OT - Car Insurance Fiasco

TheChief · 2014-12-28T10:12:06+00:00

So I called the Ins Co early December to try to get my wife's Fiesta insurance sorted, which is due early Jan. Was told that they cannot provide renewal earlier than 3 weeks in advance, so asked for a fresh quote. This was reluctantly provided at £640. The policy covers wife, myself and 22 year old daughter. Two weeks later I get the official renewal document including premium £833!! So I called Ins Co to get the price sorted and they said that the fresh quote would be honoured. But there were a couple of changes to make and further negotiations follow.... Start with new quote of £640 Increase annual milage from 10k to 12k - premium increase to £680 - OK Here's the good bit.... Daughter's work status has changed from voluntary work to Trainee Accountant, but Ins Co doesn't have this title, so we simply add Accountant - premium increases to £809!!! Much spluttering and noises of disbelief from my end of the phone. So we try another job description equally appropriate of Accounts Assistant - premium reduces to £629!!! From this I can only surmise that the premium offered includes a large percentage that is added based on perceived ability to pay (the policy does not cover business use). Maybe there is a web site which lists job descriptions and the associated insurance surcharge (rip off). I'll close by wishing to all everything they wish for themselves for 2015 (whether or not that be days filled with DIY). Phil

Dec 28, 2014 22 Replies

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Tim Watts 11 years ago

Not this again...

And how do you think they proceed to deal with the non-existant fraud after their faulty fraud alarms tripped?

Total nonsense - the insurance companies expect people to look at speculative quotes and there is no fraud if the correct details are supplied at contract time.

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Vir Campestris 11 years ago

Ah no, the way to do that is to put a £1 transaction through first to make sure the car details are correct before following it up with one for a few hundred.

I'm looking at you, John Lewis.

Andy

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F 11 years ago

Absolutely not. I've done this three times a year for many years and have had no problems at all.

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