News1 min ago
Make Sure You Check
Many already know to get more quotes when your car insurance comes up for renewal, but you really must do it this year. A few weeks ago I caught a clip of Martin Lewis saying that car insurance companies this year were going to take a hit, and premiums were on there way down, so get more quotes. I thought yes I've heard it all before, I don't normally take much notice of his prolonged gabble, ( that's even if you can keep up with him.
Anyhow my quote for this year came last week, from LV who I've been with now for three years. On average its increased by about £20 each year, when I've compared with others its not been worth changing, this year very different.
My quote for my car this year is £218, exactly the same as last year, that I thought strange, then suddenly remembered what ML had been saying, so went into go compare, the lowest quote is from a company called Dialdirect at £151.00, and with more cover, and believe it or not , I couldn't, includes RAC cover, the latter not much use to me as I already have it in progress. Because I looked into this quote I had a email from dialdirect this morning, and guess who the company belongs to? LV, even if I went with one of the other many quotes that I've had, on average I would pay at least £45 less than the £218 quoted. Hope this helps some, or reminds others its more than worth checking this year.
Anyhow my quote for this year came last week, from LV who I've been with now for three years. On average its increased by about £20 each year, when I've compared with others its not been worth changing, this year very different.
My quote for my car this year is £218, exactly the same as last year, that I thought strange, then suddenly remembered what ML had been saying, so went into go compare, the lowest quote is from a company called Dialdirect at £151.00, and with more cover, and believe it or not , I couldn't, includes RAC cover, the latter not much use to me as I already have it in progress. Because I looked into this quote I had a email from dialdirect this morning, and guess who the company belongs to? LV, even if I went with one of the other many quotes that I've had, on average I would pay at least £45 less than the £218 quoted. Hope this helps some, or reminds others its more than worth checking this year.
Answers
Best Answer
No best answer has yet been selected by teacake44. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
They are supposed to be bringing in legislation by which renewals can't be dearer than the prices offered to new customers in similar circumstances. It could end the annual merry-go-round of switching companies every year but it may also mean that prices for new customers/switching customers will rise.
12.24 davebro It looks like LV are looking for a way round what you say by having another company in a different name, I've never heard of dialdirect before and tend to be on the safe side with really cheap companies, but didn't know until this morning that its LV, it didn't show that yesterday anywhere when I looked at Dialdirect
I think these firms are mostly brokers - like we had in the high street at one time. They shop around with the REAL insurers/underwriters to get your quote, then take a commission.
Often if you have to make a claim it will then be passed on to a firm of "claims handlers" for resolution. So there are several fingers in the pie!
Often if you have to make a claim it will then be passed on to a firm of "claims handlers" for resolution. So there are several fingers in the pie!
Yep, can't find any reason not to go for it, the very low quote when I first saw it did make me think twice, but going on the other quotes that were available that were also low there must be a crisis in the car insurance business like Martin Lewis said there was. Don't think I will lose any sleep for them :0)))
There seems to be many cherries being offered at the moment for your car insurance business. With this one I'm going for also includes legal assistance, car hire, in fact all the boxes ticked. What does puzzle me is the RAC cover, obviously the basic roadside, but how much are the insurance companies paying for it? When I renewed my RAC for the car I just have the basic roadside, last year I paid £5 per month, this year its gone up to £7, a bit of a jump all in all, but I still accepted it, a week later the RAC email me to say they have added recovery for free. So again if you do renew your RAC don't buy the recovery, you may get the same offered for free.
