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Insurance renewal anomolies.....Views : 1198 Replies : 19Users Viewing This Thread : |
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Nov 24th, 2020, 19:37 | #1 |
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Last Online: Oct 5th, 2021 19:46
Join Date: Oct 2013
Location: Huddersfield
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Insurance renewal anomolies.....
The insurance for Both cars in our household is due next month, mine on 22nd and my wifes on 5th. When i sorted out my wifes insurance a couple of weeks ago i had a look at quotes for me to get an idea of possible renewal costs. I could only go upto 6th December for the renewal date and premium came in at £411. Today i did a search on a couple of websites and setting the date at 22nd the renewal jumps to £468!! £57 increase, Bizarre or what?! It will be cheaper to renew from 6th....
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Nov 24th, 2020, 20:15 | #2 |
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Last Online: Yesterday 22:14
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If you listen to Martin Lewis he has some sort of algorithm that suggest that the best time to get a renewal quote from Compare the Market or other comparison sites is 21 days prior to tour renewal date.
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XC60 2013 D5 215 SE Lux Nav geartronic |
Nov 24th, 2020, 20:50 | #3 |
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I have seen that and it also states renewal premiums get higher nearer christmas.... i call it sharp practice.
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Nov 24th, 2020, 21:10 | #4 |
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I've been with the same insurance comany for the past 10 years. My renewal came in a few weeks ago for the due date of 17th Nov and I was pleasantly surprised it was down £4 from last year. I decided to try the comparison sites and ended saving another £50 so now my premium for the XC90 is £176...and a few pence
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MY2010 XC90 SE (M66-manual) Magic Blue (467) Sold MY1997 850 GLT (62,000 miles) Silver Sand (419) MY2005 V70 2.5T (66,000 miles) Willow Green (471) Volvo 850 GLT website |
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Nov 24th, 2020, 22:06 | #5 |
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It’s renewal time for me in January. Been playing around on comparison sites and I am disappointed to see the insurance on volvos in general is high (ok we are only talking £360 ish per year). I can insure a 6 series V8 BMW for the same price as my D5 , and a selection of different hot hatches for a much lower amount.
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Nov 24th, 2020, 22:30 | #6 |
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Insurance prices for cars have never made any sense, never will
One of my R’s with 80% business miles and about to renew, V high loaded postcode comes in at £257 with Esure via gocompare - happy days. And when one of their drivers hit me up the backside a few years ago they were a delight to deal with - even happier days Just always bear in mind with no claims of any kind the premium could be double next year - just the way it is ! |
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