ady2k5 Posted September 25, 2008 Share Posted September 25, 2008 Hello allI was just speaking to my insurance company yesterday and asking her what my renewal price is going to be. I was surprised by the renewal as it has only gone down by £3 in comparison to last year. I asked her why such a small decrease and she said that is a good price as any companies who insure japanese imported cars are toughning up for next year with prices going through the roof. I asked her what kinda increase would this mean and she said you'll be paying double what you are now Has anybody else heard anything similar or know or any other news?Thanks Quote Link to post Share on other sites
SiCaln Posted September 25, 2008 Share Posted September 25, 2008 not a peep no, did she say why? Quote Link to post Share on other sites
SpeedFreak Posted September 25, 2008 Share Posted September 25, 2008 Its most probably bull to be honest. She is just scaring you into staying with them although they gave you such a crappy price. Insurance may go up because of all this credit crunch but I doubt very much it is just on Jap Imports. Quote Link to post Share on other sites
StarletRick Posted September 25, 2008 Share Posted September 25, 2008 tbh, one person in a call centre is probably not qualified enough to make comments on how the insurance markets will change. Quote Link to post Share on other sites
Mikey Jay Posted September 25, 2008 Share Posted September 25, 2008 Not import related, but insurance market price going up related etc, got a quote a month ago for when my insurance need renewing next month, got quoted £720Had to refresh the quote so it's actually valid for the date I want, and it's gone up to £755 Quote Link to post Share on other sites
ady2k5 Posted September 25, 2008 Author Share Posted September 25, 2008 She said that they are toughning up on cars coming into the UK from Japan but didn't say why. She seems to know her stuff as she knew the bhp on standard japanese import cars and wasn't confused when i gave her a list of modifications on a car i was interested in buying. Quote Link to post Share on other sites
SooperD Posted September 25, 2008 Share Posted September 25, 2008 Give Lifesure a ring.. They quoted me half what anyone else quoted.. Quote Link to post Share on other sites
Glanza-Love Posted September 25, 2008 Share Posted September 25, 2008 lol so my insurance next year will be 5K .. extremely and highly doubt that will be the case lolz and if it is the car is getting SOLD Quote Link to post Share on other sites
StarletRick Posted September 25, 2008 Share Posted September 25, 2008 She said that they are toughning up on cars coming into the UK from Japan but didn't say why. She seems to know her stuff as she knew the bhp on standard japanese import cars and wasn't confused when i gave her a list of modifications on a car i was interested in buying.knowing statistics about cars and mods, and knowing about how the current insurance markets are changing are 2 different things. the worldwide insurance market at the moment is soft across all classes. some are seeing rate reductions by about 20%. this AIG thing has caused a temporary hardening, but itll go back soon enough. the only reason why car insurance is still staying up is due to LOADS of fraudulent claims. starlet insurance will go up, because every chav and their dog is buying them, and crashing them. but stuff that chavs cant get their hands on will stay fairly consistant. there will always be someone there to cut the rates if they get to high and start another cycle in the market, its just how things work. Quote Link to post Share on other sites
ady2k5 Posted September 25, 2008 Author Share Posted September 25, 2008 Give Lifesure a ring.. They quoted me half what anyone else quoted.. hi matedo you have a number for them or website addressthanks Quote Link to post Share on other sites
SpeedFreak Posted September 25, 2008 Share Posted September 25, 2008 knowing statistics about cars and mods, and knowing about how the current insurance markets are changing are 2 different things. the worldwide insurance market at the moment is soft across all classes. some are seeing rate reductions by about 20%. this AIG thing has caused a temporary hardening, but itll go back soon enough. the only reason why car insurance is still staying up is due to LOADS of fraudulent claims. starlet insurance will go up, because every chav and their dog is buying them, and crashing them. but stuff that chavs cant get their hands on will stay fairly consistant. there will always be someone there to cut the rates if they get to high and start another cycle in the market, its just how things work.As above really!This kind of thing can happen all the time. Just like this credit crunch, everyone's saying the price is milk is huge amount now! But all the supermarkets are in competition with each other and keep reducing prices to compete. Its all swings and roundabouts.Plus I couldnt see imports being closed in on, simply because they make so much money for people. Insurance companies get more for Jap Imports/Car Sales places make loads of out imports. Everyone's winz!I shouldnt worry too much about it all. Quote Link to post Share on other sites
Sparky Posted September 25, 2008 Share Posted September 25, 2008 What a load of crap have you tried other companies mate? Thats a crap renewal Quote Link to post Share on other sites
minxy Posted September 29, 2008 Share Posted September 29, 2008 Have you tried Sky Insurance a few people i know have recommended them to me and think you canbget a 20% discount on here?! Quote Link to post Share on other sites
SpeedFreak Posted September 29, 2008 Share Posted September 29, 2008 My bf's Evo III was £850 last year fully comp with mods declared through Adrian Flux, they have just quoted him a renewal of £750. (This is crap)I went on Performancedirect and they quoted £500! Quote Link to post Share on other sites
Guest skyinsurance Posted September 29, 2008 Share Posted September 29, 2008 Insurance prices are generally going up.. but your woman is talking nonsense!! Quote Link to post Share on other sites
scutch0 Posted September 29, 2008 Share Posted September 29, 2008 Give Lifesure a ring.. They quoted me half what anyone else quoted.. indeed, thats who im with... but in saying that, my insurance only went down about 10-15 quid over last year... so maybe there is truth? Quote Link to post Share on other sites
SpeedFreak Posted September 29, 2008 Share Posted September 29, 2008 Im starting to think the same thing. Especially if you haven't made any difference in the policy. Quote Link to post Share on other sites
Si@Fiske Posted September 30, 2008 Share Posted September 30, 2008 sounds like bull..moneysupermarket.com FTW lol Quote Link to post Share on other sites
SpeedFreak Posted September 30, 2008 Share Posted September 30, 2008 moneysupermarket were shit I found.I got a quote for £1600 with them, yet through the insurance company direct I got it for £500! And yes everything was exactly the same on the policy! Quote Link to post Share on other sites
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