MSE News: 'I bought car insurance for 96p'

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

"A grandmother from Kent has broken the MoneySavingExpert.com record for the cheapest-ever annual car insurance policy ..."

Read the full story:
'I bought car insurance for 96p'

rebeccaj

I got paid to have my car insurance a couple of years ago. At the time insurance sites were giving large (upwards of £100) cashback payouts through the cashback sites, although the cashback levels do seem to have reduced since then.

But in 2007 I got a quote for £96 for third party insurance on a little old banger I was running at the time. The cashback I received was £120.

Result - they paid me £24 to insure my car with them for the year

Quentin

Link in OP is bad.

Try: http://www.moneysavingexpert.com/news/insurance/2009/10/i-bought-car-insurance-for-96p?utm_source=forum&utm_medium=sidebar&utm_campaign=box

Inactive

Has she actually got her payment from Quidco yet, it seems that many people do not, especially from some insurers.

dacouch

96p for a Swintons policy seems over priced to me

mcjordi

i got my payment from kwik fit paid into my bank on friday last week

took from July till end september

Quote

It wasn't 96p though. For some reason she paid on a credit card which incurred a £2.42 charge.

Comprehensive cover with protected NCD doesn't sound like "the best policy ever". There are loads of other benefits which could be missing from the policy. What's her compulsory excess on the policy?

I don't believe what anyone says they pay for car insurance.

dacouch

Quote wrote: »

It wasn't 96p though. For some reason she paid on a credit card which incurred a £2.42 charge.

Comprehensive cover with protected NCD doesn't sound like "the best policy ever". There are loads of other benefits which could be missing from the policy. What's her compulsory excess on the policy?

I don't believe what anyone says they pay for car insurance.

I like the way the MSE article states the £2.42 was "voluntary". I also noticed how they made a play on there was no voluntary excess and conveniently forgot to mention what the compulsory excess is. For a financial website it would have been more helpful if they had reported the facts without it being sensationilised.

MarkyMarkD

Well, the £2.42 WAS voluntary, in that it was totally avoidable.

It would be silly to include that in the cost for the purpose of the article.

Inactive

Credit Card charge???, are Swinton part of Ryanair?;)

muhammadfaiz

hello! some one can help me plz actually i want to buy car insurance can someone tell me that how i can get that cheaper and i also want to know that which cash back site is the best for cashback for can insurance.
thank you very much for help.