GoSkippy hike grandson’s car insurance premium by over £4,000
Retired Yorkshireman George is happy to help his grandson Rhys pay for car insurance.
After all, 23-year-old carpet fitter Rhys is in the sweet spot for insurers: he’s young, male and so is hit with the highest premiums around.
But when this year’s renewal letter from Bristol-based broker GoSkippy arrived, even George was shocked to see the quote, with a company called Sabre Insurance, had shot up from £1,719.26 to a staggering £5,764.10 – a rise of over £4,000.
That’s about as much as Rhys’s Volkswagen Jetta would cost to buy second hand.
If, like George you think you're overpaying, there's only one way to find out: compare car insurance deals now.
“I almost fell off my chair,” George, from Ripon, told us, “the price rise was spectacular. How on earth can they justify such an increase?”
We thought the same and put the question to GoSkippy, owned by UKIP-backer Arron Banks.
We haven’t heard back. We don't think they can justify the increase: Rhys, from Doncaster, was another year older and had an additional year of No Claims Discount
If anything, the price should have come down.
Luckily for George, since 1 April insurers are legally required to clearly show last year’s price.
So he could see exactly how much GoSkippy had hiked the price by.
“Needless to say, I went on a price comparison site and got a quote of £783.25,” George told us.
“I will not be using Go Skippy in the future.”
We’re a big fan of the new law that demands insurers display last year’s premium on renewal letters.
It means you can skip all the guff designed to lure you into auto-renewing – GoSkippy promised George “it couldn’t be easier to renew your policy” and that the policy it had chosen was "most suited to your needs at a competitive price" – and get to the real nuts and bolts of the offer.
Doing so saved George £5,000 and, with auto-renewing costing Brits £1.5bn, we encourage many more drivers follow his lead.
WHEN DID YOU LAST SWITCH YOUR CAR INSURANCE PROVIDER?
Last year 65% of customers didn't switch their car insurance to try and get a better deal.