Multicar insurance... just dont do it!
Discussion
Got talked into Admiral multicar a couple of years ago with a good teaser rate, needless to say they weren't even vaguely competitive next time, so I've ended up with having the sort out cover for 4 cars separately for the same renewal date which is an absolute ballsache, vs previously when they were staggered throughout the year.
Buying the insurance wouldn't be so bad, but of course the current insurer in each case is way higher than the best rate on comparison sites, so I am now in the nine circles of hell of trying to contact 4 separate insurers to cancel the autorenewal, which needless to say cannot be done online. Even accessing details on their websites is nigh on impossible, with one in particular refusing to acknowledge I exist despite me clicking on the link in the renewal email.
I'm sure I could be better organised but FFS the process is simply diabolical.
Rant over!
Buying the insurance wouldn't be so bad, but of course the current insurer in each case is way higher than the best rate on comparison sites, so I am now in the nine circles of hell of trying to contact 4 separate insurers to cancel the autorenewal, which needless to say cannot be done online. Even accessing details on their websites is nigh on impossible, with one in particular refusing to acknowledge I exist despite me clicking on the link in the renewal email.
I'm sure I could be better organised but FFS the process is simply diabolical.
Rant over!
Surprised the multicar was cheaper in the first place, it never has been for me.
It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
I'm in the same boat having gone multi-car/bike several years ago - I have three cars that renew on the same date at the start of January and 3 bikes in the middle of May.
The saving grace is that the policies have been very cheap for the last few years - the insurance on these six is dwarfed by the VED. However next year I suspect they'll go through the roof as I've managed to pick up an SP30, my first ever points in 38 years. I suspect something will need to be sold.
The saving grace is that the policies have been very cheap for the last few years - the insurance on these six is dwarfed by the VED. However next year I suspect they'll go through the roof as I've managed to pick up an SP30, my first ever points in 38 years. I suspect something will need to be sold.
paulrockliffe said:
Surprised the multicar was cheaper in the first place, it never has been for me.
It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
I've always thought the insurance should be for the person and not the car. It makes so much more sense. It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
paulrockliffe said:
...
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
What a great idea. Insurance companies need to be scrutinised in the firmest way by the regulator as the whole thing is so far removed from Treating Customers Fairly/Consumer Duty its just ridiculous.I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
My autorenewal for one car has gone up by nearly 63%, details not changed at all.
And to cap it all, Confused.com seems unable to provide any quotes at all. Most odd.
Edited by Robertb on Wednesday 19th July 10:16
ingenieur said:
paulrockliffe said:
Surprised the multicar was cheaper in the first place, it never has been for me.
It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
I've always thought the insurance should be for the person and not the car. It makes so much more sense. It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
My insurance won't cover me in another car (unless owned by someone I'm not related to, and it is insured by them, and i only get third party cover), and equally someone else can't drive my car on my insurance. The whole thing is a mess.
I should add I also found Admiral multi-car to be cheaper than insuring both separately. Then I added my home insurance to the policy as well.
A few years later the only policy I hold with them is my home insurance as they tried to substantially increase prices for insuring the cars to the point where it was worth the hassle to part ways and go with different insurers. I tried explaining this into their tin ears but they seemed impervious to reason so I left them.
I had to fight them to get away with just a minor increase in the price for the home insurance.
A few years later the only policy I hold with them is my home insurance as they tried to substantially increase prices for insuring the cars to the point where it was worth the hassle to part ways and go with different insurers. I tried explaining this into their tin ears but they seemed impervious to reason so I left them.
I had to fight them to get away with just a minor increase in the price for the home insurance.
Robertb said:
paulrockliffe said:
...
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
What a great idea. Insurance companies need to be scrutinised in the firmest way by the regulator as the whole thing is so far removed from Treating Customers Fairly/Consumer Duty its just ridiculous.I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
My autorenewal for one car has gone up by nearly 63%, details not changed at all.
And to cap it all, Confused.com seems unable to provide any quotes at all. Most odd.
Edited by Robertb on Wednesday 19th July 10:16
kambites said:
I like having our cars all need renewing at the same time. It means I only need to faff about once a year.
You say convenience. I say convenience and price. If the price goes up the inconvenience of having to move to a different insurer becomes worthwhile and I did it. How much of a price increase would cause you to want to move your policies?
boyse7en said:
ingenieur said:
paulrockliffe said:
Surprised the multicar was cheaper in the first place, it never has been for me.
It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
I've always thought the insurance should be for the person and not the car. It makes so much more sense. It's a shame really, there should be some sort of insurance that recognises that a person can only drive one car at once, so you just pay the rate of the most expensive car to fix, plus something to cover the risk of theft or fire etc that isn't related to you driving the car.
I think that it would be helpful if auto-renewal was only allowed at the original premium plus inflation, the current situation where they can auto-renew at any number they pluck from thin air is just an attempted gouge of people that aren't paying enough attention.
My insurance won't cover me in another car (unless owned by someone I'm not related to, and it is insured by them, and i only get third party cover), and equally someone else can't drive my car on my insurance. The whole thing is a mess.
Dohnut said:
UK car insurance is broken.
The NCB system is pretty worthless, as is protecting it.
Policy prices and renewals seem a game of smoke and mirrors.
The NCB system is pretty worthless, as is protecting it.
Policy prices and renewals seem a game of smoke and mirrors.
untakenname said:
The most annoying thing with multicar policies is that you're then locked in with that provider as you can only accrue NCB on one car if you then choose two separate policies with other companies which is absurd imo.
That's the game of insurance. Thing is once you reach a certain age, insurance quirks can benefit you. For instance if I insure with Axa, they will mirror my no claims if I buy another car and insure with them. Then at the end of the term, I can leave Axa and take out a policy with someone else for max no-claims.My view is that multicar is for the time poor and those drawn in by the initial attractive premium. However too many fail too realise what a that the naval insurer is rather poor.
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