Blogathon 17/15 – ensuring insurance

The insurance on the Daytona is up for renewal in early March.

I know this because I had a letter from my current insurer (MCE), giving me the usual friendly prod that insurers give you, when they want your repeat business.

Being slightly sceptical of insurers, I went online to one of those cost comparison websites, and put the usual information in to the webform.

The cheapest quote, offering me a like-for-like policy, was from Hastings Direct, at £106.

MCE came in with the next-cheapest quote at £107.

I called MCE.

After running through the details on my letter, and confirming a few points about me and the Daytona, MCE offered me a renewal policy of…

£174.

I double-checked the comparison website.

Yep, definitely £107.

I told the chap on the phone that I wasn’t going to accept £174.

He put me on hold and went to discuss my case with the underwriters.

A short while later he came back and offered me a renewal at £150.

I won’t go in to great detail, but after an extended discussion that included refreshing the fact that the now-sold Honda VFR had been insured with MCE, and that its predecessor, the Suzuki Bandit, had also been insured with MCE, and that there hadn’t actually been any gap in my insurance cover, he went away and discussed my case with the underwriters once more.

After a few minutes he came back and offered to renew my policy, and include personal injury, and helmet, and leathers insurance, for £107.

I paid by card.