Penalised For Being Honest!

CKhalvashi

arcon5 wrote: »

His does the value of ops car make the fee value for money.

This is a mere administrative excerise for them. Hardly a change that would make the risk much higher! We know that, they know that and for some reason we seem to be more a accepting of ridiculous charges.

However unless there is regulatory action to stop it, it probably won't stop.

It cost me £35 to add my mother onto OH's policy last year, again, at a tiny cost when the car is worth IRO £50k, I was going to be out the country with OH, and my mother needed to borrow a car as hers needed work done, to make it MoT-able.

CK

avantra

Challenge them and be prepare to walk away if they don't give in.

Both me and my partner used to work for large insurers and in reality the admin fee is not more than a click of a button a bit of computer power and some time a piece of mail.

£25 is thousands of % pure profit. If you pay your policy in full you can cancel and walk to a better quote without the extra £25.

I am not sure why we have a watchdog for the insurance industry as they just sit on their a r s e but do complain if you can.

To all the replies that suggest simply to accept this practice I would say -- loosers, and this is from me who use to give you quotes over the phone!

dacouch

Strider590 wrote: »

But also, statistically the unemployed are MUCH more likely to have an accident.

The OP is not unemployed, they're retired, there's a big difference to Insurers.

Strider590

dacouch wrote: »

The OP is not unemployed, they're retired, there's a big difference to Insurers.

And OP stated no change to premium....... You have to take my comment in context with all of the above posts

giraffe69

These sort of fees are more common as insurers compete on headline price. There are some insurers who don't charge an admin fee to change things but many do and they also charge for taking your car to the continent etc. It is a way of keeping the cost as low as possible to the viewer via a comparison site. My last insurer did not charge. My current one does but is about £80 cheaper so I can live with one change a year if that is needed.

dacouch

Strider590 wrote: »

And OP stated no change to premium....... You have to take my comment in context with all of the above posts

What context, the OP has just retired and you raise that the unemployed are statistically more likely to have claims. This has no bearing on the OP's situation especially as you rightly point out they paid an admin fee with no change to the premium eg there was no change to the (statistical) risk.

Strider590

dacouch wrote: »

What context, the OP has just retired and you raise that the unemployed are statistically more likely to have claims. This has no bearing on the OP's situation especially as you rightly point out they paid an admin fee with no change to the premium eg there was no change to the (statistical) risk.

I'm not getting into this.......... During the day, the roads are full of the unemployed, THIS increases the risk to all drivers that are on the roads between rush hours. Unemployed or retired, the risk increases.....

dacouch

Strider590 wrote: »

I'm not getting into this.......... During the day, the roads are full of the unemployed, THIS increases the risk to all drivers that are on the roads between rush hours. Unemployed or retired, the risk increases.....

To say the roads full of unemployed drivers during the daytime is somewhat of an exaggeration.

Unemployed drivers being on the road would increase the risk of a claim to other drivers between rush hours but it would be a negligible increased risk.

There are also employed and self employed drivers who are on the roads between rush hours.

Plenty of Insurers see retired drivers as a good risk and offer a discount to attract them (Assuming they're not over circa 80)

jackyann

Admin fee does seem to be standard these days, and I guess it helps to keep the annual fee down???
With regard to retirement: look at the car insurance advice on this website. Instead of going into a comparison site, try the ones specifically recommended for "older drivers". Those brokers make a virtue of age & experience.

Many years ago I drove a van with 8 seats as we had 4 kids + did a lot of youth work. When we first got it, the premium rocketed as the company said "that's a lot of people who might be injured". The Woodcraft Folk directed me to a broker they used who reduced the premium to 1/3 of my original quote. He persuaded companies that people who did this kind of voluntary work tended to be careful & thoughtful people.
So I think it is always worth trying a specialist broker.

arcon5

Strider590 wrote: »

And OP stated no change to premium....... You have to take my comment in context with all of the above posts

The fact there was no change to the premium doesn't mean anything as far as risk is concerned in this case. They are hardly going to reduce it mid-term.

Strider590 wrote: »

I'm not getting into this.......... During the day, the roads are full of the unemployed, THIS increases the risk to all drivers that are on the roads between rush hours. Unemployed or retired, the risk increases.....

What a load of rubbish. You can't honestly think the daytime risk is higher than rush hour risks when people are tired, traffic is busy and far too many people sitting bumper to bumper getting all territorial when somebody wants to change lanes in front of them.