Car insurance fluctuations

Geordie_bear

Got my hands slighltly burned last year as I was searching a month early for a quote found the one I liked but waited till a week before renewal only to find out the quotes changed & it now cost £40 more!

So this year it's revenge

I'm cleverly getting quotes off the comparisons early on, at the minute I can't get any for the renewal date (11th Dec) as they only work 30 days in advance. So the past few days the best quote came from Admiral on each occasion 3rd dec £199, 4th Dec £199 5th Dec £199 6 Dec £200.34 7th Dec £222!

So in the space of 24 hours for the exact same quote the difference is £22 :eek:

If it's now going up to £222 right up to the 11th Dec it probably worthwhile to get the one beginning 6th Dec as the insurance only works out at 55p a day for the 360 days I require it! So I have 2 policies overlapping but it ain't worth the £22 extra to pay from the due date that's for sure

forgotmyname

Their systems are detecting your constant searches and suspect
fraud or trying to manipulate the figures.

You cant use the one that starts on the 6th of december unless you have zero no claims, Or cancel your current policy which will cost you.

Dont do the quotes until you are ready to buy.

Your no claims is used on the old policy so you cant use it for the new one..
Unless you cancel it. But check the charges for that. It maybe more than your saving. And you lose this years no claims because you didnt complete a full year.

InsideInsurance

Aggregators somewhat work to the lowest common demoninator, there are plenty of insurers that will quote more than 30 days in advance but because some wont it has to be the limit for the aggregator.

Admiral dont even ask your renewal date until after you get your premiums and so it isnt a rating factor for them when you apply directly. Plus you can buy from them directly more than 30 days in advance so if they're the cheapest and you want to buy today you can go directly to their site and do a quote and buy for a policy incepting on the 11th Dec

olly300

Geordie_bear wrote: »

Got my hands slighltly burned last year as I was searching a month early for a quote found the one I liked but waited till a week before renewal only to find out the quotes changed & it now cost £40 more!

Why didn't you save it?

Insurers and some comparison sites allow you to save your quotes. The majority for 30 days or up to when your policy should have started. This means when you go back you can buy it at the price you saved it at.

Geordie_bear

olly300 wrote: »

Why didn't you save it?

Insurers and some comparison sites allow you to save your quotes. The majority for 30 days or up to when your policy should have started. This means when you go back you can buy it at the price you saved it at.

I did save it but for some reason Insure who the quote was with only saved it for 7 days so I was stung for the extra

mrsvanderkamp_2

forgotmyname wrote: »

Their systems are detecting your constant searches and suspect
fraud or trying to manipulate the figures.

You cant use the one that starts on the 6th of december unless you have zero no claims, Or cancel your current policy which will cost you.

Dont do the quotes until you are ready to buy.

Your no claims is used on the old policy so you cant use it for the new one..
Unless you cancel it. But check the charges for that. It maybe more than your saving. And you lose this years no claims because you didnt complete a full year.

This thread intriuged me because I applied for new quotes to change the main driver/named driver around (you'll be familiar with my thread :-) )
and the quotes i got jumped up by about £300!! and yet when i got the results it said to "try changing your criteria to see if you can get a better quote" this then involves resubmitting your request for a quote thereby generating multiple quotes ! Soo confusing (not to mention annoying) However, when I then signed back into confused i could still access the earlier (more favourable) quotes

forgotmyname

Those quotes will help them decide that you are indeed fronting..

Why would you do quotes with him as the main driver if he really wasn't?

They will happily take your money as your phone call proved, But they wont payout.

Whether its a sporty pimped up car or a standard boring one.

mrsvanderkamp_2

forgotmyname wrote: »

Those quotes will help them decide that you are indeed fronting..

Why would you do quotes with him as the main driver if he really wasn't?

Because you scared me into thinking I was going to be doing something wrong, when as I have discovered, I am not. And because others advised me that I could in fact keep my NCD for a year, and because he would earn his own NCD which would help him next year IF he gets a car of his own. so I thought there was no harm in seeing what the price difference was. Its all really quite straight forward and quite normal behaviour in the circumstances.

lukeyb

Don't mean to revive such an old thread but came across this whilst searching for answers and you should think yourself lucky with a £40 increase. I have been saving up for a subaru impreza for years and I was finally about to buy one a few months ago. I'm 21 with 4 years ncb and was getting quotes of circa £960 fully comp (considered good for my age). I was working through the details of the car with the dealer and just as I was about reap the rewards of years of minimal social life and spending the quote had expired so I needed to refresh it. Without a single change to the details it went from £963 to £2381, the price has yet to drop back to sub £2000 and I have checked every single day as the quotes are only valid "then and there". When I spoke the my insurer they said "well the rates change on a daily basis", a 130% increase within 1 week though? Seems like an undeniable attempt at ripping off the public to me though. How can this be legal? if car insurance is a legal requirement then surely it should be a legal requirement for the insurers to conform to rules that prevent them from charging customers whatever number they pick out of the air.