Insurance Renewal

garcon6

Insurance renewal with Direct Line is £423, voluntary excess £250, £100 voluntary excess £100 and £100 excess for fire/theft, this is with 3 penalty points (parking on zig zag lines).

Any suggestions on lowering the price i will try a quote online to see if it is lower.

Thinking my car is only worth about £800 but i always go fully comprehensive.

Thanks,

Garcon6

quotememiserable

You seem to have answered your own question - on an £800 car why go comp, try TPF&T.
And you could try lowering the voluntary excess to £0. You'll be surprised how little difference to premium it makes

garcon6

Will lower the voluntary excess to £0 hopefully will get a lower quote!!!

keith1950

Will lower the voluntary excess to £0 hopefully will get a lower quote!!!

No, lowering the voluntary excess would raise the premium, raise it to £1000 so you are effectively TPF&T.

forgotmyname

3rd party may actually cost more. Having a high excess £1000 if you never plan on claiming on your own policy may make it cheaper.

You need to play with this figure, £300 maybe cheaper than £50 but £400+ may actually increase the premium.

Find a cheaper company? Move to a quieter area with no cars? Get a car thats cheaper to insure?

garcon6

£286 with £1000 voluntary insurance with Swinton and £40 cashback.

Yorkie1

Did you try a quote through D Line's website as a new customer? Perfectly legitimate - if it's lower and you want to stay with DL, ring them up and see whether they'll match the quote. If they won't, then you can just take out the online policy.

Gavin_C

Any change to the voluntary excess can affect the premium and it doesn't always make much sense.

I was informed if I removed the voluntary excess (which I never agreed to have in the first place - see my other thread on this) the the premium asked for would reduce by something like 30% for my particular case

Gavin_C

garcon6 wrote: »

Insurance renewal with Direct Line is £423, voluntary excess £250, £100 voluntary excess £100 and £100 excess for fire/theft, this is with 3 penalty points (parking on zig zag lines).

Any suggestions on lowering the price i will try a quote online to see if it is lower.

Thinking my car is only worth about £800 but i always go fully comprehensive.

Thanks,

Garcon6

If you want to save money, don't rule out any option without first looking into what it actually means.

In my case, fully comp was indeed about the same price as TPFT, but the compulsory Xs was significantly more fully comp.

Gavin_C

garcon6 wrote: »

£286 with £1000 voluntary insurance with Swinton and £40 cashback.

A good example where you really did need to check out what TPFT would have cost, and the associated terms thereof

vaio

Gavin_C wrote: »

........In my case, fully comp was indeed about the same price as TPFT, but the compulsory Xs was significantly more fully comp.

But surely if you are considering none comprehensive insurance than that implies your car & circumstances are such that you wouldn't make a claim for it on your policy?

In which case the size of the excess doesn't matter other than to alter it to minimise the premium?