Insurance Coronavirus Con?

This sounds very strange. Insurance companies over here are issuing refunds to customers. This is supposed to be directly related to the lock down. Reduced mileage and fewer accidents being the reason for this. I would look around if I were you!

 

Yup call around, unfortunately @mpllineman, we have a different way of being ripped off, sorry I meant insured over here, it’s mainly the vehicle that gets insured not the person, why I don’t know as you can only drive one at a time but there you go!
@Aidan have a look around, my ins co of the last 5 years suddenly decided they couldn’t insure me for my 2 bikes this year so I went on the compare websites and managed to find some that would, varying prices but got a decent quote from Bennett’s, was with Hastings before.

 

Defo shop around and also get back to them telling them you've a better quote and see what they do.

With aunty Carol and after years of happy renewals got a surprising one a couple of years ago - got a few other quotes, rang them up and surprise, surprise, they managed to get back to me with a more reasonable figure!

DS

 

try Bemoto bike insurance.

 

I looked at bemoto when insuring mine and found that although the prices were reasonable the excesses were extortionate. They do seem to vary from week to week though

 

As long as it's like for like cover then happy days, the trouble I've found with most comparison quotes is the quote is for the basics but as soon as you add those bits that you would expect on an insurance policy (hire car/bike, protected NC etc) it gets more expensive than the original quote

 

I agree, it p!sses me off that companies provide the basic cover it quotes and then load up with the so called extra's . The one that winds me up the most is the additional cost for protected no claims. Rant over....

 

That’s still better than losing your no claims bonus and having an increase of premium because you’re deemed to be a higher risk, meaning it then goes up to about £1500

 

I know what you mean. Some protected NCBs allow up to 3 claims a year (like mine) but as my mum found out, her car ins only allows for 2 claims in a 3 year period before losing it.

 

Having done a fair bit of research I found Aviva to be best\cheapest for all insurance, car, bike and house. Also, added my partner and just adding her brought the cost down by <>15% bit vague on how much but it was significant!

 

The protected NCB is also only applicable to the company you are insured with, if you switch to another insurer they will not recognise it,I.e. if you have had a recent claim you will be penalised for it.
I think protected NCB is crap really, they just use it to retain your custom...usually at an inflated price.

 

your no claims bonus is transferable, if you swap insurance companies the company you are leaving must give you in writing how many years no claims bonus you’ve got.

 

You are correct ,the NCB is if course transferable, it's the protected aspect that is not recognised I.e. you have a claim with your existing company and your NCB is protected, when you change insurers they note you have had a past claim and therefore will not give you a full no claims discount.

 

Never really understood that. You'd think to a 'logical insurer' mind, doubling the amount of drivers would increase the risk. Always seems to be the way though, I added Mrs BS to the Landy insurance as a named driver and it brought the cost down by about £20 annually. (its only about £100 fully comp to insure... The one benefit of age!)