Locking in car insurance quote

kimwp

How to actually do this? I'm trying to do this as per the latest weekly email, but I've got quotes before and then when I have revisited them (without changing any details), the quotes have changed.

victor2

kimwp said:

How to actually do this? I'm trying to do this as per the latest weekly email, but I've got quotes before and then when I have revisited them (without changing any details), the quotes have changed.

A quote is valid only for as long as the company providing it says. Maybe 30 days or something like that. You can't "lock" them in. I think what was suggested in the email is get a quote now and consider is it worth cancelling your current policy and getting a new one. It rarely is. You won't know how much the insurance is going to go up by and the partial year you're cancelling will not only cost you for the period you are no longer being covered in terms of the cancellation cost, but also you'll lose any accumulated no claims discount for the current period, as it won't be a full year.

kimwp

victor2 said:

kimwp said:

How to actually do this? I'm trying to do this as per the latest weekly email, but I've got quotes before and then when I have revisited them (without changing any details), the quotes have changed.

A quote is valid only for as long as the company providing it says. Maybe 30 days or something like that. You can't "lock" them in. I think what was suggested in the email is get a quote now and consider is it worth cancelling your current policy and getting a new one. It rarely is. You won't know how much the insurance is going to go up by and the partial year you're cancelling will not only cost you for the period you are no longer being covered in terms of the cancellation cost, but also you'll lose any accumulated no claims discount for the current period, as it won't be a full year.

This (in bold) is what I thought too, but now I think it is that you get a quote now and then get a quote in the new year when the changes come in (before the 30 days is up) and see how much more the one in the new year is before deciding if it is worth cancelling early and going with the first quote.

I am confused as to how to get that first quote to stand for the 30 day (or whatever) period though as I'm sure it previously recalculated when I revisited a quote (clicking on the link in the comparison site email).

Ms_Chocaholic

I'm not sure what the weekly email says about car insurance but try and go through Quidco/Top Cashback on an already good deal if you can for extra cashback.

kimwp

Ms_Chocaholic said:

I'm not sure what the weekly email says about car insurance but try and go through Quidco/Top Cashback on an already good deal if you can for extra cashback.

Thanks @Ms_Chocaholic, the weekly email says that prices for those who shop around are likely to increase in the new year due to new legislation and advises to lock in a quote now.

daveyjp

You need to visit the comparison site (which only ever give a rough guide to price), then visit the insurance company site, fill out the full proposal to obtain a quote based on your circumstances.

The insurance company quote can then usually be saved for about 30 days.

Grumpy_chap

AIUI, quotes obtained are only valid for the time they are issued - on comparison sites, the quote can increase if you go away from the site and come back even a few hours later.

Ectophile

If you go direct to the web site of an insurance company and do a quote, they will give you a reference number.  They will normally offer to email you the quote too.

That gives you time to shop around and think about it.  If you can't find anything better, use the reference number or the link in the email to retrieve your previous quote.

Sandtree

kimwp said:

victor2 said:

kimwp said:

How to actually do this? I'm trying to do this as per the latest weekly email, but I've got quotes before and then when I have revisited them (without changing any details), the quotes have changed.

A quote is valid only for as long as the company providing it says. Maybe 30 days or something like that. You can't "lock" them in. I think what was suggested in the email is get a quote now and consider is it worth cancelling your current policy and getting a new one. It rarely is. You won't know how much the insurance is going to go up by and the partial year you're cancelling will not only cost you for the period you are no longer being covered in terms of the cancellation cost, but also you'll lose any accumulated no claims discount for the current period, as it won't be a full year.

This (in bold) is what I thought too, but now I think it is that you get a quote now and then get a quote in the new year when the changes come in (before the 30 days is up) and see how much more the one in the new year is before deciding if it is worth cancelling early and going with the first quote.

I am confused as to how to get that first quote to stand for the 30 day (or whatever) period though as I'm sure it previously recalculated when I revisited a quote (clicking on the link in the comparison site email).

It will vary by insurer if this is at all possible... some will allow you to save X individual quotes, some will overwrite a quote if you requote on the identical risk details

Ms_Chocaholic

kimwp said:

Ms_Chocaholic said:

I'm not sure what the weekly email says about car insurance but try and go through Quidco/Top Cashback on an already good deal if you can for extra cashback.

Thanks @Ms_Chocaholic, the weekly email says that prices for those who shop around are likely to increase in the new year due to new legislation and advises to lock in a quote now.

Thanks, hopefully you may be able to get cashback via TC/Quidco to offest the price rise when the time comes.

kimwp

Thanks all!