Sorry, what?

[Candapack]

With ERS via C&CC, premium and cover perfectly acceptable.
Recently changed van for one a bit bigger, a bit older, of similar value. When I phoned to make the change (before I actually had the new van), there was virtually no change to the premium. At the time, I didn't know if it had an alarm, hadn't bothered to check because I didn't really care, and the Insurer wasn't bothered.
Turned out it came with a Category 1 alarm, so I thought I better tell the C&CC. I wasn't expecting any premium reduction.
But I certainly wasn't expecting a hefty additional premium. How can that be?
To be fair, the chap at C&CC couldn't fathom it either, and said he'd speak to ERS. End result, no additional premium, but how can bog standard rating manuals (or the modern digital equivalent) produce a higher premium for a van once an alarm has been added?

 

[Vipar]

Insurance companies are the second biggest crooks next to printer ink suppliers

 

[DavidG58]

And now you have declared you have the alarm, if not set and you have an issue you have given the insurers the option to decline paying ?

But in answer to your question , no logic at all for the increase other than possibly an admin fee

But I do wonder why you told them ? although probably you do too now ?

 

[gus-lopez]

If you hadn't told them & claimed & they found out they could have refused to pay. As DavidG58 states that by telling them you now have to use it otherwise they will refuse to pay.
The usual excuse for added premium with an house alarm anyway , is that it tells the thives that there is something worth stealing. As Vipar stated they have an answer for everything & have gone far away from the original idea of insurance which was to put you back in the position you were in before any incident.

 

[Candapack]

Think I'll tell them I've taken it out, see how much extra they want for that.

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[sueandjohn]

Insurance companies are the second biggest crooks next to printer ink suppliers

And banks

 

[Binky]

Never understand insurance. Our van was stored on a military base, surrounded by 10' razor wire, secure access, 24 hour manned CCTV and a fully armed patrol every couple of hours, day and night. When I retired I moved the storage to an open farm 1/2 a mile away. The annual insurance premium dropped considerably. Mind you, I suppose they knew that Twoflower worked on the base and thus the risk of accidental damage was considerable

 

[Meggers]

Mind you, I suppose they knew that @Twoflower worked on the base and thus the risk of accidental damage was considerable

I resemble that remark

 

[carolyn]

Insurance makes no sense, we have just traded our old van in for a brand new one. I was all set to get lots of quotes but obviously phoned Comfort first as there is 6 months to run on on our old policy, £15 to transfer. I queried whether they were sure and would that definitely give me new for old cover as it was brand new and he said yes so it was a no brainer. Mind you when I sent them my alarm and tracker certificates they thanked me for providing evidence of my NCD ! Glad I only emailed copies.

 

[maison]

Two years ago we had a coachbuilt motorhome which was insured for about £380 per year. After five months we changed it for a PVC at pretty much the same value. When we contacted the Insurers to change the vehicle covered on the Policy they demanded an extra £1000. for the remaining four months of the policy.

When we queried this with the C&CC who had arranged the cover they initially couldn’t explain it but promised to investigate and report back.

The eventual explanation was that they had a clause in their agreement with insurers which “capped” the cost of renewals but not “mid-term changes”. They expressed surprise at the requested surcharge and said they wouldn’t use them again.

We cancelled the policy and took out a new one with Safeguard.

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[MyrtleGuru]

Never understand insurance. Our van was stored on a military base, surrounded by 10' razor wire, secure access, 24 hour manned CCTV and a fully armed patrol every couple of hours, day and night. When I retired I moved the storage to an open farm 1/2 a mile away. The annual insurance premium dropped considerably. Mind you, I suppose they knew that Twoflower worked on the base and thus the risk of accidental damage was considerable

Well you have to transport yourself into the warped mind of the insurer, who is programmed to look for the worst-case scenario.

Military base = legitimate enemy target
Military base = potential storage area for hazardous goods
Military base = potential for rogue elements with access to weaponry to run riot

 

[TheBig1]

Well you have to transport yourself into the warped mind of the insurer, who is programmed to look for the worst-case scenario.

Military base = legitimate enemy target
Military base = potential storage area for hazardous goods
Military base = potential for rogue elements with access to weaponry to run riot

and MOD property controlled under military law

 

[HandyAndy]

Insurance companies are the second biggest crooks next to printer ink suppliers

I'm sure estate agents are in that list somewhere