Insurance - Furious

[danf1234]

Well the time has come to insure me and the wife on my beloved Audi A6.

Last year I paid £179 fully comp. Although I was expecting a jump this year, seeing as this was my 12 driving year without any claim, and 7 years since my speeding points were taken off then I was hoping nothing too severe.

WRONG

£479 fully comp, cheapest through the comparison websites £455. I am raving. I slammed the phone down on the poor sales lad and told him to shove it right up his ar5ehole literally.

I am furious, because I have to pay this by law. There is no option to shop around.

What a load of cack.

I hate insurance companies more than ............

(I'll stop there before I go off on one):smt103

[danf1234]

And another thing, you are not rewarded for having no claims anymore, just penalised (heavily) if you have to make a claim, or even a non fault claim.

ARRRRRRAAAHHHHHHHHH.

Tesco Finance - I HATE YOU!

[maxinc]

Get third party only. If you are such a careful driver, why pay for stuff you don't need?

[Specialone]

I feel your pain Dan, i was a bit off with the girl on the phone today when i renewed on my van insurance.
When asked why mine had increased so much she said that equity red star had been losing money hand over fist and wasnt competitive anymore, the next cheapest was the one they sent me.
The worrying thing is one of my bike policies is ERS as well, not looking forward to that renewal either.

[fizzwheel]

Insurance on the 4 x 4 has gone up by £120

I havent had a bash or made a claim, quick search on gocompare reveals my insurance company have loaded my premium with no justification

ecar want £336 for TPF&T
best quote we got was from admiral for £151 for exactly the same cover.

Have sent ecar a snotty email asking them to explain why its gone up by so much and telling them that if they cant get near £151 then I wont be renewing with them.

We only paid £700 for the Maverick and they want nearly 1/2 its value for 1 years insurance which we reckon is not far off the price of comprehensive insurance for the bl**dy Audi !

[danf1234]

One word = Wife.

She only drives once in a blue moon. However lets just say she isn't quite as careful as me.

[danf1234]

I have no where to go as the compare websites aren't offering any lower than Tesco.

I dare not go 3rd party only as one mishap on ice and Audi's cost a fortune to repair.

Worst thing is the bike is due next month and I am with ERS as well.

(Dan bursts out crying as he remembers the house insurance is due in March)

[Specialone]

The thing about TPFT is what about if your hit and they feck off, your left with a huge bill.
Also just get a quote on TPFT compared to fully comp, there is nowhere the gap there used to be between them so not saving much anyway.

[maxinc]

Insurance companies are pure evil. I go for as little as legally possible. Third party that is and I take my chances with the wife. So far so good and saved in the meantime twice the car is worth.

[danf1234]

The thing about TPFT is what about if your hit and they feck off, your left with a huge bill.
Also just get a quote on TPFT compared to fully comp, there is nowhere the gap there used to be between them so not saving much anyway.

Exactly mate.

Also my worry now is if I am moaning about this, what about all the chav's running about in piece of Carp Nova's and Corsa's who just think. Sod it I won't bother this year it's too expensive.

Thats the type of tosser that will drive into the back of me if I went TPFT!:(

I just hate the fact that I am forced to buy this by law!

[fizzwheel]

The thing about TPFT is what about if your hit and they feck off, your left with a huge bill.

the Maverick is only worth £700, if somebody hits it and f*cks off, and I had comprehensive cover on it and claimed off my own insurance, they'd write it off, so its pointless on a car with such low residual value.

[husky03]

dan whats elephant coming in at-go through there own site and not the comparison ones

[maxinc]

Life would be soooo boring without risks ... lol

[danf1234]

dan whats elephant coming in at-go through there own site and not the comparison ones


I shall give it a go in morning thanks - I am about to hit the stella- In anger :evil:

[Specialone]

the Maverick is only worth £700, if somebody hits it and f*cks off, and I had comprehensive cover on it and claimed off my own insurance, they'd write it off, so its pointless on a car with such low residual value.

Fizz, i agree, if the vehicle is not worth too much then i wouldnt either.
My DRZ is worth close to £2k but only insured TPFT as i know i could repair for peanuts in most cases.

[danf1234]

And the car is worth slightly more than the premium - Slightly lol!

[keith_d]

My bikes are both TPF&T.

I figure that with the low value insurance assessors will give, minus the excess, minus two or three years of premium hikes there's no point paying for fully comp. on anything worth less than £2k. Anyhow, if I write the bike off myself I'll have bigger things to worry about than poxy insurance claim forms.

If I had a brand new £10k bike it would be different, but with the low mileages most bikes get (Rictus' excepted) there's not much point buying anything less than two years old. It's not even been run in.

Just my thoughts,

Keith.

[danf1234]

I am about to cry.

Just put the quote on Carole Nash to see out of interest and it has gone from £90 for a 2 bike policy for the RGV 250 and the SV to £150 for just the SV alone, before I declare the million mods I have done to the bike!

[Specialone]

I am about to cry.

Just put the quote on Carole Nash to see out of interest and it has gone from £90 for a 2 bike policy for the RGV 250 and the SV to £150 for just the SV alone, before I declare the million mods I have done to the bike!

:( Im dreading my sprint renewal, £450 last year :smt103

[Bluefish]

[QUOTE=danf1234;2444696]I am about to cry.

Just put the quote on Carole Nash to see out of interest and it has gone from £90 QUOTE]

Is that a month? lol, makes you wanna buy a car, oh sorry ;)

[Mej]

1200 for me car and 700 for the bike!! i hate insurance companies with a passion!!

[danf1234]

[QUOTE=danf1234;2444696]I am about to cry.

Just put the quote on Carole Nash to see out of interest and it has gone from £90 QUOTE]

Is that a month? lol, makes you wanna buy a car, oh sorry ;)


You is a funny guy! lol!

Makes me want to kill an insurance broker more like!

I will never ever own a super bike again. Thank god I got I go rid of the Aprilia RSV before I got my pants pulled down!

Looks like the SV is staying and I am selling one of my children to cover the cost.

[Mej]

[QUOTE=bluefishman;2444704]


You is a funny guy! lol!

Makes me want to kill an insurance broker more like!

I will never ever own a super bike again. Thank god I got I go rid of the Aprilia RSV before I got my pants pulled down!

Looks like the SV is staying and I am selling one of my children to cover the cost.

i dream of one day being able to pay less than £500 for my car insurance! lol

[danf1234]

[QUOTE=danf1234;2444709]

i dream of one day being able to pay less than £500 for my car insurance! lol


I thought I had earned that right when I got old. Obviously not.

Thank god I didn't buy the the BMW GS1200 I was thinking about, othewise I would be touting the wife a5se out on the street as well as sending the children up chimney sweeping.

I hate this government more now!

If my boss says there is no money for pay rises this year again, I am going to kill him.

[Specialone]

Dan, dont blame the tory government, all this happened a long time ago with our banks making bad investments...then everyone and his mother claiming for whiplash...comparison sites driving the prces down etc etc

[Dave20046]

dan whats elephant coming in at-go through there own site and not the comparison ones

I got them £2k cheaper thank the comparison site via the phone.

[yorkie_chris]

If it wasn't for d*cks claiming for nonexistent whiplash, insurance companies wouldn't be making a loss, which means people would be able to afford it and wouldn't risk it without, there wouldn't be so many payouts to MIB for uninsured drivers so they wouldn't be making a loss, so people would be able to afford it!
Oh and if people could afford it they wouldn't be so inclined to say "I f***ing hate insurance companies... hello is that ambulancechasing scum R us.com... I've a bit of a bad neck..."

Vicious circle!

[danf1234]

Dan, dont blame the tory government, all this happened a long time ago with our banks making bad investments...then everyone and his mother claiming for whiplash...comparison sites driving the prces down etc etc

Agreed, just really ****ed off at being held to ransom.

I actually believed the Tory's for a while for what it is worth.

The Krays got life for running a protection game, and extorting money, and 30 years on it has become a common and accepted practice by horrible disguisting insurance companies!

INSURANCE COMPANY'S I HATE YOU ALL:evil:

[yorkie_chris]

Where did the tories mention car insurance? (amusing thought about meertoffs...)

They were left in sh*t by labour and banking crisis which has been a long time coming, can't blame them for inheriting a steaming pile of sh*te.

[danf1234]

Going back to post 25 Chris - Not about car insurance. I was speaking in general about the financial mess!

Don't worry I know about the mess! I know the deal and the extent of the mess, it doesn't mean I have to like it!

[Dicky Ticker]

That is the way of the world at the moment and no matter how much you grouse or complain you have to pay high premiums for high risk and high value vehicles,even with a good driving record
Have you considered buying something a bit more mundane. I have stepped back from sporty and trendy cars and gone down market because of the increased cost of keeping such vehicles

[TamSV]

Makes me want to kill an insurance broker more like!


Meh. Come and have a go if you think you're hard enough :p (we fight dirty) ;)

Oh and if people could afford it they wouldn't be so inclined to say "I f***ing hate insurance companies... hello is that ambulancechasing scum R us.com... I've a bit of a bad neck..."

Vicious circle!

Bang on. It's got to the stage where the punter who exaggerates a claim or lies on an application just thinks they're redressing the balance. Motor insurance and the claims processes surrounding it need a proper kick up the ****.

[yorkie_chris]

you have to pay high premiums for high risk and high value vehicles,even with a good driving record

Bollox mate, they're taking the p*ss with every motor going.

[Specialone]

Meh. Come and have a go if you think you're hard enough :p (we fight dirty) ;)


And you have the goverment on your side holding our hands round our backs while you rape us :(

[fizzwheel]

That is the way of the world at the moment and no matter how much you grouse or complain you have to pay high premiums for high risk and high value vehicles

I'd agree but what I am insuring isnt.

1996 on a P reg Ford Maverick 190K on it, bodywork is a bit battered and bruised by sound mechanically, I paid £700 for it and thats what its insured value is.

So why is my insurance quote from ecar £336 for Third Party fire and Theft ? its especially irritating when I paid £227 for the insurance for it last year. I cant see how on earth they can justify the insurance increase. When I have been claim and speeding conviction free for the last 4 years.

I have 3 points from 2006, I have no claims and full protected no claims bonus. I'll be 38 in May 2011

and whilst we are at it, why is the insurance for our 2009 A6 Avant S-line Le Mans Edition on £50 a year more for comprehensive ?

I am begining to understand why youngsters run around with no insurance, especially when the fine is less than the insurance premium and some points.

Why not wallop people with no insurance with a mahoosive fine, put that money back into the insurance industry and then use that money to drop everybody else who does pay for insurance premiums down...

[ChrisSV]

I've just checke my SV outa curiosity, I pay £450 this year TPF&T with one years no claims, its gone up to £800, that's nearly double!!! Not looking forward to March when it's due.

[Ed]

I blame these get rich quick lawyers doing no win no fee cases, where if they win they can charge double.

Oh and if they lose they still get paid, because the client has bought... an after the event insurance policy.

I think that squares the circle, doesn't it?

[TamSV]

And you have the goverment on your side holding our hands round our backs while you rape us :(

I wish! I'm a small business so what makes you think any branch of government is on my side?

I don't place motor insurance business anymore because I couldn't make money out of it - mainly because I refuse to sell claims to dodgyclaim4u.com as it's not in my customers interests for me to do so. So that leaves motor insurance in the hands of companies that maybe don't have their customers best interests as their first priority because guys like me don't do it anymore.

The money in motor insurance is entirely on the claims side - we have, in a very short period of time, created one of the most expensive personal injury litigation systems in the world with costs totally disproportionate to the work involved.

The FSA are up my **** with rules they create on a whim and demanding financial returns in a form my Accountant can't understand.

My contribution to the Financial Services Compensation Scheme has quadrupled and I'll get it royally when the cost of the Bradford & Bingley comes in. Oh, did you think the taxpayer paid for that? No, that was just a loan to be paid by the FSCS. Big insurers will pass the cost on but I'll end up taking most of it in the profit margin.

I'm also paying for the Picture Loans c*nts with their mis-sold loan protection. Despite the fact we told the FSA for years that product was being mis-sold. I've never mis-sold a policy in my life - that's what big companies do. The kind of company that the last government loved so much that they got the wool pulled every time they came into contact with them.

Somebody's getting raped mate.

[TamSV]

I blame these get rich quick lawyers doing no win no fee cases, where if they win they can charge double.

Oh and if they lose they still get paid, because the client has bought... an after the event insurance policy.

I think that squares the circle, doesn't it?


I actually don't blame them. They're just working the system they've been gifted.

It's the myopic mouth-breathers we voted for that I blame.

[Specialone]

I wish! I'm a small business so what makes you think any branch of government is on my side?

I don't place motor insurance business anymore because I couldn't make money out of it - mainly because I refuse to sell claims to dodgyclaim4u.com as it's not in my customers interests for me to do so. So that leaves motor insurance in the hands of companies that maybe don't have their customers best interests as their first priority because guys like me don't do it anymore.

The money in motor insurance is entirely on the claims side - we have, in a very short period of time, created one of the most expensive personal injury litigation systems in the world with costs totally disproportionate to the work involved.

The FSA are up my **** with rules they create on a whim and demanding financial returns in a form my Accountant can't understand.

My contribution to the Financial Services Compensation Scheme has quadrupled and I'll get it royally when the cost of the Bradford & Bingley comes in. Oh, did you think the taxpayer paid for that? No, that was just a loan to be paid by the FSCS. Big insurers will pass the cost on but I'll end up taking most of it in the profit margin.

I'm also paying for the Picture Loans c*nts with their mis-sold loan protection. Despite the fact we told the FSA for years that product was being mis-sold. I've never mis-sold a policy in my life - that's what big companies do. The kind of company that the last government loved so much that they got the wool pulled every time they came into contact with them.

Somebody's getting raped mate.

I did mean in terms of the insurance is forced upon us by the government, there's bugger all we can do about it as well.
Thats what i meant by hands tied.

BTW its always the little guy that takes the biggest hit in any business downturn, big companies may make less profit but its margins are still higher than the little guys.

[Ed]

Just done an online quote on Carole Nash, as if the cover were due 01/01/2011.

Came out at £211, this is just a bit more than with the current lot, but as CN include UK and Euro breakdown cover it' actually a lot cheaper. Hefty compulsory excess of £600 though.

Very pleasantly surprised.

[TamSV]

Sorry, that last post turned into a bit of a tirade :).

In my defence I'm self-medicating with single malt, for which I blame Ed. :D

[Ed]

for which I blame Ed. :D

:takeabow:

[Owenski]

BUGGER!
ERS do both my bike and car, no one else has ever come close to what they've offered.
erm..... FECK!

[danf1234]

Well with a big hangover this morning I am still ar5ed off about this. Anyway time to start ringing round, starting with Elephant me thinks.

[Ed]

Well with a big hangover this morning I am still ar5ed off about this.

Judging by the thread title, so was somebody else:lol:

[danf1234]

Ha ha just noticed it has changed.

[-Ralph-]

The FSA are up my **** with rules they create on a whim

So what do you think is coming down the line when they get replaced? Will anything change?

I'm trying to set IT strategy for a re-insurance organisation at the moment and it's a complete ball ache, because expensive requirements are being set by the FSA (and over interpreted by my customer), and I need to comply with them, but I know that they are soon to be abolished and those requirements may change or become obsolete. I'm having to shoehorn in IT solutions that are just not standard practice anywhere else in the industry, because the FSA visit and some auditor gets a bright idea and says, "you must do this". Most of my FSA regulated customers do the bare minimum, but this particular customer takes every word they say to the nth degree, then adds arms and legs to it.

BUGGER!
ERS do both my bike and car, no one else has ever come close to what they've offered.
erm..... FECK!

+1, I even had a quote for £78 per year fully comp for the SV. Didn't take it because I was getting bigger quotes of nearly £100 quid for the XT, so when you added the two together a multi bike policy was cheaper. It's still underwritten by ERS though.

[Dicky Ticker]

One of the primary thoughts in everybody's mind seems to be the cost of insurance against the value of the vehicle where as the insurance companies are probably looking at what damage that vehicle could do if involved in an accident.As an example Fizz recons he is paying as much to insure as to purchase the vehicle but a Ford Maverick is a hefty lump of metal if it makes contact with anything [Sorry for using you as an example] where as Fiat Panda 4x4 is a much lower category of insurance, much the same as an Audi A6 being a prestige car.
The other thing is points come off your license by the DVLA after 3 years with regard to totting up but are still on record for 5years which means the insurance companies can use this as your driving record.
OK my car[Honda Accord] is only insured SD&P with limited mileage[10k p.a.] but I have just renewed for £225 fully comp [£4+ per week] and £100 excess but the declaration for your usage also has a lot to do with your final premium, i.e. commuting to and from work is normally in prime traffic periods so a higher risk

[-Ralph-]

OK my car[Honda Accord] is only insured SD&P with limited mileage[10k p.a.] but I have just renewed for £225 fully comp [£4+ per week] and £100 excess but the declaration for your usage also has a lot to do with your final premium, i.e. commuting to and from work is normally in prime traffic periods so a higher risk

That seems like a lot Mac.

I'm paying the same for Sandrine's Ibiza, with her named as the main driver at 36yo, on a French license, no no claims (it's on my car), and I as the policy holder and second driver am 34 and have 3 points for speeding, and an own fault accident within the last 5 years.

I guess if we were to move closer to London it would increase, and the Ibiza's only a 1.2, but still I'd expect your age, mileage limitation and SD&P only to override that.

[Dicky Ticker]

Colin,yes probably to do with living on one of the main commuter routes but these are the things insurance look at when setting premiums,also expensive to repair in the case of an accident. I also tend to have add-ons such as legal protection and protected N.C.B.
In comparison to something like our trucks which are £3500 each I consider it cheap

Previously mentioned multi vehicle policies are not always the cheapest,possibly for a single or named drivers but in general not.

Misuse of vehicles under insurance is one of my sore points,I know of several people on this site that use vehicles for business when at the most they have only got insurance which is probably to and from permanent place of work.when use for business is a much higher premium------------Sorry I transgress from the OP but in general people don't put enough thought into insurance and what the costs might be when purchasing a vehicle or bike.
I am the same as everybody else as in wanting the best I can get for the cheapest price but where it may cost me is I will only deal with companies that have UK offices,employing UK citizens who understand plain English----Backing Britain

[-Ralph-]

The Vectra is on business class 1, which means insured for business use, but I can't carry colleagues or customers. My work don't stipulate that I need to be class 2 so I don't incur the cost. If asked to carry a passenger, I just say "sorry, not insured for it", until somebody updates the HR policy to specifically state that I need to be it'll stay that way.

[timwilky]

Interestingly I went back with my old insurer when I bought a car 3 weeks ago. Zurich. They only asked about accidents/points less than 3 years old, so told the truth. None.

Despite me telling them I had 9 years no claims in a car, they never asked for proof, unless of course they found me in their old records. What annoyed me though is adding the daughter added 160 quid to the policy, despite the fact she has her own car/insurance. and she adding me to her policy because of my terrible 4 year old sp30 and one claim in 30 years 4 years ago cost her 200. We would both be far better off not allowing each other to drive our cars. Strange that 180 for a clio can soon mount up when you then add named drivers, breakdown/legal/protected no claims to the quoted insurance premium.

[Dicky Ticker]

Additions can cost big time,but at least you have a reputable company to deal with Timbo.
My insurance is actually cheaper with the wife on it which in itself is weird as she is insured with the same company[SAGA] and I am an additional driver on her policy so if she has my car I am driving her one as happens from time to time

[fizzwheel]

As an example Fizz recons he is paying as much to insure as to purchase the vehicle but a Ford Maverick is a hefty lump of metal if it makes contact with anything [Sorry for using you as an example] where as Fiat Panda 4x4 is a much lower category of insurance, much the same as an Audi A6 being a prestige car.

I totally understand that, but why has it gone up so much, Last year it was £227, this year they want £336. According to the email I have had back thats the best price they can do, when its clearly not as when I searched on gocompare last night ecar were offering to insure me for £316 which is £20 less than the renewal price they have quoted me.

Admiral will ilnsure the same people on the same vehicle, with the same level of cover for £151, madness...

[anna]

Not defending only explaining here...

The brokers you are phoning will have access to different underwriting companies and the bigger the broker the better their deal with that underwriting company.

So when you call a broker and ask them for their best quote they will give you quotes that they have access to. They will say that is their best quote.

You do a search and find something cheaper through another broker, that may have a bigger account with said underwriter and be able to get a better quote out of them.

You then go back to original broker to demand the same quote, the underwriters then have to do one of two things either release that cheaper quote to the brokers who first quoted, or the brokerage company has to drop their own % that they would get from the quote to match.

[timwilky]

True Anna

however, many do not give you their best possible quote for repeat business. They assume we are all lazy and not going to shop around when the 25% policy increase lands on the doorstep. As witnessed by all those who go back to tell their current provider to get stuffed and suddenly the quote can be reduced after all.

My bike insurance has gone this year by 60%. My original provider declined to renew my policy and all other quotes are now about 170-220. I guess I was fortunate to get it for £150, but only by lying and saying I had a quote for £150 which they then said they would match.

[rowdy]

I totally understand that, but why has it gone up so much, Last year it was £227, this year they want £336. According to the email I have had back thats the best price they can do, when its clearly not as when I searched on gocompare last night ecar were offering to insure me for £316 which is £20 less than the renewal price they have quoted me.

Admiral will ilnsure the same people on the same vehicle, with the same level of cover for £151, madness...
Aye, for the last few years i hae recieved renewals through the post from direct line (who I've used for about 12 years), gone on the computer and run a quote through their website, and it has usually been at least £100 cheaper than the renewal, so I then phone them up and get the price on of the internet quote.
However, having run a quote through their website a couple of weeks ago to get a ballpark figure, it looks like it is going to be around £800 this year.
When we bought the car (2003 Impreza WRX) in feb 08 it cost £350 a year fully comp, legal protection, protected no claims bonus etc.

Subaru do their own insurance which last time I checked was pretty close to Direct line price, might just go with them this year as a matter of principle unless I can get a good quote somewhere else.

[Jordy]

Yep it sucks. If you're over 25 and insure your bike with CN try their six wheel policy.

(Sorry if its been said already, haven't read through all the ranting.)

[fizzwheel]

As witnessed by all those who go back to tell their current provider to get stuffed and suddenly the quote can be reduced after all

I did that yesterday and ecar replied to me this morning saying thats the best price they can do and will not reduce it.

So I have told them I wont be renewing and Admiral have taken out cover with admiral instead. £187 for comprehensive on the same vehicle.

[Dave20046]

I did that yesterday and ecar replied to me this morning saying thats the best price they can do and will not reduce it.

So I have told them I wont be renewing and Admiral have taken out cover with admiral instead. £187 for comprehensive on the same vehicle.

Everyone seems to be going with admiral (elephant) this year!

[jimmy4237]

I've been with Admiral now for 4 years straight. Except this year they tried the blind man trick with me, and wanted £530 F/C for my Saab, with a clean licence and 5years NCB. Last year it was £440.

I just tried their multicar policy quote using my old spare car (which is getting rebuilt), and managed to get the quotes down. Once I had the separate multicar quote, I called them back a day later, and complained it was too high. Quoted the reference nos, and I argued the price down for my 2005 saab down to £418 F/C with a £200 excess. Result:cool::cool:

The comparison site prices couldn't even compete with that price, so it was renewed again with Admiral.
Call them up, and say you're also a biker with a full bike licence, and x years NCB on a bike, so I must be a safe risk if I can handle a group 14 thundercat 600 and a group 17 kawasaki zx9r, with no accidents or claims. The boy on the phone put me on hold to speak to the gaffer, and came back with £418.

The power of a phone call, "If you want my business, sharpen your pencil..."