Page 1 of 1
Car Insurance
Posted: Sat Apr 06, 2024 10:45 am
by Orient_Man_And_Boy
Wife’s car policy renewal. No changes to the policy (bar being a year older), no prangs or claims.
Plus 49.4%
The govt can shove its Inflation Index …
Re: Car Insurance
Posted: Sat Apr 06, 2024 10:55 am
by Long slender neck
Re: Car Insurance
Posted: Sat Apr 06, 2024 11:28 am
by Max B Gold
Renewed my taxi insurance last month. 11 years no claims, no points same car the incumbent insurer wanted £2,700 compared to £1,300 last year.
Changed insurer. Got it for £1,600.
It's just greed right across the board from the greedy capitalists from the price of Heinz beans to Lurpak.
Top beans tip. Buy Morrisons own brand and add some Heinz ketchup. A money saver.
Re: Car Insurance
Posted: Sat Apr 06, 2024 1:12 pm
by Rich Tea Wellin
Premiums should start coming down in the next few months.
Re: Car Insurance
Posted: Sat Apr 06, 2024 5:38 pm
by cockhat
Rich Tea Wellin wrote: ↑Sat Apr 06, 2024 1:12 pm
Premiums should start coming down in the next few months.
Why?
Re: Car Insurance
Posted: Sat Apr 06, 2024 6:10 pm
by Rich Tea Wellin
cockhat wrote: ↑Sat Apr 06, 2024 5:38 pm
Rich Tea Wellin wrote: ↑Sat Apr 06, 2024 1:12 pm
Premiums should start coming down in the next few months.
Why?
A few reasons but the big ones being inflation coming down so parts, and to an extent, labor is cheaper.
But also, it’s a super competitive market and the numbers of people shopping around at renewal is perhaps the highest it’s ever been. Premiums have to come down and some of the bigger players have already started which means everyone else will need to.
They probably aren’t going to be down as much as people would like, though
Re: Car Insurance
Posted: Sat Apr 06, 2024 7:15 pm
by Frogger
Max B Gold wrote: ↑Sat Apr 06, 2024 11:28 am
Renewed my taxi insurance last month. 11 years no claims, no points same car the incumbent insurer wanted £2,700 compared to £1,300 last year.
Changed insurer. Got it for £1,600.
It's just greed right across the board from the greedy capitalists from the price of Heinz beans to Lurpak.
Top beans tip. Buy Morrisons own brand and add some Heinz ketchup. A money saver.
Mixing bean juice with Tom sauce is wrong on every level. The two must never touch!!
Re: Car Insurance
Posted: Sat Apr 06, 2024 7:26 pm
by Dunners
Rich Tea Wellin wrote: ↑Sat Apr 06, 2024 6:10 pm
cockhat wrote: ↑Sat Apr 06, 2024 5:38 pm
Rich Tea Wellin wrote: ↑Sat Apr 06, 2024 1:12 pm
Premiums should start coming down in the next few months.
Why?
A few reasons but the big ones being inflation coming down so parts, and to an extent, labor is cheaper.
But also, it’s a super competitive market and the numbers of people shopping around at renewal is perhaps the highest it’s ever been. Premiums have to come down and some of the bigger players have already started which means everyone else will need to.
They probably aren’t going to be down as much as people would like, though
Sorry to be that guy, but inflation is not coming down (a common misunderstanding fueled by dumbed-down media reporting and misleading politicians).
The
rate of inflation has been
reducing, but we are very much still in an inflationary period, with costs continuing to increase. I suspect that this will be reflected in the insurance market too.