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Car Insurance
So much for saving money by entering your driving licence number! I did a quote without which was £503.93, one with & it had gone up to £526.39 that was the cheapest with Hastings Essential but all the quotes had increased. They were both done within 10 mins of each other. If anyone has had the same experience & knows why, I would be interested to know the reason.
Comments
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Providing a licence number is not a discount in itself - it lets the insurer check the record behind the answers you typed in, so the price can move up as well as down.
If anything pulled through differs from the manual answers, that can change the rating. Common ones are the exact date you passed your test (rather than a rounded number of years held), any points or convictions that come through on the licence record, and the licence categories held. It is worth comparing the two quotes line by line to make sure cover, excess, start date and additional drivers were identical, because a second run a few minutes later can also reprice or pick up slightly different details.
The main point is not to leave the number out to chase the lower figure if you are asked for accurate licence information. Check the manual answers match the licence exactly, and if they already do, treat the higher quote as the properly verified one and compare it on that basis against other like-for-like quotes.0 -
A number of the comparison sites have anti-fraud measures that trigger price increases if you play around with the answers. Not all questions that are changed will trigger the increase but certain questions that can impact on pricing can.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
it could be you triggered counter fraud processes or it could be in 10 minutes they had sold a lot of policies to people similar to you so their pricing engine nudged prices upwards.
Alternatively the DVLA could be telling the insurer something you forgot to tell them and so the non-licence version will either be bumped later or a claim declined when it turns out your forgot about your SP30 or whatever it is the DVLA has on you
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