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Eddieboi

Renewal Time - Taking The Mick?

31 posts in this topic

Hi all,

I'm due for renewal on my fiesta 2008. Now I've been driving since February 2012 and have a years no claim with Admiral.

Back in February 2013 my then car a vauxhall corsa M reg was due for renewal and Admiral quoted me £1057.13 third party so I was like no thank you!

I ended up getting new insurance with Lloyds which cost me around £600 odd and was living in Beckenham. So I got a better deal, after a few months I moved to Caterham in August 2013...I changed my address for the insurance and got about £100 odd taken off as the area was a low crime/accident area.

Around end of May 2013 I had a big issue with my corsa which would of cost me like £800-1000 so my only real option was to get a new car, luckily my dad helped me to get the current car I have now (Fiesta 2008 5 door).

I got the second had fiesta on around 2nd of June or so and insured it on the 10th of June 2013 under my then policy and went fully comp, now for some reason I had to start a new policy due to me having a different car (not sure if this is normal but I was surprised and just realised it may be due to me going fully comp). Now they added an additional £418.60 odd on top of my already £600 odd policy so in total £1000 odd and with 1 NCDs.

September 2013 I moved to Chislehurst into a new build apartment which was a part buy part rent property, again had to change my address and they charged me an additional £187.07, in total my insurance costed me £1182.75 with key fob cover and legal cover which I got back in June when I had to start a new policy on the car.

Now my renewal quote which I got when I rang up today as I haven't received the letter yet (apparently it was was sent out on the 21st of this month) is £1005.99 with legal cover and key fob included which I find somewhat displeasing say the least. Just to note I'm 27, have 1 year NCDs and have both my parents on the policy as secondary drivers who both have no recent accidents etc and over 15 years driving each.

So does that renewal quote and the cost of the policy before hand seem somewhat weird? Why such a low drop in price?

When I've used confused.com and just had me on the policy it's been £500 lowest up to over £1000 with current address.

I did state to Lloyds when I moved to where I am now that its a new build development so they said that's why maybe I had to pay more and I expect that's still why it's still expensive for me.

So any advise? I expect a lot of you will say to look about and that Lloyds is a rip off. I'm not sure if I'm gonna get my parents on my policy again as I'm not sure if that will have a positive or negative impact on the cost of a new policy.

I'd be interested to know what others are getting who may Owen a 2008 fiesta and around same age of me as I find it shocking it my renewal is that much I would of thought it dropped plus I would have 2 years NCDS come June this year.

Hope I haven't confused you all LOL

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To be honest, £500 is a very good price no matter where you are, especially if you only have one year under your belt.

Take it as a bonus and get it as cheap as you can around there, but I am paying £600 on a policy that has 6 years of NCB amogst other things with business and mods, so I would say take the closest you can get to £500 and enjoy reaping the benefits.

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To be honest, £500 is a very good price no matter where you are, especially if you only have one year under your belt.

Take it as a bonus and get it as cheap as you can around there, but I am paying £600 on a policy that has 6 years of NCB amogst other things with business and mods, so I would say take the closest you can get to £500 and enjoy reaping the benefits.

I agree that £500 is descent I wasn't disputing that I was quite happy with that.

However for lloyds to quote me over £1K for my renewal I wasn't so happy :P

Quite a few of the insurers on confused I don't recognise however I guess these days we can't be so picky if we want a descent insurance cost.

Sent from my SM-G900F using Ford OC mobile app

jeebowhite likes this

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Insurance companies hike up renewals all the time.

Few years ago Swinton gave me a renewal of about 600 but as a new customer (on confused.com) it was about 300.

If the renewal is stupid then decline and move to a different company.

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Ah I thought you were contesting that it was too expensive lol.

Its a good price, but as said, renewals go up, dont know why, but they dont seem to like keeping customers for some reason... Clearly the message of repeat custom being a good thing hasnt made it as far as the insurance industry.

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Never auto renew they will rip you off. Use confused, or go compare, or comapre the marlet (if you want a cuddly meerkat for free) and go with the cheapest that has all the extras you need. Make sure you cancel your DD with Lloyds or they may take the new premiums without you noticing.

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Phone them and clarify that you do not want to renew and advise you are cancelling the direct debit.

They can take the prmium with 14 days to renewal if they wanted to.

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I had a look at admiral and with my current address etc and 2 years NCDS (ill have 2 years by the time I have to have my insurance in place) and being employed and with the 10 month accelerator option came to about £522 or so.

My only issue I may be starting an apprenticeship so not sure how that will effect me once I have to stay a change of occupation.

Was with admiral before I moved to lloyds as they quoted me like £1000 odd and said lowest they could get me down to was £750 when I rang up.

Do most people just go for cheapest price or look at who the actual company on sites like confused and compare?

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Generally the cheapest. Most are owned by bigger companies anyway. You only really know how good they are when you have to claim, just hope you don't.

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I dont care who the underwriter is, I go for cost and policy bonus. I am with Adrian Flux who use an underwriter I havent got a clue who it is :p

I need the certificate, and thats what I pay for. At the end of the day, if my insurer goes bust, then the AIB would cover the costs as I have continued to fullfil insurance until the time when they went under, but to be honest its not a bad deal, you can more often than not negotiate much more with the insurers underwriter than the insurer.

I managed to save myself several hundred quid dealing with the underwriters, whereas before dealing with a named insurer like admiral, theyw ouldnt particularly budge on any price.

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I dont care who the underwriter is, I go for cost and policy bonus. I am with Adrian Flux who use an underwriter I havent got a clue who it is :p

I need the certificate, and thats what I pay for. At the end of the day, if my insurer goes bust, then the AIB would cover the costs as I have continued to fullfil insurance until the time when they went under, but to be honest its not a bad deal, you can more often than not negotiate much more with the insurers underwriter than the insurer.

I managed to save myself several hundred quid dealing with the underwriters, whereas before dealing with a named insurer like admiral, theyw ouldnt particularly budge on any price.

Adrian Flux any good? might ring to get a quote since we can get a discount as members.

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Im with Adrian Flux (2nd year now).

Age 41, ncd15years, no points, cars garaged and a couple of mods :whistling: adrian flux £592,,,,, I had quotes with no mods declared from the main stream insurers varying from £620 from esure up to about £9000 can't remember who.

Might have had something to do with being in a Bradford postcode though :lol:

prestige and chris knott are also popular companies with ford forums.

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Im with Adrian Flux (2nd year now).

Age 41, ncd15years, no points, cars garaged and a couple of mods :whistling: adrian flux £592,,,,, I had quotes with no mods declared from the main stream insurers varying from £620 from esure up to about £9000 can't remember who.

Might have had something to do with being in a Bradford postcode though :lol:

prestige and chris knott are also popular companies with ford forums.

Sounds good. I know Adrian Flux is more of a specialised insurer but do they offer like courtesy car and key cover etc?

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they do, key cover was £15 extra, can't remember if the courtesy was extra or not, I guess it depends on the company its with.

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Yep, I am with them first year, and although I was getting close to leaving them (purely for cost) they are good, also if your underwriter doesnt offer you the cheapest rate, AF will go out to tender and get all their underwriters to come back and will find you a cheaper quote if its possible.

Its a good result, but you have to know how to work the insurers to get you the best deal :)

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Sounds good. I know Adrian Flux is more of a specialised insurer but do they offer like courtesy car and key cover etc?

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Hi,

If you wanted to PM me your details I'd be happy to arrange for one of my quotes team to give you a call back.

Regards,

Dan.

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I get crazy quotes with adrian flux o_o

I'm with admiral and they've been really good and by far the cheapest

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Hi,

If you wanted to PM me your details I'd be happy to arrange for one of my quotes team to give you a call back.

Regards,

Dan.

Already got a quote from you guys and it wasn't that much better from the £1005 price lloyds gave me.

I get crazy quotes with adrian flux o_o

I'm with admiral and they've been really good and by far the cheapest

Sent from my SM-G900F using Ford OC mobile app

I ended going up with Admiral on their 10 month bonus accelerator policy fully comp. Also got hire car, personal injury and key cover for the total cost of £747 (2 NCDs and my dad as a second driver).

I may be starting an apprenticeship soon literally just after my 10th of June due date for renewal so that will effect the cost which I'm hoping it will lower as currently I'm unemployed due to attending a 7 week course.

P'S BeccaaCat just noticed you have a samsung galaxy s5 as well lol

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To be fair I used the Admiral bonus accelerator to boost my no claims after my crash 5yeae ago, not much cheaper than a 12 month policy but worth the 2 months free lol

Sent from my MY SAGA C2 using Ford OC mobile app

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I never ever take out a renew policy, I change all my insurance companies ever single year, for the ten minutes of searching a save hundreds per year.

I'm 47 Focus Mk3 TitX fully comp, £195 a year i'm paying 15 yrs NCB and no points. I know for a fact when I comes to renew they will send a quote for over £250, but I never ever go back with same policy.

I always use Meerkat :) and I think im only one away from full family.

This applies to all my insurance quotes for home and car.

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I think insurance renewals would come down massively if everyone did this.

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I've been with Chris Knott for years. 10+ years NCB, no points, no mods (yet) and I've paid on average £440 a year fully comp with the Wife and Dad on as named drivers (I'm 30 BTW). Other firms have offered cheaper premiums but I prefer to deal with CK as it feels to me, a more personal service than some of the bigger firms.

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you think your quotes are bad Edward... mine are worse.

my mum, who is 56, pays £400 for a 1.6 petrol, 55 reg (2006 registered) focus saloon with my dad as a named driver and she had well over 7 years NCB. when we were looking to replace out MK1 focus we got a quote for a 2.0 petrol honda civic and it was £800, DOUBLE what we were paying for out focus with the same size engine :wacko:

i drive a 1.1 petrol, 55 reg (2005 registered) smart forfour with my mum as a named driver. i have (now) 4 years NCB with 1 claim to my name and i payed £660 for the year.. whilst looking for 'cheaper quotes' the cheapest i found was just under £1000 and they went all the way up to £9000!!!! im only 26 and in STILL getting quotes close to and over £1000:blink: .

im sure that insurance companies think of a number then double it!

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I pay about £250 fully comp 3 years NCB on my ST

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Full of envy for your life Phil!

How on earth do you manage to swing that?

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