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!
Tesco car insurance 'mystery' ...
paddy's_mum
Posts: 3,977 Forumite
I very rarely come on to this particular part of mse but just wanted to tell others about my dealings with Tesco insurance this morning.
With a pack of muddy, hairy pet dogs to deal with on a day-to-day basis, I run a small van as my general vehicle. I was looking for fully comp, myself the only driver. The Tesco quote for it was £187, significantly less than anyone else was offering. However, when I examined the fine print, the compulsory excess is £475, almost half the value of the vehicle itself.
Now that I realise how they keep their insurance premiums so low (policyholders fund it via the excesses) I shall be returning to an AA arranged provider. The policy they offered me is £235, fully comp, for both hubby and me, with an excess of £200.
No competitition although on first glance, the Tesco quote was a much better deal. Perhaps it's just me being naive but I can't make the figures tally up since two named drivers might logically mean the vehicle is doing twice the mileage that only one driver could achieve = twice the likelihood of a prang? Maybe I am being thick but I can't make the numbers tally! Can anyone else?
With a pack of muddy, hairy pet dogs to deal with on a day-to-day basis, I run a small van as my general vehicle. I was looking for fully comp, myself the only driver. The Tesco quote for it was £187, significantly less than anyone else was offering. However, when I examined the fine print, the compulsory excess is £475, almost half the value of the vehicle itself.
Now that I realise how they keep their insurance premiums so low (policyholders fund it via the excesses) I shall be returning to an AA arranged provider. The policy they offered me is £235, fully comp, for both hubby and me, with an excess of £200.
No competitition although on first glance, the Tesco quote was a much better deal. Perhaps it's just me being naive but I can't make the figures tally up since two named drivers might logically mean the vehicle is doing twice the mileage that only one driver could achieve = twice the likelihood of a prang? Maybe I am being thick but I can't make the numbers tally! Can anyone else?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards