Car insurance companies cheeky "admin" fees

Quiet_Spark

wba31 wrote: »

£35 is cheap. I paid £50 a few years back to Churchill, Missus paid £45 last month to Diamond.

Im now with NFU where there are no admin fees...

Elephant charged my friend £22 to add me as a named driver to his existing (10 months left to run) policy on his 57 plate M3, but that caused the premium to drop by £48 at the same time so that put him £26 up on the deal.

Needless to say he wants me to be a named driver when he renews next year, and I have no problem with that as it means I get to use it whenever I want with enough advance request

londonTiger

yeah, i bet a lot of drivers feeled shackled to their cars just down to the aggro you'll get from insurers. It's a big enough hassle selling your car but then admin bs of dealing with policy changes to your insurance is a nuisance.

dacouch

londonTiger wrote: »

yeah, i bet a lot of drivers feeled shackled to their cars just down to the aggro you'll get from insurers. It's a big enough hassle selling your car but then admin bs of dealing with policy changes to your insurance is a nuisance.

The admin with changing your car involves either one phone call to your Insurer, or an email, or changing it on their website or sending them a letter.

It's hardly a chore

londonTiger

dacouch wrote: »

The admin with changing your car involves either one phone call to your Insurer, or an email, or changing it on their website or sending them a letter.

It's hardly a chore

well the insurance is never going to be competitive - you know the premium will have to be quite bad for you to cancel the policy and sign up to another. Likewise, they know it to - they have you locked in so they don't need to give you the same competitive rate they offered you in the price comparison tables.

cancellation fees is often ridiculous as well. £150+ is not uncommon.

username

I spotted this year that Hastings Direct had lumped on an 'arrangement fee' of £20 on my policy that I had taken out directly with them over the internet via their website.

Bunch of bloody swines! A fee for what exactly?! Air and a bunch of electrons flowing down their wires.

I opted for electronic delivery of the insurance documents (they didn't have to send me anything), I didn't have to talk to anyone on the phone to do it and also paid by debit card (nice 2.5% CC charge).