I got my insurance renewal yesterday as the current one finishes at the start of march. I bought it through the AA and due to a change of car and a
few other things I was fairly sure I'd not be renewing any way but when I read through the documents it said they'd found a better insurer
for me. The new insurer seems to have removed the business use I currently have (and will actually need this year) and put my excess up by £100. Not
only this the quote was about £700 and I've found multiple quotes for about £400 with much lower excesses and NCD protection which I'd not
have on the renewal.
Has anyone else noticed anything like this? Do you actually know what cover you've got and what your excesses are?
quote:
Originally posted by morcus
I got my insurance renewal yesterday as the current one finishes at the start of march. I bought it through the AA and due to a change of car and a few other things I was fairly sure I'd not be renewing any way but when I read through the documents it said they'd found a better insurer for me. The new insurer seems to have removed the business use I currently have (and will actually need this year) and put my excess up by £100. Not only this the quote was about £700 and I've found multiple quotes for about £400 with much lower excesses and NCD protection which I'd not have on the renewal.
Has anyone else noticed anything like this? Do you actually know what cover you've got and what your excesses are?
As above, we were with the AA but have swapped recently due to increased cost on renewal.
Phoned them up expecting an offer of a better deal and she just said "ok then.." and that was the end of that....
It seems to be the way of the world, can't remember the last time my renewal notice was what I eventually paid rather than more. But if it
didn't work for them they wouldn't do it. Plus as you said things have a habit of disappearing at renewal like cover for driving other
cars.
It's just a game every year. Renewal comes through. I go on internet and get prices. Phone up current insurer to see if they want to match. If
they do they keep my business, if not I move. I have 4 cars all due at the beginning of Feb. renewal price this year for the lot £1500. Best quotes
(all with lower excess) £1000, current insurer's best effort £1300. Result, I'm with a new insurer this year.
I'm not so bothered by the fact that it's a poor price as I am by the changes in the policy that weren't exactly made obvious. If I'd just accepted it I could well have had an accident and found out I wasn't insured (Or more likely claimed driving expenses, then been audited and done for fraud).
quote:
Originally posted by morcus
I'm not so bothered by the fact that it's a poor price as I am by the changes in the policy that weren't exactly made obvious. If I'd just accepted it I could well have had an accident and found out I wasn't insured (Or more likely claimed driving expenses, then been audited and done for fraud).
The AA are particularly bad for it, I had to sort out a friends insurance recently, the AA had hiked her price by 25%, with LV she insured for the
same money as previously but with minimum excess and decent breakdown cover.
Our own cover with LV went down year on year although we started with 7 years no claims.
[Edited on 11/2/14 by britishtrident]