20-10-17, 10:47 AM
Also my 3rd year with Bennets after Carole Nash started taking the piss.
After getting my home insurance renewal through a couple of months ago I rang them up and told them I wasn`t happy with it going up and they " had another look" and then gave me a price £7 less than last year!
Both cars are insured through Axa, same again, not happy with renewal, rang them up and asked what they were willing do to keep my business ( been with them for 6 years with no claims ), wifes Fiesta was reduced by £28 and my Focus went up £8 on last years price.
My son has an 19 year old Subaru Impreza 2 litre turbo about 200bhp, currently paying just less than £600, he is looking to buy a newer modified one with a 2.5 litre engine running about 300bhp, his current insurer has quoted this at £567.
How do insurance companies work out their prices as there does not seem any logic in it at all?