Car insurance - tell us your quotes/renewals

grogi

gussieg wrote: »

Here's a good one, got quotes from Liberty for my son and me a named driver coming in at nearly 400 euro cheaper than the other way around. Both full Irish no claims no penalties and I was charged over a grand.some insurers wanted 3 grand.
When I queried it the guy said oh he must be in our target market . I said what?!!
Yes his age bracket must be in our target market. So there y are now, I'm not in their target market anymore.

I'm out of the 30-35 bracket myself and the quotes I get this year start to become outrageous.

Rothmans

I've spent a good chunk of the day getting quotes from all the main websites. It's painstaking stuff. The cheapest quote I've gotten, at almost €900 from Aviva, is nearly double last year's premium :eek: All the main providers quoted €900 - €1200, except Chill (€1600), Britton (€1300), BOI (1600) and AIG was a whopping 3 grand!!

I'm going to ring a few brokers tomorrow in the hope of finding something better. Does anybody have any recommendations re Brokers?

gussieg

Last year I went with brokers because they offered me 640 on a 1.6 litre 1999 car and I didn't realise the crowd I'm insured with Patrona, does business with all of them. So by ringing brokers this time, I've been offered different quotes from Patrona again ranging in difference from 840 to 1200 , and that'd be from 3 different brokers so far.
Having paid 280 back in 2014 thre really needs to be a shake up or shake down of this racketeering/ cartel business, or else we need to get something together like the One Big Switch. People power.

gussieg

Last year I went with brokers because they offered me 640 on a 1.6 litre 1999 car and I didn't realise the crowd I'm insured with Patrona, does business with all of them. So by ringing brokers this time, I've been offered different quotes from Patrona again ranging in difference from 840 to 1200 , and that'd be from 3 different brokers so far.
Having paid 280 back in 2014 thre really needs to be a shake up or shake down of this racketeering/ cartel business, or else we need to get something together like the One Big Switch. People power.

gussieg

Doh ! Did it again!

AlanMcC23

Age: 27
Car: 12 Audi A4 2.0tdi 177bhp auto, UK import.
Years driving: 8
NCB: 8 years
No penalty points
Cover: fully comp, windscreen cover, ncb fully protected, breakdown assist.
Last year: €802
Renewal came in the post yesterday from Aviva for €826
Delighted with that happy days

Rothmans

gussieg wrote: »

Last year I went with brokers because they offered me 640 on a 1.6 litre 1999 car and I didn't realise the crowd I'm insured with Patrona, does business with all of them. So by ringing brokers this time, I've been offered different quotes from Patrona again ranging in difference from 840 to 1200 , and that'd be from 3 different brokers so far.
Having paid 280 back in 2014 thre really needs to be a shake up or shake down of this racketeering/ cartel business, or else we need to get something together like the One Big Switch. People power.

I'm gonna ring around in the morning. I got a quote from a broker online called simplyinsure.ie (never heard of them before) for €800 (Zurich are the Underwriters), and that includes driving other cars and step back. So the prices are finally starting to go in the right direction for me. I'd be hopeful that ringing around to the various brokers will get me good value, as it has done so in the past. As you say, many underwriters such and Patrona and Qudos etc seem only to be accessible through brokers. I've a list of ten to fifteen brokers to get through tomorrow and over the next few days. I'll report back with how I get on.

dodzy

Rothmans wrote: »

I've spent a good chunk of the day getting quotes from all the main websites. It's painstaking stuff. The cheapest quote I've gotten, at almost €900 from Aviva, is nearly double last year's premium :eek: All the main providers quoted €900 - €1200, except Chill (€1600), Britton (€1300), BOI (1600) and AIG was a whopping 3 grand!!

I'm going to ring a few brokers tomorrow in the hope of finding something better. Does anybody have any recommendations re Brokers?

Allianz, just in case you missed them (not a broker). And first Ireland (brokers).

jeffk

dodzy wrote:

Allianz, just in case you missed them (not a broker). And first Ireland (brokers).

I tried first Ireland, gave up trying to get through, look at their Google review, hardly a place you'll want to call if you've issues.

I used a Brooker on the southside, weird that they only took bank draft .

gussieg

Just heard on the radio news that insurance companies though in profit, are NOT GOING TO REDUCE THEIR PRICES.
This is something we are forced to pay for by law, hardly ever gets used, and now they say they want 80% more than what was being paid before.
When is enough enough?
There has to be a revolution.

Sue Pa Key Pa

gussieg wrote: »

Just heard on the radio news that insurance companies though in profit, are NOT GOING TO REDUCE THEIR PRICES.
This is something we are forced to pay for by law, hardly ever gets used, and now they say they want 80% more than what was being paid before.
When is enough enough?
There has to be a revolution.

One insurer made €12m profit out of a turnover of €190m (around 6% return). Having made a loss of €3.5m last year, they will be cautious about reducing premiums

Genuinely, we should all be thrilled that they have made profit. They ONLY way premiums will come down is through profit and competition. Perhaps new insurers will dip their toe in the water. Seriously, it's good news

gussieg

And there WILL be a revolution. https://my.uplift.ie

Liam McPoyle

The announcement today from FBD is a profit of 7%.

So even with all the increases in prices that still only equates to 7% of a profit.

That means that it's taken 30% to 40% of an increase in premiums on average to make a meagre 7% profit.

What dp you think that means?

I'll tell you what it means.

Selling policies at the prices they were selling for 4 or 5 years ago lost money.

If an insurer keeps losing money they will eventually go bankrupt like Setanta.

Moral of the story is that prices increased and will not decrease by any significant margin for the next couple of years.

Gen.Zhukov

That's all assuming there is very straight forward accounting and none of the creative stuff, which would be all be legit but just a tad creative !

Insurance co's are not exactly renowned for their transparency.

wotzgoingon

My Insurance is not due for a few months but every so often I do a fake policy to see how I will fair. About 3-4 weeks ago I done a online quote with Chill.ie and got a reasonable quote of €725.39. For the craic last night I done another fake policy and notice they changed the website around and now they will not even quote me. To say I don't care is an understatement as they were by far the cheapest and also my car is old a 1998 Jap import, so to find a company willing to take e on will be hard.

George Sunsnow

30 years driving full license
Full no claims
25 years with FBD (I do price around)
No points
Commercial jeep worth €5k 10 years old
1 named driver no claims full license of 4 years age 23 no points

Quoted €911 that a rise of €300

What the fcuk :rolleyes:

Mc Doc

I have new quote from NoNonsence

Age - 44
Full Drive License
10 Years
0 Clime bonus
Car - 2 litre disel - 2007

900 Euro! Why increase on 200 euro!!!!

wotzgoingon

Mc Doc wrote: »

I have new quote from NoNonsence

Age - 44
Full Drive License
10 Years
0 Clime bonus
Car - 2 litre disel - 2007

900 Euro! Why increase on 200 euro!!!!

Might have something to do with zero no claims bonus unless you meant to say zero points.

miece16

Previous Car was 2005 1.4 Ford Focus. insured with Aviva for €400


Age - 28
Full Drive License
7 Years driving exp
7 no claims bonus
0 penalty points
Car - changed to a 1.9 TDI Skoda Octavia 3 months before renewal

€750 renewal , an increase of about €350, not paying that

rang around and got liberty for €485 after lashing the parents on the insurance as named drivers

gustafo

miece16 wrote: »

Previous Car was 2005 1.4 Ford Focus. insured with Aviva for €400


Age - 28
Full Drive License
7 Years driving exp
7 no claims bonus
0 penalty points
Car - changed to a 1.9 TDI Skoda Octavia 3 months before renewal

€750 renewal , an increase of about €350, not paying that

rang around and got liberty for €485 after lashing the parents on the insurance as named drivers

what year is the skoda?

James Forde

Your Age: 31
Full Licence (2years)
Car type and engine: 07 Focus Petrol 1.6
Years driving: 3
NCB 3
Any claims: 0
Price and provider: Allianz renewal €1302 (increase of €200)

Went with the AA €901
Which includes a learner driver holding permit for less than a year.

Average quotes were €1400 from the usual suspects.

Happy enough

-=al=-

Which companies do older cars again? I scanned through the thread but couldn't find them. I'm looking for a 19 year old car here :rolleyes:

I've been with Axa for the last 3 years and it's gone up about €100 every year. I rang around a bit last year but never got a quote that was worth changing insurer and dread having to do it again. I got a renewal quote today and sure enough, another €100 added on to a total of €750

I'm driving 10 years, with a full licence, 10 year ncb and no penalty points. The car is a '98 Hyundai accent.

Without the 75% ncb that I'm eligible for, the policy is a cool €3010.11 :pac:

The percentage of discount is totally redundant since they make up these mad policy prices

It's like saying if you insure with us, you get a 99% discount!*
(*99% of our new €75,000 quote)

I better ring up and see what the story is. I don't have any named drivers on it but could put parents on it. What would it go down by if at all, if I put parents as named drivers on the policy?

grogi

-=al=- wrote: »

to a total of €750

That's not bad at all and you'll struggle to find much better quote in fairness.

Meeeee79

I am half way through my policy at present. does anyone know (this may be a stoopid question?!) but can I cancel my existing policy now and take out insurance with another provider if I find a cheaper policy?

-=al=-

grogi wrote: »

That's not bad at all and you'll struggle to find much better quote in fairness.

Damn... That's what happened last year and ended up just staying on and renewing. I wonder what adding named drivers to the policy might do

wotzgoingon

Meeeee79 wrote: »

I am half way through my policy at present. does anyone know (this may be a stoopid question?!) but can I cancel my existing policy now and take out insurance with another provider if I find a cheaper policy?

You can do that yes but you will be losing the half year no claims bonus. My advice would be stay for the rest of the year and then search for cheaper price when time for renewal with the extra year NCB.

kerten

-=al=- wrote: »

I got a renewal quote today and sure enough, another €100 added on to a total of €750

I'm driving 10 years, with a full licence, 10 year ncb and no penalty points. The car is a '98 Hyundai accent.

I am similar to you profile wise and paying 700 for 05 Focus. And finding quotes won't be easy for your "Dangerously" old car forget about cheaper quotes.

grogi

Meeeee79 wrote: »

I am half way through my policy at present. does anyone know (this may be a stoopid question?!) but can I cancel my existing policy now and take out insurance with another provider if I find a cheaper policy?

You can - but if this is your first year with this policy, you will get hardly anything if you cancelled now. This half year will not account for NCB either.

Just wait until renewal.

Aint Eazy Being Cheezy

Renewal time. Quote off my broker: €1050. Sourced another quote myself: €580 I'll be asking them to explain that to me when they call to ask if I'm renewing. And I didn't even look particularly hard, it was the second quote I got.

Incidentally, I can't remember exactly how many years NCB I've got. The cert just states 5+ Is this the kind of thing that they'd get pernickity over in the event of a claim?

Sue Pa Key Pa

Aint Eazy Being Cheezy wrote: »

Renewal time. Quote off my broker: €1050. Sourced another quote myself: €580 I'll be asking them to explain that to me when they call to ask if I'm renewing.

Dead right, the new Insurer appears to have broken Cartel Rule No.1 by offering a competitive premium against a fellow member

grogi

Sue Pa Key Pa wrote: »

Dead right, the new Insurer appears to have broken Cartel Rule No.1 by offering a competitive premium against a fellow member

It only took some raids from European Competition Directorate and Irish Competition and Consumer Protection Commission.

https://www.irishtimes.com/news/ireland/irish-news/motor-insurance-providers-in-ireland-targeted-in-anti-cartel-inquiry-1.3142988

Sue Pa Key Pa

grogi wrote: »

It only took some raids from European Competition Directorate and Irish Competition and Consumer Protection Commission.

https://www.irishtimes.com/news/ireland/irish-news/motor-insurance-providers-in-ireland-targeted-in-anti-cartel-inquiry-1.3142988

Those raids were in relation to compliance with regulations and not pricing. Many of the premises "raided" were insurance brokers, who do not set premiums

btmp75

Hi I am sorry if this posted in a wrong place. I recently bought a 2012 Honda Fit ( import from ~Japan) 1.5 pet/hybrid. Many companies are refusing to give a quote. Just wondering any one could help by giving brokers / companies who accept Japanese imports.

Aint Eazy Being Cheezy

Sue Pa Key Pa wrote: »

Dead right, the new Insurer appears to have broken Cartel Rule No.1 by offering a competitive premium against a fellow member

I know you've a bit of a chip on your shoulder when it comes to this topic, but lemme explain my annoyance. I don't have a huge amount of free time to go shopping for insurance quotes, therefore I engage a broker, and pay their broker fees. So when they come to me with a renewal quote that's almost double what I could source myself, I do question what I'm paying them for. Now, geddit?

wotzgoingon

btmp75 wrote: »

Hi I am sorry if this posted in a wrong place. I recently bought a 2012 Honda Fit ( import from ~Japan) 1.5 pet/hybrid. Many companies are refusing to give a quote. Just wondering any one could help by giving brokers / companies who accept Japanese imports.

Did you try Liberty?

Meeeee79

wotzgoingon wrote: »

You can do that yes but you will be losing the half year no claims bonus. My advice would be stay for the rest of the year and then search for cheaper price when time for renewal with the extra year NCB.

Thanks for this, never even thought of the no claims!!

Not worth changing overall so considering what losing a years no claims would cost

Trojan

Age: 38
Full Licence: 5 years
Car type and engine: '02 BMW 525i petrol 2.5L
NCB: 3 years
3 Points on licence
Claims: 0
Price and provider: Post Insurance (new business) quote €1850 Fully comp, €1550 3rd Party F&T

Currently with BOI Motor Insurance. May be forced to change to something newer.

Sue Pa Key Pa

Aint Eazy Being Cheezy wrote: »

I know you've a bit of a chip on your shoulder when it comes to this topic, but lemme explain my annoyance. I don't have a huge amount of free time to go shopping for insurance quotes, therefore I engage a broker, and pay their broker fees. So when they come to me with a renewal quote that's almost double what I could source myself, I do question what I'm paying them for. Now, geddit?

That same broker that you use might be able to source cover for half of what is available online for someone with a different profile to yours. It is a free and open market with each insurer trying to cherrypick what they perceive to be profitable business. Now, do you geddit?

Edit; Also, if you don't take the broker's offering, you pay them nothing, so what harm has been done.

Aint Eazy Being Cheezy

Sue Pa Key Pa wrote: »

That same broker that you use might be able to source cover for half of what is available online for someone with a different profile to yours. It is a free and open market with each insurer trying to cherrypick what they perceive to be profitable business. Now, do you geddit?

Edit; Also, if you don't take the broker's offering, you pay them nothing, so what harm has been done.

That doesn't explain how I can source a cheaper quote myself. Isn't the purpose of a broker to source you the best value policy, and charge a fee for doing so? And I'd also argue that because it's a _renewal_ quote, that I've already paid them to find me the best deal.

My point is that I wouldn't argue if there was €50/€100 in the difference, because you'd probably come across a discrepancy in the level of cover to account for it. But double the price is a farce.

Sue Pa Key Pa

The broker's function is to obtain the best cover and price that is available to him. If he meets your requirements, he will take a fee. If other outlets are cheaper, he loses out on income. Not all brokers have access to all products, so it would be impossible for them to always meet every client's requirements. That's why there are so many out there.

Liam McPoyle

Aint Eazy Being Cheezy wrote: »

That doesn't explain how I can source a cheaper quote myself. Isn't the purpose of a broker to source you the best value policy, and charge a fee for doing so? And I'd also argue that because it's a _renewal_ quote, that I've already paid them to find me the best deal.

My point is that I wouldn't argue if there was €50/€100 in the difference, because you'd probably come across a discrepancy in the level of cover to account for it. But double the price is a farce.

You seem to be confused with how brokers operate.

I can pretty much guarantee you could try 10 different brokers and you would get 10 different prices from the same insurance company.

Some insurers don't operate in the broker market.

Some only operate with particular brokers.

Some insurers will only sell their product through a handful of brokers only.

Some brokers will have better discounts for a given insurer because the business they have written has performed well.

Conversely, some brokers will have poor rates available with particular insurers because they business they placed with them has performed poorly.

There is no one size fits all when it comes to the broker network.

Iseedeadpixels

Heard it all now after being told my previous car was too old my current car is valued too low ffs these insurers are nothing but scumbags.

Liam McPoyle

Iseedeadpixels wrote: »

Heard it all now after being told my previous car was too old my current car is valued too low ffs these insurers are nothing but scumbags.

Scumbags for telling you that you undervalued your car?

How is that scumbaggy?

If it's worth 10 and you have it insured for 5 then in the event of a total loss you would only get 5.

How is trying to make sure you do not end up screwing yourself scummy?

Jesus, some people.

inforfun

I read it as the insurers think his car is worth **** all and dont want to insure it for that reason?

grogi

Business Cat wrote: »

Scumbags for telling you that you undervalued your car?

Statistically a driver driving a car that is worth less is a bigger risk for the insurer than the same driver in a brand new car.

People often forget that the motor insurance business is mainly about covering the damages the driver does to others, not to the car she/he drivers. The latter is just a drop in sea...

grogi

inforfun wrote: »

I read it as the insurers think his car is worth **** all and dont want to insure it for that reason?

Firstly - with TPL insurance (the mandatory one) insurers don't insure car. They insure the driver driving that car. And yes, some will not quote if that car is worthless.

The cheaper the car, the higher probability it is under-maintained. I still remember the thread 'I failed the NCT on shock imbalance. FFS, the car is worth less than replacing them, I won't be spending that kind of money on €500 ar. How can I cheat the NCT?!'

inforfun

grogi wrote: »

Firstly - for TPL insurance (the mandatory one) insurers don't insure car. They insure the driver driving that car. And yes, some will not quote if the car is worthless.

Yeah, i know.

His car is too old\worth nothing and therefor dont want to insure him.
If he had been driving something worth more, they would insure him.

See where i am going...?

Iseedeadpixels

Business Cat wrote: »

Scumbags for telling you that you undervalued your car?

How is that scumbaggy?

If it's worth 10 and you have it insured for 5 then in the event of a total loss you would only get 5.

How is trying to make sure you do not end up screwing yourself scummy?

Jesus, some people.

No its valued correctly, its another way of declining cars, surely they would want to insure a smaller value car?

h3000

h3000 wrote: »

Both mine and my wife's insurance is up in the next few days.

Me:
34. 16 years claims free driving. Full licence 16 years. No penalty points.
2013 Ford Mondeo 140 TDCI Aviva renewal €555. Last year €499. Fully comp with NCD protection.
Wife:
36. 8 years claims free driving. Full license 8 years. No penalty points.
2005 Toyota Corolla 1.4 petrol Aviva renewal €436. Last year €385. Fully comp with NCD protection.

Named driver on each other's policies.

I got a lot of quotes over the last few days but got nowhere near Avivas quotes but rang Aviva today and haggled a bit anyway and got mine for €550 and my wife's for €382. Not too bad overall with some of the mad quotes I've seen here.

Just renewed our policies again.

Me:
35. 17 years claims free driving. Full licence 17 years. No penalty points.
2013 Ford Mondeo 140 TDCI. Aviva renewal letter stated €655. Last year €550 Fully comp with NCD protection.
Paid €603

Wife:
37. 9 years claims free driving. Full license 9 years. No penalty points.
2005 Toyota Corolla 1.4 petrol. Aviva renewal €481. Last year €382. Fully comp with NCD protection.
Paid €444

Again I got a lot of quotes over the last few days but got nowhere near Avivas quotes but rang Aviva yesterday and haggled a bit anyway and got mine for €603 and my wife's for €444. Not too bad overall with some of the mad quotes I've seen on here.

Sue Pa Key Pa

Iseedeadpixels wrote: »

No its valued correctly, its another way of declining cars, surely they would want to insure a smaller value car?

No, that's not the case. If, for example, you value a 2015 Toyota Corolla for €3,000, insurers would rightly guess that there is something not quite right with the condition of the vehicle