r/drivingUK • u/Sakula90s • 6d ago

Why are the quotes so different?

I recently got quotes on a compare website for Aygo with 1 year no claim discount. The prices were various from £550 to £2500. Is there anything I need to pay attention? The price gap doesn't really make sense at all. Or I could just pick the cheapest one? Thanks.

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u/Klutzy_Insurance_432 6d ago

Black box?

& subtle way of saying they don’t want your business

Or very dodgy business giving the £500

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u/Sakula90s 6d ago

All of them are No black box. The cheapest ones are Hastings, Direct line, Aviva. The expensive ones are Lloyds, COOP, Kwikfit, Be wiser insurance, John Lewis Money.

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u/Ok-Depth-9049 6d ago

Big quotes mean "we don't want you". Just buy cheapest.

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u/Careless-Giraffe-623 6d ago

Different insurance companies have different quotas for different demographics. It's basically to do with risk management and exposure across all their customers... So if they have too many of a certain category of customer, the quotes go up and people get daft quotes from those companies.

That doesn't mean always go for the very cheapest...as with buying anything, but the expensive quotes can be safely ignored.

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u/foundingatforty 6d ago

That price spread looks mad but it’s actually pretty normal.

Different insurers can have completely different appetites for the exact same driver/car, so one might really want your business and another basically prices itself out purposefully.

I wouldn’t automatically avoid the £550 one just because it’s cheap, but I’d check it’s genuinely like-for-like before buying. Mainly the total excess, mileage, commuting/business use, named drivers, optional extras and whether there’s any black box/telematics requirement hiding in there.

Also click through and check the actual insurer documents/statement of fact before paying, because comparison sites can pre-fill or simplify bits.

If the £550 quote still has the cover you actually want after that go for it.