insurance

macafee2 · 12th March 2019, 13:31

this topic comes up every so often.
wife rang for a quote instead of just renewing and saved £182.
why oh why apart from ripping off their customers, do insurance companies send out over inflated renewal quotes?

fwiw:-

Just insured my Tourer CDTI, £240 fully comp on a multi car policy, no performance mods but mods.
My saloon CDT last year with mods including a remap was £300, just rang
HIC which may be part of Adrian flux and down to £260 but with a couple of add on's its nearly £300. Ccant recall add on's, they are going to email me what they are, key care is one I think

macafee2

topman · 12th March 2019, 15:25

Quote:

Originally Posted by macafee2

why oh why apart from ripping off their customers, do insurance companies send out over inflated renewal

'Cos plenty don't bother shopping around and just accept the quote they are offered.

MSS · 12th March 2019, 16:31

Quote:

Originally Posted by macafee2

.......
why oh why apart from ripping off their customers, do insurance companies send out over inflated renewal quotes?
................

macafee2

Part of the answer has been provided by topman above. The other part is that those who feel they are in the know expect to get a price reduction by phoning up. People want to negotiate the price downwards on everything. It's chicken and egg......

vacuman · 12th March 2019, 17:59

Renewal letter from Admiral yesterday on the wife's Citroen. Last year, £385, this year, £464. No change in circumstances.

Tried Confused and got Halifax and Lloyds (??) offering matching cover for £223. Didn't even know banks and building societies did insurance. Perhaps I can open an ISA at Direct Line

Mike Noc · 12th March 2019, 18:25

Go back and tell Admiral and they might even better the new quote - they did for me.

12th March 2019, 13:31	#1
macafee2 This is my second home Rover 75 Saloon & Tourer Join Date: Sep 2012 Location: Lincoln Posts: 14,931 Thanks: 1,630 Thanked 3,032 Times in 2,181 Posts	insurance this topic comes up every so often. wife rang for a quote instead of just renewing and saved £182. why oh why apart from ripping off their customers, do insurance companies send out over inflated renewal quotes? fwiw:- Just insured my Tourer CDTI, £240 fully comp on a multi car policy, no performance mods but mods. My saloon CDT last year with mods including a remap was £300, just rang HIC which may be part of Adrian flux and down to £260 but with a couple of add on's its nearly £300. Ccant recall add on's, they are going to email me what they are, key care is one I think macafee2

12th March 2019, 17:59	#4
vacuman Gets stuck in MG ZT-T Join Date: Feb 2017 Location: St Albans Posts: 855 Thanks: 69 Thanked 236 Times in 172 Posts	Renewal letter from Admiral yesterday on the wife's Citroen. Last year, £385, this year, £464. No change in circumstances. Tried Confused and got Halifax and Lloyds (??) offering matching cover for £223. Didn't even know banks and building societies did insurance. Perhaps I can open an ISA at Direct Line __________________ • This vehicle was the 8,186th ZT-T to run off the production line, out of 8,249 • This vehicle was the 1,723rd ZT-T 190 + to be made out of 1,756 • This vehicle was the 149th ZT-T in Mica Blue (Ignition) (code: JGY) to be made out of 160 Mica Blue (Ignition) ZT-Ts

12th March 2019, 18:25	#5
Mike Noc This is my second home Rover 75 CDT Manual Connoisseur SE, Rover 75 CDT Automatic Connoisseur SE & a Freelander Td4. Join Date: Jul 2009 Location: Hampshire Posts: 11,551 Thanks: 3,470 Thanked 3,119 Times in 2,247 Posts	Go back and tell Admiral and they might even better the new quote - they did for me.