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Post by Tim on Dec 18, 2017 15:20:15 GMT
The notification came through on Saturday. Last year was £757 for all the cars on a multicar policy. Anyone want to hazard a guess what Admiral are quoting for a 'no hassle' renewal? |
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Post by Bob Sacamano v2.0 on Dec 18, 2017 15:29:53 GMT
£895
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Post by Martin on Dec 18, 2017 16:11:40 GMT
Over £1000
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Post by johnc on Dec 18, 2017 16:54:02 GMT
Given the 25% increase in my premium, I would say £1,150 to include a good dose of buggeration factor and a special increase for being a loyal customer.
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Post by LandieMark on Dec 18, 2017 17:11:08 GMT
I bet at least £1,500. I won’t touch Admiral or any of their companies for precisely that reason. They are well known for it.
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Post by ChrisM on Dec 18, 2017 21:41:34 GMT
£950
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Post by Deleted on Dec 18, 2017 21:54:22 GMT
£2k.
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Post by Tim on Dec 19, 2017 9:17:52 GMT
Hmmm interesting.
The actual renewal premium is £693.28, a fall of over 8%!
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Post by Deleted on Dec 19, 2017 9:18:06 GMT
£1,312.67?
(Ah, you beat me to it!)
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Post by johnc on Dec 19, 2017 10:31:50 GMT
Hmmm interesting. The actual renewal premium is £693.28, a fall of over 8%! Are you sure they haven't left a car off? |
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Post by Tim on Dec 19, 2017 11:22:03 GMT
Hmmm interesting. The actual renewal premium is £693.28, a fall of over 8%! Are you sure they haven't left a car off?
I wondered if they'd done something weird but I printed all the proposals off so I could match the info when I was getting quotes from other providers and all cars were present and correct.
Best alternative I managed was £900 with Direct Line and that had a higher excess than Admiral.
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Post by racingteatray on Dec 20, 2017 18:15:18 GMT
Yes but isn’t Fife considered very low risk and thus pretty cheap for insurance? I recall getting a nasty shock when I moved from St Andrews to Guildford years ago.
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Post by Tim on Dec 21, 2017 13:17:19 GMT
I'm not sure, I suppose it depends on what level of postcode analysis the companies use - some bits of Fife are quite unsavoury, especially compared with St Andrews.
I was certainly expecting the renewal to start off with some increase though, and then to negotiate it down to the previous level.
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Post by Martin on Oct 15, 2018 9:32:52 GMT
I received my renewal through on Saturday, difficult to compare to last year as I swapped cars part way though, but it’s increased.....
£1374!
I did a new application and it came to £1389, which has been the case without Direct Line for the last 3 years. I did the usual searches and I can get it down to around £1,100, which is something I suppose. Did some research and everyone I checked around that price point had poor reviews, but as I worked up the list that didn’t really change. Not sure what to do, but have 3 weeks to decide.
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Post by ChrisM on Oct 15, 2018 9:35:57 GMT
^
If you can afford it, renew.
If you can't, time to change car again......
Have you tried a local broker?
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Post by Martin on Oct 15, 2018 9:41:38 GMT
^ If you can afford it, renew. If you can't, time to change car again...... Have you tried a local broker? I think changing the car would be a touch more expensive Chris...... I can afford it, but don’t like paying more than I have to for anything. |
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Post by ChrisM on Oct 15, 2018 9:45:32 GMT
^
Insurance premiums appear to have been creeping upwards during the past 2 years.... not helped by Insurance Premium Tax rises
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Post by Deleted on Oct 15, 2018 9:47:59 GMT
Is it so high because of mileage? I ask as mine is nowhere near that (accepting differences in car values, although also including work on the engine), but I only do 5-6k p.a.
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Post by Martin on Oct 15, 2018 9:56:13 GMT
Is it so high because of mileage? I ask as mine is nowhere near that (accepting differences in car values, although also including work on the engine), but I only do 5-6k p.a. I’ve not adjusted the mileage to check, but I assume so as I’ve set it to 30,000 a year. I’m curious now....will adjust it this evening to see what the impact is. The 535d was £797 last year and the Golf cost £538 on 15,000 miles a year. |
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Post by Deleted on Oct 15, 2018 9:58:22 GMT
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Post by Martin on Oct 15, 2018 9:59:43 GMT
It's that 3 grand paint job! Errrrr, 7 grand! Which they don’t know about as it’s a ‘standard’ factory fitted option. |
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Post by ChrisM on Oct 15, 2018 10:02:17 GMT
It's that 3 grand paint job! Errrrr, 7 grand! Which they don’t know about as it’s a ‘standard’ factory fitted option. I'll bet that about £6500 (or more) of the £7000 is pure profit ! |
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Post by Martin on Oct 15, 2018 10:10:11 GMT
Errrrr, 7 grand! Which they don’t know about as it’s a ‘standard’ factory fitted option. I'll bet that about £6500 (or more) of the £7000 is pure profit ! I’ll take that bet! The paint is supposed to be 40 times the cost of the normal paint, the car is painted standard silver first and then it’s taken off the production line and hand finished/painted. There will be plenty of profit it it of course, but not that much. if you’ve got a spare few minutes..... Link to video |
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Post by Deleted on Oct 15, 2018 10:13:31 GMT
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Post by Alex on Oct 15, 2018 10:49:05 GMT
It's that 3 grand paint job! Errrrr, 7 grand! Which they don’t know about as it’s a ‘standard’ factory fitted option. So if someone scrapes your bumper and is daft enough to leave their details (apparently that’s not a thing these days), their insurance company will get a nasty surprise! |
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Post by Martin on Oct 15, 2018 11:24:15 GMT
Errrrr, 7 grand! Which they don’t know about as it’s a ‘standard’ factory fitted option. So if someone scrapes your bumper and is daft enough to leave their details (apparently that’s not a thing these days), their insurance company will get a nasty surprise! That’s why the Golf gets used when we go shopping, we even used it when we had to leave a car for a few days at the airport. |
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Post by Tim on Oct 15, 2018 11:25:29 GMT
The paint will be very expensive - I was surprised to see how much anything with a flake in it costs, even for a small quantity.
Re-the insurance cost I suppose your best option is to phone them up and ask for a lower price, they can usually do something for you, especially if you've got a cheaper quote but give them the 'I'd rather stay with you' line.
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Post by Deleted on Oct 15, 2018 11:26:38 GMT
So if someone scrapes your bumper and is daft enough to leave their details (apparently that’s not a thing these days), their insurance company will get a nasty surprise! That’s why the Golf gets used when we go shopping, we even used it when we had to leave a car for a few days at the airport. And because unless you park as far away as you can (which I tend to do), someone will always park right next to you - however many spaces there are. |
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Post by Martin on Oct 15, 2018 11:31:33 GMT
The paint will be very expensive - I was surprised to see how much anything with a flake in it costs, even for a small quantity. Re-the insurance cost I suppose your best option is to phone them up and ask for a lower price, they can usually do something for you, especially if you've got a cheaper quote but give them the 'I'd rather stay with you' line. Yes, will go through to their renewal line and talk about cancellation to see what they can do first. |
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Post by Martin on Oct 15, 2018 11:33:25 GMT
That’s why the Golf gets used when we go shopping, we even used it when we had to leave a car for a few days at the airport. And because unless you park as far away as you can (which I tend to do), someone will always park right next to you - however many spaces there are. Always! Despite doing that, the Golf picked up a dent in the near side rear door when it was only two weeks old. The paint didn’t chip thankfully and it’s not hugely noticeable, but I know it’s there and you can see it fairly clearly when the light catches the side as it’s on the crease in the metal. |
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