| Motoring Discussion > Insurance renewal | Tax / Insurance / Warranties |
| Thread Author: MGspannerman | Replies: 30 |
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Thu 2 Jul 26 18:25
Insurance renewal - MGspannerman
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My daughter has the same car as me, my old one now replaced, and her insurance is less by a three figure sum. Apparently my age counts more than my blameless experience. Last year there was an unwelcome hike and I ended up with LV on a joint policy for our two cars as the cheapest solution - if £800+ is considered cheap. This year the renewal came though at £830 for the both of them and I spent some time using the comparison sites to compare and contrast. Having found some interesting differences i contacted LV and suggested that my two quotes, one for each car, were significantly cheaper and yet both were LV. After some to and fro it appears that a couple of replacement windscreens, which i though i didn't have to declare, made a difference. They came down to just over £800 as the best they could do. I then bashed the comparison sites again, making sure to declare the windscreens properly and came up with two cheaper still quotes, again both LV. So an hour or so on the computer has saved £57.44 and £30 or so against their best price, but the pleasure in doing so is worth so much more! Both vehicles remain insured with LV, this time on separate policies. Where next I wonder. |
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Thu 2 Jul 26 18:52
Insurance renewal - Andrew-T
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| As you may already know, LV= is now teamed up with Allianz, so we await developments. |
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Thu 2 Jul 26 22:48
Insurance renewal - Bromptonaut
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Similar. Insured with LV in Jan 25 when we went down to one car. Premium around £350. Claim in September 25 for hit/run incident on supermarket car park. Renewal with LV offerd at c£600. Meerkat search came up at £350 with.... LV. |
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Fri 3 Jul 26 01:03
Insurance renewal - Terry
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Also just received my LV renewal - I've been with them a few years. £5 cheaper than last year and under £300. Not going to bother looking elsewhere for what may be a small saving at best. Key point with policy is that it allows up to 180 days overseas cover - useful for regular trips to Spain. |
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Fri 3 Jul 26 07:25
Insurance renewal - RichardW
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| Mine is now with Direct Line - a newly qualified 17 yo does scary things to your insurance! Comparison site came up with DL at about £1200, and surprisingly not a black box policy. Their advert says come direct for best price. OK, so I did for a check - same cover £2500! So we are via the comparison... |
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Fri 3 Jul 26 09:07
Insurance renewal - John F
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| We used to be with LV but left after they jacked up the premiums. In contrast to their owners, the older cars get, the cheaper they become to insure. This year, I went to Howden (as advertised on Iain Tyrrell's entertaining classic car U-tube) for my elderly uberwagen indulgence, a 2005 A8 W12 sport quattro - £248 for up to 2000 miles per annum. Our nearly 7yr old runabout, Peugeot 2008 130 EAT6 is £230 with Churchill, up to 6000 miles p.a. and my 46yr old TR7 is a mere £98 with Performance Direct for up to 1000 miles (usually only around 500 in recent years). We are fortunate in having had no claims for many years. Only the Pug is still 'depreciating', being the most expensive of the trio at £17k bought new. (The Audi cost me £12k 12yrs ago and my TR7 £4250 in 1981 when I bought it from a Lancashire dentist at 10months old). For the past 6yrs the mileage of all three has been around 8000 p.a. |
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Fri 3 Jul 26 12:35
Insurance renewal - Falkirk Bairn
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5 Years with LV for House & Car - renewals are a few days apart. 2025 LV put up premium by a lot on House so moved the house cover to Aviva. 2026 -Renewals came in this week so went to comparison sites. Aviva was cheaper for house but not hugely LV was cheaper for car but not hugely on Comparison sites Winner was direct with LV as the car was less and taking both policies £70 off. Interesting quote from Aviva on Comparison sites. Aviva has IIRC 3 x Comprehensive Policies - Not so Comprehensive (no windscreen cover for example) up to their Platinum which is a lot more like a Comprehensive Policy should be in my view. The Top Aviva Platinum Car Policy was £650+/- on all 3 Comparison Sites. My house insurance was Direct with Aviva so tried Aviva Direct quote for the car Roll of the drum £1174 for the CAR POLICY. This car quote included a discount if I also renewed my House cover at the same time! Age does matter in car cover - young & older drivers pay a lot more. |
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Sun 5 Jul 26 14:11
Insurance renewal - Crankcase
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With LV for the car for years. This year, premium £120 over last year. Then I discovered Skoda do specific EV cover. Compared the fine detail and Skoda policy is slightly better or exactly the same on every point. Various EV type extras built in, like cover for the charging cables and free recovery to a charger if you foolishly run out of juice . And £240 less for the premium. I spoke to LV. "Can't get near that mate, sorry to see you go". The Skoda insurance is of course underwritten by LV, clearly stated. The documents stem from the same boilerplate text and the contact phone number is three digits different at the end. Fingers crossed. |
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Wed 8 Jul 26 19:10
Insurance renewal - Bill Payer
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>> Various EV type extras built in, like cover for the charging cables and free recovery to a charger >> if you foolishly run out of juice . >> I think that's pretty standard from most insurers if the covered car is an EV, and when we changed with LV from ICE to EV mid-policy they made a point of mentioning those things. The price difference is weird though. |
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Thu 9 Jul 26 08:09
Insurance renewal - Bobby
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| assume the recovery is covered under a breakdown policy rather than your insurance policy? |
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Thu 9 Jul 26 11:41
Insurance renewal - Crankcase
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| Dunno. I have Skoda Assist anyway which covers the same thing as well as breakdown etc, UK and Europe, for first three years of the car's life. So I'll have two options in that circumstance, though they'll both be subbing it to the RAC or whatever no doubt. |
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Wed 7 Oct 26 11:21
Insurance renewal - martin aston
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As several have said above LV have jacked their car insurance prices up again. I’ve been with them for 13 years with no claims and up till now they’ve always come down after a chat with their helpful agents. Not this year. Last year I paid £253 and the current renewal was going to be £294. After a call they reduced this to £277. They won’t budge further. Meanwhile comparison sites offer cover from just under £200. These are known names, not obscure ones. However at the lower end they are all online only. That’s a step too far for me. I have ended up with Allianz (in the same group as LV ironically, with LV named in some of their docs). They administer the policy online but have a U.K. claims centre with real people. I am paying £224 for identical cover as LV provided. I know all companies play different games with prices/branding/channels but it does annoy me. |
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Wed 7 Oct 26 11:38
Insurance renewal - Falkirk Bairn
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I am with LV and have been for 5/6 years. 2023 CRV premiums have risen year after year - £470 last year became £580. I tried the comparison sites. The cheapest was some £450 but did not include windscreen cover and everything was extra. So I have renewed. Aviva wanted £1240, a few would not quote at all. Because I am 80 this month I am sure that it will go up and up. No claims in 60 years, apart from 1 x theft and 1 x hit & run. Other claims the 3rd party paid - the last one was 25 years ago. My 19 year old grandson was £1100 aged 17, £800 aged 18 and now £550 - less than me for his admittedly less power / cheaper 1 litre Fiesta! |
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Wed 7 Oct 26 12:10
Insurance renewal - martin aston
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Interesting FB. I take all the extras except breakdown cover so my policy is never the cheapest. However Aviva (via Confused.com) would have been just £252 for me. Their algorithms and market decisions no doubt mean they don’t want older drivers but five times as much is still surprising. As for age I went to my late uncle’s 80th birthday a couple of years ago and he was complaining that his insurance company wouldn’t continue cover…..for his motorbike. He got insurance elsewhere. |
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Wed 7 Oct 26 13:25
Insurance renewal - VxFan
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>> As several have said above LV have jacked their car insurance prices up again. I’ve >> been with them for 13 years with no claims and up till now they’ve always >> come down after a chat with their helpful agents. Not this year. Same experience with Direct Line. Been with them since 2015, and every year they've come down in price from the renewal quote, but not this year. So I went back to Tesco and got my car insurance nearly £200 cheaper with exactly the same bolt ons, etc. |
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Wed 7 Oct 26 13:32
Insurance renewal - Bromptonaut
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LV wanted significantly more on renewal in January. In principle that was reasonable as I'd had a claim for damage where the third party could not be identified. No dice trying to get it reduced. Went on comparison site and got a policy close to the 2025 price. With LV. Since then we had another fault claim. This time our fault; Mrs B helming. Will see what comes up in Jan 27. |
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Wed 7 Oct 26 18:34
Insurance renewal - Terry
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Accidents and claims for older drivers 75-80+ are similar to 17-24 year olds. The reasons for accidents are different - slow reactions, poor observation vs gung-ho aggression, but the consequences for the elderly tend to be more severe - injury and death. No surprise that insurance companies increase premiums as the years go by. Once the claims start insurance companies will be very aware that further may likely follow over the next few years until the claimant stops driving - health or repeat claims!! |
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Wed 7 Oct 26 18:44
Insurance renewal - Zero
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So Aviva have done the same old trick with me they do every time. offer a good initial price, 2nd year renewal is ok marginal increase, 3rd year renewal is 30-40% increase. Just done it to me on home insurance, just taken out a policy with Tesco 40% cheaper. Aviva previously did it to me on car insurance. Co-op annoys me with pet insurance. Take out a policy with good cover at a good price. Renewal is 25% dearer, phone them up "no we cant talk about the price". So I cancel renewal, take out a brand new policy with Co-op, same dog, same cover, price is very close to old one. |
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Wed 7 Oct 26 20:43
Insurance renewal - Manatee
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Quotemehappy (Aviva) tried to put all ours up 30% this year. Not sure how they get away with it. I thought they were now obligated in some way to offer existing customers the same rates as new ones? Clearly I am mistaken. |
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Wed 7 Oct 26 21:53
Insurance renewal - Zero
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>> Not sure how they get away with it. I thought they were now obligated in >> some way to offer existing customers the same rates as new ones? Clearly I am >> mistaken. They will claim they are rebalancing the portfolio risk profile |
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Thu 8 Oct 26 08:45
Insurance renewal - Bobby
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>>Co-op annoys me with pet insurance. Take out a policy with good cover at a good price. Renewal is 25% dearer, phone them up "no we cant talk about the price". So I cancel renewal, take out a brand new policy with Co-op, same dog, same cover, price is very close to old one. Do you stick with dog insurance all life or do you pull the plug when prices get too high? My lab is now 7 years old and prices are getting higher every year (obviously). Have never made a claim and thinking if I had put all that money away from day 1.... but of course thats the whole point of insurance. And every year the renewal comes forward 2 weeks if changing insurer as a new insurer doesn't cover for the first 2 weeks of cover. Which seems very contradictory. We are currently with Perfect Pet Insurance. |
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Thu 8 Oct 26 09:23
Insurance renewal - Zero
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>> Do you stick with dog insurance all life or do you pull the plug when >> prices get too high? My lab is noinsurancw 7 years old and prices are getting >> higher every year (obviously). i accept that insurance will rocket up in later years, so i cancel it at around 10 years of age and put a limit on what I am prepared to spend on treatment. Now this sounds cruel and heartless, but actually its not. On ageing dogs you have to balance pain, quality of life against risky expensive surgical intervention, or dibilitating drug regimes (metacam excepted - brilliant stuff). 10 year old or above dog with tumours? no I am not paying for surgery or chemo for another 18 months of agro for dog before death. Broken leg? yes I would. It really is balance each issue against benefit. >>Have never made a claim and thinking if I had put >> all that money away from day 1.... but of course thats the whole point of >> insurance. Usually that works, usually - would have done with my old now departed goldie. The Middle age dog? not a chance. In 6 years I have paid £3k in premiums to date. She has racked up - now get this - £20k - yes £20,000 in vets fees, with three major medical incidents. The new pup is insured to the same level as the now senior dog. That is 10k max per year. |
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Thu 8 Oct 26 09:29
Insurance renewal - Bobby
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ouch!!! £20k in fees already! I totally get the cruel and heartless but - our last lab had a stoke when it was 7 and after the 3k of fees for scans etc they said we could do rehabilitation and treatments etc to see if the paralysis could be overcome but we as a family agreed straight away that this was a dog who was very active, walked and played with every day, it would just be no quality of life so agreed to have him put to sleep. I think my limit is £7k maybe but our current lab is in same position with walking , activity etc so any future ailment would need to be taken with the same viewpoint. |
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Thu 8 Oct 26 10:10
Insurance renewal - Zero
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>> ouch!!! £20k in fees already! Yup, adder bite at 18 months, emergency treatment and a rush shipment of anti venum At 24 months Infected (e-coli) grass seed tracked up from tooth and lodged between eye and brain, CT scans and surgery at age 5 contracted Hemorrhagic Gastroenteritis (HGE) from kennels, (really scary that one) CT scans*, frequent blood tests, intensive care, drips, drains, isolation, for 5 days. Overnight weekends really pushes that price up. >> but we as a family agreed straight away that this was a dog who was >> very active, walked and played with every day, it would just be no quality of >> life so agreed to have him put to sleep. Old girl, at age 13 quickly lost 25% of body weight. Pretty obvious something serious was amiss, despite seeming to be happy and active. Had bloods done, results all over the place. Ageing goldie, usually means a cancer of some kind. Could have had CT scans* to find out what and where, but I chose not to, took her home managed and monitored her, still seeming pretty ok. pain free and resonably active. She told me it was time to go when she stopped eating. Cost? pretty minimal. Dog had a fuss free and relatively happy terminal phase of life *CT scan, Wasnt strictly required in that instance, but went for it as my cover was good enough. K9 CT scans are really expensive now, £5k as a guide price. I can get a full thorax to crotch CT scan done for me for under £1k at a local private clinic. |
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Thu 8 Oct 26 10:31
Insurance renewal - Bobby
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yip Vets, undertakers and dentists The three that you tend not to shop around for best value due to the nature of the situation you are in. And of course, most vets now bought by multi nationals, I think Mars own mine now! |
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Thu 8 Oct 26 11:44
Insurance renewal - Zero
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| I am lucky with mine, for now. local outfit, 6 branches all handy for me. One is a main branch, which they have leased out to Vets Now (big national chain) for over night and weekend emergency care (there is the big money). As a result my local chain have a daytime branch stuffed to the gunwhales with all the latest hi tech gear |
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Thu 8 Oct 26 14:53
Insurance renewal - bathtub tom
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| When a rellie had a private CT scan at local (NHS) hospital, heard they were doing pets. Wondered if it was true? |
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Thu 8 Oct 26 15:20
Insurance renewal - Zero
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>> When a rellie had a private CT scan at local (NHS) hospital, heard they were >> doing pets. Wondered if it was true? pets need to be sedated before you put them through a ct scanner, and a vetinary ct scanner is smaller and more portable. I suppose in theory a vet could hire it. Equine CT scanners are quite common, cost there 1,500 to 3,000 for a scan |
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Fri 9 Oct 26 19:44
Insurance renewal - ORB>>>
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While i was away in Italy last week it seemed that Blodwen was pining for me and a bit off her food and not feeling like moving, SWMBO phoned the vets and was told if she's eating a bit and drinking probably ok, but when we discussed it took her in for an emergency appointment monday morning. She had an emergency Hysterectomy on Monday as an ultrasound scan showed fluid probable infection around the lining of the womb and it was suggested that the operation was better than just attempting to treat with drugs and then having to return anyway for surgery, The figure quited was reasonable to us and were asked if we were ok with that. Do you have insurance. No a virtual piggy bank, Was feeling very sorry for herself but decided to come upstairs and join me on the bed 6 hours post-op. As usual pushed me across....Slowly getting better. Care and aftercare superb. Nurse phoned to check, back next week for post-op check. SWMBO (who is an Obs/Gynae specialist) wishes she could treat her patients like that. |
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Fri 9 Oct 26 19:37
Insurance renewal - CGNorwich
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| Don’t have pets, and have a NHS dentist so that’s two of them I’m not worrying about. |
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Fri 9 Oct 26 18:20
Insurance renewal - Bill Payer
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>> Co-op annoys me with pet insurance. Take out a policy with good cover at a >> good price. Renewal is 25% dearer, phone them up "no we cant talk about the >> price". So I cancel renewal, take out a brand new policy with Co-op, same dog, >> same cover, price is very close to old one. >> If you renew it does it cover previous conditions? If you take a new policy, presumably it excludes them? We had a car that cost £4K per year for two years. Funnily enough £4K was the cover level. Never had a cat insured before but thank Goodness we did. |
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