I think I understand women more than insurance? long post

[old No 1]

How do insurance companies work out premiums? Is it just finger in the air stuff...

Me earlier: Hello Ive bought a new motorbike, I'd like to change my insurance
mong: Ok I need the details
Me: Details given
Mong goes away and comes back 5 mins later
Err sorry but your insurance company (AXA) wont insure you as you havent owned the bike long enough
Me: Well Iv had it one day ? Its new !
mong: You will have to cancel the policy and 're-broker' a new quote
Me: mmmm I have 5 months left on the policy do I get anything back? (wasnt expecting FA as it was £117 comp cover)
mong goes away and comes back another 5 mins at 10p per bloody minute
Err you owe us £5.76...
Me: *long pause* sorry?
mong: Thats only if you go through us again as Iv waived 'some' of the charges it should be £23
Me: so its costing very nearly 25% of the annual premium to be forced to cancel when I dont want to?
mong: yes
Me:How much for the new quote
mong: £234
Me: thanks but I'll go check some quotes

5 mins on the bike insurer website and top 5 quotes all with AXA starting from £119 to just under £200. Went with Dial Direct with LESS excess than I had before and Protected no claims for £145???
Oh and the original brokers showed up with a £161 quote !! with AXA Grrrrr

It baffles me it really does

/ admittedly poor rant over/

Edited by old No 1 on Wednesday 12th January 18:04

[redstu]

That's just crazy!

[ZOLLAR]

old No 1 said:

Mong

I understand your frustration but really?, it's not the person on the phones fault is it?.

[AMST09]

Just let your old insurance run out don't bother even cancelling it

[cuprabob]

Insurance companies are charlatans

[Emeye]

fking insurance - how can an 06 1.6i Zafira be £700 (cheapest quote) to insure for a 36 year old with 7 years no claims, no points etc etc And I don't live in a bad area?

[old No 1]

AMST09 said:

Just let your old insurance run out don't bother even cancelling it

No can do as I need the NCD and I would be in effect insuring two bikes

[LukeBird]

cuprabob said:

Insurance companies are charlatans

This.

My last but one insurer refused to cover my car and the woman on the phone basically suggested insurance fronting was the only way I would stay insured with them?!
I put a post on here to ask whether people reckoned it was to 'catch me out' or whether she was completely unaware of what she was suggesting?!

Scary, scary stuff... The 'trying it on' with renewal pricing pisses me off as well.

[old No 1]

ZOLLAR said:

old No 1 said:

Mong

I understand your frustration but really?, it's not the person on the phones fault is it?.

Well I didnt catch his name and he wasnt sounding exactly the sharpest knife in the box.

I didnt swear or anything and didnt get irate, just found it quite funny in a way...

[Jacob S]

Emeye said:

fking insurance - how can an 06 1.6i Zafira be £700 (cheapest quote) to insure for a 36 year old with 7 years no claims, no points etc etc And I don't live in a bad area?

Maybe there is an army of 36 year olds crashing 1.6 Zafira's in your area?

[Emeye]

Jacob S said:

Emeye said:

fking insurance - how can an 06 1.6i Zafira be £700 (cheapest quote) to insure for a 36 year old with 7 years no claims, no points etc etc And I don't live in a bad area?

Maybe there is an army of 36 year olds crashing 1.6 Zafira's in your area?

I paid £800 for my 56 plate Golf Gti last year! Exact same circumstances. Bizarre.

[hairykrishna]

My personal favourite insurance 'what the hell?' was when I swapped from my crappy Sierra shed with standard 2l engine to a >350bhp Sapphire Cosworth, bringing my insurance down by nearly 200 quid...

[soad]

hairykrishna said:

My personal favourite insurance 'what the hell?' was when I swapped from my crappy Sierra shed with standard 2l engine to a >350bhp Sapphire Cosworth, bringing my insurance down by nearly 200 quid...

That's good going, that is. Charged less for once

[old No 1]

hairykrishna said:

My personal favourite insurance 'what the hell?' was when I swapped from my crappy Sierra shed with standard 2l engine to a >350bhp Sapphire Cosworth, bringing my insurance down by nearly 200 quid...

Oh Iv got car ones too, not quite in your league but...

Swapped a 110 Passat diesel V reg for a S reg 996 C2 coupe and only worth 13 times the value and 3 times the power for an extra £100...inc £20 charge to change !