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Rip Off Saga admin charges on car insurance

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I know this has been in the press recently, insurance companies charging excessive fees for the slightest change in details, well I have just experienced this with Saga. Change of address on my car insurance has just cost me £29.55!


I asked for a breakdown and; £11.55 for notifying DVLA (I think they mean the national insurers database - that's one press of a button), then £18 'admin' for entering my new address on my account (this is probably auto-linked to the national database anyway).


Truly Rip Off Britain - Saga off my list

Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    Perhaps a little higher than some, but not excessive. If you only want to deal with insurers with low admin fees there's a fair chance you'll end up paying higher premiums.
  • dunstonh
    dunstonh Posts: 119,646 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Change of address on my car insurance has just cost me £29.55!

    Actually, the admin charge is £25 and the £4.55 is likely change in premium. (see their published terms on their website)

    £25 is a reasonable admin charge and by no means rip off.
    Truly Rip Off Britain - Saga off my list

    Truly not a rip off. However, by all means pay a higher premium for not having explicit charging.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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