Insurance Quotes, why do they vary so much ???

[BigDave]

With me having a few cars I am often ringing about to get best deals on insurance and so to date I reckon I do ok price wise. But every car is with a different company as they vary so much in price depending on the model.

As an example the Integrale is due for renewal next week and my current company HIC want £259 fully comp. But for my recent Pug cover they were over one hundered pounds more expensive than Firebond who insure my 205. So I rang Firebond for a quote on the Integrale and they came back with around £600. Thats more than double my renewal quote from a comapny that were £150 cheaper on a seperate car.

How does it all work then? I thought these people were basically brokers and they all get in touch with the same insurance companies??

Now today I have been ringing around for a quote on a Cerbera (Just for interest you understand ) and HIC wont even quote on it? But their sister company Adrian Flux would do me a quote for £489 through a company that HIC deal with anyway. As extra note I have my Golf insured with Adrian Flux as they were cheaper than HIC, who are basically the same company???

I have now just rang Classic Line for an exact same quote and cover policy on the Cerbera and they quoted me £381. Over 100 cheaper again.

Is anyone in the insurance game that can shed some light on how it all works?

Also goes to show that it pays off to ring about!!

Cheers all

Dave...

[Dan]

i think they all go to the same places, but then mark the price up by however much they feel like... b@stards *shakes fist* not that im bitter or anything

[BigDave]

Yeah, I thought the same. But they must loose buisness over it as surely everybody must ring around for price comparrisons?

Never mind, I am happy with the new TVR quote and going to look at one at the weekend as a result. Their loss not mine.

Cheers
Dave...

[Pitstop]

Yeah, I thought the same. But they must loose buisness over it as surely everybody must ring around for price comparrisons?

.

You'd be surprised at how many people don't!

A gripe of mine is that I usually insure with Direct Line for my main car. Every fucking year when the renewal comes in, it's about £75 cheaper to take out a 'new' policy with them compared to just renewing the previous years policy. That's how a lot of them get by, by giving you such a cheap quote in the first place that you don't bother checking anywhere else when renewal comes up. I keep hearing stories every year that insurance has gone up but I have found that its gets cheaper every year because of the competition. Ring around!

[BigDave]

Yeah me to, I was paying more years ago than I am now. Even without the age factor thrown in. Plus people are more wise now and shop online etc.

I am awaiting a few online quotes but reckon £381 will be hard to beat for full comp on a Cerbera. Unless anyone knows better??

Cheers

[Si_Steve]

im 755 on a 1.25 fiesta, that pretty bad aint it, oh and thats with HIC

[Dan]

with so many cars dave, wouldnt it be cheaper to get a multi car policy? i was on my dads motor trade thing, after closing the garage, he kept it on for a few years (as its still trading), it was quite expencive although for 5 people and about 15 vehicles it worked out ok... since then i know he changed it to a non motortrade policy, but its still covers multiple vehicles... and knowing my dad it would definatly be cheaper than individual policies

[BigDave]

I did try a few of them but they struggle when it comes to "classic" vehicles. The price was not too bad but then for the Escorts they ran a mile. I am actually better off with single policies and shopping about.