Massive Car insurance costs?
- Thread starter MatsyLR
- Start date
Associate
Have you tried comparison sites? I got better quotes on Confused than Compare the Market this year.
Yeah that's where the 975 and 400 came from. Normally Admiral do some mental gymnastics and lower it by 300-400 quid. This time all he could do was £100.
Soldato
Did you get competing quotes? I was ready to bin Aviva but they came though with £150 less than last year
Don
Had my renewal through - £2 cheaper than last year.
Did a quick Meerkat quote and no one reputable was cheaper, so happy days.
Did a quick Meerkat quote and no one reputable was cheaper, so happy days.
Associate
Mine is due in a month did a comparison quote and surprisingly it came out about 50 quid cheaper ! Happy days
Aviva was cheapest for me on both car and home.
Soldato
They done the math and came in at only outrageous. No wonder they made eleventy billion profit last year
I did, and went back to them with the competing quote and they knocked £300 off, which is still more than last year but a negligible increase
Soldato
So I am coming up for insurance renewal in a month and running quotes for my Lotus Eletre R I got back on July.
When I changed from my Tesla on my current policy for the last 2 months I actually got £25 back.
The only quotes I can get are £18k-£20k per year for me as named driver with my partner also on the car. And no mainstream insurers will even quote me.
My previous policies like for like were £1200 or so.
If I change one character on my surname but with everything else identical , it goes back down to around £1200?
I’ve checked my credit score and still perfect. No claims or anything etc.
what the hell is going on? Insurers just like it is what it is??
Only thing that has changed and maybe found in my name on the soft credit search they do is I took the car out on finance with minimum deposit as it was at 0% so £132k loan against the card. But it’s a fraction of my income still, I have more than enough liquid assets to pay it off but why would I?? (as this is the only thing I can think of)
Any ideas on how can resolve this as £18k+ is a joke
When I changed from my Tesla on my current policy for the last 2 months I actually got £25 back.
The only quotes I can get are £18k-£20k per year for me as named driver with my partner also on the car. And no mainstream insurers will even quote me.
My previous policies like for like were £1200 or so.
If I change one character on my surname but with everything else identical , it goes back down to around £1200?
I’ve checked my credit score and still perfect. No claims or anything etc.
what the hell is going on? Insurers just like it is what it is??
Only thing that has changed and maybe found in my name on the soft credit search they do is I took the car out on finance with minimum deposit as it was at 0% so £132k loan against the card. But it’s a fraction of my income still, I have more than enough liquid assets to pay it off but why would I?? (as this is the only thing I can think of)
Any ideas on how can resolve this as £18k+ is a joke
Yea seems to be something really whacky going on with performance car insurance at the moment.
Admiral are quoting me good money but most other providers will not quote or want silly money.
Soldato
Agree but a name change shouldn’t be so impactful
I just tried that and no dice here.
Don
Unless they've incorrectly linked something to your name e.g. a claim or something.
Only way to find out is to ring them or I guess submit a GDPR request or similar to see what information they have on you?
Soldato
Yeh will try tomorrow to go through. It’s weird it’s not on other cars though. Only ever claimed for a windscreen replacement but back in 2020 and not been an issue before.
Associate
Mysteriously down to £280 now (the self quote was from Sep 23)
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Soldato
Got an update. After pushing admiral they said they had no idea what was going on and did manual adjustments.
Got my car renewal in at £1100 and home insurance at £900.
Got my car renewal in at £1100 and home insurance at £900.
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Man of Honour
Time for me to actually buy my renewal now, quotes still £100 more expensive than when I checked in mid July for some reason 
Haven't had my renewal quote through from my current insurers but don't really want to hang around and it break the £1k mark because I'm buying closer to renewal time.
Haven't had my renewal quote through from my current insurers but don't really want to hang around and it break the £1k mark because I'm buying closer to renewal time.
I added home insurance on Admiral and it reduced the amount of my car insurance significantly. About £200 less for car insurance + home insurance than just the car insurance on its own. No brainer really
Soldato
- Joined
- 27 Aug 2005
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- 3,651
I've just added my home insurance on my multi car policy so hopefully it should be all cheaper on renewal.