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Insurance hike!

3 replies

SpiderObsession · 15/02/2011 14:53

My horse is insured with NFU Mutual, has been for years with one claim about 8 years ago. He's 20 years old now.

Last year his insurance was £350. Now it's £660. WTF. Surely that's not just his age?

OP posts:

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marge2 · 16/02/2011 10:58

Gawd! Have you asked them why?

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olderyetwider · 16/02/2011 14:33

Had exactly this same issue with NFU Mutual this year with 17 year old pony (no claims) Apparently the premiums start to load over the age of 16, and I wonder if they go up again at 20, as Ben's was about £350 for this year compared with about £200 last year. I've moved him to veteran cover, as we have 3 horses and it was getting ridiculous!

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SpiderObsession · 26/02/2011 14:19

Out of interest. NFU said the hike was because of 3 things:

We had double bonus last year (true) - £70 extra.
The economic climate
My horse is now 20.

The third one was the most influential. They gave me the same cover as last year minus vet cover for illness for £170 (known as a veteran plan).

So I'm stuffed if he gets colic.