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Q= How much reward for loyalty? A = Not much

The voice of sense says always complete a search website for Insurance policies. Predominantly I also use two Insurance comparison websites, it's rare for the current insurer to be the best on price and options included.

Even then I found that cancelling a policy mid term can save you money. I don't know how they conjure up their figures that if you cancel a policy and start a new 12 months policy works out at savings of hundreds of £££.££'s
 
My renewal just hit my inbox for my 997 turbo. Admiral who ive been with for last 5 years want £770. Quick look on confused.com and I can get it for £428 elsewhere.

Will see what the "specialists" can offer, then give Admiral a bell and see what they say.
 
Just been through this palaver myself. Had been with Admiral in the past but when we looked at making a claim for one of our other cars they were a PITA. Wanted us to make a 2 hour round trip to their preferred repairer.

Last year we switched to DirectLine and when we came to renew this week we stuck with them. Half the price of Porsche/Marsh. No track day cover but I can live with that. We can use a preferred repairer but that limits your courtesy car to 21 days instead of the duration of the repair. They use autoglass for windscreen which from other posts sounds like it might be ok. Worst case they pay a limited amount of the replacement.

Good Luck - there's not much in life that is as life-draining as renewing car Insurance......
 
wasz said:
I use autoaid myself, miles cheaper..

Isn't that a 'redemption policy' ie you have to pay Fo your recovery up front, and then reclaim the cost from the policy?
 
Well after shopping about the cheapest quote I got for my renewal was £385. Not bad. Same price as I pay out for the wifes diesel car.

However I thought id get a quote from one of the specialist porsche insurers just to compare and they have come in at £750.

Normally id just go with the cheapest, ive 24 years NCB so am a safe driver, but was considering going with the specialist this time due to the perceived "better product" although its nearly twice the price.

One thing which has put me off a little is that the specialist started giving me all sorts of scare stories about how "normal" insurers wont pay out the full value of the car.

Now in my experience, the whole point of having the Insurance is that the Insurance company will pay you what it would cost to replace your car with one of the same age/spec/mileage/condition. In all the instances ive come across when a cars been written off the Insurance company usually offer a low ball first offer in the hope that some people will just accept it. You normally then go back with adverts off autotrader etc and prove what it would cost to get a car like yours and the Insurance company immediately increases their offer to the actual "market" value of the car without any problems. At least that has been on all the cases ive seen. However, since we are talking about a £50k odd car here, are "normal" Insurance companies more reluctant to actually pay out?
 
The trouble with Insurance companies, as said, is that they hope you just accept the renewal price as a lot of people do. also when you take out the policy they ask how much its worth then in the speil they go through at the end they say they will only pay market value, so why ask how much its worth.

They also offer low initial settlements as to them the value of the car is lowered by the fact it is now broken so it is up to us to keep pictures and records to prove the real value.

Shyters the lot of them.


Mike
 
It's all smoke and mirrors and they've got hold of your gonads whichever way you turn :pc:

I recently changed my daughters mini, for another mini and they wanted over 50% increase to change over. Now I grant you the car was newer and I think one group higher but when I challenged it with Admiral their response was "Ah yes but this is a new car to her so she won't be 'experienced' with it" :? Had we not been building the NCB I'd have walked mid-policy.

I compare every year, give them the chance to 'match' or I walk. I've no loyalty to insurers, you have to have it by law and providing it's not an Arthur Daley 'cover note on the fly' type company that will do me :thumb:

I've since learnt I need to keep all previous renewal notices where companies only show a 'max of 9yrs NCB' given that Admiral go to 14yrs but as I couldn't prove it a few years back (thinking that is what the claims database is for) they only gave me 10yrs (+1 for effort) when I've got 15+ :roll:
 
Admiral are particularly guilty of this, but in general I find that the more mainstream a company is : the more likely that they are to do it. My sensible car is with Admiral - every year I ask the meerkats if the quote is competitive and fairly often it isn't. If not, you just call them with the quotes that you have and see if they can do better. They always can. The only reason why I don't walk on principle is because frankly the majors are all as bad as each other.

However - not all insurers do that once you get into brokers. I have had my Porsche insured with ManningUK for most of a decade now and the only time that I ever had a significant unscheduled hike was when I <erm> had to take advantage of my track day cover. Even then it wasn't as much as I expected though. Since then (over 5 years, so not applicable to quotes any more regardless) it just comes down every year like you would expect it to. Cheaper than any online quotes for me in the GT3 too.
 

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