Insurance renewal

[davidcarp]

For the last 2 years an online Services provider has arranged insurance for myself and my wife for £160 each year. They contacted me a few days ago as they had changed providers and wouldn't insure me as I had an engine modification - A Synergy 2a!

Went on uSwitch. Insured with the RAC for £129. Bargain

[marinabrian]

Originally Posted by davidcarp

For the last 2 years an online Services provider has arranged insurance for myself and my wife for £160 each year. They contacted me a few days ago as they had changed providers and wouldn't insure me as I had an engine modification - A Synergy 2a!

Went on uSwitch. Insured with the RAC for £129. Bargain

You would be better going to see Trikey and have him wave his wand over the car

Brian

[Pueblo_Boy]

Originally Posted by davidcarp

For the last 2 years an online Services provider has arranged insurance for myself and my wife for £160 each year. They contacted me a few days ago as they had changed providers and wouldn't insure me as I had an engine modification - A Synergy 2a!

Went on uSwitch. Insured with the RAC for £129. Bargain

Lucky you! I can't get within even £150 of that low quote! I must live in a truly dodgy area...

As for the software upgrade, my diesel had the 160hp modification, now goes like s**t off a shovel! Highly recommended!

[lankylegohead]

Currently with AXA on a new BMW M2 Competition (27, no accidents or convictions) for £520 with the girlfriend on there. Thats 12k miles a year, commuting, legal cover all that jazz.

Rang up to add the MG ZT I bought last week, they do a nice multicar discount you see...

£650. For third party.

Couple of minutes later, eSure did it for £390, which is still madness. But hey ho! Pays to shop anyway.

[Mr bountyfull]

It does pay to shop! A few years ago my lad was in the lucky position to move from his 1.0 ecoboost Fiesta to an Astion Martin (He was not quite 20) the Ford was more expensive to insure than the Aston, go figure!

[lankylegohead]

Originally Posted by Mr bountyfull

It does pay to shop! A few years ago my lad was in the lucky position to move from his 1.0 ecoboost Fiesta to an Astion Martin (He was not quite 20) the Ford was more expensive to insure than the Aston, go figure!

Yeah, I've quizzed this a few times. Usually the newer, more expensive and faster cars are cheaper to insure.

The answer is always the same, they all use different algorythms and data but they all pretty much have the same answers when it comes to the car. If there are more of them on the road, more chance of them crashing. Also, cheaper cars crash more.

Other things that I've had effect my insurance without knowing, until a friend got into the insurance industry:

• My M3 was red, so it cost more than a silver/white/black/etc. colour M3 to insure.
• When I told my insurance a £650 volvo estate I had was modified it brought my insurance down by a significant amount, modified cars actually have quite a good record if you deal with specialists.
• I moved less than a mile away, insurance dropped because my postcode changed.
• Adding a named driver, within reason, brings it down. Statistically a car is less likely to be crashed if two different people are driving it rather than just one... yeah I dont know either.

[Arctic]

The whole car insurance industry wants a massive shake up, we are being ripped of that's for sure.

[Blink]

Originally Posted by Arctic

The whole car insurance industry wants a massive shake up, we are being ripped of that's for sure.

Not to mention the road tax ripoff.

[Ray L]

Originally Posted by davidcarp

For the last 2 years an online Services provider has arranged insurance for myself and my wife for £160 each year. They contacted me a few days ago as they had changed providers and wouldn't insure me as I had an engine modification - A Synergy 2a!

Went on uSwitch. Insured with the RAC for £129. Bargain

My renewal is due in july so I went on a comparison site and received 28 quotes, the best being £460 which was from my existing insurer (LVE).

I tried other non comparison insurers and then a local broker, he came back and said from all his comparisons the best quote was £900 !!! As 25 of my other quotes were from £500 to under £900 where was he coming from !!!

I then received my renewal quote, it was £470, yes £10 more than they were listed on the comparison site. I rang them up and they reduced it to £425 a reduction of £45 but still £30 more than last year. I just had to accept.

I do under 6000 miles a year, have 16 years NCB, no convictions and the car is kept in a locked compound beneath my apartment in a respectable district.

How do you other good folks get your £200 or less premiums? Answer on a postcard.

[Ray L]

Originally Posted by Ray L

My renewal is due in july so I went on a comparison site and received 28 quotes, the best being £460 which was from my existing insurer (LVE).

I tried other non comparison insurers and then a local broker, he came back and said from all his comparisons the best quote was £900 !!! As 25 of my other quotes were from £500 to under £900 where was he coming from !!!

I then received my renewal quote, it was £470, yes £10 more than they were listed on the comparison site. I rang them up and they reduced it to £425 a reduction of £45 but still £30 more than last year. I just had to accept.

I do under 6000 miles a year, have 16 years NCB, no convictions and the car is kept in a locked compound beneath my apartment in a respectable district.

How do you other good folks get your £200 or less premiums? Answer on a postcard.

Forgot to mention I was remapped 3 years ago and my premium rose then by £100 p.a. the number of willing insurance companies also subsequently then reduced.