Car Insurance Renewal Shock!

[The Mad Monk]

I have just renewal offers for my two cars. Big, well known insurance company.

One is up by just under 1% - well that's not bad, is it?
The other one is down by 16% - what's going on?

Both cars are small boring saloons.

I thought all premiums were going through the roof?

[Huzzah]

Similar to us.

I recently asked for a quote on an EV I was considering, that was so ridiculous it'd wipe out any fuel saving.

[HTP99]

My daughter's doubled, for absolutely no reason; no claims, no points, now lives in a better area, they also wanted to double the excess.

The wife's has increased by 6%.

[Alex Z]

My renewal quote came through from Ageas. Down eight quid to £296 which was a pleasant surprise.

[paradigital]

My 440i renewal came through last week with a ~12% reduction. I guess the market re-stabilised.

Fingers crossed for the Model 3 renewal in March.

[TheDrownedApe]

Son (23) was with Hastings for two years, no claims, nothing. Letter through the post saying they won't be able to insure this coming year!!!

Went online and insured for £600; £100 less than last year.

Mate (49, max no claims, rural location, private road) has new X5 and just been quoted £1500.

Madness!!

[anonymous-user]

I have house & 2 cars on Admiral multi insurance (£1050).
I have a new Ev arriving in Sept, called them to ask how much to add it to the policy, in addition to the existing.
6 months left on the multi cover.

Was sitting down in readiness for the price - £108 for 6 months!, fully comp/protected/legal cover

[Jamescrs]

Been sorting out insurance on my BMW M4 in the last week, last year I paid £1500. It was a new car to me and I had to take the hit of insuring it quickly. Renewal came through at £1800, I shopped around and got it down to £950 with Hastings Direct.

For reference I’m 43 with full NCD, no points and no claims

[Monkeylegend]

Our two cars went down from £510 to £420 for both.

[moorx]

Mine (for two 20 year old Toyotas), 54 y/o female, maximum no claims, rural location, has gone down by £54 from last year. A pleasant surprise!

[HTP99]

HTP99 said:

My daughter's doubled, for absolutely no reason; no claims, no points, now lives in a better area, they also wanted to double the excess.

The wife's has increased by 6%.

And just got it down 22% less than the renewal, took RAC off as now have it through my bank, and played hardball.