MSE News: Record leap in car insurance costs

1.7K Posts



This is the discussion thread for the following MSE News Story:
"Figures show typical prices soared by 33% in 2010, but you can slash costs by following our simple steps ..."
"Figures show typical prices soared by 33% in 2010, but you can slash costs by following our simple steps ..."
0
This discussion has been closed.
Latest MSE News and Guides
Replies
Shouldn`t that be in 2010
My renewal was due 28 Jan - Ran a quote end Dec but did not go for it straight away - rerun early jan and cheapest co had gone up 5%. With prices rising every month and the rises applied at the start of each month it may be best to renew as early as possible?
Here I am, 23 - hoping my car insurance would start steadily making its way down as I age. Apparently not.
Also, I have noticed that companies are less and less inclined to haggle with me and make it cheaper. I generally find that now it's a case of "well if it's cheaper, go with that company then".
Bad weather is always a great excuse as well as a vat increase which gives them a golden opportunity to add their little bit extra as well.
Getting the odd speeding ticket is another.
The buildings and contents insurance brigade will sight the recent harsh weather and how many claims they had for burst pipes etc.
With car insurance you can`t really get away with it because you have to have it by law (although there are plenty running about without any at all).
Basically we`re at the mercy of these money grubbers who should also go into the same category as bankers, estate agents, MP`s and "criminals".
Don't forget, the insurance companies say £30 is added to every premium to pay for uninsured drivers. So once the problem of uninsured drivers is legislated for, the risk will be minimised and insurance companies being the kind folks that they are, will be only too happy to pass the saving back to consumers in reduced premiums.
:rotfl:
Rev Henry- you are all right in my book fella.
Who's the company?
The bonus is a myth anyway, usually you just get stung on renewal, it normally pays to at least phone them and ask for a better price, or even better shop around.