Premium hike

[The Bear78]

I was with Aviva a 3 years ago.
When I fitted coilovers, I picked a date purposely to (roughly) align with the renewal date to save as much faff as possible. Aviva weren't interested so I set about the comparison sites a month before.
LV came in at about £350 with all mods which was the same as I had been paying previously. Happy days...
Unfortunately I got my renewal date wrong by a day and the quotes were not valid when mine expired. I didn't realise until about a week before and by then the cheapest I could find was about £550, again with LV. Very annoying as I had been playing the 28 day game and nearly "won"
The next year LV was the same so I just stayed put but this year they've gone up by about £280. I cancelled my auto renewal out of principle but am a little surprised that they haven't even tried to keep hold of me. As above, I guess sometimes they just don't want the business.
I've been on Moneysupermarket and Sterling have quoted £558 which is about £100 less then anyone else. I'm yet to start the policy so I don't know for sure if it will be exactly that but I'm reasonably pleased with that.

 

[Niall.b]

I was with Aviva a 3 years ago.
When I fitted coilovers, I picked a date purposely to (roughly) align with the renewal date to save as much faff as possible. Aviva weren't interested so I set about the comparison sites a month before.
LV came in at about £350 with all mods which was the same as I had been paying previously. Happy days...
Unfortunately I got my renewal date wrong by a day and the quotes were not valid when mine expired. I didn't realise until about a week before and by then the cheapest I could find was about £550, again with LV. Very annoying as I had been playing the 28 day game and nearly "won"
The next year LV was the same so I just stayed put but this year they've gone up by about £280. I cancelled my auto renewal out of principle but am a little surprised that they haven't even tried to keep hold of me. As above, I guess sometimes they just don't want the business.
I've been on Moneysupermarket and Sterling have quoted £558 which is about £100 less then anyone else. I'm yet to start the policy so I don't know for sure if it will be exactly that but I'm reasonably pleased with that.

did you try Adrian Flux?

 

[dubber36]

I've just had my renewal for my Mk2 Golf from Adrian Flux. £98 last year up to £106 now.

 

[The Bear78]

did you try Adrian Flux?

Not yet. I'm going to sort everything out tomorrow and will report back.

 

[Radford1071s]

I don’t have a modified van so stayed with Direct Line.

 

[roooms]

My premium with Howdens has just increased 10% with no changes and an extra year NCD. Based on this thread and the news article linked, I didn’t complain much when renewing.

 

[Scruffy]

Does anyone else smell the stench of profiteering from the insurance companies.

 

[Bav]

Does anyone else smell the stench of profiteering from the insurance companies.

That's an easy accusation to make, especially if you fail to consider the underlying reasons for premium hikes. Profit margins for car/van insurance in the UK are notoriously tiny and aren't increasing, so profiteering certainly isn't a significant contributary factor.

 

[DaveD]

A new LED headlight for a T6 is over a grand, plus fitting.
Bumpers containing complex electronics like radar, commonly damaged in minor collisions.
Heated windscreens costing well over a grand.
Just a few examples of the hideously expensive cost of repairing modern cars, which insurance companies have to factor in to our premiums.
We want complex vehicles, we pay the price, insurance companies don't just look at your van, they look at what you might collide with, some BMW headlights are well over two grand.

 

[Bav]

Not to mention increased repair costs (recovery companies, assessors, mechanics, body-shops, etc), increased replacement costs (new & used vehicles), increased number of claims (arising from the state of the roads and volume of traffic) and increased number of claims arising from uninsured drivers.

 

[Howzat]

Just got a hire van from Enterprise for a couple of weeks why my T6 is at the stealers. The guy there told me their average van repair bill these days is £2k.
My last van, an old transit, cost me £1.5k and sold 3 years later for £1.5k and was hardly off the road. Probably a week at most over that 3 years and we're only talking 6 years ago.
I've spent over £4k on minor mods and repairs for the T6 over the last 3 years and it's been off the road for over 4 MONTHS in that time, although a large proportion of that was due to an insurance claim. I'm expecting another 2 weeks downtime for the current adblue repair at the VW van centre.
It's no wonder insurance premiums are up with high repair costs and the lengthy delays getting the work done mean higher courtesy hire costs have to be factored in too.