 | Home > Finance & Insurance > Have insurance premiums shot through the roof? |
 
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| lonewolf Member Since: 23 Oct 2013 Location: North East England Posts: 209   
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The Meerkat quote, all 2 of them, were ludicrous ie £1200+and £1500+.....it beggars belief !
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5th Aug 2023 3:19pm |
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| dainger Member Since: 08 Feb 2022 Location: Harpenden Posts: 67 
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48% increase on mine this year.. not just the landy but also all other cars. The chap I dealt with blamed it on inflation 😂. I then played with him for a while asking him how he calculated 9% inflation had a 48% price increase. 😂😂
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5th Aug 2023 3:32pm |
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| lonewolf Member Since: 23 Oct 2013 Location: North East England Posts: 209
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I've just been speaking to my current insurer who told me that prices had gone up approximately 33%
due to it being a bad year for claims i.e. repairs and cost of courtesy cars etc. So I said if prices have gone up by 33% how do you justify an increase of 242% on my renewal price? Silence then ensued ........ he's now gone off to see if things can be improved! I await the email  |
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5th Aug 2023 3:45pm |
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| RDR Member Since: 27 Apr 2018 Location: Derbyshire Posts: 592
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I struggled to get quotes below £3k for my rr with 20years no claims most common excuse was because it’s easily stolen. this is the latest model with the wide band keyless system, I tried explaining different model years have different tech but to no avail. Fully expect the same run around next year ! 110 MY23.5 X Dynamic HSE
RR MY23 HSE PHEV D5 MY19 HSE - Now Sold D4 MY16 HSE Luxury - Now Sold D4 MY12 HSE - Gone D3 MY06 S - Gone but not forgotten |
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5th Aug 2023 3:58pm |
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| LR Nuts Member Since: 10 Aug 2022 Location: UK Posts: 1097 
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Just re-insured the 110 -L663 for another year. Spoke to a Human and saved £116 !!!!
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7th Aug 2023 10:38am |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2748
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What was your premium?
There's a few scare stories with insurance on the new Defender |
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27th Sep 2023 1:18pm |
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| Moo Member Since: 01 Oct 2021 Location: UK Posts: 1356 
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Insurance renewal came through this morning for my D250 SE 110:
Its doubled from £1367 to £2655! Nothing has changed. 
 Click image to enlarge So I went on line with Compare the Market. £6072 was the cheapest! The world has gone mad! Click image to enlarge Eiger Grey MY23 D250 SE with bits. Known as Noddy. |
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21st Oct 2023 11:32am |
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| RDR Member Since: 27 Apr 2018 Location: Derbyshire Posts: 592
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Just sorted a d300 x dynamic HSE I pickup this week. Added to my admiral multicar policy for £650 it was £1400 until she changed it to “immobiliser & tracker”. 15k miles a year business and pleasure 110 MY23.5 X Dynamic HSE
RR MY23 HSE PHEV D5 MY19 HSE - Now Sold D4 MY16 HSE Luxury - Now Sold D4 MY12 HSE - Gone D3 MY06 S - Gone but not forgotten |
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21st Oct 2023 11:48am |
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| pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661
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I didn't add a tracker to the BMW. Difference in premium was between £12 and £15 a year.
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21st Oct 2023 9:27pm |
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| RDR Member Since: 27 Apr 2018 Location: Derbyshire Posts: 592
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First time a tracker has had a material difference on my insurance to my knowledge. I don’t know what the l460s would have been without out. 110 MY23.5 X Dynamic HSE
RR MY23 HSE PHEV D5 MY19 HSE - Now Sold D4 MY16 HSE Luxury - Now Sold D4 MY12 HSE - Gone D3 MY06 S - Gone but not forgotten |
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21st Oct 2023 9:30pm |
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| pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661
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My neighbour's has just given her new car (SUV Mini) to her daughter. Was telling me that her Daughter's DS has a few issues (DPF / Cracked sunroof) but the nail in the coffin for ownership was the massive hike in insurance this year.
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21st Oct 2023 9:42pm |
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| pjm-84 Member Since: 12 Apr 2021 Location: Hampshire Posts: 661
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Just need to point out that my neighbour doesnt really keep cars more than 6months to a year, so whilst I noted a red shiny new car a few weeks back, I hadnt realised that its has now already gone.
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21st Oct 2023 9:45pm |
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| Screbble Member Since: 26 Apr 2015 Location: Lancashire Posts: 2081 
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Never paid much more than £300 per year fully comp to date. It did increase at the last renewal by about £30 I think.
I tend to use the comparison sites and have been with a well-known name for a few years - aw yes. Not looking forward to my renewal next year based on what I am reading! |
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22nd Oct 2023 9:34am |
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| blackwolf Member Since: 03 Nov 2009 Location: South West England Posts: 17357 
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I fear the propensity of LR products to burn down £20M car parks and destroy 1200+ cars won't help keep insurance premia under control either. Once was bad enough, but twice is ridiculous.
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22nd Oct 2023 9:42am |
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