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Author Topic: Insurance Renewal  (Read 1165 times)

jeffersj

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Insurance Renewal
« on: December 17, 2022, 12:08:22 PM »

What is going on at Adrian Flux?  Insurance renewal due 07/01 but no renewal quotation received so contacted them only to get a quote over £200 more than previous year when there are no changes to car or status?  No reasons given.  I contacted Footman James and have been given cover for £129 including club discount so goodbye Adrian Flux.
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Jeff

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GRMac

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Re: Insurance Renewal
« Reply #1 on: December 17, 2022, 12:59:05 PM »

I don't think it's just Adrian Flux with the prices, it pays to move regularly. I had a similar situation with car insurance and with the land rover insurance Adrian Flux was the cheapest option after Hagertys renewal was randomly much higher.
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diffwhine

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Re: Insurance Renewal
« Reply #2 on: December 17, 2022, 01:13:33 PM »

Dan from AF pops up here occasionally. Why not message him directly and ask him?
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Supercal2007

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Re: Insurance Renewal
« Reply #3 on: December 17, 2022, 03:18:14 PM »

In reply to the initial question.
They don't know what day of the week it is. Who ever is pulling the strings at that company has instructed the staff to give the customers a financial shafting at any opportunity. Goodbye indeed!
The above is all my personal opinion from past experiences.
 Calum.
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Wittsend

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Re: Insurance Renewal
« Reply #4 on: December 17, 2022, 03:37:05 PM »

Isn't there a law/regulation in place now that insurance companies can not offer a renewal price different to what they offer a new customer ???
If there isn't then we should demand that our MPs make it so (OK wishful thinking)  :shakeinghead

This "shopping around" every year for the best deal is a total nonsense and waste of everyone's time. They just need to treat existing customers fairly - show a little loyalty ???
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jeffersj

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Re: Insurance Renewal
« Reply #5 on: December 17, 2022, 03:46:11 PM »

Agrre to all, I did mention that change in the law to offer the same rate as new customers but it made no difference.  Quite happy with Footman James! :first
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Alan Drover

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Re: Insurance Renewal
« Reply #6 on: December 17, 2022, 04:58:56 PM »

Peter Best. £133.70 includes agreed valuation, legal cover and broker fee. It's for a 1975: Series 3 SWB hardtop with a 2.5 petrol engine, agreed valuation £6,000. I'm happy with it.
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Smokey 11a

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Re: Insurance Renewal
« Reply #7 on: December 17, 2022, 05:27:15 PM »

Just renewed with Heritage £406 for all 3, a 110, 109 and an 88. with all the usual extras
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Alan Drover

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Re: Insurance Renewal
« Reply #8 on: December 17, 2022, 06:02:44 PM »

I got a quote from Adrian Flux a few years ago and it was ridiculously expensive.
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Alan Drover

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Re: Insurance Renewal
« Reply #9 on: December 17, 2022, 06:26:21 PM »

Peter Best. £133.70 includes agreed valuation, legal cover and broker fee. It's for a 1975: Series 3 SWB hardtop with a 2.5 petrol engine, agreed valuation £6,000. I'm happy with it.
Forgot to mention breakdown service included.
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DAN@ADRIAN FLUX

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Re: Insurance Renewal
« Reply #10 on: December 20, 2022, 07:55:28 PM »

Hi.
I'm sorry to here about the issues you've had with your renewal this year.
I'd appreciate it if you could message me your details so I can check your file to see why your renewal was so much higher than last year.
Regards,
Dan.
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w3526602

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Re: Insurance Renewal
« Reply #11 on: December 21, 2022, 03:25:37 AM »

Hi,

I recently read a novel by Dick Francis (always a ripping yarn), but I can't remember the title, where the hero had the job of plucking insurance premiums for race horses out of thin air .... his loss if he got it wrong.

Memory says this story had something to do with the stud value of a particular stallion, so the item being insured was a stallions "fecundity/potency" ... in this case the stallion appeared to be a "Wally".  Was the Vendor aware?

Somebody else here must have read this book, so able to comment on my understanding.

(I will be sending a PM to Wittsend, with a further comment)

602

602
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PetrolFour

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Re: Insurance Renewal
« Reply #12 on: December 21, 2022, 10:13:11 AM »

I don't see the problem. This is business we speak of. It's allowed to charge what it likes, and you're allowed NOT to pay it. Tell them to go whistle or pay it.

Same as you're allowed to resign from your job / charge your customer more. My offer of £50 for your S2 stands, and you're entitled to tell yours truly where to get off, or take it. Equally, you can ask £250,000. Er, and?...

You might not like it, and fair enough. They've done their numbers and know that the majority are too idle to move at renewal, thus will simply pay it. They offered you the lowest rate at proposal to grab the gravy 2-3 year on. Now it's gravy time. Good for them.

And in the same way, as you became more useful to your customer or employer, you got a pay/price increase. Good for you. Did you turn it down? Did you hell.

OP got it for £129. He walked. Good. See... it works.


Why do we feel an entitlement. Where's the problem?
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paulv

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Re: Insurance Renewal
« Reply #13 on: December 21, 2022, 11:18:23 AM »

In reply to the initial question.
They don't know what day of the week it is. Who ever is pulling the strings at that company has instructed the staff to give the customers a financial shafting at any opportunity. Goodbye indeed!
The above is all my personal opinion from past experiences.
 Calum.

You are not alone, it's my opinion also. After past experiences at Adrian Flux I don't even both to contact them for a quote.
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PetrolFour

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Re: Insurance Renewal
« Reply #14 on: December 21, 2022, 11:37:26 AM »

Then we agree. They DO know what day of the week it is.  And so DO we.

There is no problem with this. We get the lowest price if that is what we want.

Business in general, and the insurance market in particular has always worked like this. More so since the comparison sites entered the scene.

We want the lowest price, thus insurers hook us in, and charge down the line - feeding on the ambivalence / prevarication and procrastination of the majority.
Buyers pretend to have  loyalty, yet the minute   an offer better serves self-interest, it's taken.

Don't say it isn't.
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