- Messages
- 11
Basically I have a Fiat Punto Sporting (yes fast car i know! lol) I'm insured with Admiral, and my Insurance is £820 fully comp forthe year. Works out near enough £70 a month.
Just recently bought my CTR EP3 Facelift Model.
I have done quotes online for my CTR and the premium for the year is £1200. By my calculations that is £100 a month.
When i phone Admiral up (my renewal is due October 24th, so only like 2 months away) BUT they are telling me that I will need to make up the extra premium of over £400 to make the full amount I have paid this year as £1200. This means that for the next 2 months they want Direct Debits of £260!! How does this work out?
Unless I am stupid, my brain is telling me that it's wrong? Surely the 'yearly' premium for my CTR should be time apportioned to how long I want to insure on it? So why are they telling me it's £260 per month until october and not £100?
I can't understand how effectively I will be paying the full amount overall as though I've insured on my CTR for 12 months, but really I should only be charged for 2 months insurance of what a yearly quote will be?
Is anyone able to explain this to me, because I just feel they are having a Laugh!!
Cheers
Phil.
Just recently bought my CTR EP3 Facelift Model.
I have done quotes online for my CTR and the premium for the year is £1200. By my calculations that is £100 a month.
When i phone Admiral up (my renewal is due October 24th, so only like 2 months away) BUT they are telling me that I will need to make up the extra premium of over £400 to make the full amount I have paid this year as £1200. This means that for the next 2 months they want Direct Debits of £260!! How does this work out?
Unless I am stupid, my brain is telling me that it's wrong? Surely the 'yearly' premium for my CTR should be time apportioned to how long I want to insure on it? So why are they telling me it's £260 per month until october and not £100?
I can't understand how effectively I will be paying the full amount overall as though I've insured on my CTR for 12 months, but really I should only be charged for 2 months insurance of what a yearly quote will be?
Is anyone able to explain this to me, because I just feel they are having a Laugh!!
Cheers
Phil.