car insurance increased can i do anything????

momisa

Hi Winky

You're no longer a new customer and as happens with most insurers they provide great deals for first timers to lure us in and then hope we'll stay on at renewal no matter what the quote.

As others have said, I also phone around at renewal time - it's not too late for you, offices will be open on Saturdays too!! My plan of action which has always worked is to make myself a cuppa, pick up the yellow pages and the phone, get comfy and start dialling as many 0800 numbers as I can find. I don't think I've had to phone more than about 5. I know this is time consuming but you'll soon find out what's on offer and what price is reasonable in the current market for your needs. I then end up fighting it out between 2 companies and usually speak to one and then the other for quite a while as they start to beat each others price. I make a point to decide on to give my business too within 1 hour from the start of making any calls.

Every year has gotten cheaper for me. A little effort usually saves a ton of money.

Good luck

nanana_2

Labman wrote: »

Explain & expand....before you get this thread pulled.

LOL. Your requirement for an explanation and expansion tends to confirm the accuracy of skintscotsman's initial observation and statement.

niceguyed

skintscotsman wrote: »

You're an !!!!!!.

Seconded..

scheming_gypsy

Has the car got a cat 1 imobiliser on it? if not get one on it.
See if a tracker will bring the premiums down by much.
Stick your mum on the insurance as well, she doesn't have to drive it but by having a woman on brings it down.

thewinkshow

i dont think people really read my post.it has an imobiliser but that is nothing to do with what im getting at,it had an imobiliser last year and it still has one now.i have searched around for quotes as i always do,again this really isnt my point.again i know its a high risk convertable sports car and im young but it was a high risk sports car last year just the same,so i feel all this talk is irelevant.no need to wipe my eyes mate,ill just go elsewere and yeah u r an !!!!!! as its being duly noted.my point was simply this

last year-age 21,value 7000,2 years no claims-premium= 989
this year with same company age 22,value 6000,3 years no claims premium =2200

that was simply my point of how can they justift this price when im circumstances have improved and i havent claimed.
id expect the premium should of gone down,but o.k it can go up,but not normally more that double,do you agree.
MG went bust way before i bought the car,so again if the parts are hard to source now they were hard to source in 2006 when i bought it,meaning this shouldnt really have any bearing on my new price.
i know that u are not guarenteed a cheap quote just becuase they are a specialist broker,this isnt my point,my point is this broker having risk assesed me gave me isurance for £989 based on this risk,and a year later come back with more that double and offer no explaination as to why.

being young,high risk having imobiliser,getting my parents on the policy e.c.t are really nothing to do with it as these were all issues last year and were reflected in my last premium.i just wanted to know if there was anything i could do to argue my point that i feel its extortion.

thanks

darich

thewinkshow wrote: »

i dont think people really read my post.it has an imobiliser but that is nothing to do with what im getting at,it had an imobiliser last year and it still has one now.

No mention of immobiliser in your original post so it's not unreasonable to expect someone to suggest it.

thewinkshow wrote: »

i have searched around for quotes as i always do,again this really isnt my point.

You didn't say you had searched for quotes in yourt original post.[/quote]

thewinkshow wrote: »

again i know its a high risk convertable sports car and im young but it was a high risk sports car last year just the same,so i feel all this talk is irelevant.

All what talk? You've received several pieces of advice, some more useful than others and given that you gave the bare minimum of info in your origianl post, it's no great surprise to read the posts giving you advice.

thewinkshow wrote: »

no need to wipe my eyes mate,ill just go elsewere and yeah u r an !!!!!! as its being duly noted.

No need for slanging although i agree the post by labman was uncalled for.

thewinkshow wrote: »

last year-age 21,value 7000,2 years no claims-premium= 989
this year with same company age 22,value 6000,3 years no claims premium =2200

There are so many variables that affect insurance so while these ones will affect your premium, there they're not the only ones. Accidents in your area? has your car become a favourite for thieves or boy racers in your area? Local dealer closed?

thewinkshow wrote: »

id expect the premium should of gone down,but o.k it can go up,but not normally more that double,do you agree.

No - see above point regarding the number of variables

thewinkshow wrote: »

MG went bust way before i bought the car,so again if the parts are hard to source now they were hard to source in 2006 when i bought it,meaning this shouldnt really have any bearing on my new price.

If parts were in good supply when you bought the car, but are not made any more, is it not reasonable to assume that other MG drivers are using up that finite supply of parts and therefore reducing the availability to your good self?

thewinkshow wrote: »

i know that u are not guarenteed a cheap quote just becuase they are a specialist broker,this isnt my point,my point is this broker having risk assesed me gave me isurance for £989 based on this risk,and a year later come back with more that double and offer no explaination as to why.

As has been suggested - companies quote cheap to get you in then the price will increase - some people just accept it, but if you shop around then you're almost guaranteed to get a cheaper quote.

thewinkshow wrote: »

being young,high risk having imobiliser,getting my parents on the policy e.c.t are really nothing to do with it as these were all issues last year and were reflected in my last premium.i just wanted to know if there was anything i could do to argue my point that i feel its extortion.

You're young until you reach 30 as far as insurance is concerned, but see previous points on the number of variables that affect premium prices.

And following on what one poster said - a spell check and a gramar check makes posts far easier to read and inderstand.

good luck

scheming_gypsy

thewinkshow wrote: »

i dont think people really read my post.it has an imobiliser but that is nothing to do with what im getting at,it had an imobiliser last year and it still has one now.i have searched around for quotes as i always do,again this really isnt my point.again i know its a high risk convertable sports car and im young but it was a high risk sports car last year just the same,so i feel all this talk is irelevant.no need to wipe my eyes mate,ill just go elsewere and yeah u r an !!!!!! as its being duly noted.my point was simply this

last year-age 21,value 7000,2 years no claims-premium= 989
this year with same company age 22,value 6000,3 years no claims premium =2200

that was simply my point of how can they justift this price when im circumstances have improved and i havent claimed.
id expect the premium should of gone down,but o.k it can go up,but not normally more that double,do you agree.
MG went bust way before i bought the car,so again if the parts are hard to source now they were hard to source in 2006 when i bought it,meaning this shouldnt really have any bearing on my new price.
i know that u are not guarenteed a cheap quote just becuase they are a specialist broker,this isnt my point,my point is this broker having risk assesed me gave me isurance for £989 based on this risk,and a year later come back with more that double and offer no explaination as to why.

being young,high risk having imobiliser,getting my parents on the policy e.c.t are really nothing to do with it as these were all issues last year and were reflected in my last premium.i just wanted to know if there was anything i could do to argue my point that i feel its extortion.

thanks

you also asked this:

thewinkshow wrote: »

i bought the car under the understanding i could get insurance for this amountmi cant afford to pay this new price at all,so ive now got a car i cant afford.is there anything i can do?

Rather than carry on your quest to find out why there's a huge price increase try phoning them again as a new customer. You can still get insured with the same company without renewing your policy.

debsy42

I've got an MG, my policy has gone up this year as it does at every renewal time. I shop around and find the best policy for me at a price I can afford. I saved £250 on last years policy by doing this. Please remember that insurance companies are in it to make money and usually offer reduced premiums to get your money and then at renewal bump the price up.

shelly

thewinkshow wrote: »

i know that u are not guarenteed a cheap quote just becuase they are a specialist broker,this isnt my point,my point is this broker having risk assesed me gave me isurance for £989 based on this risk,and a year later come back with more that double and offer no explaination as to why.

They get you in the first year with a cheap quote then sting you the following year.

They don't have to offer you an explanation, they are a business and are out to make money. Insurance goes up for us all every year, shop around and vote with your feet.

Then get over it.

anniecave

you could sell the car and buy something nice and cheap to insure, and probably have some money left over to treat yourself with as well!

Easy for me to say as I'd never buy a sporty car, but I thought I'd suggest it!

Insurance does seem to be going up and up all the time. And at almost £1000 per year that's on the high side of average, so I'd expect yours to go up as insurance prices generally are going up. That's the way things go I'm afraid!