ArtistsRifles Posted May 11, 2007 Share Posted May 11, 2007 Got my insurance renewal through today - policy expires on 21/5 - letter was posted on7/5, today is the 11/5 - it's taken 4 days to get here!! Having opened it up I got the shock of my life - what cost me £90 last year + £40 for the landrover earlier this year (so I was expecting a bill of around £130) has soared up to £224 :schocked: :schocked: :schocked: What on earth has made policies rise so high this year???? Quote Link to comment Share on other sites More sharing options...
Paul101Clark Posted May 11, 2007 Share Posted May 11, 2007 Which insurance company are you with ? Mine is due in June Quote Link to comment Share on other sites More sharing options...
Marmite!! Posted May 11, 2007 Share Posted May 11, 2007 Bet it those joker's.. Roadsure :whistle: give Footman James a ring they were 40% cheaper than the ridiculous quote Roadsure gave me this year.. even spoke to the top man at Roadsure & was told there was nothing they could do with the price hikes... Quote Link to comment Share on other sites More sharing options...
Jack Posted May 11, 2007 Share Posted May 11, 2007 Blimey Neil - had mine through this week and has stayed the same even though I increased the value of the GMC Quote Link to comment Share on other sites More sharing options...
Marmite!! Posted May 11, 2007 Share Posted May 11, 2007 Blimey Neil - had mine through this week and has stayed the same even though I increased the value of the GMC Hmmm.. wonder why they kept yours the same Jack when they are putting up everyone else's :whistle: Quote Link to comment Share on other sites More sharing options...
Jack Posted May 11, 2007 Share Posted May 11, 2007 Hmmm.. wonder why they kept yours the same Jack when they are putting up everyone else's :whistle: Not sure why Lee but it certainly wouldn't be what you are thinking. ......maybe its a PW thing ;-) Quote Link to comment Share on other sites More sharing options...
ArtistsRifles Posted May 11, 2007 Author Share Posted May 11, 2007 Didn't want to name names to spare Jack any embarassment with his advertisers - but those are the people named by Lee. Going to make some phone calls Monday and see what I can get. Then ring R.S up and tell them. I don't mind paying a reasonable premium - or a reasonable price rise, they are in business after all - but to the best of my knowledge there's been no rush of claims on MV policies in the last 12 months so I can see no reason for virtually doubling the premium!! :-( Quote Link to comment Share on other sites More sharing options...
LeeEnfield Posted May 11, 2007 Share Posted May 11, 2007 mate of mine with a Jimmy, has also had an increased premium, renewal. not sure which company he's with, but its worrying............ :whistle: Quote Link to comment Share on other sites More sharing options...
Its me Posted May 11, 2007 Share Posted May 11, 2007 Well this might be of a bit of a shock but i rember when my mum got her renewal from the company she had been with for about five years and they had only put on a bloody renewal price which was about £70 it was the first time they had done it to her so she phoned them up and asked if they could match a better price she had and they did that no problem all the best. kyle Quote Link to comment Share on other sites More sharing options...
Richard Farrant Posted May 11, 2007 Share Posted May 11, 2007 Just renewed mine with the company that Jack is with, it had an extra £15 added for lost key cover or something which I did not need, once they removed that, the normal premium had only gone up £5 since last year. Did not think this was to bad, still under £100 Quote Link to comment Share on other sites More sharing options...
fv1609 Posted May 11, 2007 Share Posted May 11, 2007 Yes it does goes up slightly. Currently £130 with Roadsure for cover on five armoured vehicles each valued at £3,000. Seems reasonable to me, but I'm not a young driver like Neil :-D Quote Link to comment Share on other sites More sharing options...
ArtistsRifles Posted May 11, 2007 Author Share Posted May 11, 2007 Bear in mind that I paid £90 last year for the Stalwart, £40 this year for the landie to be added and £120 last year for the breakdown cover. Now this is the 2007 breakdown: Landrover valued @ £900 Stalwart valued @ £6000 Premium to Insurance Company (KGM): £151.56 = +£21.56 Insurance Premium Tax: £5.56 Legal Expenses Cover: £20.00 Lost Key Cover: £15.00 Administration Fee: £30.00 Military Breakdown: £125.00 = +£5.00 Total Fee: £349.14 Hmmm - broken down like that it doesn't look so bad........ Seeing that figure of £349.14 had me hitting the angry button though..... Quote Link to comment Share on other sites More sharing options...
fv1609 Posted May 12, 2007 Share Posted May 12, 2007 Neil, not really fair to add the breakdown cover as that is a seperate thing altogether. I don't bother with lost key cover as three of the vehicles don't have locks! But in this day & age, I feel legal expenses very worthwhile. My wife had a RTA in her car last year. There was no insurance claim that could have been successful so the insurance companies backed off. BUT she had nasty & frightening letters from solicitors who were going to pursue her in a civil action. Fortunately she had legal cover & her solicitors responded & it all stopped. I have now insured my cipher trailer not just for the value if it is stolen or damaged, but for the public liability cover for its presence at shows & legal expenses cover to try to avoid any insurance shortfall in liability "try ons". Quote Link to comment Share on other sites More sharing options...
ArtistsRifles Posted May 12, 2007 Author Share Posted May 12, 2007 Yes - thats why I put the breakdown cover on an isolated line sir!! I was expecting two seperate renewals - one for insureance and one for breakdown cover - it rather threw me somewhat when it all came in together. Quote Link to comment Share on other sites More sharing options...
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