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Insurance quotes

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Insurance quotes

Just doing the annual shop-around for car quotes.
I have had two claims in the last two years both times my wife was the driver:
Using Compare the Market if I enter the claims under her name as named driver and her as the driver at the time of the claim I get quotes from over £400 upward but if I put the claims under my name but with SWMBO as the driver then the best quotes fall to under £320.
Obviously a no-brainer as in both circumstances the claim details are entered correctly. Just wondering why there should be such a large difference between the two methods of entering the same details.

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12 REPLIES
Community Veteran
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Re: Insurance quotes

all to do with how they calculate risk.
but don't be tempted to "massage" the details you enter just to get a better price.
1) it's fraud, and 2) should you need to make a claim and they find out, you'll not be covered.
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Re: Insurance quotes

Thanks, I didn't realise that Wink

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
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Re: Insurance quotes

Well, when I attempted to purchase the insurance from the ComparetheMarket link it was refused due to an 'error with previous claim info'.
Reverting to putting the claims under SWMBO's name gave no such error.
But in the end I went to the same company but through QuidCo and got a better quote (with claims under SWMBO's name) plus (hopefully) £35 cash back.

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
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Community Veteran
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Re: Insurance quotes

Insurance companies share information between each other so would be aware of any previous information you have supplied.
Moderator
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Re: Insurance quotes

Either way I had put down SWMBO as driving.
Strange thing is, a couple of weeks ago I entered the details for quote with a company that doesn't use CompareTheMarket. In this instance I put both claims down under my wife as named driver at fault but when the summary came up it should 4 fault claims. The same two I just entered seemed to be under my name but with SWMBO driving Roll eyes

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
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WTF
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Re: Insurance quotes

Quote from: artmo
Insurance companies share information between each other so would be aware of any previous information you have supplied.

Actually, a lot of the insurance comparison sites are either wholly or partially owned by insurance companies - e.g. Confused.com is owned by Admiral, GoCompare is part of eSure.  When a site is owned by an insurance company, you may find that it highlights quotes from it's own insurance brands.  Is it sharing data if it's the same company?  Coz some companies own quite a few:
Esure group owns GoCompare, Sheilas’ Wheels, First Alternative, Esure Broker and Sheilas’ Wheels Broker
Ageas Insurance owns Auto Direct, Castle Cover, Cover Direct, Done Deal, IAS, Kwik-Fit Insurance Services, Express Insurance Services and over 50s insurance specialists RIAS. It also owns a majority share of Tesco Underwriting, the Tesco car and home insurance offering, and is the insurer sitting behind John Lewis Motor and Virgin Money motor insurance
Markerstudy Group owns Markerstudy Insurance,  insurers Chaucer Motor, Zenith Insurance, Auto Windscreens, Lancaster Insurance Brokers, The Insurance Factory, Zenith Direct, Chaucer Direct, BDML Insurance, Sureterm Direct, The Policy Shop, Supercover, and Masterquote
Allen and Allen Group owns insurer Mulsanne Insurance, plus brands Broker King, Insure It All, Quote A Car, My Motor Quote, Insure Your Motor, 4 Young Drivers, Girl Motor, Hyperformance, and ESInsure
Saga owns the Gibralter-registered Acromas Insurance Company Limited and underwrites for brands including Saga Services Limited, AA Insurance Services Limited and AA Ireland Limited, and owns brands Direct Choice, Taylor Price and motorbike broker Bennetts.
(see https://www.adrianflux.co.uk/blog/2007/08/who-owns-your-insurer.html for a more complete list)
Community Veteran
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Registered: 12-08-2007

Re: Insurance quotes

A good ides is to use a number of different sites. Also worth checking out a local insurance broker as they can also do some good deals.
Community Veteran
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Re: Insurance quotes

I use A-Plan insurance brokers. They seem to ferret out good car insurance deals.
Now Zen, but a +Net residue.
Luzern
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Re: Insurance quotes

What get me are the weasel questions they ask, that no ordinary person could answer with confidence. Recently in the Telegraph was the tale of a man, who answered the question, if there was a river (could have said watercourse, something more obscure) within 400 metres. There was a flood,one in many decades. The insurer decided the river was with 400 metres, and refused to pay, though in the end they did under persuasion. Is a layman fairly expected to know such facts with exactness?
Worse still are the questions that ask things like, "Is there any other fact that you consider are significant, which should be notified to the insurer?" Mr X decides, "no", but later an event occurs, and they find he once had an ingrowing toenail Roll eyes. The insurer decides that because he lost an arm, that toenail was "significant".
I know I am exaggerating for fun,but I believe that other countries' insurers are not permitted to ask questions like thsoe above, or at least they are answerable to the best of the persons' seeking insurance knowledge. 
No one has to agree with my opinion, but in the time I have left a miracle would be nice.
Community Veteran
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Re: Insurance quotes

I think most people would know if there was a river within 400m of their home Undecided
Quote from: lucerne
I know I am exaggerating for fun,but I believe that other countries' insurers are not permitted to ask questions like thsoe above, or at least they are answerable to the best of the persons' seeking insurance knowledge. 

European insurers operate in the same way as UK ones.
Community Veteran
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Re: Insurance quotes

When insuring the holiday home I was asked how far away was the nearest watercourse. So I said 400 yards. "Oh, is there any history of flooding."  "No, the water level is 50 feet lower than the property. If it floods the building we'd need the Ark."
Now Zen, but a +Net residue.
Community Veteran
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Re: Insurance quotes

It's a well known fact that most insurance companies will do anything to get out of paying, I am not sure how accurate the article is in today's paper but it claims that modifications such as a new CD player or similar minor changes could render your insurance invalid if you fail to inform them.
If you do inform them might it result in a increase in your premium ? Smiley