Insurance Win

[Westyfield2]

So 2009-2010 was my first year of driving my own car (I’d previously been a named driver on Mum’s car), and being 18 with 0NCB and having held the license for <1 year it wasn’t going to be cheap. Especially as I bought a (rather nice low miles 1 owner) Saxo VTR .

Yeah, really sensible first car.

18 year old male + Saxo VTR + Fully Comp = Vaseline Time.

The cheapest I got, and with adding parents as named drivers, was £2400 from Admiral.



Had their renewal through last week with me now being 19 and 1NCB and having held the license for a year and a bit; £1565.

WIN.



Mum bought a Fiat 500 in January (Scrappage innit ) and took out a MultiCar policy with Admiral, with the intention of my car joining it now it’s my renewal time.

So on MultiCar, my policy is…. £750. EPIC WIN.

It’s only cost £560 right now (as the policy has only 9 months left), but £750 for a year right after paying £2400? GET IN THERE.

This MultiCar thing looks great, all the paperwork came to Mum as she’s the Policy Administrator, but on the Certificate of Motor Insurance I am the Policy Holder of it. The certificate does not make any mention of MultiCar or anything like that. It is my certificate for my policy.
Literally the only difference between normal and MultiCar I can find is that all paperwork comes addressed to Mum (the Policy Administrator) and the money comes off of her card – I still have my own policy, and I ring them if (when?) I have a prang. So for the sake of having to bank transfer Mum the money instead of paying directly and relying on her to pass me on the paperwork I have saved £750.

Literally the only downside I can find from reading the small print is that the policy “Does not cover use of the Nurburgring Nordschleife.”, and obviously I haven’t got DOC - but that would have been the same on the non-MultiCar £1560 policy


So yeah, Admiral MultiCar = Awesome stuffs.

Car has its MOT tomorrow though... French Car + MOT = Worried Me...

 

[Westyfield2]

So you paid £2400 last year?

Yeah, it was a little on the steep side .

Other guys at school did the whole crappy rusty 1.0l car made last century* and mum's policy with mum as the main driver and the guy as an occasional driver as it's her car honest thing , but I did it properly .


*Yes, I do know that the Saxo was designed then, but the reg plate says 02!

 

[Westyfield2]

That sounds bad

I'm currently HATING muticar.

We were just about to order a muticar policy but for whatever reason between last weekend and today they have decided to load my premium by £500 .

Didn't you know? The main factor in car insurance quotes is the alignment of the earth, sun, and stars.

 

[Westyfield2]

Car has its MOT tomorrow though... French Car + MOT = Worried Me...

Passed without any advisories!

 

[Westyfield2]

ARGH.

Last week they took the £560 from Mums card to pay for me being added to the multicar, fine.

Just checked my online banking and on Tuesday they took the £1565 (renewal of my old policy rather than adding to multicar) from my card, without telling me.

£1565 unexpectedly from a 19yo's account could have been pretty damaging!

Think I'll be ringing them tomorrow then...


Still, least that tells me that Admiral are auto-renewing.

 

[Westyfield2]

Rung them yesterday, and the moneys wrongly taken for the renewal of my single policy will be refunded!

Also, every time any of us have rung Admiral it's been only 1 menu and then within 10 seconds your speaking to a British human being who is actually in Britain!

With the multicar thing, if either of you crash or make a claim, does it affect both of your NCB?

http://www.admiral.com/help/multicarFAQ/ncb.php

How will my No Claims Bonus be affected if a claim is made?
If a policyholder within the MultiCar policy makes a claim or a claim is made against them, the other policyholder's No Claims Bonus will not be affected. Only the individual policyholder's No Claims Bonus of the car involved, will be affected.