I just renewed my car insurance. What I noticed is that the comparison sites now seem to be playing a dirty time-wasting trick where you'll get your prices then go over to the best one's site, where just before payment it'll ask you to confirm your reg, even though you already did that on the comparison (gocompare) site and it has the right car anyway. As soon as you do, it ramps it up another £100.
Changed cars this year so was expecting a hike tbh as it's twice as powerful.
This practice is now banned by the FCA so new customers and renewal customers have to be charged the same for like cover (with the same insurer of course) so you should not be disadvantaged anymore for auto-renewing.
Is that right?
I was with Churchill last year. They sent me through my renewal price of £750ish. Went to the comparison sites and the best one was... Churchill at £550?
Is that right?
It is. Variance in pricing can be down to a huge range of factors such as, are all details 100% identical; lead-time pricing;product differences via channel of purchase. If all things end up identical, then under regulatory changes your price has to be matched or they are breaching regulations.
What I noticed is that the comparison sites now seem to be playing a dirty time-wasting trick where you’ll get your prices then go over to the best one’s site, where just before payment it’ll ask you to confirm your reg, even though you already did that on the comparison (gocompare) site and it has the right car anyway. As soon as you do, it ramps it up another £100.
I spent ages on, IIRC Money Supermarket doing my house insurance. Took ages to write in the details of seven fairly nice bikes, values, all that rubbish, then it gave loads of quotes, most of whom had £500 to £1k limit on bikes, some wouldn't cover bikes out of the house, etc, etc. What's the point t spending all that time entering g details if it just ignores them?
Stuck with Aviva in the end as the renewal was £2 cheaper than last year and a lot less hassle!
Had car insurance renewal quote this week- £30 cheaper than last year @£220.
Went on the comparison sites and they were more expensive than the renewal price from current provider which is a surprise.
@Daffy. We’re we’re with Swinton we are now with nationwide. Not sure who the actual underwriter is yet
So a bit of digging on car insurance got me to about 10% more than last year with "flow". Cover looks to be good.
Told admiral I want to cancel and they've miraculously managed to take 20% out of the renewal price which puts it back to roughly where we were last year. I hate this stuff, a little bit of retention discount is one thing, 20% is taking the piss.
Halifax managed a small improvement on the renewal for the house insurance but at slightly lower cover can beat last year's price so have basically told me to go away and add up my contents as my insured value is high for the property type (I assume this probably kicks me into a higher risk category too as no one likes an outlier), the only other difference being a higher excess on subsidence on escape of water, both of which are still lower than I expected them to be (£500 for each instead of £200)
