Do you think there might be an element of cross-subsidisation to cushion the rises for EV’s?
I’m a member of TESLA UK forum; some of the reports on there of charges (no pun meant!) made by TESLA for routine repairs are genuinely eye-watering! Looks like EV’s are fast becoming like DYMO printing machines… sell the device for small-$$$ (relatively!) and make up margin in after-sales 
Got my renewal quote from (wait for it) Quotemehappy.
Last year £175.95, this year £306.55.
No claims. 74.22% increase. Not happy 
Been There, Done That, Worn the T-Shirt as they say !
Martin Lewis recommends you start your search 3 weeks before insurance expiry date to get best deal and they can change daily and from personal experience you still have to negotiate to drive 'em down
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What gripes me most is that I am on a 2-car policy. Last month they increased the first car premium by 20%, saying that I still had a 20% discount for having a multi-car policy, implying that I should be grateful for small mercies.
Now the second car premium has gone up by over 70%.
Yep so go with your gut which is saying ‘R U Joking !’
Par for the course with Insurance that they always quote you more on renewal. I’ve been shocked at some of mine. So much for the Loyalty Bonus ! So much for No Claims !
Me finks they think that we all so busy not to do the work re finding cheaper quotes
I’ve used Go Compare and Compare the Market
Quotes change daily, hourly so fill in your requirements and keep refreshing until u find a company u happy with
Legal Requirement to pass on No Claims years to new Provider
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PS Insurance Companies expect us to do this…It’s all in a days work for them…just aggro for us
I suspect this was the long game all along from insurers, with ‘multi car’ type policies.
It gives them more of a hold, customers are presumably less likely to leave as more than one item is tied up in the policy, and they can capitalise as a result. Shameful really.
Yep…my biggest Learning Point was to cut out the Broker and go directly to the Underwriter. My underwriter suddenly started selling Polices direct without a broker. Got better deal with them EVEN THOUGH I’D MADE A CLAIM due to Criminal Damage on the Soft Top.
Also what made a difference was not paying by DD when my finances improved and was able to do ‘One Off’ payment
But we will see what happens this year…LOL
Agree.
And the kicker is that when you try to separate the policies again - you can only apply the no claims gained to one of the new policies !!
Two cars, two drivers, two full NCDs, each named on both cars, never ever use the same insurer for both!
The insurers always know about the other car from their network, regardless of what we might tell them. And when they offer to cover both I always say “No thanks. I like to keep my options open.”
The only difficult bit is “Main driver” when we both do equal (low) mileages on both cars…
It’s worked well for the last fifty years…
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However, House Insurance is entirely another pint of bat’s blood.
A-Plan quoted me LV as best, but three times what I paid through them last year! I ended up with Ageas for identical cover after searching Moneysupermarket, and with what seems to be the usual +25% above the previous premium, same hike as on the MX5 a couple of months ago to RAC.
A-Plan could not come close on the house 2x was their best so I walked across the keyboard.
LV direct will be offering me a renewal in Nov for the Mazda3. I might be hunting around if they try the same triple-trick.
A personal note on A-Plan, they recently (sub)merged with a bigger broker Howden.
I get the impression (maybe mistakenly) this is now reflected in a more brusque attitude towards customers, at odds with their written texts and publicity about it the merger. Another reason for me to walk.
I’ve got two separate NCD, daily driver and MX-5 and Admiral send out separate policies for both. They are on a multi policy with home insurance. So I can’t see them claiming I only have one NCD should I move away from them.
I could move away, also have renewals coming up in November, will be interesting.
November Renewal…Me Three !
I’m currently with my underwriters Zenith but will leave them pronto if I can get cheaper [£157 fully comp for the NB last year & no loss of NCB even though I made a claim 2019]
Also when I last had a partner we had separate policies, separate insurers - named driver on each others’ policies]
I’m new to the forum and mx5’s (don’t even have one yet) but for the last few years I’ve used A-Plan and they’ve been pretty good for multiple cars. Premiums have either gone up a little or stayed the same each year (I have maxed no claims) and they mirrored the discount on my daily as well.
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The ‘other’ car insurance is up at the beginning of October, renewal premium up £200 on last year…
Tried a couple of the comparison sites (one helpfully emailed me, think it is owned by current insurer…) and Moneysupermarket came up with a new quote only £90 up on last year. Higher excess, removal of one driver, change in vehicle value (yoy) and change in occupation of one driver.
Re-ran the quote with existing provider and still £60 off the new quote.
Quick online chat with current provider and magically found a discount to match the new quote!
Key takeaways
- Moneysupermarket does currently seem to offer lower quotes than some other comparison sites.
- Deals are still to be done with a little work.
- I also tried a couple of the ‘we don’t list on comparison sites’ providers and there was no advantage to be had.
Mileage will vary for each person’s experiences of the comparison websites. Whilst MoneySupermarket might come out on top for one person, it’s unlikely to be the case for everyone. There are too many variables involved.
I would recommend following the approach set out on MoneySavingExpert, of trying multiple comparison websites and timing your searches in that ‘sweet spot’ before current policy expiry:
This was also my other car. Went through Moneysupermarket and ended up paying £210 through Aviva Zero.
19.3% increase.
Insurance on my MX-5 worth £4k ish 2000 miles pa £280
Insurance on my Rally Cortina worth £25k agreed value - £91
AND Road tax on the MX-5 £360 Cortina FREE
Going to sound odd but try increasing the MX5 mileage to 4000
Like many motorbike policies - below 4k seems to class you as inexperienced and hikes the premium.
LV insurance renewal for October has come in at 50% more than last year!! The insurance comparison sites show that the renewal is still very competitive so be prepared and start saving up now!!
