We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Higher excess = higher premium?
scooby75
Posts: 800 Forumite
Just doing some quotes for my brother. Swinton charged a higher premium for a higher excess, something which I have never seen before.
Any thoughts or ideas from anyone?
Any thoughts or ideas from anyone?
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
0
Comments
-
CHoose another "broker"!0
-
Nothing with insurance makes sense.
keep trying.Censorship Reigns Supreme in Troll City...0 -
Third party only is occasionally more expensive that fully comp because insurers believe, for certain kinds of customer, those choosing third party only are much worse drivers than those choosing fully comp.
Something similar could be going on here if Swinton believe those choosing higher excesses are dramatically worse drivers than those choosing lower excesses.0 -
There is often an apparently paradoxical element to insurance:
People who look for TPO insurance tend to be worse insurance risks.
Keeping your car in a locked garage makes it more likely to be stolen, because the thief knows which house to raid to get the keys.
People who suffer non-fault incidents when they are miles away from the car tend be worse insurance risks.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
It was comprehensive, not tp.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
-
I've never really noticed much difference between insurance premiums when I change the excess (rarely more than a few quid) - so I keep it as low as possible.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards