Aviva Share Discussion Threads

[lippy4] 16/1/2024 10:31

what cannot follow australia where with paying the road tax it includes basic car insurance,i know some will not pay road tax but at least it would probably cover a lot more errant drivers.i think removing tax discs was a huge mistake to save £30 million i believe..

[wilksey1] 16/1/2024 10:16

putting insurance prices up just increases more uninsured drivers riders on the road

[whatsup32] 16/1/2024 10:08

A friend in London got quoted £30k for a new Q7 Audi SUV costing £75k .

[cwa1] 16/1/2024 10:07

AVIVA: COMPLETED £140 MILLION BULK PURCHASE ANNUITY FULL
SCHEME
BUY-IN DEAL WITH TRUSTEE OF THE GUILBERT UK RETIREMENT BENEFITS
PLAN

[ldavis] 16/1/2024 10:04

My renewal in December for car insurance went up from a few pennies under £200 2o just under £240 , best alternative quote from com,parison site was £250 excluding a couple of optionaal extras included as standard with my current policy.

The headline average figures on their own are not actually very useful. Some of that increase will be down to the huge costs of insuring large EVs and some other cars in cities, I suspect some is due to the increasing number of older driverswho have reached the stage of increasing premiums due to age and possibly an increasec in new drivers as the effects of covid receed.

The insurers claim that they have been losing on car insurance over the last year or so due to increased number and cost of claims - Not sure I believe them but possible given the number of stories I have come across of people stuck with courtesy cars for months awaiting repairs due to lack of parts and the cost of repairing EVs appears highly inflated.

[fludde] 16/1/2024 10:00

It's profiteering!

[spud] 16/1/2024 09:38

Had to shop around for mine. Existing motor insurer wanted £1400 (from £430) and house was up 100%. Motorcycle up 300%.62 year old with no convictions, full no claims and no accidents.spud

[whatsup32] 16/1/2024 09:15

Headline average car insurance £1k . Up 58% on year . I thought with insurers not allowed to treat new customers with huge discounts prices would go down.
Who's brilliant idea was that

Is there lack of competition or are insurers in cahoots similar to airlines across the pond where tickets cost near same regardless of airline

[whatsup32] 14/1/2024 10:44

Any update on Scottish Widows ??

[smurfy2001] 13/1/2024 11:46

Well my insurance quote with quotemehappy is only £56 extra. Not bad at all.

[marksp2011] 12/1/2024 09:55

mountpleasant10 Jan '24 - 18:29 - 18478 of 18484
0 1 0
Hang on... theres people who need financing plans to pay an insurance premium?
It sounds like Provident Finance customers.

If your car premium is £4k then probably yes. Some are quite sneaky in disclosing this cost - I have also noticed that SOME want you to declare whether you will pay upfront or on credit before providing a quote - I can see that being stopped. I can also see the idea that they aren't involved in the credit when the credit company is another part of the same group is disingenuous

the rates charged are also higher than barclaycard and, they are levied on the whole sum on day 1 making them about 8x as expensive as paying by CC and then doing a balance transfer

My house insurance was 34% higher if I chose to pay monthly :)

[xongkudu] 11/1/2024 16:15

The LSE really does suck.

[dope007] 11/1/2024 16:11

Never expect a good week on the UK stock market. Just be pleasantly surprised when we get the odd one

[huncher] 11/1/2024 09:20

Installment premium plans have been around for 30 years+ and were pushed as they facilitated auto renewal.Also benefit to larger commercial clients from a cash flow perspective.

[tourist2020] 11/1/2024 08:35

Insurance Premium Funding, based on my limited research, applies to high net worth one off endowment products and allows leverage to the buyer of the product who mortgages the policy to the lender. Here`s a link:

hxxps://www.ia.org.hk/en/premium_financing/pros_and_cons.html

[1jat] 10/1/2024 18:57

When interest rates were very low, it did not cost the insurer much to allow payment in instalments for little difference in total price…..presumably now interest rates and inflation are higher they are beginning to raise the differential price for payment by instalments.
TBH I have always thought anyone offering 0% interest should be offering a discount on the pay in full price.

[mountpleasant] 10/1/2024 18:29

Hang on... theres people who need financing plans to pay an insurance premium?
It sounds like Provident Finance customers.

[yump] 10/1/2024 17:28

Presumably the finance arrangements (eg. loans) that spreads the cost of an insurance premium, in return for interest payments over the term.

[1robbob] 10/1/2024 17:12

What are: 'Insurance Premium Funding' products?

[tourist2020] 10/1/2024 17:00

As I understand it insurers sold off today on a rumour that the FCA was taking a hard look at Insurance Premium Funding products, although I find it hard to believe that it is material in the overall scheme of things at Aviva,

[cestnous] 10/1/2024 15:26

Expected better share price reaction to recent news items

[xongkudu] 10/1/2024 11:53

Nice bikes!

I’ve had Triumphs my whole life but bought a Ducati Desert Sled a few years back for one day riding from London to Cape Town. Perhaps an African Twin would be better but the Ducati looks better.

Anyway..I better get off my ar$e and do it before I get too old.

[whatsup32] 09/1/2024 18:54

Not getting the fizz had hoped for

[smurfy2001] 09/1/2024 16:18

US CPI Thursday.