Bennetts Insurance Rip Off

I think that all the effort with keen pricing goes into getting you on board as a customer, once they have you by the short & curlies they then shaft you for any changes, when I changed bikes mid policy a couple of years back they absolutely spanked the rate to change, I got so mad I cancelled the policy & went with someone else for a lot less.

 

It does seem a little strange that you cannot pay the admin charge as a one off? They want to spread it over the term of the policy and then charge you interest, WTF is that all about.

 

If there are any legal bods on here I'd be interested to know if forcing someone to pay in this manner is actually legal. By their own admission it's an admin fee, not a change in the circumstances of the motor cycle or the person being insured.

Doesn't surprise me they're trying it on, they are all thievin' barstewards. They expect you to have integrity beyond reproach whilst displaying exactly the opposite themselves.

Oldfart

 

Show me one insurance company that doesn't rip off its customers.

 

I was with them (Bennetts) for a few years and got to say I had no real major problems and they were competitively priced, however at that time I was retired but 2 years ago I got myself a little part time job as a delivery driver and on renewal that year and on informing them of this, they then wouldn't insure me!!! tried for quote last year again out of curiosity and once again was declined, crazy!!!! They won't get another chance.

 

As i was stung nearly £100 pounds for a midterm change of bike as i swapped the speed triple for the speed twin i told peter james ins to take a hike and phoned around and eventually spoke to a helpful chap Jamie at Heritage Ins, i had a multi bike policy before as i have 1 modern and 3 classic bikes on the road, they sorted out a far better deal inc agreed values on the 3 classics.

 

Bennetts also raped me of money just for a cherished number!

 

What goes around comes around.

Every year come renewal time (for me) its time to go on the comparison sites. I've actually got two of my bikes insured with Bennetts at the mo. They were way cheaper than the alternatives this year on like for like cover, but I'm not holding my breath and next year I'll be surprised if I'm not changing companies once again. I must have been with most of the bike insurance companies over the years, Hastings, Carole Nash, Aviva, Norwich Union as was! etc. etc. Their current m.o. seems to be give a good introductory discount for new business and then hang you out to dry in 12 months time. There is no loyalty towards customers anymore which I think is a shame.

 

Totally agree! I’ve done the rounds too and all seem similar it’s just a case of who’s best on the day of my renewal.

 

Just read today that Bennetts has been sold to a company that already owns Carole Nash and Swinton, subject to regulatory approval.So much for competition, I usually play these three off against each other at renewal time.

 

Just got my renewal through the post this morning for my Z900RS from Bennetts. £470 for the year, was £260 last year they said so I immediately rang them to stop the auto renew. Why they asked ? Because through comparethemarket.com you are quoting me £215 I said. Ok we'll do it for that then she said. So she did her stuff and said that'll be £171 then. Even better. Turns out I had an extra years no-claims over what I'd put in the online quote so I saved almost £300 over the normal rip off price by getting the "new business" price".

 

I actually had a very pleasant surprise last week... renewal came in for the bonkers fast Superduke at just 160ish quids... about 60 quids down from last year they informed me it was on auto renew and I don't have to do a thing so I will happily do feck all... bikesure for those interested. Heard bad things about dealing with them if you need them but for that price I'll take my chances

 

Didn't know you had a z900RS Andy... Nice! I like those, any pics? They do them in lovely gloss colours too.. unlike Triumph

 

It amazes me that insurers are prepared to reduce prices for new business over renewing an existing policy. I worked for an insurance company for over 30 years prior to retirement and at each and every annual conference it was drummed into the staff that we had to do all we could to retain renewals as it was much more economical to renew a policy than to take out a new one.


Also when looking around for cover remember that cheapest is not necessarily the best, there is an old adage 'you get what you pay for' that applies to insurance as much as anything else. Theft terms and excesses are 2 of the obvious ones.
When taking out cover whether from a comparison site or insurer direct check the terms. You can usually download these and the policy wording to make sure you know what you are buying.

 

Don’t you need to be a dithering old codger to use Saga?

 

I shall take a look...