+- JapCarForum (https://www.japcarforum.com)
+-- Forum: General Discussions (https://www.japcarforum.com/forumdisplay.php?fid=3)
+--- Forum: The JCF Lounge (https://www.japcarforum.com/forumdisplay.php?fid=17)
+--- Thread: I think they make it up (/showthread.php?tid=7831)
I think they make it up - Stoney - 12-05-2019
A lot of people simply don't shop around. Even with annoying singing guys and meerkats shoving the options in your face every time you turn on the TV. If they get away with it on just a small percentage of customers they are quids in. Many ring them up and immediately they drop a couple of hundred. They are just seeing what they can get away with.
I think they make it up - parthiban - 13-05-2019
Stoney A lot of people simply don't shop around. Even with annoying singing guys and meerkats shoving the options in your face every time you turn on the TV. If they get away with it on just a small percentage of customers they are quids in. Many ring them up and immediately they drop a couple of hundred. They are just seeing what they can get away with.
I always shop around but I think this price hike would make anyone want to shop around. For example if the price came in at £650 or max £700 someone might be inclined to just let it renew if they can't be bothered, but a rise of £300 is going to make even the laziest person look for a cheaper quote!
Silly business model if that is what they are doing, I'd be quite surprised if anyone would renew a price hike like that unless they are just don't read the letter for whatever reason
I think they make it up - Mikey - 13-05-2019
Thats why mine is going off the road tomorrow last year i payed around £900 my renewal came at over £1200 even though i had a bump i bought the claim back and thats with 4 years ncb. Done some searches and still they came back close to that.
Carnt be arsed with paying ridiculous amounts to insurance companys so im getting a bike.
Also the fuel is another thing !
I think they make it up - Stoney - 13-05-2019
Insurance has gone up a lot, for everybody. I read average rise was 35%! But obviously it would be much higher for some (cos that's how averages work!)
I think they make it up - toxo - 13-05-2019
Christ, that's nearly what I pay on the MR2, which has a modification list as long as your arm and probably twice the power!
Mine didn't go up last year, but I went from 2yrs no claims to 3 years at that point, so the increase in premiums effectively wrote off anything I'd have gained from the extra 33% NCB. I won't be renewing my insurance this year so I won't find out how much it would've gone up by, fortunately!
I think they make it up - parthiban - 13-05-2019
Just did a quote on confused and cheapest was Elephant at £564 - so no reason Admiral won't be able to do the same
I think they make it up - parthiban - 15-05-2019
Marsdendean ^^ I doubt they will.
Mine went up £660 and i managed to get it somewhere else for £100 less than it was last year. Currently paying £1060 for a year . . . .
Nah they will, if you've been with them a while they pretty much match anything, and Elephant is the same company so it would be stupid not to.
Yours went up £660! Is that due to accidents or your new address after moving?
I think they make it up - DaveEdin - 15-05-2019
Dean you should have just canceled the policy and started fresh with swift then...
I think they make it up - Lexuslady - 15-05-2019
I work for an insurance brokers and it's unbelievable what they add on , admin fees , credit card charges etc etc with my staff discount I still got quoted 3,654 !!! Needless to say I decided not to take it on , I'm 23 with 3 Years ncb and am paying 968 dreading to see my renewal !!
I think they make it up - DaveEdin - 15-05-2019
Jeez that's horrendous money... Glad I'm that wee bit older than you guys...