Anyone seeing car insurance pricing increases?

cheesefest said:
My insurance is £193.

Like scrolling to the bottom of the price comparison websites. Seen some for £13k.

Who is stupid enough to pay that much for a car worth £4200, been driving for 20 years and 14 years no claims? Didn’t drive for 3 years plus two years for writing a car off.
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It's a 'go away' number. Sometimes they will have incentives based on providing a quote (as opposed to declined to quote) so it's better to quote £13k if it falls outside their risk appetite than not quote, they aren't expecting anyone to actually take out the policy.

snapdragon69 said:
Hmm, I wonder if that is just being exploitive or if they have crunched the stats on Days until policy start vs. risk ? I can imagine those who leave it until the last minute also do that for braking and maintenance etc....
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It's absolutely a risk based thing. As you say last minute doesn't give confidence in them being organised with respect to their car/driving, fraud risk is also slightly elevated because it could be that the person is delaying the purchase until their pay cheque lands or whatever and people with poor finances are deemed a bigger fraud risk. Probably a lot more to it than that.
 
HangTime said:
It's a 'go away' number. Sometimes they will have incentives based on providing a quote (as opposed to declined to quote) so it's better to quote £13k if it falls outside their risk appetite than not quote, they aren't expecting anyone to actually take out the policy.
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Had a few of those sadly in the past I think when trying to get quotes on stuff like when a friend wanted to leave a rare spec Golf with me rather than have it parked up unattended for a year while they were away.
 
Pretty sure im in for a spanking next year.

I got a new Audi s3, Sheila’s wheels/esure were the only ones who would insure it for not stupid money.

I ended up paying £450 for the year. Pretty sure they gonna whack it up next year and I’ll be left with no option but the jacked up price.

Will see, my own fault I guess.
 
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Just renewed my bike insurance, renewal letter came through at £80 cheaper than last year but I had to add on an accident I had in the car and even with that it's still £20 less than last year which was a pleasant surprise.
I was fully expecting the no lube treatment, especially as comparison sites were telling me that adding on the car claim was bumping it up to over double the price of last year.
 
We've got to the age now where we get to be smug about car insurance prices - makes up for the impending doom of our own mortality I guess.

The missus' Audi S4 renewal just came through, and it was so low - about £150 - that we didn't even bother shopping around to make sure it was competitive. What's the most someone's going to beat it by? £20? Not worth the hassle.

Meanwhile my C63 was about £350 I think last time. I did shop around on that, but didn't find anything cheaper.

In both cases, the renewal was cheaper than last year's premium.

Can't complain about a total cost of £500 to insure two cars with a combined 16 cylinders and 10.5 litres. :D
 
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Paid £400 last year
Renewal was £340. I did search online quickly, nothing beat renewal.
 
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We're old buggers with maximum NCB and same circumstances and the renewal came in from Admiral on the cars for £538 up from £349 last year. Sadly can't find anyone that can beat it so I console myself with the fact that at least I can be reasonably safe in the assumption that the legislation is working, in that renewals need to be the same price as offered to new customers..
 
Been running some quotes for new car options on salary sacrifice, and the premiums are coming back £200 (~40%) more than they were in December/January. Even my current car is 25% higher than when I renewed 2 months ago :(
 
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