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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think that this cannot be justifiable?! Insurance

81 replies

PyongyangKipperbang · 15/08/2023 12:36

I stayed with the same car insurance for three years as the price was about the same as when I did price comparison, had had good service from them and it had some good extras. ,

This year, nothing changed except another years no claims, and they have tripled the price! Its almost £1500! I know that sometimes renewals get loaded as some people are just lazy and dont bother changing, and in fairness I might have done the same if the increase was roughly in line with inflation (although would have checked others just in case) , but that much is just ridiculous surely no one would go for it?!

I am 50, no claims or convictions, same car as last year so no change there, there is literally no reason why it would go up. I wondered if it was my age but I cant see that turning 50 should have that much of an impact and I have done price comparison and that is coming out roughly (well a little more) than last year, so if it is my age no other insurance companies are bothered! Obviously will be changing. But when I called they said that it was "industry standard" increase and were adamant that that was the only price they could quote. Got the impression when I said what prices I had had from comparison websites that they thought I was lying to try and get them to lower their price!

OP posts:
GreenBurritos · 16/08/2023 11:35

I'm contemplating changing my car for something cheaper to insure! Reminds me of being 17 again when you always considered what insurance company a car was in. I didn't think it mattered that much these days but evidently it does.

FatherJackHackettsUnderpantsHamper · 16/08/2023 11:41

Reminds me of being 17 again when you always considered what insurance company a car was in.

Oh, yes, I remember that very well. When you were young, you were told to grin and bear it and look forward to the time when your age and experience would work in your favour, and you'd get your car insurance for buttons, regardless of what car you had.

I'm approaching 50 now and I'm still waiting in earnest to find out what car insurance bargains I will get when I stop being a youngster!

randomusernam · 16/08/2023 14:47

I have this every year and have max no claims bonus. I really wouldn't worry about it. They all do it. They hope that you might just stick with the quote given.

CakAndMoreCake · 16/08/2023 15:34

randomusernam · 16/08/2023 14:47

I have this every year and have max no claims bonus. I really wouldn't worry about it. They all do it. They hope that you might just stick with the quote given.

This year was weird. I have about 20 odd years of no claims. I tried not declaring it or reducing it and sometimes my insurance was less without it!

PyongyangKipperbang · 17/08/2023 00:57

CakAndMoreCake · 16/08/2023 15:34

This year was weird. I have about 20 odd years of no claims. I tried not declaring it or reducing it and sometimes my insurance was less without it!

I would do this to see but surely it would break the T&C's that you agree that all the information that you have given is correct. So in theory, even though not declaring your NCB theoretically puts you at a disadvantage financially, they could refuse to pay out because you didnt declare 20 years no claims that you actually have?

I know that sounds stupid but we all know what bastards they are so they could say "Well you lied about having no NCB so we are not paying out".

I am thinking that maybe doing it your way, and seeing what a difference it makes and if it does come out cheaper, ringing them and asking them why and insisting on the lower price could work though.

OP posts:
mrstea301 · 17/08/2023 08:07

An insurer wouldn't decline to pay a claim because years of NCD wasn't declared.

Failure to disclose a material fact is to try and catch things like claims or criminal convictions that haven't been declared.

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