Increasing premiums?
- Thread starter bennyboy
- Start date
PSH
PCGB Member
I'm with CIS ( not a classic policy) and I had a simular increase which renews 26th this month.
I did put in a claim two months ago for damage that I did but have protected no claims and the new policy still stated no claims made in last 5 years giving me 67% NCD.. well it's far longer than that in fact but they only bother going back any further..[8D]
Pete
I did put in a claim two months ago for damage that I did but have protected no claims and the new policy still stated no claims made in last 5 years giving me 67% NCD.. well it's far longer than that in fact but they only bother going back any further..[8D]
Pete
My policy went up STEEPLY this year (not classic - 'tis my only car and a daily driver).
They usually do this, and I usually haggle them to something smaller than the previous year. However this year, despite my best haggling skills, I only managed to get it to match last year's policy.
I am told that premiums are going up generally, as a result of a) Stock Market conditions (insurance companies make money on your premiums by playing the stocks during the year you are insured), and b) The recession, causing more low-lifes to drive uninsured, which of course drives up premiums for everyone.
Sorry to hear about your premium increase.
Oli.
They usually do this, and I usually haggle them to something smaller than the previous year. However this year, despite my best haggling skills, I only managed to get it to match last year's policy.
I am told that premiums are going up generally, as a result of a) Stock Market conditions (insurance companies make money on your premiums by playing the stocks during the year you are insured), and b) The recession, causing more low-lifes to drive uninsured, which of course drives up premiums for everyone.
Sorry to hear about your premium increase.
Oli.
steve 944t
Member
Sorry to disappoint, but mine went down [
]. I am with HIC. Premium was £288, classic policy, limited to 3000 miles, including trackday cover and agreed valuation.
]. I am with HIC. Premium was £288, classic policy, limited to 3000 miles, including trackday cover and agreed valuation.
Ben...my Heritage policy went down too (c £216: I passed a major decade last birthday?). Similar terms, but track day cover didn't include Prescott last year (hey, low risk as no other cars on the course at the same time, and my fault if I stuff it into the bank!)
As always I'm happy to report that when my last 944 was written off they paid up promptly in full, and dealt with the whole affair very efficiently.
As always I'm happy to report that when my last 944 was written off they paid up promptly in full, and dealt with the whole affair very efficiently.
I was rear ended whilst stationary, Oli! My premium did not go up as a result...worst of it was I'd only had the car 3 weeks and was just gutted.
So pleased with the way Heritage dealt with it all that I plan to stay with them anyway. In pursuit of the best insurance deal it's easy to forget that it may one day be more than just paperwork needed to tax the car!!
So pleased with the way Heritage dealt with it all that I plan to stay with them anyway. In pursuit of the best insurance deal it's easy to forget that it may one day be more than just paperwork needed to tax the car!!
Copperman05
New member
Would be interested to know what you are paying Oli. I just took out a classic policy with classic line, one of the very few who will insure a classic car as an only car (its my only car too). They have just agreed £368 fully comp, for unlimited mileage, kept on street in London with agreed value.
Edd
I insured my S2 Cabrio online last night with Aviva through RAC Insurance, unlimited mileage, SDP only, £250 excess, parked on drive, vandal cover, courtesy car, etc. for £273 but I am aged over 50 with 8 years ncb and live in North Wales.
I did get cheaper quotes - the cheapest being £206 - but that was with a big policy excess (£650 or £850, I can't remember which), no foreign driving, no ncp, etc. so it was not such a good deal in my view especially as I'd never heard of the Insurer.
I did get cheaper quotes - the cheapest being £206 - but that was with a big policy excess (£650 or £850, I can't remember which), no foreign driving, no ncp, etc. so it was not such a good deal in my view especially as I'd never heard of the Insurer.
trev260764
New member
http://www.rhclassicinsurance.co.uk/
£179 for me full comp with these boys. In the garage though (+£50 for the driveway)
£179 for me full comp with these boys. In the garage though (+£50 for the driveway)
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