Eek! Car insurance renewal just arrived...

onebusybee

and I will not being staying with them this year!

My renewal is £605.41 :eek:. Last year I paid £396.75.

I am 25 years old, been driving 3 years, have 2 years no claims, never claimed, never been in an accident, no points etc. How on earth can it leap up by so much.

This is for third party, fire and theft.

Any advice on where / how I can get it cheaper?

dacouch

Try comprehensive

tripled

Use a couple of comparison sites, but remember to check the level/quality of cover, and that your details have transferred through correctly when you buy.

Mr_Man_Full_of_Love

onebusybee wrote: »

and I will not being staying with them this year!

My renewal is £605.41 :eek:. Last year I paid £396.75.

I am 25 years old, been driving 3 years, have 2 years no claims, never claimed, never been in an accident, no points etc. How on earth can it leap up by so much.

This is for third party, fire and theft.

Any advice on where / how I can get it cheaper?

Unless "eek" is the name of the insurer there's not much clue as to where you're getting it now.

Kavanne

Go on compare the market, find the cheapest quote, then call your insurers and say you don't want to renew because you've found it cheaper elsehwere.

They will either match it, or you can cancel, simples.

LeeSouthEast

Shop around. You have to every year these days...!

I've been driving 10 years, never claimed, no points... signed with Direct Line last year for £380 fully comp and loads of 'extras'. Renewal notice they wanted £595, before extras! Told them to stuff it, and after 60 minutes of shopping around, went with Hastings Direct for £280! Loyalty doesn't pay in the insurance market.

King_Nothing

My bike insurance went up 100% this year, lol. I had one accident but I never told them about it and fixed the bike myself, so had 1 years experience, and 1 years no claims, and they reward me by deciding to charge me double what I paid the first year. I'm sure they're just trying their luck, as I imagine quite a percentage of people would be happy to sit and not need to do anything when renewel time comes around so just pay the inflated price, it's madness.

Quote

LeeSouthEast wrote: »

Loyalty doesn't pay in the insurance market.

Nor does settling for the cheapest insurance. Direct Line to Hastings. Laughable.

Kavanne

King_Nothing wrote: »

My bike insurance went up 100% this year, lol. I had one accident but I never told them about it and fixed the bike myself, so had 1 years experience, and 1 years no claims, and they reward me by deciding to charge me double what I paid the first year. I'm sure they're just trying their luck, as I imagine quite a percentage of people would be happy to sit and not need to do anything when renewel time comes around so just pay the inflated price, it's madness.

This happened to me this year but I told my insurer I found it cheaper elsewhere and they still managed to knock it down a bit. Plus I complained about their service and got a £20 refund lol!

Mr_Man_Full_of_Love

King_Nothing wrote: »

My bike insurance went up 100% this year, lol. I had one accident but I never told them about it and fixed the bike myself, so had 1 years experience, and 1 years no claims, and they reward me by deciding to charge me double what I paid the first year. I'm sure they're just trying their luck, as I imagine quite a percentage of people would be happy to sit and not need to do anything when renewel time comes around so just pay the inflated price, it's madness.

You probably also had a 50% first year discount - hence the price doubling for the second year.:A

onebusybee

Thanks everyone.

I used a few comparison sites to get the average all of which were cheaper than the renewal. I phoned Endsleigh (current provider) gave them my new quote and the woman laughed and said there was no way they could even get close too it!

So I told them to cancel and as from next month I will be insured fully comp by alliance and leicester for a lot less money and much better extras. :j

Lesson learnt... shop around!