From the archives. This was originally posted on the 28th July 2011. The situation hasn't improved much since then.
What follows is a rant, aimed at UK car insurers – expressing my disgust, anger and thought process that concludes with the words “Scamming bastards”.
I'm still a relatively young driver, own a car popularised by hooligans, and generally tick the boxes that rake in the money for insurers. But when you get a renewal quote through, which is more expensive than your first year’s policy on a provisional licence, as a student – eyebrows raise.
It gets better when you start getting quotes from other companies. One wanted to charge me just over the total value of the car, another wanted less than half my renewal quote. It’s like these people just pull arbitrary numbers out of their money shitting arseholes.
I have my no claims bonus, drive sensibly, look after the car and have a regular income. Why then, is it such a problem to offer me a decent premium based on me – not the drivers causing accidents and fraudulently claiming? Look at it this way insurers: chances are, my policy will never need to pay out. It’s pure profit for you.
Needless to say, I went with the most sensible quote, got windscreen cover, legal protection and Business Class 1 included for next to nothing. I'm quite happy with the Nationwide right now. I can’t say that for the likes of Quinn Direct and others who are charging extortionate prices, not even attempting to be competitive.