Have Direct Line et al stopped issuing quotes 90 days before? It seems 30 days only now?

IAMIAM

Any reason why?

Maka29

It's been 30 days for me for a couple of years now. My home insurance is with them. I guess it's to stop customers having time to search for new deals with other insurers. I'd read that the closer you get to renewal date, the price from competitors increases.

IAMIAM

It was 90 days only a few months ago

Annemos

Not an expert on how they all work. 

But Direct Line is currently in a Take-over by Aviva. Expected to conclude mid 2025. 


https://www.thisismoney.co.uk/money/markets/article-14223903/Avivas-3-7bn-Direct-Line-takeover-triggers-warning-2-000-jobs-risk-price-hikes.html

DullGreyGuy

Annemos said:

Not an expert on how they all work. 

But Direct Line is currently in a Take-over by Aviva. Expected to conclude mid 2025. 

"Conclude" means that the transaction actually happens and ownership transfers... it will be years after that when the two actually fully merge and harmonise things. Right now they are legally still competitors and cannot be collaborating on matters beyond planning for the post merger world. 

I would imagine that it's still subject to the Competition and Markets Authority review given it will create an insurer that will have more than double the market share of the next largest motor insurer. On the flip side DL is in a mess and selling it to a larger insurer is a convenient solution to its financial troubles. 


As to the original question... no idea, given how volatile prices have been in recent years committing to a price 3 months in advance doesn't feel the most prudent decision and now as prices start to fall quoting early may make you look uncompetitive. 

born_again

Best guess. 90 days, people will put it on one side & forget about the renewal.