I was speaking to a friend in Knoxville TN who is in his 80s last night and he had just renewed his car insurance which was $1800 for the year, I forget what car he has but its nothing special.
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I was speaking to a friend in Knoxville TN who is in his 80s last night and he had just renewed his car insurance which was $1800 for the year, I forget what car he has but its nothing special.
Last year had multi car with LV. Only cost was £400 for the wife’s 4 year old v40 (8000 miles) and my old 2009 SLK 280 (4000miles).
This year they were looking for £580, nearly a 50% increase. So got 2 separate policies from Aviva and AA for £410. Never even bothered trying to phone LV to get them to negotiate.
Loyalty from or for a car insurance company? Not seen any sign of that for the best part of two decades.
I'd happily stay with the same company for life, but I've only ever accepted a renewal quote once. Every other time has been the usual yearly hike for no reason except greed.
Just signed off on a new policy for £40 cheaper than last year so it's not 100% price hikes everywhere.
With Hastings - car is a Volvo XC40, increased from £750 to £940, and OK with that as friends locally have had theirs doubled.
Shopping around takes time, but so easy to give a comparison site such as Confused.com a whirl every year. And it takes 5 mins. That is my level of shopping around.
Plus you also get a chunk of cash back every year via Quidco or TopCashback making the savings even greater.
One more data point - 52 (nearly)-y-o, 2016 Mazda MX-5. Full NCB, no convictions.
Last year, with Ageas, £375 fully comp. This year, their renewal price was £537, an increase of 42%.
Five minutes on Go Compare, and I'm now with AVIVA and it cost me £283, still fully comp, a reduction of 25%.
To say that I'm pleased is an understatement - I was preparing to have my pants pulled down.
Mentioned earlier in the thread that my insurance for our Polo had gone down £10.00 with Aviva, but was apprehensive for the Abarth. Well that’s gone down too by £8.00 to £161.00. Not complaining and puts the motivation to sell it on hold for now.
Renewal from DL came in for wife's Audi TT Roadster; was £185 last year (max no claims, 5000pa mileage etc). This year it's £305 for the same.
Time to shop around.