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Rashers



Member Since: 21 Jun 2015
Location: Norfolk
Posts: 3375

United Kingdom 2014 Defender 110 Puma 2.2 USW Corris Grey
Good God. Some of those quotes are eye watering. If my next renewal is £7K I will be selling the truck.

I wonder how these insurance issues with the LR name are affecting residual prices? I realise RR Sports in the Greater London area are an issue, but this seems to be all models
Post #1036190 31st May 2024 5:00pm
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blackwolf



Member Since: 03 Nov 2009
Location: South West England
Posts: 16994

United Kingdom 2007 Defender 110 Puma 2.4 DCPU Stornoway Grey
I today received a letter telling me that the insurer of my S1 86" was "unable to offer renewal terms". Big Cry I hadn't expected the madness to affect S1s. The letter arrived today, the insurance expires on Monday, I was not impressed.

However after a hour on the phone my broker has managed to renew on identical terms albeit for a 25% increase in premium. Inexplicably this is actually with the same insurer who was unable to offer renewal terms!

It makes you wonder just what the hell is going on in the world of insurance!
Post #1036191 31st May 2024 5:27pm
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LR90XS2011



Member Since: 05 Apr 2011
Location: bickenhill
Posts: 3618

United Kingdom 2011 Defender 90 Puma 2.4 XS CSW Galway Green
A Plan (Howden) renewal just came through for me still less than £600 with mods declared.

So I am happy enough, in fact Howdens now have my daily and caravan as well although different branches for each! DEFENDER 90 TDCI XS,

I hope everyone is well and your land rovers make you happy
Post #1036192 31st May 2024 5:48pm
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Rashers



Member Since: 21 Jun 2015
Location: Norfolk
Posts: 3375

United Kingdom 2014 Defender 110 Puma 2.2 USW Corris Grey
blackwolf wrote:
I today received a letter telling me that the insurer of my S1 86" was "unable to offer renewal terms". Big Cry I hadn't expected the madness to affect S1s. The letter arrived today, the insurance expires on Monday, I was not impressed.

However after a hour on the phone my broker has managed to renew on identical terms albeit for a 25% increase in premium. Inexplicably this is actually with the same insurer who was unable to offer renewal terms!

It makes you wonder just what the hell is going on in the world of insurance!


Agree! What is going on.

If these insurance companies spent less on trying to get new business, and just kept their current customers happy, don’t you think it would make more sense.

Most businesses find working for repeat customers, or having a core base of customers is so much easier than trying to find new work all day every day - unless you are an insurance company where you seem to go out of your way to alienate your existing customers. A mad business model.
Post #1036195 31st May 2024 5:57pm
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