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Car insurance 😵‍💫

Gadget-UK

Graduate Member
Joined
May 18, 2018
Posts
879
Location
Nr Blandford Forum. Dorset. UK
First Name
Colin
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 😭😭
 

akirk

Full Member
Joined
Jan 8, 2022
Posts
59
Location
Bristol
First Name
Alasdair
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

Full Member
Joined
Mar 25, 2023
Posts
92
Location
Doncaster
First Name
Michael Cowling
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
 

Phil Dart

Moderator
Executive Member
Joined
Nov 28, 2014
Posts
5,477
Location
Colebrooke, Devon
First Name
Phil
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

Graduate Member
Joined
Dec 20, 2016
Posts
685
Location
Cheshire. UK
First Name
Dave
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

Graduate Member
Joined
May 18, 2018
Posts
879
Location
Nr Blandford Forum. Dorset. UK
First Name
Colin
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... :rolling:
 

Gert Fitcher

Full Member
Joined
Jun 29, 2020
Posts
43
Location
redruth, cornwall
First Name
phil
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

It's Showtime.....
Fellow
Joined
Jun 22, 2013
Posts
2,156
Location
Portsmouth, 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 😭😭
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
 

BIX010

Apprentice Member
Joined
Nov 23, 2023
Posts
8
Location
mk36by
First Name
Graham
Car and motorcycle insurance is a very interesting topic, I believe many folk are scared of moving Insurance company, when you shop for car insurance {and you must} there is always less expensive cover around I shop without fail every year and not amongst the compare.com websites.
Shop shop shop.
 

flexi

Executive Member
Joined
Sep 12, 2014
Posts
6,274
Location
Maidstone
First Name
mark
I had a no fault accident 4 months ago, my renewal is 3× more, when I asked they said the other insurance company hasn't resolved the claim so it goes against me until they do.....So I now have to pay a premium for someone else hitting me!!...they have said once resolved it will go down but they won't pay me back for any overspend...its a licence to print money!!
 

Padster

Graduate Member
Joined
Jun 12, 2021
Posts
582
Location
Leicester
First Name
Paddy
Scary experience here...just received my renewal...it's gone down £6!!!!
I usually shop around but may not bother this year as I don't want to flag any sort of mistake :winking:
 
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