car insurance won't offer renewal?

yoyo59

yoyo59

yoyo59

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20 Sep 2011
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812
my insurance is due the end of the month & I've been waiting for a letter for the price of renewal..

today I got the letter.. hoping for some good news on cheap insurance.. but no.. they said they can no longer offer me cover when it comes time for renewal?

have been insured with them for 5 years & have never had a claim .. am abit confused why they are refusing to insure me

I rang them up & they just said when they put my details into the system and ask for a offer with the insurance blah blah it gets declined & ''don't worry it's not just you we also cannot offer renewal for other customers''

has anyone got any insight in this stuff or is this normal?
 
Data for the postcode has changed and they deem it no longer financially viable to cover.

It's a bit chaotic how they drum up all the ratings and data but statistically there is truth in it all, or they wouldn't do it.
 
I had this happen before. Although car was modified and no if the insurers underwriters at the time of renewal were willing to cover the car so I had to go elsewhere.
 
MooMoo444 said:
Data for the postcode has changed and they deem it no longer financially viable to cover.

It's a bit chaotic how they drum up all the ratings and data but statistically there is truth in it all, or they wouldn't do it.
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Pretty much this. Despite your lack of claiming your circumstances are just something they don't want to cover at the moment. A change of policy, different underwriters, could be half a dozen reasons really.
 
cadmunkey said:
Hastings insurance by any chance?
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Glanza said:
Is your car standard or modified?
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it's with Brentacre

& yes the car is modified but only small things like lowered alloys tints forge pipes etc, one of the reasons they said they may have denied me insurance is because ''they no longer insure standard cars'' when I replied its modified I told her the mods then she went off to the system and said its still getting declined in the system
 
Possibly the modification? Maybe their criteria has changed?

When getting quotes for my e38, I was refused quotes by a couple of insurers because I declared it had a towbar (classed as modified!) thankfully the insurer I'm with was savvy enough to ask if it was a BMW factory fitted one (which it is) which they don't class as modified!

I'm sure they make it up as they go along.....
 
Lowering will be the mod hardest to insure. So many "boy racers" out there cutting springs etc then having crashes making it a high risk mod.

I had crazy mods on a previous car 8 years a go. 1liter full rotrex supercharger WHP from 58 to 126.7 on low boost. Supercharger , full exhaust including manifold and sports cat all declared. insurance premium didn't increase. soon as I mentioned lowering the quote jumper from £600 full comp to £1600.

so insurance companies only require you to mention wheels if more than 2" bigger than factor fitter - ie they use common sense as some dealers might offer 14-16" wheels from factor etc other want it all.
 
Yeah, I've always found lowering cars to be a big hurdle when insuring cars. When I had my first GTI I had loads of power mods (+100 BHP and +130 lbft on a 150 BHP motor), and they were all fine, insured no problem. Soon as I stuck the coilovers on, they cancelled the insurance on me. Well, I had to plead with them to keep the policy going for 3 more weeks, to get the NCD for that year, on the provision I didn't drive it. That was a LONG 3 weeks.
 
I had this years ago with Swinton, had been with them for a few years and all of sudden that year they no longer wanted my business. My car is just a standard old man Accord, so nothing special, I just ended up doing online quotes which I would have done anyway and went elsewhere.
 
pigeonguyuk said:
Lowering will be the mod hardest to insure. So many "boy racers" out there cutting springs etc then having crashes making it a high risk mod.

I had crazy mods on a previous car 8 years a go. 1liter full rotrex supercharger WHP from 58 to 126.7 on low boost. Supercharger , full exhaust including manifold and sports cat all declared. insurance premium didn't increase. soon as I mentioned lowering the quote jumper from £600 full comp to £1600.

so insurance companies only require you to mention wheels if more than 2" bigger than factor fitter - ie they use common sense as some dealers might offer 14-16" wheels from factor etc other want it all.
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xs2man said:
Yeah, I've always found lowering cars to be a big hurdle when insuring cars. When I had my first GTI I had loads of power mods (+100 BHP and +130 lbft on a 150 BHP motor), and they were all fine, insured no problem. Soon as I stuck the coilovers on, they cancelled the insurance on me. Well, I had to plead with them to keep the policy going for 3 more weeks, to get the NCD for that year, on the provision I didn't drive it. That was a LONG 3 weeks.
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Scania said:
Possibly the modification? Maybe their criteria has changed?

When getting quotes for my e38, I was refused quotes by a couple of insurers because I declared it had a towbar (classed as modified!) thankfully the insurer I'm with was savvy enough to ask if it was a BMW factory fitted one (which it is) which they don't class as modified!

I'm sure they make it up as they go along.....
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the thing is my insurance is a modified car insurance company, they tried to say the reason for me being denied insurance is because my car is standard.. which is when I told them no its not standard its modified! but even still it didn't help
 
poosemon said:
Interesting you mention Hastings as my renewal offer jumped. Oddly price from them on confused.com is much more reasonable so going to call to see what's going on
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Same thing happened to me with Hastings. £60 more than last year (I've made no claims), £10 more than compare the market.

Gave them a call and they knocked £30 off the renewal price
 
wingman said:
I'm sure they don't :p

It's all due to data and risk.
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I reall wonder,

My V70 diesel for example, 1999 188k miles worth ~£700 tops, apparently from "data and risk" I'm supposed to believe it's a bigger risk to them to insure me on than my current 735i (which has an agreed value of £6500), an e38 740i or 750i, an e39 M5, e46 M3, Subaru Impreza, Honda S2000 and a Focus ST - all of which I've obtained quotes for fully comprehensive cover for less than what I'm quoted for the Volvo.

Now there was I thinking diesel Volvo estates are statistically driven by a certain type, clearly from "data and risk" it's driven by a far more risky driver than any of the above cars I mentioned ,really? are they trying to tell me an M3 is a lower risk than a diesel V70 for a 46 year old driver? and that a 400bhp V8 M5 worth £11k is an easier proposition than a £700 diesel Volvo estate??? it's utter cack!
Frankly, the whole motor insurance industry stinks and the sooner it's root and branch reformed, the better.
 
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I prefer the system some other countries use where you insure the person rather than the car. But there seems to be a lot of oddities (and possibly fudged stats) with insurance to get the crazy premiums we see sometimes.
 
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