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Insurance quote suddenly went down?

naaads_xo
naaads_xo Posts: 58 Forumite
Sixth Anniversary 10 Posts Name Dropper Combo Breaker
in Motoring
So I just passed a few weeks ago, I put myself as the main policyholder, both parents are drivers. When looking for insurance with direct line I usually get a quote of around £1700-1900 it varies. I just done a quote now and all of a sudden it gave me a quote of £1240. So shocked!!!! Is this legit? How has it gone down all of a sudden so much?

Comments

  • jk0
    jk0 Posts: 3,479 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    I would grab it with both hands before they change their minds. :)
  • naaads_xo
    naaads_xo Posts: 58 Forumite
    Sixth Anniversary 10 Posts Name Dropper Combo Breaker
    But aren’t insurance quotes valid for 30 days so technically they have to respect the price given? Or do they have the right to change their minds and increase it back up
  • BoGoF
    BoGoF Posts: 7,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    naaads_xo wrote: »
    But aren’t insurance quotes valid for 30 days so technically they have to respect the price given? Or do they have the right to change their minds and increase it back up

    Some say their quotes are valid for x days.....some not. As you have discovered insurance pricing is dynamic and can go either way.
  • forgotmyname
    forgotmyname Posts: 33,050 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Some quotes are only valid for the time the quote window is open. Close the window and quotes are all new.
    Censorship Reigns Supreme in Troll City...

  • MEM62
    MEM62 Posts: 5,545 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'd be more shocked at the original quotes! :eek:
  • GunJack
    GunJack Posts: 11,954 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MEM62 wrote: »
    I'd be more shocked at the original quotes! :eek:

    New and probably young driver....not unusual amounts unfortunately.
    ......Gettin' There, Wherever There is......

    I have a dodgy "i" key, so ignore spelling errors due to "i" issues, ...I blame Apple :D
  • Herzlos
    Herzlos Posts: 16,342 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Are all the details correct?
This discussion has been closed.
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