Car Insurance Article Discussion

blondies007

Thanks for your fast response!

I did indeed pose that question to both the Hastings claims team and standard customer service. It appears that "it's dependent on the circumstances" ... "each claim is individual I cannot give an exact time scale" ... "I can't speculate on time scales, it takes as long as it takes" are the bog standard answers. Very poor.

I guess I was hoping there is some sort of regulation with timescale / deadline for these sort of things.

But surely after no reply in 5 months?! Doh.

Quentin

In law the third party has 6 years to claim against you for damage done to their property.

Jules130

We've just received our Admiral Multi Car Policy renewal notice £700, did a quick single car comparison for both cars on Confused and with the same inusrer brought the costs down to £550. Just wanted warn everyone not to believe the 'You don't need to do anything' claim on their Admiral renewal letters. What a cheek!

TL2k9

From reading other posts in this forum, I'm in the same boat.

I've got my renewal quote from admiral quoting me 55 quid more than last year, I thought it would lower not higher with another year of NCB. Followed the guide to get best quote, I was shock to find the 3 main comparison sites quote me worse than my renewal. Well, with one exception. There was a quote from elephant which was 75 quid cheaper.

Normally, I would switch insure online for best deal. This time I'd decided to have a go ring up and haggle, rather surprisingly when I told them my quote the girl on phone more or less said elephant was admiral. A quick check and she said they would match it, no hassle . So now still with admiral but cheaper than their original quote.

You don't ask, you don't get.

Saeed

My car insurance has doubled from approx £500 last year to £963 this year according to the renewal. I have had no accidents in the last 10 years. This increase has nothing to do with personal injury claims etc. This all to do with us common people bailing out the rich banking and insurance industry, THAT IS ALL.

raskazz

Saeed wrote: »

This all to do with us common people bailing out the rich banking and insurance industry, THAT IS ALL.

Please educate yourself before returning to the thread. Here's some links to assist:

"Last year, the cost of meeting claims exceeded premium income by 22% and the spiralling increases we’re seeing show that insurers are trying to fill that chasm.”

http://www.broking.co.uk/insurance-age/news/1723031/fraud-pushes-motor-premiums

"The £9 billion personal lines motor market made an underwriting loss of 7p for every £1 of net premium"

http://www.deloitte.com/assets/Dcom-UnitedKingdom/Local%20Assets/Documents/Industries/Financial%20Services/IMU/UK_FS_IMU_NL_Sep09.pdf

"Research by the actuarial and business consultancy has found that in private motor, combined operating ratios could exceed 120%"

http://www.postonline.co.uk/post/news/1585428/motor-loss-ratios-exceed-115

allybrod

My first post, just had to put my penny's worth.

I am absolutely spewing and stressing that I have to find my renewal quote now as last year I paid £380 for the car insurance and now Im being quoted £430! I have tried to look via comparison sites and also cashback sites.

I found the cashback sites more expensive than the comparison sites, the quotes vary so much which is making my job even more difficult on finding the best insurance quote. It is driving me up the wall because I have to look very carefully on comparison sites because they can catch you out on the excesses and the lack of the options (which you can modify but it wont do the job!). I'm beginning to hate using the comparison sites it is making my job a lot longer to find the right one with all the confusing options! Whats wrong with selling a simple car insurance that suits my needs without going off a tangent.

I noticed that cheaper legal protection can be found at Best Advice, for £9.99 unlike the ones being sold approximately 25-30 quid. Can anyone clarify WHAT is the difference between these policies.

I do appreciate that premiums have gone up so much, due to various reasons.

alex_reuben

Bizarre - just looked to get insurance which runs out in the next day or so, and my premium with Barclays has gone up by nearly double to £600, and that's for TPF&T. I have 8 years NCB with no belmish to my name at all, UK based all my life, full license since '98. I shopped around, and best i could get was with esure at £420 fully comp. Why is my insurace though £120 more than last year??? I thought as you get older and get more NCB years that your premiums decrease. Does anyone have any advise please?

tobykim

Click on the links in post #1138 above and you'll see why, same for everyone

Spursy79

Hi this is my 1st post so forgive me if I'm in the wrong place. I have joined up with Quidco and was wondering if the £40 cashback they are offering with Swinton will be in addition to the £40 Swinton are offering on their site for a new policy? Our renewal this year with IGO4VAlUEhas gone up from £148 to £408 for TPF&T! So Iam trying to see what the best offer available is. Lot's have quote have come back more expensive this year.