I am considering getting a new car and my car insurance lasts until December. If I get a new car would I be able to put my new car on the same policy that I currently have and pay a few extra quid if the car is considered more expensive to insure, or would I have to cancel my current insurance and get a new one altogether? (I have already paid my insurance in full for the year last December BTW)
Your insurance company should be able to transfer your policy from your old car to your new one (for a fee)
Definitely. My insurance is due 2nd week in October, the prices appear to have risen by at least 30%.
It depends on the car, if its a similar type then the company will just transfer the vehicles on the policy and give you either an additional premium or return premium. The only way they won't do it is if the car is unbelievably better than the one currently on cover. Call the customer services team and they'll sort it all for you over the phone there and then.
It always happens,first thing i do is ring to tell them i am not renewing,normally they knock a load off,if not i just go to a comparison site and get it around the cost of the previous year. Admittedly i've only got an old banger TP/FT but it's only £140
No accidents, no claims of any kind, no change of vehicle, no change of drivers or driver's circumstances, no change of postcode. I've been on the comparison sites, the prices have all gone up.
Why the hell are they going up?? I was hoping I'd be able to drop down a fair chunk from the £620 I pay now. Feckers. What a seriously depressing way to part with money...
Insurance prices have risen because of all of this no win no fee personal injury bollocks. I expect them to keep on rising in the future too as this suing culture that we have developed continues.
But the more expensive insurance becomes the more people won't pay for it, so the more uninsured drivers there'll be . . .
Its not so much personal injury as it is Credit Hire these days. When you have a non-fault accident, 9 times out of 10 whichever garage you go to will have agreements with the hire companies and inform them of your details. The said company will then come on the phone, offer you a like for like vehicle and tell you they'll sort all of your claim out without you having to pay your excess and with the car not costing you a penny. What they don't tell you is that they have an agreement with insurance companies whereby the insurers have to pay set daily rates (more than there standard rates I hasten to add) based on the vehicle and they also have to pay an admin fee (either £30 or £50 on each claim). Of course the odd whippy claim when there normally wouldn't have been one is still causing all sorts of problems, but credit hire firms are now the enemy of the insurers and most policyholders are oblivious to their actions. That's why the premiums are going up. When I started in Motor claims, the average cost of a claim with no injury was £800 on each vehicle. That has now doubled on the third party side.
Renewing Car Insurance Ok, my insurance is due beginning of December, so Tesco have told me I should receive my renewal price by beginning of November. Anyone have any tips on haggling car insurance price with who you are currently with? Or should I just go straight to a comparison website and see if anyone else is cheaper? Tips and tricks needed for a cheaper way of life...
Yes. There's nothing to be gained by being loyal to one company, get quotes from at least 2 comparison sites, noting the 'hidden' extras like amount of Excess, then pick the cheapest from a company you've heard of.
When I had someone go into the back of me last year I had the other persons insurance company virtually forcing me to make a compensation claim with them... they still call me about 6 months on trying to make me make a claim against them: I guess it's cheaper for them to deal with compensation themselves than waiting for someone else to claim against them through another company.
Exactly. If they can pay you off without solicitors and medical fees then so much the better. A bit shocked they're still chasing you 6mths later though. Sacko, you've got the right idea. Run your details through all of the comparison sites, then do Direct Line and Aviva and any others who refuse to use comparison sites, then when you have a couple phone Tesco, tell them what you've been offered and they will either say thank you for your custom or try and beat it. I must stress though, your premium is likely to go up this year, even with another year's NCD, thats just the market at the moment.
