Admiral insurance doubled!
Discussion
Just got my renewal for my admiral multicar policy and its doubled. I know it still not a lot compared with most but I do have 20 odd years ncb and 59yrs old and the 2007 vantage is garaged and I only have 2k miles of cover and so on. But its now £277 and my volvo is £278 ? Volvo has 10k miles of cover and lives on the drive but is worth absolute nowt! Yet is more to insure!
I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please.
I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please.
sheepdip said:
Just got my renewal for my admiral multicar policy and its doubled. I know it still not a lot compared with most but I do have 20 odd years ncb and 59yrs old and the 2007 vantage is garaged and I only have 2k miles of cover and so on. But its now £277 and my volvo is £278 ? Volvo has 10k miles of cover and lives on the drive but is worth absolute nowt! Yet is more to insure!
I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please
Insurance has to include the liability exposure so the value of your cars isn’t necessarily taken in isolation. I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please
Appreciate as a percentage the jump is 100% but the actual premium being charged isn’t huge.
Would be worth your while in doing a Meerkat’s comparison first and then see what those results are like and then phone Admiral and ask what their best deal is to renew.
You could also try a broker and let them do all the work - A Plan are usually reasonable.
I use Nowell and Richards for my cars and whilst thoroughly recommended won’t necessarily be the cheapest depending on which Insurer they are using for the quote/s.
Frankly, I will still be surprised if you are able to beat those prices. If you were paying only 50% of that a year ago then you were nearly being given insurance for free, these are sub 10k 50yr old classic car policy prices. There will be folk on here (AM bit) paying 10x that and there will be others in the wider forum paying 10x that for a run around…..
Cheap insurance is of the very few joys of getting old
Cheap insurance is of the very few joys of getting old
Frankly, I will still be surprised if you are able to beat those prices. If you were paying only 50% of that a year ago then your were nearly being given insurance for free, these are sub 10k 50yr old classic car policy prices. There will be folk on here (AM bit) paying 10x that and there will be others in the wider forum paying 10x that for a run around…..
Cheap insurance is of the very few joys of getting old
Cheap insurance is of the very few joys of getting old
sheepdip said:
Just got my renewal for my admiral multicar policy and its doubled. I know it still not a lot compared with most but I do have 20 odd years ncb and 59yrs old and the 2007 vantage is garaged and I only have 2k miles of cover and so on. But its now £277 and my volvo is £278 ? Volvo has 10k miles of cover and lives on the drive but is worth absolute nowt! Yet is more to insure!
I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please.
I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers who never question their renewals but Martin Lewis said to expect 60% increase not 100%!
Anybody know a decent alternative company please.
'But its now £277 and my Volvo is £278.'
If the £277 has doubled, you must have previously had the cheapest Vantage insurance of anyone, at £139.
My own with Aviva direct (4,000 miles cover) increased marginally last month to (I think) £268.
'Volvo has 10k miles'
Therefore an insurance underwriter would say your Volvo 'exposure risk' could be up to 5 times greater than the Vantage.
'I know we have had to take increases due to insurance companies not been allowed to offer discounts for new customers and no longer been able to stinging existing customers' ...
There was that announcement, but I hear now that insurers have discovered a loophole, so it is, "As you were chaps".
A couple of my recent insurance renewals have inceeased enormously, but by using my usual comparison website, premiums even lower than last year have been secured, with in addition each time another £20 Halfords voucher.
I would never stoop to asking for the renewal to be reconsidered. If they decide to play games I'm off, without speaking to some awful call centre.
Recently met a man who now has to pay an annual insurance premium of £3,000, for a electric battery powered Porsche Taycan.
Had a job to suppress my laughter.
It seems at present, the least liked cars by insurance companies, are Range Rovers (theft) and any electric car.
Edited by Dewi 2 on Monday 6th November 14:07
I think it is reasonable, but like Alscar has said above you might wish to shop around look at a broker, although I do think if price is your sole focus as opposed to coverage on offer you will struggle to beat it.
Mine has a zero on the end of those figures to make you feel better (albeit a very different policy with far greater mileage coverage).
Mine has a zero on the end of those figures to make you feel better (albeit a very different policy with far greater mileage coverage).
Ninja59 said:
I think it is reasonable, but like Alscar has said above you might wish to shop around look at a broker, although I do think if price is your sole focus as opposed to coverage on offer you will struggle to beat it.
Mine has a zero on the end of those figures to make you feel better (albeit a very different policy with far greater mileage coverage).
In turn Ninja I’ll make you feel slightly better - my last renewal was £5,065 albeit with agreed values on all 4 cars and limited mileages. Mine has a zero on the end of those figures to make you feel better (albeit a very different policy with far greater mileage coverage).
Admiral renewal was £500 for the GR86 which is double what the vRS was. Cost to change at the time was minimal. Managed to haggle down £400 but still higher than I wanted. When I added my dad's car after he died (Suzuki Swift) and to add it with no NCB on it as that's used on the 86 was only £115. That's only a fiver more than it cost me to tax it for 6mths.
pschlute said:
sheepdip said:
Just got my renewal for my admiral multicar policy and its doubled But its now £277
Say yes please and cough up.The OP has clearly missed this thread:
https://www.pistonheads.com/gassing/topic.asp?h=0&...
And perhaps needs to stop whining about minimal insurance increases for what used to be a 100K motor or thereabouts!
Hondashark said:
Other car is with Admiral and they were £249 last year and just got the renewal through of £344. I haven't looked round yet for that one.
One trick that customers can try, is to obtain their quotes two or three weeks in advance of the renewal date.
The last minute types, are often quoted higher prices.
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