Just Venting About Insurance!

[kayj_prod]

Yes, I know we know it all already now, but I'm just venting about CCI ramping my insurance premium up to £807... for 3000 miles and no track days. That's virtually a £1 for every four miles.

 

I have to ring them back to get them to re-quote with my normal voluntary excess (they always seem to quote with just standard excess). I think that's just a conspiracy to either get you to pay more premium or to generate more income from the non-geographic phone number.

 

Time for the usual ring around, but it's not looking good this year.

[Chorlton]

Christ and I was moaning about paying £400 for 3000 miles

[kayj_prod]

...And mine is a virtually standard S1! Seems like 40 is the new 25 in terms of Elise risk.

Maybe I'll just look at it and polish it until I become a responsible grown up.

[John FISH Curtis]

My premium went up last year, when i asked why, they had included commuting. I dint use it for work, so they lowered the premium.

 

Worth checking if you don't use it for commuting.

[russelld]

That sounds very high Keith. What did you pay last year ?

[kayj_prod]

It went up to £500 something last year after I had to claim in 2011 when it got driven into. (Driver left the scene, so my fault.) Even so, an increase of £300...

 

Still insured just for SDP. The only thing different is no voluntary excess which I normally put at £400.

[russelld]

60% increase on last year is a joke!

 

Reading some of the treads it would seem that Aviva the underwriters have moved the goal posts. Some people are getting very high renewal quotes and others seem to be getting similar to previous years. I'm dreading my quote which is due in April.

 

When you are shopping around you could give Performance direct a try, I just renewed my 968 policy with them £287.00 which was £25.00 less than last year.

 

http://www.performancedirect.co.uk/

 

Good luck.

[Alex B]

I'm dreading renewal time due to my age.

By the look of it, I will be better off swapping to an exige at renewal time.

[scatty]

i get the impression the lotus type specialists seem to have cottoned on that you were all on to a good thing and wacked the prices up knowing that you will pay. well thats what it seems like....

 

i ended up with liverpool victoria for £350 unlimited milage and commuting. no trackdays but what you save you can go through moris trackdays and it seems to nearly level itself out....

[fentuz]

What about these guys?

 

https://www.hertsinsurance.com/trackdays.php

[Dr H]

My renewal with REIS for the S2 went up by 21% on last year (insured it yesterday). I rang around and CCI or Henderson Tayor couldn't beat it. Cover is identical to last year.

 

Just seems that it's going up - a lot!

 

Mind you I guess it could be worse. Friends 17 year old daughter with a corsa -£650 odd whilst she is learning. Will be closer to £3k when she has passed and can go out on her own. Just fucking insane.

[kayj_prod]

A neighbour's 17 yr old son has a GPS box -the type that tracks speed and braking etc.- on his old Suzuki Swift. It got his insurance down to about £1k, and having followed him home, it has created a very safe driver. By his own admission, he wouldn't drive as he does if he didn't know it would cost him.

[Wild]

My policy from CCI went up by £70, due to the loading placed on commuting. Even after looking around everywhere, I still couldn't find anything cheaper.

[R.I.B.]

They tried that on me last year and I had a big rant on here.

After being with them for 3 years they went from £400 - £800. I ended up going to REIS for £400 ish.

Insurers are some of the biggest thieves out there, there's no loyalty and they will rip you off at any chance they get, so always phone around!

[Jonathan E]

 

Mind you I guess it could be worse. Friends 17 year old daughter with a corsa -£650 odd whilst she is learning. Will be closer to £3k when she has passed and can go out on her own. Just fucking insane.

 

It is insane. Daughter of a workmate has just passed her test and bought a Ka for 1k, she has a GPS gizmo supplied by the insurance company which brought her policy cost down to £1500, she's not allowed to drive her car between 11pm and 7am plus it has telemetry stuff going on.

The problem is that Insurance co's work on a risk basis, and therefore assume that every young driver is about to plough into a bus queue of people, killing several and therefore costing millions in compo claims. I'm not defending the insurance companies in any way, but thats how they work isn't it.

Same thing with the Elise issue at the moment, someone at aviva has looked at the claims on Lotus's over the last 12 months with a view to protecting the insurance co's risk. Under 40's in Elises on a commute have obviously had more accidents than say an under 40 in an Exige out for a Sunday drive. They won't look at the ratio of under 40 Elise to Exige owners or the commute issue, they're just looking at cutting their risk.

To my way of thinking there are probably way more Elise owners under 40 than Exige owners, purely because the Exige is slightly rarer. But I'm not a risk assessor am I.