GolfGTIforum.co.uk

General => Insurance => Topic started by: xvickyx on 04 January 2010, 22:28

Title: Deposit
Post by: xvickyx on 04 January 2010, 22:28

Hi

I was wondering whether you require a deposit for policies, as I am finding it difficult to stump up over £300 for a deposit on insurance plus the cost of getting a car  :sad: :sad:

Thanks
Vicky

Title: Re: Deposit
Post by: tony@greenlight on 05 January 2010, 13:08

Hi Vicky,

I'm not sure as to whether you're with us so will talk more generally.

Every Insurer and broker that I have encountered who we compete with upon motor Insurance will require a deposit upon a new policy, even the direct writers such as Direct line and Admiral require.

Self managing the finance via an overdraft or the use of a credit card to ease the situation would be worth researching, as this will clearly put you in control.

Kind regards

Tony

Quote from: xvickyx on 04 January 2010, 22:28

Hi

I was wondering whether you require a deposit for policies, as I am finding it difficult to stump up over £300 for a deposit on insurance plus the cost of getting a car  :sad: :sad:

Thanks
Vicky

Title: Re: Deposit
Post by: shorty0100397 on 01 February 2010, 14:33

Yeah, i agree.  Ive never had insurance where I have never given a deposit.  When changing within a policy you can sometimes get a rebate back depending on if the car has changed.  I recently changed from a 1.25petrol fiesta to a 1.9tdi golf and I only paid £13 more  :grin: :grin: :grin: