Declined to quote

lisyloo

If an insurer declines to quote then is this the same as being refused insurance?

I say yes, my husband says no.
Can anyone settle it?

This was quite a suprise as the person is middle aged with an advanced qualification.

chalkie99

No, not the same - simply something they don't want to quote for.

kingstreet

I'm with your husband.

If during the quotation process you discover an insurer chooses not to offer a particular type of cover (business use?) or for particular types of vehicle (grey imports?) that is their commercial prerogative and you move on to an insurer prepared to offer that cover. No refusal or decline here.

If you then complete an application form to another insurer, submit it and have it rejected or declined by the insurer for reasons particular to you when they would normally cover someone, I would say that was a definite refusal.

Entirely my opinion, but if they won't do it for anyone, it's not a refusal, if they normally do it for all, but won't do it for you, then it is a refusal.

I'm sure there's a really pithy contract reason which one of the "eagles" will confirm, but as it's been nearly thirty years since my ACII foundation course, I can't remember what it is...

Quentin

You are wrong (of course).

Give in gracefully and let him get on with it without you coming here to look for support!

lisyloo

let him get on with it without you coming here to look for support!

I was actually looking to learn the correct answer as I understand the importance of getting these details correct (which is soemthing I've learnt from here).
I am delighted he's right and I've learnt something.

Thanks guys.

As an observation, I am suprised that a middle aged person with advanced qualification, clean licence and no claims was declined and we know from out other quotes that we don't live in a bad area, but of course I accept it's their choice.

mikey72

lisyloo wrote: »

I was actually looking to learn the correct answer as I understand the importance of getting these details correct (which is soemthing I've learnt from here).
I am delighted he's right and I've learnt something.

Thanks guys.

As an observation, I am suprised that a middle aged person with advanced qualification, clean licence and no claims was declined and we know from out other quotes that we don't live in a bad area, but of course I accept it's their choice.

Advanced qualifications don't usually make much difference any more.
Middle aged, not the wrong side by any chance?.
Good area, more car theft?

jennifernil

My OH is 68, has lived in UK since 1970, retired, and needs only social and domestic cover. We have had many companies decline to quote because:-

he has not lived long enough in the UK
they do not support the use of the car
his age
he does not fit their client profile
the car does not fit their profile

weird!

mikey72

jennifernil wrote: »

My OH is 68, has lived in UK since 1970, retired, and needs only social and domestic cover. We have had many companies decline to quote because:-

he has not lived long enough in the UK
they do not support the use of the car
his age
he does not fit their client profile
the car does not fit their profile

weird!

It's the next stage of the cherry picking.
No young drivers.
No old drivers.
So what's the next highest risk going to be?
Probably see more of these posts appearing

rupertb_2

A good example is if you want apply for life insurance and you are already over the age of 65 some insurers will decline to quote, this is simply that they will not take on the risk for that demographic. On the other hand being refused insurance on the other hand is if you fit their eligibility criteria then at application stage due to medical conditions or other criteria you are declined cover. The first is insurers not meeting your requirements where the second is you not meeting their requirements.

lisyloo

Middle aged, not the wrong side by any chance?.

44, so shouldn't be in the decripid category :-)

Good area, more car theft?

I don't think so (the other quotes aren't high).
My personal bike premium is £120 for same post code including UK & European breakdown which quite frankly I think is stunning value, so I don't think it's a postcode issue.

I suspect the issue is 2 years experience on a 1000cc bike at a guess, although that is not spectacularly powerful if you are riding with a passenger.

It might be a bit "born again biker".
There was an issue years ago when a lot of middle-aged men came back into biking and found the bikes were spectacularly more powerful than when they rode bikes the first time round as teenagers. It was a risk category for a while (now the big concern is 16-19 year olds).
I fully accept a private business has the choice, but I do agree that we may see more cherry picking.

It's not a big issue as other comapnies are quoting, it was just a bit of a suprise having no bad record.

mikey72

lisyloo wrote: »

44, so shouldn't be in the decripid category :-)

I don't think so (the other quotes aren't high).
My personal bike premium is £120 for same post code including UK & European breakdown which quite frankly I think is stunning value, so I don't think it's a postcode issue.

I suspect the issue is 2 years experience on a 1000cc bike at a guess, although that is not spectacularly powerful if you are riding with a passenger.

It might be a bit "born again biker".
There was an issue years ago when a lot of middle-aged men came back into biking and found the bikes were spectacularly more powerful than when they rode bikes the first time round as teenagers. It was a risk category for a while (now the big concern is 16-19 year olds).
I fully accept a private business has the choice, but I do agree that we may see more cherry picking.

It's not a big issue as other comapnies are quoting, it was just a bit of a suprise having no bad record.

Born again bikers are still an appalling risk.
They were used to a 250cc engine back in the 80's, and now they buy 1000cc upwards, and jump straight on, and come straight off again.
They also make a lot more mess with a much heavier bike.
Not many 16-19 year olds can afford a large bike straight off.
Maybe a compulsory re-test is needed, if you haven't had bike insurance for say 5 years.