CC Insurance - penalised for retiring

replied on 26/07/2016 20:47

Posted on 26/07/2016 20:47

I recieved a renewal quote from C C insurance and rang up to advise that we no longer needed cover for commuting to place of work as we had retired. Astounded to be told that instead of a decrease in premium we would have to pay 12.5% more for being retired.

Despite using C C insurance for some years we checked for other companies.

Needless to say we saved a lot of money for exactly the same cover, £103 pounds, to be honest..

Beware any outfit that takes advantage of older people!! The fact it is the Caravan Club makes it worse. Member for almost 30 years, would not have believed it till now.

Disgusted!

 

Oneputt replied on 26/07/2016 21:10

Posted on 26/07/2016 21:10

It would be of interest as to the reason why they had increased your premium.  If you had taken early retirement, say at 55, would they still increase the premium? 

Vicmallows replied on 26/07/2016 21:23

Posted on 26/07/2016 21:23

Well, they probably think you will now be on the road much more with all your new found free time!! Smile

ChrisRogers replied on 26/07/2016 21:35

Posted on 26/07/2016 21:35

Skoda insurance is the same, told them I will not be using car to and from work and also for business use (claimed milage allowance) went up £30.00!

replied on 26/07/2016 21:37

Posted on 26/07/2016 21:37

68 years on the clock not exactly early retirment. Running our own business meant a commute of 300/400 miles per week!

Vicmallows replied on 26/07/2016 21:56

Posted on 26/07/2016 21:56

Moral is: ALWAYS shop around. Loyalty counts for nothing (as you have found).  

(Sadly I couldn't save £103 on car insurance .... I don't pay that much to start with. Sad)

Apperley replied on 26/07/2016 22:35

Posted on 26/07/2016 22:35

My insurance went up when  I said I'd been on a speed awareness course. Surely having been made aware of the problems of speed my insurance should have reduced!

EmilysDad replied on 26/07/2016 23:27

Posted on 26/07/2016 23:27

My insurance went up when  I said I'd been on a speed awareness course. Surely having been made aware of the problems of speed my insurance should have reduced!

I wouldn't have told them

replied on 27/07/2016 08:02

Posted on 27/07/2016 08:02

The user and all related content has been Deleted User

replied on 27/07/2016 12:13

Posted on 27/07/2016 12:13

Hi , Just had phone call from Caravan Club! Nice chat but the reason is I had the silly idea that retirement would be less stressful than running our own business, traveling 300/400 miles a week in a variety of cars and trains, wrong!

Apparently they do not penalise retirees, just jack up the price when you do.

So I saved £103 pounds this year alone and they lost the business, result for me I think. 

Oneputt replied on 27/07/2016 15:57

Posted on 27/07/2016 15:57

Well, they probably think you will now be on the road much more with all your new found free time!! Smile

When I retired 5 years since I thought I would play more golf than when I worked but that's not the case.  

What the CC is doing is blatant age discrimination so they don't deserve the business!

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