Budget Car Insurance wont insure car

[paulmlpss]

Hello all im 31 and have 9 years no claims and no convictions.

I drive a pug 306 diesel and saturday i brought a astra diesel 2001 reg.

I am currently insured with co-op insurance but through budget as i just got the quote on a compare site. Yearly premium is around £330 which i pay monthly. So saturday i rang up to change insurance and they said the co-op wont insure me on that car. They wanted £80 cancelation fee and then said i need to start a new policy. Anyway i left it as i wont change car till end of month as it needs taxing. Got home from work today and decided to go on co-op site and get a quote for new car. Fully comp quote comes up £470 a year. So then i ring up budget asking why they wont insure me when co-op say they will and they wont give me a valid reason??? Just really annoying me as i only have till June left with budget insurance and dont want to lose another year no claims and dont want to pay cancelation fee and start new insurance. I could understand if i was 18 and trying to insure a porsche or something. Are these insurance companys on commision for starting new policys? Just cant understand why they wont change the car over?

Many thanks in advance
Paul

[shell]

Re: Budget Car Insurance wont insure car

By pass Budget and go straight to Co-Op. Explain the situation and see what they say. Budget is trying to get commission off you. Also if there is just a couple of months left on your old insurance you shouldn't have to pay a cancellation fee.

[labman]

Re: Budget Car Insurance wont insure car

I helped a Chinese friend with limited English renew his car insurance with Tesco last week. Tesco wanted £1270ish to renew the existing Tesco policy with him. Went on the comparison sites and found a policy for £650ish for him. Guess who with? Tesco - the identical policy to the one they were going to charge him £1270 for. Disgusting1

[paulmlpss]

Re: Budget Car Insurance wont insure car

Im going to ring thier complaints department tonight. My girlfriends company nearly got closed down by the fsa for doing things like this as she said its miss selling policys. She works for homeserve lol. She said that they dont get commision for making a policy change but they do for setting up a new policy. And its pretty obvious that co-op will insure me as they have given me a quote.