Insurance renewal

[ProfJohnL]

If you are using a someone else to tow your caravan, don't assume their insurance will cover damage to your caravan whilst in transit. Check the T&C's of their towing service to find out and if necessary ask. It's unfortunately quite common for services like this to not cover the the trailer or its content and they expect the customer to have their own insurance against loos or damage. It much the same as car parks and caravan storage sites where they expressly exclude loss or damages to customer property.

 

[Buckman]

Yesterday got the renewal for Corolla and it went up by £2.00! I then used a comparison site and RAC Online offered the same cover at £20 less and also with an excess £150 lower. Guess which one I chose?

 

[Dustydog]

Yesterday got the renewal for Corolla and it went up by £2.00! I then used a comparison site and RAC Online offered the same cover at £20 less and also with an excess £150 lower. Guess which one I chose?

Loyalty ruled the day🤣

 

[Beachball]

BTW I don't have a tow-bar fitted, I'll be hiring some firm to transport the caravan.

The firm will have insurance but when we were seasonal we had to insure the caravan and contents the owner insisted you had insurance .

 

[otherclive]

Our car renewal documents have arrived from LV. Last years was £724 on a combined policy. This years is £777. So not too bad except now our 2017 Rio costs almost as much the 2021 Xceed. So grandson who got rid of his Tesla to ease his finances might be asked for a £185 contribution on account of him being on the Rio policy. Our plans to go to one car understandably put on hold…….

 

[otherclive]

Having trawled through three comparison sites and direct quotes from Tesco and Saga too I've decide to stay with LV as they still hold N0 2 in WHICH comparison of 25 companies. and where competitive for our needs. NFU at No1 were out of this world.

In comparison Tesco, who someone on the Forum recently obtained good price from, quoted £478 for the Xcedd with joint drivers, compared to £396 from LV.

That's it now, life's too short, so kick the ball to touch until October 2025.

 

[Hutch]

Without looking, I stayed with LV, told them circumstances had changed, and the car is now on the driveway, ( two mobility Chariots an a motorbike in the garage, just room for a bike and sidecar, )
The premium had risen by £8 , ISH then I got a 10% discount, so I was £30 lower.

It pays to talk to the human, and be nice, a lot are students ready to go to college or University.

 

[Buckman]

Without looking, I stayed with LV, told them circumstances had changed, and the car is now on the driveway, ( two mobility Chariots an a motorbike in the garage, just room for a bike and sidecar, )
The premium had risen by £8 , ISH then I got a 10% discount, so I was £30 lower.

It pays to talk to the human, and be nice, a lot are students ready to go to college or University.

I did speak with a human about my renewal and the lady got me so confused that I gave up. At present my wife has been the main driver, but I wanted myself as the main driver on her car which is registered in her name. I have been a named driver on the policy for the past 14 years.

OH has 24 years No Claims. I was told that as the main driver I would have zero No claims as the main driver on her car although on my car I have over 30 years. I was told that I could not use my No claims on her car as it cannot be transferred across even though the car is registered in her name. The lady then started batting the No claims scenario around and not giving me a chance go clarify so gave up. No issue with RAC Online and with me as main driver.

 

[AndrewAventura]

Can be a bit of confusion between policy holder, registered keeper and main driver. Not all necessarily the same person.

No claims bonus is built up by the policy holder. So if you and your wife each have a policy, then your NCD applies to your policy and her NCD applies to her policy. If you buy a third car, then whichever of you is named as the policy holder for it needs to start all over, accumulating NCD on the new policy. Likewise, if your wife gave up her policy and you still wanted to insure that car then it would become a second policy in your name, so you'd need to start all over earning NCD again.

Whilst insurers would generally expect the policy holder and the registered keeper to be the same person (for private cars) I think you're usually free to move around on who the main driver is, because that should just be a matter of fact depending on circumstances.

 

[Buckman]

Can be a bit of confusion between policy holder, registered keeper and main driver. Not all necessarily the same person.

No claims bonus is built up by the policy holder. So if you and your wife each have a policy, then your NCD applies to your policy and her NCD applies to her policy. If you buy a third car, then whichever of you is named as the policy holder for it needs to start all over, accumulating NCD on the new policy. Likewise, if your wife gave up her policy and you still wanted to insure that car then it would become a second policy in your name, so you'd need to start all over earning NCD again.

Whilst insurers would generally expect the policy holder and the registered keeper to be the same person (for private cars) I think you're usually free to move around on who the main driver is, because that should just be a matter of fact depending on circumstances.

Thanks for the informative post. We only have the two vehicles. OH's car does about 3000 miles a year going by MOT speedo reading. It is mainly used to go into town. The lady really got me confused by throwing several No claims scenarios at me at not giving the opportunity to ask questions.

RAC Online were not interested in my NC history, just the NC for the registered keeper. After getting two quotes with me as main driver and then OH as main driver, I decided to leave OH as main driver.

 

[otherclive]

I was just reading through my LV multi cover car insurance renewal documents and made a change wrt to my grandson driving my wife's Rio. He went from unemployed to employed and I have added commuting to his details. So I jokingly said to the insurance agent I might try adding my daughter too. "Give it a try" she said. So daughters details went in and with commuting included. The changes in sequence were £778 for initial renewal. Reduced to £711 after grandsons changes added, and then reduced to £701 when daughters details added.

It is a strange world out there when my grandson changes job, sends his Tesla back, then gets a new job declines a car, and then your multi car insurance goes down by so much.

 

[Hutch]

I was just reading through my LV multi cover car insurance renewal documents and made a change wrt to my grandson driving my wife's Rio. He went from unemployed to employed and I have added commuting to his details. So I jokingly said to the insurance agent I might try adding my daughter too. "Give it a try" she said. So daughters details went in and with commuting included. The changes in sequence were £778 for initial renewal. Reduced to £711 after grandsons changes added, and then reduced to £701 when daughters details added.

It is a strange world out there when my grandson changes job, sends his Tesla back, then gets a new job declines a car, and then your multi car insurance goes down by so much.

Yes totally unfathomable, my insurance went up by a few pounds when I put the car on the drive overnight as opposed to in the garage, then they gave me a 10 % discount.

 

[otherclive]

Yes totally unfathomable, my insurance went up by a few pounds when I put the car on the drive overnight as opposed to in the garage, then they gave me a 10 % discount.

I’m thinking of ringing them tomorrow to see what the effect would be of putting our daughter and grandson on my car’s insurance.

 

[Jcloughie]

I’m thinking of ringing them tomorrow to see what the effect would be of putting our daughter and grandson on my car’s insurance.

Putting my son on my policy many years ago led to a big decrease. So, I added my daughter as well for another decrease. Then she got a speeding fine! They did not like that. So I substituted my daughter in law.

None actually normally drive my car, but there have been a few occasions when my son has. And that has been useful to me.

John

 

[otherclive]

Putting my son on my policy many years ago led to a big decrease. So, I added my daughter as well for another decrease. Then she got a speeding fine! They did not like that. So I substituted my daughter in law.

None actually normally drive my car, but there have been a few occasions when my son has. And that has been useful to me.

John

That’s interesting as our daughter would not drive the manual car that I have named her to drive. She has a full licence but will not drive manual, and has not done since year dot. But our other car is automatic and if required she will drive that one. Being a community mental health nurse she’s driving most days, and although she has an NHS lease car, there is no provision for a hire or pool car if her lease car has a problem. So her service users just do not get seen. Having our auto as a fall back could be helpful to her.

Our grandson is a different case as since he changed jobs and has decided to go to a single car the Rio has been used for local travel, and a number of trips to Manchester and Birmingham, so I’ve had to increase it’s estimated mileage to 8000 miles.

How times have changed. Apart from insuring his Singer Gazelle for me and girlfriend (now wife) to go to Interlaken, my father then cancelled the insurance the day we arrived home. Back to push bikes, buses and Shankses for us until I could afford a motorbike.

 

[otherclive]

Just checked with LV about naming our daughter on the Kia Xceed auto and the total price went up by £10, so I have removed her from the manual Rio which took that cars quote down by £10, and so still have a price of £701 compared to last years £725 but with incurred mileage estimate and a named driver on each car too. Nice to have a downwards move in outgoing for a change.

 

[Buckman]

Got our renewal notice from Caravan Guard yesterday for a New for Old policy on a 7 year old caravan. Quote is under £600 so pleasantly surprised.

 

[Dustydog]

Got our renewal notice from Caravan Guard yesterday for a New for Old policy on a 7 year old caravan. Quote is under £600 so pleasantly surprised.

Is there any increase from last year?

 

[Buckman]

Is there any increase from last year?

Increase was about £40.

 

[Beachball]

Just checked with LV about naming our daughter on the Kia Xceed auto and the total price went up by £10, so I have removed her from the manual Rio which took that cars quote down by £10, and so still have a price of £701 compared to last years £725 but with incurred mileage estimate and a named driver on each car too. Nice to have a downwards move in outgoing for a change.

even £24 is a bonus in the present economic climate

 

[otherclive]

even £24 is a bonus in the present economic climate

Bang on. A penny saved is a penny earned, as the saying goes.

 

[Robert_374373903]

Three years ago with LV paid 600, following year £1100, this year £2200. Phoned them and it went down to £1860. Shopped around and much the same so tried Direct with all the same benifits as LV £1120, The age thing was the the reason with them all. One prang in seventy years !.