Insurance quotes are a joke!

agrinnall

Perhaps it's the insurance gods reaching down to issue the OP with yet another dose of karma, I certainly hope so anyway.

foxy-stoat

blazzz2016 wrote: »

I am looking into getting my 1st car as well and a quote which was £1200 a week ago is now more than double- £2900 today!!!

If you had taken the insurance out last week then you would of saved yourself £1700...doh !

foxy-stoat

kmb500 wrote: »

it's literally £300 difference... in the space of 10 minutes. lol.

If you can save £300 by waiting a few minutes then do it ! Nice bit of money saving there.

blazzz2016

foxy-stoat wrote: »

If you had taken the insurance out last week then you would of saved yourself £1700...doh !

Doh! But what you obviously missed is, its the same details, same everything and look at the wild differences!! My quote last week wasn't at the definitive stage- It was just a feeler to see how much it would cost. Did another one today and its gone back down to £1234.

Car_54

blazzz2016 wrote: »

Doh! But what you obviously missed is, its the same details, same everything and look at the wild differences!! My quote last week wasn't at the definitive stage- It was just a feeler to see how much it would cost. Did another one today and its gone back down to £1234.

You weren't being definitive. Clearly they weren't either. Yours was "just a feeler" - so was theirs. What's the difference?

Muscle750

And yet they only pay the body shop repairers £30 per hr labour max and get given huge discounts on parts paint etc.....................never see a insurance co go bust

Apodemus

These price differences may also be based on their analysis of your web activity. If they see a browser history that you are shopping around, the price may come down. If they see you repeatedly coming back to them, then it may rise. It's like buying trinkets in the souk, good old fashioned haggling, nothing more. Check again by using a different computer or a different log-in, or clear your cache and try again, prices might be better or worse depending on their algorithms.

peter12345678910

The share prices of the insurance company may affect the quote, worth checking. This could change in a matter of seconds.

agrinnall

Muscle750 wrote: »

And yet they only pay the body shop repairers £30 per hr labour max and get given huge discounts on parts paint etc.....................never see a insurance co go bust

May I introduce you to (among others in the UK that have failed) Equitable Life?

https://en.wikipedia.org/wiki/The_Equitable_Life_Assurance_Society

rudekid48

Muscle750 wrote: »

And yet they only pay the body shop repairers £30 per hr labour max and get given huge discounts on parts paint etc.....................never see a insurance co go bust

You do, but not that often. What is more common is for insurers to stop offering motor and/or home insurance to some or all of the market due to the lack of profits.