In 1995 (age 49) Full NCB I paid £375 for a Gp 14 car
I now pay £172 for a Gp 13 car although up £25 from 2008
Comparison sites have driven down premiums - without them we would all be paying much much more.
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The Independent (Newspaper) has a search site where ALL companies quoting are giving a £25 cashback. With this included my KA cover came down to £117.
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Mine went up from £181 to £254. I phoned them up and told them to lower it or lose it. Came down to £198 which was acceptable.
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"Focus, Has there been an increase in car related crime/damage in your area ?
If your own circumstances have not changed then it may be something in your postcode which has caused the increase"
Not that I know of
Edited by Focus1.8TDCi on 04/11/2009 at 21:15
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Try paying £768 a year then you will all stop moaning about small increases :)
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I think you should all stop moaning. The renewal premium on my chipped Saab 9-5 Aero estate in October was £330, about the same as last year. However, I have just moved to Austria and, with 10 years NCB, it will be around £2,500 pa - admittedly including road tax!
On a more relevant note, my son has just moved from Swansea as a student to Cardiff as a "business professional" (nearest we could get on the list of professions) and the premium for the remaining 8 months cover was a hefty £288 - on an annual premium when renewed last July of £400.
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Try paying £768 a year then you will all stop moaning about small increases :)
What kind of Aston Martin/ Bentley do you drive?
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A group 3 Corsa :).
Thats what happens when you live in Manchester, passed the test a year ago, run a business etc etc.
I just accept it is high risk and get on with it, life is too short to moan about high insurance costs and I know plenty of people who have to pay over £2k a year.
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There is an Urban Myth, or is it true, that call centre employees have to sell x policies per shift. If they are 15 minutes to go and one policy short one can get a 'deal', rather in the way that snowman described. I certainly found a better price on Confused, from LV, than my renewal quote, also from LV, and I told them to honour the on line quote or lose the business and they gave me the lower price.
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Just renewed insurance on the Punto van. Including legal protection and business use (in case wife borrows it) it was £208 - a few Pounds less than last year.
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I switched last year from Direct Line to M&S - Increase this year was £5. The difference last year between them was £200!
Maybe because I'm gettting older and both me and SWMBO are over 60 early next year... though my son (34) is also on the policy.
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Unless you stay with the same insurer you can't determine whether your premium has increased (for the same quality of cover) or not. The quality of cover (taking into account all aspects) varies from one insurer to another.
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As several posters have mentioned, I've also found that the worst thing to do is to accept the "automatic" renewal from your existing insurer. I assume that they hope you will just tick the box and pay whatever they ask.
I've had considerable reductions by going to the website of my existing insurer, logging on as a new customer (but with my NCD) and getting a new quote. Guaranteed to be less than they asked me for on a straight renewal.
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I've had considerable reductions by going to the website of my existing insurer >>logging on as a new customer (but with my NCD) and getting a new quote. >>Guaranteed to be less than they asked me for on a straight renewal.
Just watch the excesses on Comparison sites!
They will offer say £250 excess as voluntary to reduce premium
The Compulsory Excess could be another £250 or even more if the drivers are younger!
A £500+ excess may not be a problem at renewal but when a claim is made..............
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I certainly found a better price on Confused from LV than my renewal quote also from LV and I told them to honour the on line quote or lose the business and they gave me the lower price.
I just found the opposite. I used a comparison website, they came in £5 less than my insurer quoted me online. When I looked at the comparison website, they had stripped out the legal cover and were charging an extra £20 to put it back in.
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While reading elsewhere this morning I came across this section of an article...
"According to the latest figures from the AA, car insurance premiums are rising at their fastest rate in at least the last 15 years.
It says that the typical cost has jumped by 5.6 per cent in the past three months alone, the fastest increase since its index measuring such trends was launched 15 years ago, while the rise so far this year has been a whopping 14%.
This trend has led to the average annual premium soaring from an already punishing £778.13 in July to an eye-watering £821.41 in October"
My renewal has just arrived. Up 56% although one no fault incident with no claim this year. I'll be comparing prices later today so will report back.
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Last year £218. This year would have been £207. Both with More Th>n.
However a couple of weeks ago I had a small no fault incident. No claim and no cost to my insurance company. This has increased my renewal to £340.
That's a 64% increase for blameless, cost free incident. I'm not happy!
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The battle rages on...
I received renewal notification for the second car in our household this morning. Premium has increased by £71 without any change whatsoever in my/our circumstances/situation.
I would really have hoped by now to appear on some 'all-encompassing' insurance database that flagged a 'just don't waste your time increasing this boke's annual premiums as he's guaranteed to walk away' message, but I obviously don't ? heh!
I know people keep harping on about the devil you know, etc but as I haven't had to 'test' this insurer in any way, shape or form during the past 12-months why should I just sit back and take a 26% price hike on the chin?
Well, I won't be...
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I am with LV and had a write off last year . I have just renewed with them after a renewal quote which was £10 more than last year.
I was very well treated and got a good valuation for my car. I could probably get cheaper but I believe its better the devil you know
Premium for SWMBO and I both living in Sussex on my Group 14 car is £330 .
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I am with LV and had a write off last year . I have just renewed with them after a renewal quote which was £10 more than last year. >>
Me too but they want to increase my premium from £242 to £315. No claim in the year.
Can I ask if you go to them on your own, helicopter, or through a union or somesuch?
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I go to them direct Optimist. Fully comp and SWMBO as named driver.
Couple of salient points though - I only changed to them last year after many years with More Than and saved lots of money by doing so . I also have a protected NCB so despite the write off its 70% discount IIRC . I also turned 60 this year which I think makes a difference.
Of course also relevant are the area you live in , the car you drive and how long you have driven for etc and we get discount because SWMBO is also insured with them on her car.
I would check out rates ( including LV ) on confused .com or other comparison sites including meerkats ....( seemples ) and see what you come up with as a new client with them and then phone LV . Don't be frightened to tell them you willl change unless they can come up with a more reasonable figure.
Lady who works for me got a very good deal with Direct Line who do not work through comparison sites. Worth a try.
I would be wary of some of the cheaper insurers - You only find out how good a company is when you make a claim and I can only say that LV treated me very well and thats why it will take a lot more than a £10 increase for me to change.
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Good grief, I'm revising my impression of the average age of people on this site.
I'm 33, drive a group 14 car, based in a nice part of a small town the W Midlands and pay £430 a year, which is the best price ever for me. 9 years no claims, no points, lots of shopping around.
I have no sympathy at all for all the "I'm now having to pay 3p instead of 2p for insurance - that's a 50% rise!!" sob stories on here. ;-)
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Thanks. Very helpful, helicopter.
Circs aren't a million miles apart in age, experience, etc, etc and we insure the house with them which has to be as good as, or better than, another car given what we pay.
I'll do a bit of checking.
Edit: I don't think £242 to £315 is from tuppence to thruppence, btw.
Edited by Optimist on 05/11/2009 at 15:40
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