One way to run down the insurance book.11 Sep 2023 10:50
From yesterday's Mail on Sunday:-
A £2,215 car renewal costs the biscuit
Saga wins the award for the most outrageous insurance premium I’ve seen so far this year. It was received by Janet Clark, a 64-year-old administrator from Woodford Green in Essex.
Last month she received the renewal premium for her Mercedes B200, a car that she drives no more than 5,000 kilometers per year. She also hasn’t filed a motorcycle claim in at least 20 years.
Last year the premium was £371.04. This year it was £2,215.03 per year, fixed for the next three years.
Covered: Saga wins the award for most excessive insurance premium so far this year
Covered: Saga wins the award for most excessive insurance premium so far this year
Renewing your policy, Saga said in Janet’s renewal announcement, “means another three years of hassle-free insurance.”
“I thought there was a typo in the renewal price,” Janet told me last week while spending a few days at a Spanish boot camp with colleagues from her local gym. “I doubted the quote twice, but it was correct.”
Although Saga offered her a £40 loyalty discount, she looked elsewhere and was offered cover from Aviva for £756.96 (one year only, not fixed for three years).
She tried a tactic her husband had used successfully at Saga earlier this year and asked the insurer if it matched Aviva’s quote. It didn’t work, so she went with Aviva.
“I accept that I have had an exceptional deal with Saga over the past three years,” Janet said. ‘But £2,215 is the biscuit.’
Did your insurer take the cookie? Email me at jeff.prestridge@mailonsunday.co.uk.