Hi,
Just received my motor insurance renewal (Zurich/Eagle Star) and was quite surprised to see it has increased by 30%. I only have 1 yrs no claims (this was my first policy in my own name as I was previously on a company policy for about 8 yrs with one accident 1.5 years ago (settled at about €1100). It seems strange that I am now 1 year with my insurers with no claims thus in a better position than when I took out the policy, the value of my car has decreased yet I receive a 30% increase. Has anyone had a similar experience and if so how have you dealt with it. I've done a few quick online searches and it seems like Eagle star are the cheapest so I can't just tell them to stick it but I would be interested to hear people's thoughts before I ring them and ask them to explain the rationale behind the increase. Has anyone had success in getting their premium reduced?
Thanks,
Jack
Just received my motor insurance renewal (Zurich/Eagle Star) and was quite surprised to see it has increased by 30%. I only have 1 yrs no claims (this was my first policy in my own name as I was previously on a company policy for about 8 yrs with one accident 1.5 years ago (settled at about €1100). It seems strange that I am now 1 year with my insurers with no claims thus in a better position than when I took out the policy, the value of my car has decreased yet I receive a 30% increase. Has anyone had a similar experience and if so how have you dealt with it. I've done a few quick online searches and it seems like Eagle star are the cheapest so I can't just tell them to stick it but I would be interested to hear people's thoughts before I ring them and ask them to explain the rationale behind the increase. Has anyone had success in getting their premium reduced?
Thanks,
Jack