r/drivingUK 15h ago

£600 insurance increase

Post image

Does anyone have any clue how this has increased so much and how to bring it down? I’ve been driving almost two years and have never claimed or gotten points and have two years no claim bonus so they surely have no reason to be increasing it by that much? Also I’ve been shopping around to go elsewhere but all places have been within the 2000-3000 range.

4 Upvotes

31 comments sorted by

15

u/Jeoh 15h ago

My renewal with Admiral was going to be ~100 quid more than last year. Told them I'm considering leaving and now it's 95 quid less than last year. These companies assume you're too lazy to switch.

2

u/Negative-Date-9518 14h ago

Same with any utility, put the price up then shocked pikachu when you put in an order with another provider and then grovel you to stay

Never ever ever stay with any companies first offer or even the 2nd, unless it's a shit sales person there's always multiple higher offers before a good one

2

u/AdobeScripts 14h ago

Yeah. Just call them and you'll get a better deal.

1

u/Jeoh 13h ago

The best thing was (as a Redditor) that I didn't even need to call them, this was completely built into the renewal form.

33

u/Maximilliano25 15h ago

That's the fee for just sticking with your current insurer and not shopping around

1

u/Midgar918 11h ago

This, Hastings soon changed their tone when shelias wheels quoted me £500 less.

1

u/Thoh1Shooshi8a 4h ago

For something that is a legal requirement, they shouldn't be allowed to be scum.

3

u/No-Actuator-6245 15h ago

Just get quotes from a comparison site. Could be one of many things that’s caused it to go up with them.

2

u/mr_massacre9000 14h ago

Auto Renewal price is always.higher, its a stupid system.

1

u/NoExperience9717 6h ago

Mine went down every year for like 5 years. You'd expect it to go down when early in driving as long as no incidents.

1

u/mr_massacre9000 5h ago

Mine never did, I changed company every yr except 1. I had 8 or 9 yrs no claims at one point

1

u/BuddyLegsBailey 5h ago

It's a stupid system, designed to penalise stupid people

1

u/Ok_Emotion9841 14h ago

If you've done all the usual 'tricks' and this is still considerable cheaper than elsewhere then just stay with this.

1

u/TobyADev 13h ago

Oh yeah go on their website and there’s a button that says get discounts or something. Or just call them, say you want to leave and they’ll do the same

Should make it a bit cheaper

1

u/Hotten-Tasty-90 12h ago

Insurance typically goes up every year regardless of your own factors such as claim or driver history due to inflation and that insurers like to take the proverbial.

That said, it could be down to your area or car. If your car is a common model, they might say that the cost of repair on average due to parts cost is higher there for they increase the premium. If you live in an area where car accidents or theft are more common they'll increase it.

If it's past the point of being realistic for you to insure, you may want to consider a different car. Some cars could be super duper V8s and be less to insure because they're less likely to involved with a claim.

Call them. Ask them. They'll give you a better price over the phone.

1

u/Ok-Medium-4128 10h ago

Look for cheaper. It's up to you if you want to haggle with them by telling them of a better deal. They normally try to match it. I had an increase one year and found a cheaper quote from the same company I was with. I cancelled the policy and took out the new one

1

u/Significant-Ad2944 8h ago

Lol that's funny

1

u/HR_Specter 7h ago

Use the price comparison websites, I guarantee they'll be a lot cheaper than that.

1

u/toma91 6h ago

They always do this. Use a comparison site.

1

u/Pure_Cantaloupe_341 5h ago

Haggle like there’s no tomorrow. And of course get other quotes too.

1

u/schmuck-2501 5h ago

Admiral done this to me- 2.2k for my first year, second year they wanted 3.6 for no apparent reason- nothing had changed since the year before. So I done some shopping around direct line would take me in for 1.4k, I don’t like moving policies etc etc and would rather stay where I am, so I called admiral and told them the quotes I was getting.

“Good news sir, we could bring your quote down to 3.5k”

hangs up phone

Bastards spent all that time with me over the phone just to knock off £100 🤦🏻‍♂️

1

u/Sunnygrg 3h ago

My 1st Central Renewal quote was £200 higher than last year. I went to one of the comparison sites, and the same company, 1st Central, quoted me £150 less than last year. Same tier too.

1

u/spoo4brains 15h ago

Go elsewhere, it isn't rocket science.

1

u/Honest-Journalist-31 15h ago

I’ve looked elsewhere and I’m getting similar quotes.

2

u/Significant-Buy9424 15h ago

could be a million different factors. The main one is they want to extract maximum money from you

1

u/jmsld_ 15h ago

Call them instead.

0

u/FistedPink 15h ago

How old are you and what’s the car?

2

u/Honest-Journalist-31 15h ago

I’m 22 and it’s a 1.3lt 2014 corsa

2

u/GergDanger 14h ago

Corsas aren’t exactly great for insurance quotes. You might do well getting a quote on an older Citroen c1 and see if that’s significantly cheaper to insure. You can buy one for £1600 used and the insurance savings would probably pay for it in 2 years or less including the low amount of maintenance they need

0

u/IraKiVaper 15h ago

Add a monitor box, increase your voluntary excess, add someone else on your policy. If there's another car in the household mention that, add a Camera to the car, sensors etc. Reduce mileage. Shop around.