Making A while the sun shines

Today I received my insurance renewal quote from the AA. Apparently my current insurer wants £295 to renew but the AA has found someone cheaper at £233. How kind of them. I will renew without delay. However, I checked last year's premium, it was £190 so decided to actually read the rest of the documentation and saw that the car's value had shot up from £3,500 to £17,000. I also looked at comparison websites and then rang the AA. They amended the valuation and, low and behold, the renewal premium is now £161, £72 less than their "improved" quote. I know times are hard, but they are for all of us. I felt this seemed rather underhand and, whilst, I am sure, most of your readers would not be caught, some might.

Asked on 9 January 2010 by M.W., Appleton

Answered by Honest John
That's what happens when Private Equity firms and Investment Banks take over everything, putting businessees into so much debt they have to pull stunts like this to pay them off. Read 'Who Really Runs Britain' by Robert Peston.
Tags: insurance
Similar questions
Is it okay for someone else to drive my car while I'm serving a disqualification, or is the insurance void as it's only insured for me to drive? Can someone with third party cover on their insurance policy...
What do I have to do to put my Cat S car back on the road?
If you drive another car but it has got no insurance, does yous insurance cover you to drive it?
 

Ask Honest John

Value my car

Save £75 on Warranty using code HJ75

with MotorEasy

Get a warranty quote

Save 10% on GAP Insurance

Use HJ10 to save on an ALA policy

See offer