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AIB car insurance vs AXA

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  • 20-05-2017 1:37pm
    #1
    oB1
    Registered Users Posts: 706 ✭✭✭


    Was with AIB Car Insurance for the last year, June 2016 to June 2017, was the cheapest quote I could get at the time. Renewal time now so got the renewal letter in the post. Renewal premium is less than what I paid last year with AIB to be fair, but I decided to shop around.

    Considering the following information:

    Male, 25
    Car: BMW 116D 2.0 ltr, Auto
    License: provisional ( soon to pass test )
    Past insurance: 1 full year, with AIB in own name, no named driver experience.
    No claims discount: 1 year

    Considering AIB Car Insurance is underwritten solely by AXA Insurance, I couldn't believe the difference in price, considering exactly the same premium information!

    When called AIB up, they said that there was nothing they could do and couldn't explain why there was a massive difference in price.

    Decided to renew with AXA in any event !

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    Tagged:


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    #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,711 Mod ✭✭✭✭Henry Ford III


    Different distribution channels but the same underwriter. There's no requirement that they'll be comparable price wise.


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