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 Post subject: insurance renewal
PostPosted: Fri Oct 07, 2016 3:09 pm 
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Joined: Tue Apr 03, 2007 11:27 pm
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I have just had a call from a broker to tell me their best price for my insurance renewal. He finished off by saying that this was the best price I would get because the underwrighter told him he had seen the same fleet for quoting at least 10 times niow and if he saw it again he would pull the quote completely. I wouldn't mind but I have only asked 4 brokers for quotes. :badgrin: :badgrin: :badgrin:

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 4:12 pm 
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Anyone with qudos insurance?

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 4:37 pm 
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i just got a letter today off enterprise insurance informing me that my insurance will be cancelled on the 27th of oct ( although it runs out in april next year) i have 2 choices now, either carry it on for the next 6 months with another company that has said they will honour the next 6 months, or take out a new 12 month policy, the bloke on the phone advised me to carry on with the next 6 months as, if everyone who is affected & decide to take out a new policy on the 27th it will be bedlam next year on the renewal dates at the office :lol: , now as i said to the bloke on the phone , what you are saying is that you will have a years notice to prepare for that day & wont be able to cope ?? :lol: :lol: he said no , anyway, under the compensation rules i will get back 90% of my yearly policy ( even though i have only paid 6 months, how? i have no idea) but how long it takes to actually come through no one knows as its country wide issue


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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 5:14 pm 
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ven2112 wrote:
i just got a letter today off enterprise insurance informing me that my insurance will be cancelled on the 27th of oct ( although it runs out in april next year) i have 2 choices now, either carry it on for the next 6 months with another company that has said they will honour the next 6 months, or take out a new 12 month policy, the bloke on the phone advised me to carry on with the next 6 months as, if everyone who is affected & decide to take out a new policy on the 27th it will be bedlam next year on the renewal dates at the office :lol: , now as i said to the bloke on the phone , what you are saying is that you will have a years notice to prepare for that day & wont be able to cope ?? :lol: :lol: he said no , anyway, under the compensation rules i will get back 90% of my yearly policy ( even though i have only paid 6 months, how? i have no idea) but how long it takes to actually come through no one knows as its country wide issue

I thought I read it as 90% of the pro-rata premium.

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 5:47 pm 
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Location: Stamford Britains prettiest town till SKDC ruined it
just found out one of my drivers was insured with enterprise as well all the quotes are coming out at about 40% higher. No wonder they went bust #-o

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 6:06 pm 
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Just a thought if you pay your insurance with a credit card would that have given you any protection?


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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 6:09 pm 
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Quote:
I thought I read it as 90% of the pro-rata premium.


well like i asked, how can i get 90% of my yearly policy even though i only paid 6 months, he said it was the compensation laws :roll: tbh , they are a canny company & only ever visit them once yearly, never have a problem, i have a fiat doblo , 1.9 multijet on a 06 plate tpft £23 per week ( plus a £70 one off payment for breakdown)


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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 6:24 pm 
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Location: Hampshire (HC)
Midlife martyr wrote:
Just a thought if you pay your insurance with a credit card would that have given you any protection?


s75 Consumer Credit Act


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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 7:07 pm 
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Midlife martyr wrote:
Just a thought if you pay your insurance with a credit card would that have given you any protection?


i pay weekly at the corner shop :wink:


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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 7:17 pm 
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edders23 wrote:
just found out one of my drivers was insured with enterprise as well all the quotes are coming out at about 40% higher. No wonder they went bust #-o

Last year with enterprise we paid 929.70 per vehicle. This year our best price so far is £1008.25 per vehicle. We have had 1 small claim this year though (approx £3000).

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 8:43 pm 
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Location: Stamford Britains prettiest town till SKDC ruined it
grandad wrote:
edders23 wrote:
just found out one of my drivers was insured with enterprise as well all the quotes are coming out at about 40% higher. No wonder they went bust #-o

Last year with enterprise we paid 929.70 per vehicle. This year our best price so far is £1008.25 per vehicle. We have had 1 small claim this year though (approx £3000).


I just renewed at £5100 for 3 vehicles and was getting quotes as high as £10000

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 9:55 pm 
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edders23 wrote:
grandad wrote:
edders23 wrote:
just found out one of my drivers was insured with enterprise as well all the quotes are coming out at about 40% higher. No wonder they went bust #-o

Last year with enterprise we paid 929.70 per vehicle. This year our best price so far is £1008.25 per vehicle. We have had 1 small claim this year though (approx £3000).


I just renewed at £5100 for 3 vehicles and was getting quotes as high as £10000

OUCH!

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 Post subject: Re: insurance renewal
PostPosted: Fri Oct 07, 2016 10:22 pm 
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Location: Twixt Heaven and Hell, but nearest Hell
you qualify for 90% of the remaining policy, mine started jan 1st so november 1st = 10 months cover, cost a grand so thats £800 worth leaving £200...90% = £180

if i live long enough to see it

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 Post subject: Re: insurance renewal
PostPosted: Sat Oct 08, 2016 11:39 am 
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wannabeeahack wrote:
you qualify for 90% of the remaining policy, mine started jan 1st so november 1st = 10 months cover, cost a grand so thats £800 worth leaving £200...90% = £180

if i live long enough to see it


no, i specifaclly asked him & he insists its 90% of the whole policy, although i do think you are correct mate


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 Post subject: Re: insurance renewal
PostPosted: Sat Oct 08, 2016 12:11 pm 
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Location: Twixt Heaven and Hell, but nearest Hell
ven2112 wrote:
wannabeeahack wrote:
you qualify for 90% of the remaining policy, mine started jan 1st so november 1st = 10 months cover, cost a grand so thats £800 worth leaving £200...90% = £180

if i live long enough to see it


no, i specifaclly asked him & he insists its 90% of the whole policy, although i do think you are correct mate[/quote


frankly a refund is as likely as me getting raped by a tulip

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