comparable car which was not doubt charged to the other side at £500 per day - so about £10k
So the other side no doubt got rinsed for 15k and the whole system is set up to max their recovery
Then notwithstanding the fact full recovery was made and despite my missus having paid extra for protected no claims, 30 years + with no points she's viewed as a risk and her premiums double at renewal and mine treble if she stays as a named driver
Click to expand...
Reading that it’s a bit pointless having protected no claims . A few years ago someone rolled into the back off my wife’s car and they didn’t want insurance involved ,so wife got a quote from a garage and they paid her £300 for the work .how ever wife insurance telephoned her saying because she been in a accident( garage must have passed on the info) next year premium was going up.
 
Just had my renewal and gone up 35%, even though nothing had changed at all.
Phoned up insurers and they offered £70 reduction on renewal, which was still increase of 25% :-(
Tried GoCompare site and all came back same price and more.
Tried BP Insurance on Whitegate Drive and they couldnt offer anything better than twice as much as Renewal price !!!

Eveyone I consulted said that premiums are increasing due to -
1 - increase and shortage of in parts
2 - MAnpower (repair) costs
3 - Postcode (FY3) ??
4 - My car was deemed very nickable (Jaguar e pace) but wasnt last year ?

No other explanation but robbing bar stewards
 
Use an online insurance provider and try flexing your job description when getting quotes. As long as you are not dishonest some variations on a job description produce lower quotes, sometimes by £50 or more. That's advice from Martin Lewis on MoneySavingExpert.com
 
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There needs to be a community alternative insurance company, like a credit union bank type thing. Still based on risk but not for profit.
 
I have just renewed but was suprised to see the company I selected had multiple prices on the different comparison sites and the difference was over 50gbp.
So USwitch, Compare the market and Money supermarket should all be checked, not just 1.
Tried Directline (of not on any comparison website fame) but in this case they were very uncompetitive.
 
Jaffa_The_Hut said:
Mines due 7th Sept I’ve been quoted £90 more from last years premium £160 to £250.
I can get it much cheaper on comparison sites £170 and surprise surprise my current insurer (Hastings) is the next cheapest at £205.
I called them yesterday saying why then are they asking for £250 especially when I’ve been with them many years they say it’s to attract new customers. 🤷‍♂️
When I said I was leaving if they can’t reduce the premium they put me through so a so called supervisor who said on this occasion they would do it for the price of a new customer at £205.
Never just accept it challenge it first.
Click to expand...
I thought that by law they could no longer offer discounted rates to new customers that they don't also offer to existing ones?
 
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