Maybe this will shed some light on the topic!
#1
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I insured my96 last April for £550 full NCB + Protection, with Drakes Insurance.
In June last year Drakes (and another underwriter cant remember their name) went bancrupt, they've still got my money to this day & I'm waiting for the insurance ombudsman to cough up.
Anyway since Drakes and this other underwriter were the main players in the high perfomance arena, insurance prices went up (of course this is also not helped by all these personal injury claims stuff).
So 1 month after paying £550 for a years insurance I had to shelve out again and the new price 30 F**K*N days later £870 - and this after over 20 quotes. I still to this day cannot believe it had gone up so much in 1 month.
In June last year Drakes (and another underwriter cant remember their name) went bancrupt, they've still got my money to this day & I'm waiting for the insurance ombudsman to cough up.
Anyway since Drakes and this other underwriter were the main players in the high perfomance arena, insurance prices went up (of course this is also not helped by all these personal injury claims stuff).
So 1 month after paying £550 for a years insurance I had to shelve out again and the new price 30 F**K*N days later £870 - and this after over 20 quotes. I still to this day cannot believe it had gone up so much in 1 month.
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