Banjo Hangout Logo
Banjo Hangout Logo

Premier Sponsors

470
Banjo Lovers Online


Sep 27, 2021 - 6:44:25 AM
like this
3905 posts since 4/22/2018

In the UK, if you drive a pickup truck, you tend to have to insure it as a commercial vehicle rather than a domestic vehicle, irrespective of whether it is purely the family car or not. So, this means that the pool of insurance companies you can use is smaller than for normal cars. My current insurer is stopping providing commercial cover so has handed over renewals to another firm. I've just had my renewal quote through from the new firm at £560 for the year - no need to do anything, it'll just start automatically etc. I thought it was steep (no accidents/low mileage/old fart) so I put my details into a comparison site. It came back with 36 quotes, most of them under the £560 I've been offered, and guess what, the very lowest quote at £215 is with the same bloody firm offering me £560. You can't make it up!

Sep 27, 2021 - 6:55:10 AM
likes this

figmo59

USA

34361 posts since 3/5/2008

Be carefull about bragging about not having accidents......


I made that statement....
Only to have me rates ..Go Up......

They justified it by ..saying....

Statiscicly you are overdue fer a claim....


Hence the lying ...by statistics...thread....

Sep 27, 2021 - 8:05:56 AM

Texasbanjo (Moderator)

USA

26413 posts since 8/3/2003

quote:
Originally posted by Wet Spaniel

In the UK, if you drive a pickup truck, you tend to have to insure it as a commercial vehicle rather than a domestic vehicle, irrespective of whether it is purely the family car or not. So, this means that the pool of insurance companies you can use is smaller than for normal cars. My current insurer is stopping providing commercial cover so has handed over renewals to another firm. I've just had my renewal quote through from the new firm at £560 for the year - no need to do anything, it'll just start automatically etc. I thought it was steep (no accidents/low mileage/old fart) so I put my details into a comparison site. It came back with 36 quotes, most of them under the £560 I've been offered, and guess what, the very lowest quote at £215 is with the same bloody firm offering me £560. You can't make it up!


I found something similar last year when it was time to renew my auto insurance.  Just a basic CR-V, not a pickup, but I found quotes from $700 plus for 6 months to $300 plus for 6 months.  Go figure.  Same exact coverage so why such a difference in price? 

Anyone have an answer to that question?

Sep 27, 2021 - 8:22:51 AM

58286 posts since 12/14/2005

quote:
Originally posted by Wet Spaniel

In the UK, if you drive a pickup truck, you tend to have to insure it as a commercial vehicle rather than a domestic vehicle, irrespective of whether it is purely the family car or not. So, this means that the pool of insurance companies you can use is smaller than for normal cars. My current insurer is stopping providing commercial cover so has handed over renewals to another firm. I've just had my renewal quote through from the new firm at £560 for the year - no need to do anything, it'll just start automatically etc. I thought it was steep (no accidents/low mileage/old fart) so I put my details into a comparison site. It came back with 36 quotes, most of them under the £560 I've been offered, and guess what, the very lowest quote at £215 is with the same bloody firm offering me £560. You can't make it up!


"How in Heaven could we POSSIBLY think up anything stranger than THAT???"

-Angela Angel and Chubby Chucky Cherub-

"Beats the HELL outa me!"

-Smiley-

Edited by - mike gregory on 09/27/2021 08:26:38

Sep 27, 2021 - 8:31:54 AM
Players Union Member

rinemb

USA

13949 posts since 5/24/2005

I have been with my guy and Agency for 40 years, now. When we had teenagers driving, he was very good to us, and kept them behind the wheel. And, his staff has been very helpful as well.
So, auto insurance, is one that I have just not shopped. But will likely do some shopping when he pulls his sign down.
That said, I shop the other insurance coverage where I can-which is limited.
I have home owner insurance-I can't even shop because it is a house over 100 years old , wood sided, and active knob&tube to the hanging light fixtures in every room.
Then I have to buy General Liability and Work Comp. to do what I do argghhh...but may pass sooner than later.
Good luck with your shopping.
Brad

Sep 27, 2021 - 8:32:17 AM
likes this

ChunoTheDog

Canada

1037 posts since 8/9/2019

quote:
Originally posted by Wet Spaniel

In the UK, if you drive a pickup truck, you tend to have to insure it as a commercial vehicle rather than a domestic vehicle, irrespective of whether it is purely the family car or not. So, this means that the pool of insurance companies you can use is smaller than for normal cars. My current insurer is stopping providing commercial cover so has handed over renewals to another firm. I've just had my renewal quote through from the new firm at £560 for the year - no need to do anything, it'll just start automatically etc. I thought it was steep (no accidents/low mileage/old fart) so I put my details into a comparison site. It came back with 36 quotes, most of them under the £560 I've been offered, and guess what, the very lowest quote at £215 is with the same bloody firm offering me £560. You can't make it up!


If the pickup isnt registered to a business nor is it a heavy class of vehicle, how can they insure it as a commercial vehicle??

Is this some sort of way of making truck drivers pay more in hopes all will buy a Prius instead?

Sep 27, 2021 - 8:37:46 AM
like this

12499 posts since 1/15/2005

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.

Sep 27, 2021 - 8:42:16 AM
Players Union Member

rinemb

USA

13949 posts since 5/24/2005

quote:
Originally posted by BanjoLink

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.


You deserve it, for sure.  Thank you, for your service.  Brad

Sep 27, 2021 - 8:42:47 AM

3905 posts since 4/22/2018

quote:
Originally posted by ChunoTheDog

If the pickup isnt registered to a business nor is it a heavy class of vehicle, how can they insure it as a commercial vehicle??

Is this some sort of way of making truck drivers pay more in hopes all will buy a Prius instead?


Antoine, it's something to do with how they are classified for taxation purposes, they are classed as a light commercial vehicle - i think the classifications were produced some 30 years ago and are very out of date based on the fact more and more people use them as family cars now.

Sep 27, 2021 - 9:05:03 AM

ChunoTheDog

Canada

1037 posts since 8/9/2019

quote:
Originally posted by Wet Spaniel
quote:
Originally posted by ChunoTheDog

If the pickup isnt registered to a business nor is it a heavy class of vehicle, how can they insure it as a commercial vehicle??

Is this some sort of way of making truck drivers pay more in hopes all will buy a Prius instead?


Antoine, it's something to do with how they are classified for taxation purposes, they are classed as a light commercial vehicle - i think the classifications were produced some 30 years ago and are very out of date based on the fact more and more people use them as family cars now.


Soon no private citizen will be able to afford gas for a car over 4 cylinders anyway so I guess they're ahead of the curve in a way!

Sep 27, 2021 - 9:09:51 AM

12499 posts since 1/15/2005

quote:
Originally posted by rinemb
quote:
Originally posted by BanjoLink

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.


You deserve it, for sure.  Thank you, for your service.  Brad


Thanks Brad!  USAA was originally only open to military officers and their families, but has expanded to all service men and women and their families.  They have a "Subscribers Savings Account" where they put money each year in your account that is required for them to keep in reserve and your refund comes from the excess money in your SSA that they are not required to keep.  I think my SSA is not well over 10k which I would receive if I ever cancelled my insurance with them.

Sep 27, 2021 - 9:19:13 AM
like this

YellowSkyBlueSun

Virgin Islands (U.S.)

417 posts since 5/11/2021

If you ever have to actually make a claim, then you'll understand why some insurance companies are more expensive than others for the same coverage limits.

Sep 27, 2021 - 10:12:19 AM
like this

slammer

USA

3338 posts since 12/30/2008

Have you tried contacting “Jake, from State Farm” ??? LOL
A while back I called my insurance guy to have him check on lower auto rates for us. He called back a bit later and said he could get us a deal on auto and home with a different well known company and save us about $600.00 per year. I thanked him very much for the info and politely fired his ass , as he should have been doing this for me a long time ago. As long as the check cleared and he got his commission, he didn’t have to go above and beyond. Not to mention I have a big mouth and he lost a few other longtime customers !!! Sad part was, he was a pretty good egg !!! Here in Michigan, we are a no-fault state for auto insurance and advisable to get quotes every year. Don’t trust your insurance person is doing their best for you!!!
Slammer!!!

Sep 27, 2021 - 10:15 AM

3825 posts since 4/29/2012
Online Now

I look for the best online quote and then ask my usual broker if he can beat it. The answer is usually "yes".

Sep 27, 2021 - 12:03:29 PM
likes this

1314 posts since 9/6/2019

quote:
Originally posted by BanjoLink
quote:
Originally posted by rinemb
quote:
Originally posted by BanjoLink

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.


You deserve it, for sure.  Thank you, for your service.  Brad


Thanks Brad!  USAA was originally only open to military officers and their families, but has expanded to all service men and women and their families.  They have a "Subscribers Savings Account" where they put money each year in your account that is required for them to keep in reserve and your refund comes from the excess money in your SSA that they are not required to keep.  I think my SSA is not well over 10k which I would receive if I ever cancelled my insurance with them.


I jumped into USAA when they opened membership up to us lowly enlisted folks many moons ago. Been with them ever since and couldn't be happier. The few claims I have had to make were handled so quick the body shop was ordering parts before I even knew I had an appointment.

Sep 27, 2021 - 12:23:30 PM

12499 posts since 1/15/2005

quote:
Originally posted by Banjonewguy
quote:
Originally posted by BanjoLink
quote:
Originally posted by rinemb
quote:
Originally posted by BanjoLink

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.


You deserve it, for sure.  Thank you, for your service.  Brad


Thanks Brad!  USAA was originally only open to military officers and their families, but has expanded to all service men and women and their families.  They have a "Subscribers Savings Account" where they put money each year in your account that is required for them to keep in reserve and your refund comes from the excess money in your SSA that they are not required to keep.  I think my SSA is not well over 10k which I would receive if I ever cancelled my insurance with them.


I jumped into USAA when they opened membership up to us lowly enlisted folks many moons ago. Been with them ever since and couldn't be happier. The few claims I have had to make were handled so quick the body shop was ordering parts before I even knew I had an appointment.


My experience too.  I think they opened it up to "lowly enlisted folks" when they realized that us officers were at least as irresponsible as our troops!smiley

Sep 27, 2021 - 1:06:04 PM
likes this

Bill Rogers (Moderator)

USA

25242 posts since 6/25/2005

My agent made a point when I asked about a lower rate. He said he could find one but that my current carrier tended to pay claims quickly, fairly, and w/o fuss. I stayed. I also carry a $1m umbrella policy in case of something really serious. The way things are I may go to 2m next year.

Sep 28, 2021 - 12:23:30 AM
likes this

phb

Germany

2983 posts since 11/8/2010

quote:
Originally posted by Texasbanjo
quote:
Originally posted by Wet Spaniel

In the UK, if you drive a pickup truck, you tend to have to insure it as a commercial vehicle rather than a domestic vehicle, irrespective of whether it is purely the family car or not. So, this means that the pool of insurance companies you can use is smaller than for normal cars. My current insurer is stopping providing commercial cover so has handed over renewals to another firm. I've just had my renewal quote through from the new firm at £560 for the year - no need to do anything, it'll just start automatically etc. I thought it was steep (no accidents/low mileage/old fart) so I put my details into a comparison site. It came back with 36 quotes, most of them under the £560 I've been offered, and guess what, the very lowest quote at £215 is with the same bloody firm offering me £560. You can't make it up!


I found something similar last year when it was time to renew my auto insurance.  Just a basic CR-V, not a pickup, but I found quotes from $700 plus for 6 months to $300 plus for 6 months.  Go figure.  Same exact coverage so why such a difference in price? 

Anyone have an answer to that question?


Yes, yes, me! I know the answer: because they make more money that way! :o) 

Sep 28, 2021 - 12:57:02 AM

3905 posts since 4/22/2018

quote:
Originally posted by YellowSkyBlueSun

If you ever have to actually make a claim, then you'll understand why some insurance companies are more expensive than others for the same coverage limits.


I get that, and won't scrimp for decent cover.  What I don't get in this instance is how the two prices are from the same company, for the exactly the same cover, however the one price to an 'existing customer' of 7 years is over twice as much in cost as when I approached them as a new customer.

Sep 28, 2021 - 5:59:01 AM
likes this

1314 posts since 9/6/2019

quote:
Originally posted by BanjoLink
quote:
Originally posted by Banjonewguy
quote:
Originally posted by BanjoLink
quote:
Originally posted by rinemb
quote:
Originally posted by BanjoLink

I've been with USAA since 1969 when I was in the Marine Corps ..... great company. Twice a year we get money back. The amount depends on how the company did in the way of claims and other pay-outs. My home insurance is also included, but have gotten back as much as $1500 for the year.


You deserve it, for sure.  Thank you, for your service.  Brad


Thanks Brad!  USAA was originally only open to military officers and their families, but has expanded to all service men and women and their families.  They have a "Subscribers Savings Account" where they put money each year in your account that is required for them to keep in reserve and your refund comes from the excess money in your SSA that they are not required to keep.  I think my SSA is not well over 10k which I would receive if I ever cancelled my insurance with them.


I jumped into USAA when they opened membership up to us lowly enlisted folks many moons ago. Been with them ever since and couldn't be happier. The few claims I have had to make were handled so quick the body shop was ordering parts before I even knew I had an appointment.


My experience too.  I think they opened it up to "lowly enlisted folks" when they realized that us officers were at least as irresponsible as our troops!smiley


I remember one time I went to talk to that Gecko and they told me, even though they were supposed to be for all government employees, that they wouldn't insure me because I wasn't an E-5. I was an E-3 with a TS clearance and never had any issues but they wouldn't even sign me up even for more money. I made up my mind then and there that I would walk if it ever came down to them being the only insurance company I could go with.

Hangout Network Help

View All Topics  |  View Categories

0.2177734