Privilege insurance went sky high

Merlin5

Merlin5

Merlin5

Soldato
Joined
17 Aug 2009
Posts
18,606
Location
Finchley, London
I've been with privilege for years and my total payments on direct debit for the last year are 491.40. Renewal is 24th September and they're quoting me £800.30p.That's a ******* joke. I could understand £100 increase, but not over £300. My last claim was 2007. My excess is £300, it's a peugeot 307 LX HDi, and I'm insured as less than 10k mileage a year. I'm also over 40.

AA sent me one of their insurance quotes, quoting me £689 with £250 excess. They have me down as 6 years claim free, so it may increase if I tell them I'm 4 years claim free. So, obviously AA is a better price (so far anyway) than privilege, but would you recommend anyone else than can get me closer to £500?
 
I'll try Admiral then. Btw, my credit rating isn't so good. Whilst there is money in my account and no problem with any of my direct debits to privilege and to all companies I have direct debits with, does changing insurance companies mean a simple setting up of a new direct debit with them, or does it mean a credit rating check? If the latter, I'd have to stick with privilege.
 
Admiral were cheapest for me and the missus too this year. Still worked out cheaper having single policies instead of a multicar though...
 
Insurers often take the proverbial with the renewal - ring them.

Admiral have been cheapest for me for the last 3 years running - and they doubled my last renewal quote.
 
Burnsy2023 said:
You sure you'd fail a check then?
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Pretty sure. I have a platinum current account with Barclays and I can add phone insurance to it for £5 a month. The application failed a few weeks ago since it goes through the financial services route. Even the bank agreed with me when I said it's stupid since it's obvious there's been no defaults on any outgoing payments and I have money in two barclays accounts, my current and my 'moreformore' savings account. I think my credit rating is bad because of late tax payments within the last few years, but which is all now up to date, apart from inland revenue finalising some details. I don't know when or how long before credit ratings rectify themselves.
 
What car is it your trying to insure mate? If its something hot hatchy/sporty then try the specialist insurers such as Greenlight, Adrian Flux, Sky Insurance etc. Greenlight came up trumps for me this year. £560 inc protected no claims on a 3.2 TT 25yrs old/5yrs ncb. Possibly the first time ive not resented paying my insurance premium lol.
 
russ9898 said:
What car is it your trying to insure mate? If its something hot hatchy/sporty then try the specialist insurers such as Greenlight, Adrian Flux, Sky Insurance etc. Greenlight came up trumps for me this year. £560 inc protected no claims on a 3.2 TT 25yrs old/5yrs ncb. Possibly the first time ive not resented paying my insurance premium lol.
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Nah, mine is just a bog standard 2 litre HDi 307, built 2001. Would Greenlight still be cheaper on non sporty cars?
 
Greenlight probably wouldn't quote. They didn't on my girlfriends 1.6 Astra. Said it didn't meet their criteria. Adrian Flux however might do. Also worth trying Tesco/Direct line as they're not on go compare etc
 
Merlin5 said:
Pretty sure. I have a platinum current account with Barclays and I can add phone insurance to it for £5 a month. The application failed a few weeks ago since it goes through the financial services route. Even the bank agreed with me when I said it's stupid since it's obvious there's been no defaults on any outgoing payments and I have money in two barclays accounts, my current and my 'moreformore' savings account. I think my credit rating is bad because of late tax payments within the last few years, but which is all now up to date, apart from inland revenue finalising some details. I don't know when or how long before credit ratings rectify themselves.
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Although I'm sure you get credit checked I doubt its as important to an insurer, my first ever line of "real" credit was my insurance policy, so going from utterly no real important in/out payments to getting a 2k policy no fuss at all. I'm sure you'd have no problem!
 
ins0mn1ac said:
Although I'm sure you get credit checked I doubt its as important to an insurer, my first ever line of "real" credit was my insurance policy, so going from utterly no real important in/out payments to getting a 2k policy no fuss at all. I'm sure you'd have no problem!
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Cheers, I'll give it a go tomorrow with Admiral first.
 
In the past 20 years I have only renewed my insurance with the same company twice, all other times I have saved money going elsewhere.
 
I've just moved from relatively out in the sticks to a town centre, the insurance on my 528i jumped from sub £300 to over £800 with Swiftcover! :eek:

So who did the big burly truck driver find his cheapest (worthwhile) quote with? and subsequently switch to?

Sheilas Wheels! :o

Perhaps they think I'm a Lady? :p:D
 
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