Classic insurance policy price rise
Discussion
I've just had my renewal price through for my Golf, been on a classic policy for a few years. The price went up a little last year, however this year it has shot up from £160 to £229.
Rather than look at a specific classic policy I went on the old meerkat site and got quotes from respectable insurers for £145.
Has anyone else noticed a big rise in classic policy prices or is it just me? Seems daft having a somewhat restrictive classic policy for 50% more than a normal policy.
Rather than look at a specific classic policy I went on the old meerkat site and got quotes from respectable insurers for £145.
Has anyone else noticed a big rise in classic policy prices or is it just me? Seems daft having a somewhat restrictive classic policy for 50% more than a normal policy.
soxboy said:
I've just had my renewal price through for my Golf, been on a classic policy for a few years. The price went up a little last year, however this year it has shot up from £160 to £229.
Rather than look at a specific classic policy I went on the old meerkat site and got quotes from respectable insurers for £145.
Has anyone else noticed a big rise in classic policy prices or is it just me? Seems daft having a somewhat restrictive classic policy for 50% more than a normal policy.
Did you double check with your broker/insurer?Rather than look at a specific classic policy I went on the old meerkat site and got quotes from respectable insurers for £145.
Has anyone else noticed a big rise in classic policy prices or is it just me? Seems daft having a somewhat restrictive classic policy for 50% more than a normal policy.
They have a nasty habit of loading premiums for existing customers, but if you query the rise, it may - magically - suddenly become reasonable again.
I've done this for the last couple of years, only to find my (correct) premiums had gone down.
Bit of an update. They rang to see if I was renewing, I told them probably not as the price had increased substantially which was very frustrating and not a way to encourage an existing customer to renew.
Funnily enough the price miraculously dropped by 1/3 back to very similar to other quotes and less than last year's premium.
Funnily enough the price miraculously dropped by 1/3 back to very similar to other quotes and less than last year's premium.
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