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here we go again Insurance

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Ken-Guzzibear View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ken-Guzzibear Quote  Post ReplyReply Direct Link To This Post Topic: here we go again Insurance
    Posted: 13 Mar 2019 at 19:02
I often post this BUT always shop around come renewal we had renewal for car, does not matter what one really, They kindly now show last years renewal and give this years However input on the known comparison sites ..... surprise kerching saved £42 ..... one of the bikes again renewal comes in ...now get this the SAME Co  same bike same information ......comparison site is £22 less go figure and by looking at just 3 comparison sites same cover levels £31 .. so up to date £73 saved against renewals .... on 2 vehicles ..... if i can shave just £10 on the old Guzzi the EV is in fact a freebie this year .... I am not looking for the oft spake "I got mine for £xyz , don't like mulit bike stuff looked at many and for the 3 bikes, for us not good The point is just to let you know to check and call them .....


What gripes my guts is the sheer damn cheek of renewal £110 and pence When THE SAME COMPANY QUOTES NEW BUSINESS AT £89.32 ... That made them squirm on the phone I can tell you! not a bad little kerching profit for doing nothing is it? the new trick is to tell you last years cost so it looks like there is only a few £ difference ......


What happens is Companies give different brokers different deals and discounts and therefore every year there will be one with the best price for any age group/experience/post code area this is why one person say 53yrs old will get a different quote than another for exactly the same vehicle
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Omobono View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Omobono Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 14:10
Same experience for me this year (actually: every year!). 

"Specialised" broker Carole Nash up from around £525 to around £750 for two bikes. Told the guy he must be joking, guy speaks with his manager and says "yep, that's it". 

Peter James blows them out of the water at £375, albeit with much worse roadside assistance. Then I go to Driver Guardian and buy roadside assistance for both bikes with around £140 (notional: it's £230 including the car), with Europe for the car and the BMW bike and UK for the Guzzi. 

Always shop around and never think just because a broker is expensive there will be no better alternative in the market. 

Besides what Ken-Guzzibear said, i suspect that there two level of engagement to find the better deals: for a new client a broker might phone around, and for existing clients is the automatic search function only? It has happened once too often now that every broker that appeared so good the first year proves very bad the year after... (Bennett did that last year, for example). 

O   

P.S. oh I forgot. I got the no claim confirmation from Carole Nash and it is 3 years no claim instead of 2 years. Forward to Peter James. They reduce the policy to the tune of £45. 
 
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iansoady View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote iansoady Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 16:46
Omobono - for breakdown insurance try a Nationwide Flexplus bank account. You get full top of the range breakdown UK & EU for ANY vehicle plus free worldwide health insurance. There is a monthly charge of £13 but if you keep £2,500 in the account you get monthly interest of around £6 - so all the benefits for about £7 / month.

The breakdown cover is from Britannia who are excellent.

For the bike insurance I'm still with Peter James - premium last year was £92 for my 2 bikes - agreed value total of £8,500.
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Omobono View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Omobono Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 17:06
Thanks Iansoady!! Well worth a think!! 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guzzi1000SE Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 18:11
We have the same Nationwide account and it covers both me and our lass for breakdown and it includes our cars and bikes.
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Brian UK View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Brian UK Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 20:50
For £13 per month.
Brian.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guzzi1000SE Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 20:59
Hi Brian, that's right for £13 but don't forget you get interest on your money in the bank so it works out less that £13 per month.

Follow the link and scroll down

https://www.nationwide.co.uk/products/current-accounts/flexplus/features-and-benefits?cmpid=PPC_1_1_71700000047570719_nationwide+flexplus&ds_rl=1235563&gclid=EAIaIQobChMIytTkjsKC4QIVBLTtCh3NUwhEEAAYASAAEgK_1_D_BwE
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Brian UK View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Brian UK Quote  Post ReplyReply Direct Link To This Post Posted: 14 Mar 2019 at 22:50
You also get worldwide mobile phone insurance for the family, travel health insurance and commission free foreign exchange. Interest is 3% up to £2,500. Yes I know of that account.
Brian.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote iansoady Quote  Post ReplyReply Direct Link To This Post Posted: 15 Mar 2019 at 10:18
I'm always surprised that once people know about it they don't snap it up. On second thoughts maybe a good thing as I can't see how they make any money out of it.

The benefits have been curtailed a bit recently - ISTR they've removed mobile phones - but as ours are worth a total of about £50 not a big deal for us.

Of course as a mutual they don't have to pay vast sums to their shareholders and executives (although they do pay the latter too much, it isn't millions).
Ian
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