Insurance - had to share

[The Stiglet]

Was checking insurance quotes on a well known price comparison site for my BMW E39 540i Sport and couldn't believe it when I saw this:

[rassi]

You went with eCar I take it?

[PaulB81]

Im guessing you at 12 yrs old, living in the middle of moss side with on street parking and 500 points on your license?!?!?

[The Stiglet]

PaulB81 said:

Im guessing you at 12 yrs old, living in the middle of moss side with on street parking and 500 points on your license?!?!?

You would have thought that looking at those quotes!

29, 6 years no claims, girl friend on the insurance with 9 years no claims, central London address, two cars in household.

The one I went for was £700...a whopping £250 cheaper than SWMBO's Polo

[Owlwood]

Yeah, i've given up on the comparison sites. I was quoted over 3 times what I ended up paying via a broker. Plus the cheapest policy had a £4K excess. Waste of a query on your credit history....

[The Stiglet]

Owlwood said:

Yeah, i've given up on the comparison sites. I was quoted over 3 times what I ended up paying via a broker. Plus the cheapest policy had a £4K excess. Waste of a query on your credit history....

You say that but I used Adrian Flux for my TVR and then moved on to the BMW and they were much cheaper than everyone else but this year the automatic renewal was £1,600! Doing the price comparison thing saved me £900...which is the price of some cars!

Re the credit impact, I don't believe that it affects your credit score rather that it comes up as a search on your history. It just means that they are checking who you say you are. It won't reduce your capacity for credit IMO. (From the research I did.)

Edited by The Stiglet on Sunday 30th October 13:37

[sinizter]

The Stiglet said:

Re the credit impact, I don't believe that it affects your credit score rather that it comes up as a search on your history. It just means that they are checking who you say you are. It won't reduce your capacity for credit IMO. (From the research I did.)

AFAIK too, it is a verification type credit check, not one for actual credit - so won't really affect you.

[Diesele]

I'd like to make it a point of principle that any insurer offering a comedy renewal quote doesn't get the business. They just penalise the less savvy - my pensioner parents for example - with their greed.

However I found that when they know you have been doing online comparisons they know they have to clean up their act and a few hundred can easily fall off the premium...

D