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Arnold Said:

How do insurance companies come up with there premiums?

We Answered:

It's called buyer beware you should never assume that all parts of home loan are the best priced. Insurance especially should be shopped with other carriers on a regular basis to ensure you the best pricing. And it's not illegal after all you signed the loan repayment agreement. Ethics on the other hand is a completely different issue but then we all know about ethics and the home loan sharks.

Ryan Said:

Do you know any Insurance companies that would do 6m Car Insurance?

We Answered:

Try a different angle of approach here if you are not having any success. Find any insurance company that lets you pay the annual premium monthly and ask them what penalty there is, if any, if you need to cancel the insurance part way through the policy life (perhaps you MIGHT be getting a company car sometime during the year ?). Find the one with the lowest penalty [and not all impose a penalty] and take out the insurance as normal then cancel it when you no longer need it.