car insurance renewal robbery time again

[JohnC6]

This has turned into a lively discussion

The EU legislation regarding equality came into force in 2012 and as KitsuneAndy says the insurers took into account other factors so what might appear to be a differential because of the sex of the applicant in reality isn't. Whilst this article is dated 2017..so 5 years after the introduction of the law it looks closely at why women pay less. It actually mentions scaffolders which JonathanRyan highlighted. I see the Guardian got it's figures from confused.com which was my original link.

EU’s gender ruling on car insurance has made inequality worse

It said car insurance firms couldn’t discriminate between the sexes ... since then men have seen a four-fold rise in premiums

www.theguardian.com

 

[Mr Bump]

Had my renewal through £50 more than last year. Checked comparison sites found quotes that were £200 less than last year.

Phoned existing insurers (it's Hastings premium so decent policy) told them and they price matched! Now paying lowest premium I've ever paid!

Frustrated every year having to do the same thing, each year they try and rip you off. If I could find an insurance company with decent policy that offered me best deal every year I'd stay with them for life!

yep i am with hastings premier and have been for longest with any insure, like 5 4 years now.
get quote, go on compare ring them back and suddenly its the lowest.
my fully comp with all bells and whsitles is like £280 this year

 

[nilagin]

yep i am with hastings premier and have been for longest with any insure, like 5 4 years now.
get quote, go on compare ring them back and suddenly its the lowest.
my fully comp with all bells and whsitles is like £280 this year

That doesn't seem that cheap to me. My policy was only about £100 for a car in a much, much higher group and I live in car theft Grand Central.
When my son moved out his insurance premiums dropped by almost £200 even though his annual mileage has practically trebled.


According to the media, the average cost of car insurance premiums is at its lowest for the last 4 or 5 years.

 

[Lucien]

I also discovered that my insurance is slightly lower, if I am a named driver for another car in the household (i.e. my Wife's car). The reasoning is that while I am driving her car is it another Insurance companies risk and obviously means that I drive my car slightly less than if I were not included on another car.

I have just checked and the FCA are still deliberating about how/when to introduce a ban on charging existing customers more than new customers for car and home insurance. If it comes in before the end of this year I will be surprised but it is a huge sum that the insurers are taking from us (£3.7 billion over 10 years).

Unfortunately I get ripped off with Home insurance because of a minor subsidence issue 30 years ago. The problems was identified as caused by neighbours trees and they were removed so no claim was involved. I cannot use a comparison site because they will not even offer a quotation. In desperation I once requested a quote from a specialist insurer who dealt with subsidence cases. I sent all the reports etc and confirmation by the surveyor that all was resolved and they gave me a quote but it was considerable more than I was already paying. In these circumstances, one has to just renew every year.

Dave

Try a quote from Home Protect as the question they ask you is something along the lines of “has the property suffered any subsidence in the last 25 years?” You can then honestly say “no” Very good cover and decently priced and often have some wriggle room on renewal.

 

[Dave Canon]

Try a quote from Home Protect as the question they ask you is something along the lines of “has the property suffered any subsidence in the last 25 years?” You can then honestly say “no” Very good cover and decently priced and often have some wriggle room on renewal.

Thanks, I will follow up on this.

Dave