Just got a massive discount on my premium
quinnj3 - 23/9/10 at 09:06 AM
Hi Guys,
Just thought i'd let you know how I made a big saving on my tintop insurance.
My insurance never seems to be a small amount being in Northern Ireland but its even worse now as I have 6 points and a fault claim within the last 2
years. My wife also has had a claim in the last 3 years.
Last year I went with admiral who where expensive but the cheapest at £1300. They sent me a renewal this year of £1057. Again very expensive but
after I did a lot of researching the best I could get was from elephant for £960. When I phoned up to purchase, the sales guy went through my details
properly and the price went up to £1030. I told the guy I was with Admiral and that I didn't want to change for £20. To quote the sales guy
' You didn't tell me that you were with Admiral when you called, we are the same company.... your quote from Admiral is now £1004.'
The sales guy said this is still a very large amount, I see you have your wife on your policy would you be interested in a multicar policy. So he did
the quote which brought my insurance down to £806 and my wifes down from nearly £600 to £438.
My insurance will start now and my wifes in November when her policy expires. Pro-rata she will only pay £390 this year.
In total we pay £1200 give or take a few £, we both have legal cover, hire car, our no claims bonus will grow separtely, we are insured as named
drivers on each others cars and we both have DOC.
When looked at from another angle, if we were to go with separte policies and insured each other as named drivers, and wanted DOC etc the total cost
would be between £1600 and £1800.
What ever way you look at it we saved £400 minimum this year on our insurance. I'm a very happy man.
BenB - 23/9/10 at 09:17 AM
Yup. Going with multicar worked well for me too when I got my last tintop, everyone else wanted silly money for a 1.5Dci megane!! I rang up Admiral as
I had my other tintop on with them and they switched to multicar. Saved quite a bit of dosh 
Nice!
quinnj3 - 23/9/10 at 09:37 AM
yes and I also asked what would happen if I bought a weekend car. He said that he could possibly get me on some sort of introductory offer and get me
even more discount!
phelpsa - 23/9/10 at 10:12 AM
We have 4 cars on a multicar policy. My dad's Discovery TD5 (no NCD), mum's Impreza STi, dad's 500 with me insured on it (19 yr old, 1
accident) and the 205 in my mum's name.
That little lot comes to a little under £1900, about £500 saving on doing them seperately. Adding the 205 to the policy actually reduced the price
because they use a set discount for each extra car added.
If you have a couple of high cost insurance policies then it can save you a lot!
Brook_lands - 23/9/10 at 10:51 AM
Opposite for me -
Best price individually.
Mine £250 (RAC)
Wife £200 (Shiela's Wheels)
Daughter £600 (Bell - are they not associated with Admiral?)
Individual prices from admiral
Mine £540
Wife £200
Daughter £750
Admiral multicar total
Wife and me £750
Wife daughter and me £1500
None of us has any claims, accidents or points and we are all fully comp with business use.
Never could understand this insurance thing and how there can be such a massive difference in cost for what is effectively the same risk.
eddie99 - 23/9/10 at 10:56 AM
quote:
Originally posted by Brook_lands
Never could understand this insurance thing and how there can be such a massive difference in cost for what is effectively the same risk.
Don't get me started, my premiums on same cars vary day to day, week to week etc..
A car that was £500 to insure, is now £1500 and a car that was 1400 to insure, is now £600....
phelpsa - 23/9/10 at 11:17 AM
quote:
Originally posted by Brook_lands
Opposite for me -
Best price individually.
Mine £250 (RAC)
Wife £200 (Shiela's Wheels)
Daughter £600 (Bell - are they not associated with Admiral?)
Individual prices from admiral
Mine £540
Wife £200
Daughter £750
Admiral multicar total
Wife and me £750
Wife daughter and me £1500
None of us has any claims, accidents or points and we are all fully comp with business use.
Never could understand this insurance thing and how there can be such a massive difference in cost for what is effectively the same risk.
They are only competitive if your insurance premiums are high, ie 'high risk'. Yours are very low. They don't offer much reduction for
NCB which is probably why they're coming up quite high for you and your wife.
I can't find a single insurance company that is less than double what admiral will quote for me on normal / lightly modified cars.
[Edited on 23-9-10 by phelpsa]
Humbug - 23/9/10 at 12:49 PM
I enquired about multicar when I moved to Admiral for my tintop policy recently, since my daughter has her car insured with them too. It worked out
more expensive to have self SWMBO, daughter and son on daughter's car plus self and SWMBO on my car than individual policies because somehow,
even though the kids are not on my car, they are taken into consideration for the overall package. Don't understand it really, but it was cheaper
to have separate policies - maybe because the kids are 20 and 18?