Big increases in premiums?
- Thread starter tscaptain
- Start date
nigelpugh
New member
I previously had my insurance with Performance Marque, and the policy was with RSA.
I had full NCD, and an SP50 as well as a total loss for a theft claim from 2 years ago.
The policy used to be about £1100, but this years renewal put it up to over £1220.
At the advice of the rest of you here, I gave AON private clients a call, and they came up with a policy with Aviva for just over £600 with al the same level of cover, and even a lower excess too.
So thanks for all the pointers to everyone, PCGB has saved me almost £600 this year alone!!
That's worth the membership fee if nothing else.
Cheers,
Nige.
ORIGINAL: nigelpugh
So thanks for all the pointers to everyone, PCGB has saved me almost £600 this year alone!!
That's worth the membership fee if nothing else.
Cheers,
Nige.
Savings might be a little less if we catch you in the bar!
Regards,
Clive
ORIGINAL: garyw
I'm with Performance Marque, so will certainly be calling around at renewal time!
Thats a big saving Nigel!! []
garyw
Ditto
If you are a good customer and claims free your renewal premium still goes up year after year but if you shop around you can keep the cost down. New customers get better deals than existing ones just like with the mortgage comapnies. It doesnt make sense to me why they drive away (no pun intended) the good customers and try to attract new customers they dont know. In my business the best customer is the one you already have so why doesnt that work with insurance?
I have no claims or convictions and paid £397.28 in September last year for my C2S with a 6000 mile limit and a £500 xs. This was for a policy underwritten by Groupama and arranged through A-Plan Insurance Group, (tel: 01635 874 646). This was somewhat less than the renewal quotation because I found the same policy on a comparison web site for less and persuaded A-Plan to match this lower price. I wanted to stay with A-Plan because I had found them very helpful a year or so back in negotiating with the underwriter to arrange for an OPC replacement wind screen rather than use the underwriters preferred option of Autoglass.
Also worth noting is the favourable mention of Groupama in Paul Stevens' thread Ouch and Double Ouch see http://www.porscheclubgbforum.com/tm.asp?m=531867
I have been a very good client for them over probably ten years or more--I don't recall ever making a claim so why am I penalised with an ever upwardly moving premuim?
All insurers, in my experience, will try it on with existing clients so do always push them as hard as you dare--you have nothing to lose!! [8|]
Monty2
New member
Ps House insurance is with A-Plan so will take Clive's advice and go to the market when thats due as well.
Paul
Anyone know what Rob is replacing his 997 with, its been very quiet since the PP shock news?
garyw
Moderator
Fear not Paul, all is revealed in the next Porsche Post []ORIGINAL: Monty2
Anyone know what Rob is replacing his 997 with, its been very quiet since the PP shock news?
ORIGINAL: bobfair
I confess I dont understand how insurance companies work.
If you are a good customer and claims free your renewal premium still goes up year after year but if you shop around you can keep the cost down. New customers get better deals than existing ones just like with the mortgage comapnies. It doesnt make sense to me why they drive away (no pun intended) the good customers and try to attract new customers they dont know. In my business the best customer is the one you already have so why doesnt that work with insurance?
Reel new customers in with cheap deals, then hike up the prices come renewal time safe in the knowledge that most do not bother going to market every year and just stay with their current provider. Same thing goes for 0% balance transfers - Credit card companies take a hit for 12 months, then hear the tills ring thereafter.
You're probably getting free - (or in the case of credit cards they are paying you) insurance services (ie no profit to them) for a year if you are smart enough to shop around come renewal time.
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