Insurance bargain!

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Discussion

WightGT

Original Poster:

171 posts

152 months

Wednesday 10th October 2018
quotequote all
I should state at the outset that I have no vested interest in LV insurance.

This year I have taken out a multi car policy with LV insurance - one Peugeot, one Jimny and my 2004 Continental GT 8000 miles p.a.
The premium for the Bentley was £202 with me as the main driver and my wife as a named driver (only in case of a DIRE emergency!). This includes 180 days cover for EU motoring (you don't have to pre-inform them) with the same cover as you have in the UK - fully comprehensive. There is a £140 excess on the windscreen, but that is a £1,600 item from Bentley and I've already saved £140 by not renewing with Aviva.
I'm chuffed to bits!

goddo

439 posts

138 months

Wednesday 10th October 2018
quotequote all
That sounds as if you've got a good deal there with LV.
We have Admiral multi car and while at first it seemed a reasonable deal, the prices have climbed
quite dramatically. I tried one of the search engines when the last renewal was due and could only
find sensible savings (ie with same level of protection) with a few pounds difference.
Maybe phoning these companies rather than just tapping computer keys might produce a better price?

Speculatore

2,002 posts

241 months

Friday 12th October 2018
quotequote all
I have just renewed my multi car with Admiral. Originally the renewal quote was £240 more than last year so I called them and asked why as there has been no claims. I also told them that I have received a quote from Direct Line but didn't disclose the figure. After a quick call they reduced the renewal premium to £94 below last years figure.... A £334 reduction from their original quote...

Out of interest, I didn't go with the cheaper quote from Direct Line because they do not insure cars that have been wrapped as a directive from their underwriters...

goddo

439 posts

138 months

Friday 12th October 2018
quotequote all
Speculatore said:
I have just renewed my multi car with Admiral. Originally the renewal quote was £240 more than last year so I called them and asked why as there has been no claims. I also told them that I have received a quote from Direct Line but didn't disclose the figure. After a quick call they reduced the renewal premium to £94 below last years figure.... A £334 reduction from their original quote...

Out of interest, I didn't go with the cheaper quote from Direct Line because they do not insure cars that have been wrapped as a directive from their underwriters...
We had a renewal quote for our family of four cars and I thought it was excessive.
I rang Admiral and we went through the individual cars and without anything radical in the way of cover, I managed to
get a requote £350 less than originally asked. It definitely pays to make "personal" contact with these companies.
I fully expect Brexit to be the next reason why premiums are going sky high.