Farm insurance

Murang

What company’s are people using for farm insurance.I am using fbd but find there prices are gone up a lot

Limestone Cowboy

Murang wrote: »

What company’s are people using for farm insurance.I am using fbd but find there prices are gone up a lot

Axa were a good bit cheaper for me last year.

older by the day

I moved from fbd too. Mc Carthys insurance found a good deal. Not sure who with. A broker will find you a few options and you can pick what you like.

Dakota Dan

Murang wrote: »

What company’s are people using for farm insurance.I am using fbd but find there prices are gone up a lot

Dumped them a few years ago went with Zurich half the price of FBD. There was also a discount for being a Dairygold supplier.

Sugarbowl

Any good suggestions for just tractor insurance?

Track9

Sugarbowl wrote: »

Any good suggestions for just tractor insurance?

Ytu Aviva Ins.

Mulumpy

Only thing I find with FBD you have a separate policy for each item so if you claim only that item goes up on renewal. Anytime I got a quote off anyone else they were lumping everything in together so your policy jumps up massively if you claim. That's why the rest are able to quote cheaper. I never have a problem getting FBD down in price.

gerryirl

I have cattle insured for theft as far as I know FBD are the only crowd that will do it. but yes they are not cheap at all. I will shop around better next year

Bass Reeves

I left FBD about 8-10 years ago and was with Aviva until 2018. Zurich came in a 66% of the Aviva quote last year. Last time I checked FBD they were 15% dearer than Aviva

wrangler

Mulumpy wrote: »

Only thing I find with FBD you have a separate policy for each item so if you claim only that item goes up on renewal. Anytime I got a quote off anyone else they were lumping everything in together so your policy jumps up massively if you claim. That's why the rest are able to quote cheaper. I never have a problem getting FBD down in price.

FBD quotes are very inconsistent, farmers with better records than mine are getting high quotes and mine has moved very little, I would compare quotes every 3 or four years and am still with FBD.
We have a lamb group discount and without that I'd be changing

Mulumpy

wrangler wrote: »

FBD quotes are very inconsistent, farmers with better records than mine are getting high quotes and mine has moved very little, I would compare quotes every 3 or four years and am still with FBD.
We have a lamb group discount and without that I'd be changing

They are all inconsistent. I shop around every year. FBD will always quote higher but will always match the rest when pushed. Every company is good to give cheap quote the first year and then hike them on renewal

Bass Reeves

Mulumpy wrote: »

They are all inconsistent. I shop around every year. FBD will always quote higher but will always match the rest when pushed. Every company is good to give cheap quote the first year and then hike them on renewal

So you just keep changing. I never allow companies to match another quote

Mulumpy

Bass Reeves wrote: »

So you just keep changing. I never allow companies to match another quote

But why would you change then. If price is the same it's down to the small print. Companies offering a lower price are often charging a higher excess and have a terrible after service.

Robson99

Was always with FBD up to this year. Changed to AXA. Approx 33% less

Parishlad

Robson99 wrote: »

Was always with FBD up to this year. Changed to AXA. Approx 33% less

Same here. Have been with FBD for years but got a quote from Axa this year and it was a big saving so went with them.

Mulumpy

Parishlad wrote: »

Same here. Have been with FBD for years but got a quote from Axa this year and it was a big saving so went with them.

I've been quoted 40% lower than FBD but as I've said before they always match the lower price and with a lower excess and far better customer service so always check the t&c's

Bass Reeves

Mulumpy wrote: »

But why would you change then. If price is the same it's down to the small print. Companies offering a lower price are often charging a higher excess and have a terrible after service.

Any of the policies I saw there was difference both ways. For instance employer liability for family members found it hard to get with FBD. Aviva and Zurich were a lot easier to deal with. Excess of 1-200 euro extra is immaterial.
If you allow companies to match quotes there is no incentive for them to price right first day. Another issue if you are allowing your old insurance companies to match prices after going back 2-3 times to other reps they will no longer put the effort into your next quote.

TBH you seem to be looking for an excuse to stay with FBD

Mulumpy

Bass Reeves wrote: »

Any of the policies I saw there was difference both ways. For instance employer liability for family members found it hard to get with FBD. Aviva and Zurich were a lot easier to deal with. Excess of 1-200 euro extra is immaterial.
If you allow companies to match quotes there is no incentive for them to price right first day. Another issue if you are allowing your old insurance companies to match prices after going back 2-3 times to other reps they will no longer put the effort into your next quote.

TBH you seem to be looking for an excuse to stay with FBD

Not looking for excuses at all. I've left FBD before but had to leave because they hiked up price the following year and wouldn't budge when questioned why. FBD suits me my price changes very little year on year. Every policy is different. My only original point is to know what your insured for and what will happen if you claim.

orm0nd

zurich through a broker here for the last 7 years or so ,


was over 40 years with fbd with very little claims , and they hiked the policy

when my kids started driving they quoted telephone numbers , were more interested in high risk bmw owners in the big smoke and we all know that venture turned out.

Buford T. Justice XIX

Mulumpy wrote: »

But why would you change then. If price is the same it's down to the small print. Companies offering a lower price are often charging a higher excess and have a terrible after service.

That was my experience with FBD. I had the rep out to do a proper quote a few months before and had a claim and FBD were absolutely horrific to deal with. I wouldn't go back to them now even if they gave it to me for free:(

orm0nd

eventually persuaded my neighbour to shop around for insurance. long time fbd customer who thought getting his 100€ off renewal was best he could do


Axa €800 cheaper and I've gone through the schedule thoroughly

Like for like with actually better cover from axa in some areas,

Murang

Just to update how I got on ended up staying with fbd.They droped there price from a 1000 to 690 once they had a bit of competition

Robson99

Murang wrote: »

Just to update how I got on ended up staying with fbd.They droped there price from a 1000 to 690 once they had a bit of competition

I would have told them to shove it. They were screwing you over €300.
Imagine what they are doing g to all the old people who don't haggle with them...or have direct debits with them
B***ards

Murang

Robson99 wrote: »

I would have told them to shove it. They were screwing you over €300.
Imagine what they are doing g to all the old people who don't haggle with them...or have direct debits with them
B***ards

I was going to tell them to shove it where the sun don’t shine but if it’s to your advantage you might as well take it .I would advise everyone to shop around they were not interested in talking to me about dropping the price until I had a cheaper quote

orm0nd

Murang wrote: »

I was going to tell them to shove it where the sun don’t shine but if it’s to your advantage you might as well take it .I would advise everyone to shop around they were not interested in talking to me about dropping the price until I had a cheaper quote

Actually if you left them for a year, you would get a way lower quote following year as a new customer.

Originally this crowd like the co ops was established was established to cater for the farming community but now seem to screw as much as possible from them and squander it elsewhere.

Even their staff are tutored to pass out utter nonsense to customers which unfortunately a lot of older people still believe..

Buford T. Justice XIX

I can't understand why people go back to the original company to ask them to match the lower quote.

Surely it's worth supporting the company that gives you the original lowest quote?

whelan2

Buford T. Justice VI wrote: »

I can't understand why people go back to the original company to ask them to match the lower quote.

Surely it's worth supporting the company that gives you the original lowest quote?

Well I lied last year and told fbd I had a lower quote, I hadn't time to price around and they reduced my premium

Buford T. Justice XIX

whelan2 wrote: »

Well I lied last year and told fbd I had a lower quote, I hadn't time to price around and they reduced my premium

Look, that's fine. You got a lower quote and they were still making a good nargin from your business.

I wonder why people stay rewarding the company gouging, I suppose, them in the first place?

One thing I learned very dearly is that you aren't covered for what you think you're covered on, even if you're told you are. I have no hesitation anymore in changing company for a lower quote.

Mulumpy

All insurance companies have haggle room of 15% More if your a large customer. They are all the same. Most people dont change because of fear of not having the same cover. I always get FBD to match other companies because I'm happy with my policies and every company plays the same game

orm0nd

Mulumpy wrote: »

All insurance companies have haggle room of 15% More if your a large customer. They are all the same. Most people dont change because of fear of not having the same cover. I always get FBD to match other companies because I'm happy with my policies and every company plays the same game

Di you get one the free holidays from them ? , as you seem hell bent of defending them inspite of they ripping off the people that supported them for decades.

There are lots of instances where FBD cover is inferior and don't deny it. If you do then you havn't done much research with other companies.

Ther were 40% over , when I left them. (that was after almost 45 years with very little claims)

Bass Reeves

whelan2 wrote: »

Well I lied last year and told fbd I had a lower quote, I hadn't time to price around and they reduced my premium

Who has not if you have no time to price arounf whether it is Car, House or Farm insurance. I got a lower quote thsi year as well when short of time to organisze quotes. Just told them that I had a quote 50 euro lower and they bettered it by 10 euro . But generally I price around and the lowest get the business

Mulumpy

orm0nd wrote: »

Di you get one the free holidays from them ? , as you seem hell bent of defending them inspite of they ripping off the people that supported them for decades.

There are lots of instances where FBD cover is inferior and don't deny it. If you do then you havn't done much research with other companies.

Ther were 40% over , when I left them. (that was after almost 45 years with very little claims)

No agenda at all but if they'd feel like giving me one I'd gladly take it. My wife worked for a broker for 11 years selling farm insurance against them. I made a valid point in my first post in this thread as to why FBD quote higher. I gave a lot of years with Hibernian (Aviva) and they were very same. If your happy with who your with good for you. I don't see the constant need for bashing FBD when there are plenty of happy customers.

Bass Reeves

Mulumpy wrote: »

No agenda at all but if they'd feel like giving me one I'd gladly take it. My wife worked for a broker for 11 years selling farm insurance against them. I made a valid point in my first post in this thread as to why FBD quote higher. I gave a lot of years with Hibernian (Aviva) and they were very same. If your happy with who your with good for you. I don't see the constant need for bashing FBD when there are plenty of happy customers.

Up until about 8-10 years ago FBD had the farm insurance market to itself. When it came under financial pressure after making serious losses on the low cast car insurance market and it was caught with the wrong asset portfolio when insurance regulation changed it drove up costs to farmers. First Aviva entered the market followed by Liberty insurance. Then Zurich and now AXA have entered the market. Aviva was pushing it prices up towards the FBD prices before the entrance of Zurich and AXA.

Most farm policy pricing is done by staff as opposed to computer systems. It often entails a farm visit by the staff pricing the product. If you fail engage and be willing to move they will not competitively price your product making it easier for FBD to match. When i moved from FBD originally 8+ years ago they offered to come within about 200 euro of the Aviva product, the following year it was 150 euro. Zurich beat Aviva by about 33% the year before last for an over 500 euro saving. You have to actively engage with the other party to gain the maximum savings.

mahoney_j

Mulumpy wrote: »

No agenda at all but if they'd feel like giving me one I'd gladly take it. My wife worked for a broker for 11 years selling farm insurance against them. I made a valid point in my first post in this thread as to why FBD quote higher. I gave a lot of years with Hibernian (Aviva) and they were very same. If your happy with who your with good for you. I don't see the constant need for bashing FBD when there are plenty of happy customers.

I packed it I. With fbd 2 years ago and that’s after 10 years plus on my own and I reckon a lifetime of my parents with them they became uncompetitve and absolutely no reward for loyalty .i had no claims etc .decided to price around and went with Zurich through a broker the quote I got there for my farm ,house tractor and Jeep insurance was 850 quid cheaper even after ifa discount .gave Fbd a chance to match which they did ,still 700 out and told that was as low as they could go.after years of loyal service and been taken for a ride I left ,interestingly about a week after my fbd policy lapsed they rang me wanting to know when I was comming in to renew my policies ,told them I had left and had renewed everything elsewhere with same and in parts better cover and also 700 better than there best quote ,got ratty with me then asking why I hadn’t came back ,I said I did I asked for yer best offer and that I’d only ask once .700 quid is 700 quid so that’s why I left ,was then informed that if I rang and told them they would of matched it .this just pissed me off that after years of both mine and parents loyalty we were been robbed ,i asked for there lowest quote and what they gave me was a mile out .renewed with Zurich again last year policy was same despite 2 new buildings added

Buford T. Justice XIX

Mulumpy wrote: »

No agenda at all but if they'd feel like giving me one I'd gladly take it. My wife worked for a broker for 11 years selling farm insurance against them. I made a valid point in my first post in this thread as to why FBD quote higher. I gave a lot of years with Hibernian (Aviva) and they were very same. If your happy with who your with good for you. I don't see the constant need for bashing FBD when there are plenty of happy customers.

I've told my story here before. I rang FBD to run over my insurance and they came out and went through my cover with me. I told them I wanted full storm cover and never questioned the price or anything else. They gave me a quote and I wrote the cheque there and then.

Then the storm came and took two sheds, killed an animal and badly injured another one and caused a lot of damage to other sheds as well. I wasn't worried because I was after paying for full cover, thank God.

Turns out they vastly under quoted me for the valuations on my buildings, the damage to other sheds and my cover on cattle being harmed during the storm. It took me months to get a half decent level of compensation off them and that was only after using every possible avenue of appeal that I got the compensation off them.

I'm sure there are many satisfied customers of FBD out there but I am not one of them and will be avoiding them like the plague in future.

Mulumpy

mahoney_j wrote: »

I packed it I. With fbd 2 years ago and that’s after 10 years plus on my own and I reckon a lifetime of my parents with them they became uncompetitve and absolutely no reward for loyalty .i had no claims etc .decided to price around and went with Zurich through a broker the quote I got there for my farm ,house tractor and Jeep insurance was 850 quid cheaper even after ifa discount .gave Fbd a chance to match which they did ,still 700 out and told that was as low as they could go.after years of loyal service and been taken for a ride I left ,interestingly about a week after my fbd policy lapsed they rang me wanting to know when I was comming in to renew my policies ,told them I had left and had renewed everything elsewhere with same and in parts better cover and also 700 better than there best quote ,got ratty with me then asking why I hadn’t came back ,I said I did I asked for yer best offer and that I’d only ask once .700 quid is 700 quid so that’s why I left ,was then informed that if I rang and told them they would of matched it .this just pissed me off that after years of both mine and parents loyalty we were been robbed ,i asked for there lowest quote and what they gave me was a mile out .renewed with Zurich again last year policy was same despite 2 new buildings added

Good for you Mahoney. Do you have a separate policy number for each item you have with them?

Bass Reeves

Mulumpy wrote: »

Good for you Mahoney. Do you have a separate policy number for each item you have with them?

Why would you need a separate policy number. Never got one from FBD either. The two tractors are on a separate policy's never checked the numbers but House, farm and stock are on the one policy. but it is all detailed on the policy.

mahoney_j

Mulumpy wrote: »

Good for you Mahoney. Do you have a separate policy number for each item you have with them?

Yep all sheds separate and own value tractor ditto Jeep ditto,stock values ,mower ,theft public liability ,brocker came out last year again for quick look at everything and made some adjustments ,renewing again mid October and he’ll come out again ,if axa came close I wouldn’t rule out switching ,there’s no reward for loyalty

Mulumpy

Bass Reeves wrote: »

Why would you need a separate policy number. Never got one from FBD either. The two tractors are on a separate policy's never checked the numbers but House, farm and stock are on the one policy. but it is all detailed on the policy.

Because if you have everything on one policy and have a claim your renewal will climb dramatically.

Bass Reeves

Mulumpy wrote: »

Because if you have everything on one policy and have a claim your renewal will climb dramatically.

I have had two claims over the last ten years, a claim for storm cover on a shed who's roof was blown off and for a fire on a tractor. Neither influenced the renewal prices. As well neither stop you moving companies as long as claims are settled. Commercial insurance is not like car insurance by its nature you may have claims. Even nowadays people claim because the cost of repairs are large and most have bonus protection on car insurance.

There was a reason that Aviva, Zurich and AXA entered the market there must be good profit levels even when you price cheaper than FBD. Its is not like car insurance where you see fly by night companies like Setanta that appeared and disappeared. The companies that entered now are reputable top league companies and all larger than FBD

Buford T. Justice XIX

Bass Reeves wrote: »

I have had two claims over the last ten years, a claim for storm cover on a shed who's roof was blown off and for a fire on a tractor. Neither influenced the renewal prices. As well neither stop you moving companies as long as claims are settled. Commercial insurance is not like car insurance by its nature you may have claims. Even nowadays people claim because the cost of repairs are large and most have bonus protection on car insurance.

There was a reason that Aviva, Zurich and AXA entered the market there must be good profit levels even when you price cheaper than FBD. Its is not like car insurance where you see fly by night companies like Setanta that appeared and disappeared. The companies that entered now are reputable top league companies and all larger than FBD

I think you still have to remain with the company for 3 years after an insurance claim, unless that's been changed in the last few years.

boggerman1

For yrs people stayed loyal to fbd cause they were great to "pay out" if you claimed.the older generations took that hook,line and sinker.in my book anyway its loyalty to my pocket,not fbd.haven't been with them in yrs.gougers

Bass Reeves

Buford T. Justice VI wrote: »

I think you still have to remain with the company for 3 years after an insurance claim, unless that's been changed in the last few years.

No I moved with in 8 months of one claim happening as it was settled. Such a rule might well be decided to be anti competitive if it was common across commercial insurances. It is more a rule in car insurances where companies ask you have you a claim in the last 3 years. But even then I have seen people able to move if claim is settle and relatively small.

whelan2

I was in the mart on Tuesday of last week. Axa had a stand there and I gave them my phone number and my dads and my renewal date. Neither of us got a call. Had a similar experience last year with them. Anyone else have the same problem with them

orm0nd

whelan2 wrote: »

I was in the mart on Tuesday of last week. Axa had a stand there and I gave them my phone number and my dads and my renewal date. Neither of us got a call. Had a similar experience last year with them. Anyone else have the same problem with them

gave them my number at the mart last march and they rang about a month b4 my renewal date,

long story short we changed to them as they were a good bit better than Zurich who increased a fair bit this year.

they do seem to be a bit understaffed but we found all the reps very efficient and courteous and not too pushy

I think in all we spent maybe an hour on the phone over the course of 3 calls .

certs and discs and policy document were dispatched promptly.

whelan2

Stayed with fbd. As axa didnt bother to ring me back. Paying 400 less than last year with new shed, new feeder and cattle trailer on policy. Young lads car premium came down by 800 on last year but its still crazy

jntsnk

whelan2 wrote: »

Stayed with fbd. As axa didnt bother to ring me back. Paying 400 less than last year with new shed, new feeder and cattle trailer on policy. Young lads car premium came down by 800 on last year but its still crazy

Were the premiums just cheaper this year or did to have a price comparison to get a lower price off FBD.

whelan2

jntsnk wrote: »

Were the premiums just cheaper this year or did to have a price comparison to get a lower price off FBD.

I didnt have a price comparison. They have upped their cover in a good few areas now. I believe they are back being competitive now.

hopeso

whelan2 wrote: »

I didnt have a price comparison. They have upped their cover in a good few areas now. I believe they are back being competitive now.

My farm insurance renewal from FBD arrived this morning.....I can’t remember how much it was last year, but to me there seems to be a big increase on last years premium.....
No claims in the meantime

whelan2

hopeso wrote: »

My farm insurance renewal from FBD arrived this morning.....I can’t remember how much it was last year, but to me there seems to be a big increase on last years premium.....
No claims in the meantime

No one pays what the renewal comes in at. There's always a discount when you ring them

lefthooker

Same story as other posters, parents with FBD for decades and I nearly 10 since taking over. I had everything with them, house, car, Jeep, farm, tractors, machinery etc. EVERYTHING. All vehicles have glass cover and every 12-24 months I'd have a glass claim of some sort, but the cost of the claim is only a fraction of the initial outlay. And never got as much as a free pen to sign the policies. The agent would come every year to go thru covers and knock a few euro off but the last few years I felt I was paying too much so when FBD's renewal arrived this year I knew they were taking the piss. I took the policies to another company and broker for them to quote.
A few days before the renewal date FBD rang to remind me, I told the girl to give me FBDs best and last quote. She asked if I wanted to make an appointment for the agent to call out told her he knows what I have and what I want and he can do at his own desk what he does at my table without holding me up. Within an hour she was back(our agent wasn't bothered to call me) and had knocked €800 off, from 6400 to 5600, and that was the best they could do. Told her what I could get it for and said goodbye. I went with Zurich, they upped the cover on the sheds and committed to not rise the farm insurance next year. Got it for €4400.