Received my insurance renewal (TR8, 3,000 miles, breakdown and legal cover, 12,500 agreed value) from Towergate seeking an increase from last year's £175 to £241. After negotiation, they offered £209.
Footman James quoted an initial £240 and then reduced this to £216.
Further enquires produced £167 from Heritage and £136 from Sureterm, both on the same basis.
Towergate seemed aware that they were not competitive, particularly on their breakdown offer, and were almost resigned to losing my custom.
Given that Towergate and Footman James are the 'recommended' providers for the TR clubs I find it concerning that the premiums on offer from them are higher than other providers operating in the same market.
Has anyone else had a similar experience?
James