Car insurance 😵‍💫

[Gadget-UK]

Just thought I would ask and see how everyone else is doing if they have had the annual car insurance renewal yet?

I have paid about £600 a year Fully comp on a VW Touareg - 12 years no claims and clean license
Just had mine through from Admiral and it’s now………£2,348.75

I knew it was going up but by HOW MUCH

Doing the obligatory search for a different company now and so far prices are about £1500 pa

 

[alan morrison]

And not just car insurance....my house insurance took a leap as well.

 

[howsitwork?]

Likewise mine went up by 40% , incredible

 

[akirk]

mine was down this year - was with a company who wanted to increase it, but then did a price match against an online comparison quote so saved a couple of hundred (400+ instead of £600+) - the classic range rover is the same as before and the mini (when I moved from the jag) came in at more than the jag which was £650 so looked around and got it for c. £250 - not done badly so far...

 

[MikeC]

Money Saving Expert website has a very interesting article on how to limit increases in car insurance premiums, including the optimum day to buy.
Mike

 

[pittswood]

The world has become a money cess pit!!!!!!!
Can they print it fast enough!

 

[Phil Dart]

Sorry to have to tell you Colin, although mine also went up by a vast amount, I'm with Admiral too, on a 2-car multi policy, one of which happens to be a Touareg (although probably older than yours) but the renewal was just over 1k for both. You might find the most expedient route is just to phone admiral and argue with them. Perhaps your hefty renewal is because you need to insure for bussiness use too? that would make a huge difference.

 

[Morse]

Sorry to have to tell you Colin, although mine also went up by a vast amount, I'm with Admiral too, on a 2-car multi policy, one of which happens to be a Touareg (although probably older than yours) but the renewal was just over 1k for both. You might find the most expedient route is just to phone admiral and argue with them. Perhaps your hefty renewal is because you need to insure for bussiness use too? that would make a huge difference.

What I’ve found, as over 70’s we were made to pay more. I looked at the mileage we were actually doing. We had previously set at 12k per year.
We were not doing that so now set 10k per year. That reduced the premium.
I guess that the insurance companies check our MOT mileage, Only guessing!

 

[Gadget-UK]

Sorry to have to tell you Colin, although mine also went up by a vast amount, I'm with Admiral too, on a 2-car multi policy, one of which happens to be a Touareg (although probably older than yours) but the renewal was just over 1k for both. You might find the most expedient route is just to phone admiral and argue with them. Perhaps your hefty renewal is because you need to insure for business use too? that would make a huge difference.

Hi Phil
Yes, this was the excuse.. Millage hasn't really changed (around 40,000 business miles per year) but they now class that as a high risk.
Phoned a couple of companies now and have got it down but still double what it was...

 

[geordie0928]

i am glad I can't drive anymore. Let the wife worry about thing like that.

 

[wm460]

Across the top part of WA, QLD and all off the NT, we pay at lest $2000.00 more than the rest of Aust thanks to the blackfellas.
Check out fake book "Action for Alice."

 

[Gert Fitcher]

I read in The Times some years ago of a woman who inquired whether her household insurance covered a leaking a tap - she was told it didn't. That was all she wanted to know. When she tried to insure her car the cost rose by several £100s simply because she had made an inquiry, and the bots had picked it up. All forms of insurance inc. travel are apparently all interlinked now, so if you make a minor claim or even an inquiry on one the others will all go up.
Much of the current increases are thought to be because the much higher cost of accident repair and breakdowns and recovery of electric vehicles that may be, but I suspect that's an easy bandwagon to jump on.

 

[rowdyyates115]

Just thought I would ask and see how everyone else is doing if they have had the annual car insurance renewal yet?

I have paid about £600 a year Fully comp on a VW Touareg - 12 years no claims and clean license
Just had mine through from Admiral and it’s now………£2,348.75

I knew it was going up but by HOW MUCH

Doing the obligatory search for a different company now and so far prices are about £1500 pa

Try "Go Compare" for a Lexus rx450h last year was £750 fully comp, free rental car on accident, home/roadside recover. windscreen etc. with Aviva. This year after shopping around got all the above Halifax came in with all the above @ £650.52. 14years no claims
Worth a look