Currently with Admiral and paying £850 without the interest, my insurance is up in 5 months time but I wanted to see if the claims of it risen again by another 30% are correct, the cheapest quote I got from that group was £1450.
Thankfully Direct line quoted me just under £1k, Axa was £950 so it seems Admiral no longer want young and higher risk drivers, which is strange since this was their main market.
I know all this can change again when I am up for renewal but I am staggered how much it has increased with Admiral.
I also noticed that increasing my mileage from 5000 to 6000 saves me £20 a year, but then increasing it to 7000 makes it more expensive. I guess 6000 miles must be the lowest risk mileage. Too low = lack of experience.
What is very odd is that now Directline is quite a bit cheaper than they wanted last October.
My point? Don't assume anything with car insurance, just gets lot and lots of quotes because there seems to be no rules in order to save money.
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>> Currently with Admiral and paying £850 without the interest, ..........
You'd save money if you didn't insist on using a method of payment which results in you having to pay interest!
Last edited by: L'escargot on Mon 16 May 11 at 18:36
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Insurers want a spread of Risk. They could potentialy change what customer type they are after each day to balance the books.
Your premium still looks high to me - do you live in a postcode which is usually on fire?
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>> >> Currently with Admiral and paying £850 without the interest, ..........
>>
>> You'd save money if you didn't insist on using a method of payment which results
>> in you having to pay interest!
>>
He is skint and is living hand to mouth and drinking 8 pints of beer. See his previous threads on worries on getting overdrawn and having a credit card debt yet to be paid off.
Last edited by: John H on Mon 16 May 11 at 19:13
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I know a 19 yo lad, drives a 16 year old Micra and he is paying £1900 and he did shop around, every number they could find. Thats not to say its incorrect because he drives what is a very clapped out car with the over-confidence only a teenager can muster, he is always but a few corners from a ditch with his name on it.
My wife is 30, 3 years driving exp with one claim 2 years ago and she only pays £700 a year, which we think is pretty reasonable on her 1.3 Sirion, its not a slow base model or anything.
Think its where you live thats hurting you Rats, only one way to change that tho.
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I'm glad that I was a young driver in the 60's and 70's, and not now. No wonder Rattle's got no money.
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John for your information I am saving for a large deposit, so I intend to pay most insurance upfront.
And yes I enjoy a pint at weekend, I am self employed so have no social routine during the week, Saturday night is the only time I get to socialise and if I didn't have that I would crack up.
Anyway this is about car insurance.
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I am saving for a large deposit, so I intend to
>> pay most insurance upfront.
>>
You don't have to excuse or explain anything here Rattie, don't take the bait.
Might i suggest you contact a couple of good old fashioned brokers nearer your renewal date, and try ringing a few of the better companies direct at the time, i know L'es recommends Co-op, i agree, but try LV and NFU as well...they and several others will not feature on the computer quote system.
These companies particularly NFU tend to plow their own furrow (groan), and can be very expensive or surprisingly cheap, you won't know till you ask.
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I will do, I think the problem with the comparison site is they sometimes assume more risk than there actually is.
I live in a good part of Manchester, but I still live just four miles from the city centre so I suspect the location is the main reason. Although my dad only pays £400 on his Fiesta (it is a Ghia but he has full no claims discount etc).
I did try some of the specialist brokers last time but in my case they were all too expensive.
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...Although my dad only pays £400 on his Fiesta ...
Don't know about the other factors, of course, but my Volvo costs me less than that - quite a bit less. Not in Manchester, of course.
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I think that is the problem, as much as I love Manchester it has always had a bit of a problem with chavs, and they tend to cause a lot of car crime.
Also in cities I suppose the chance of having an accident is greater, although perhaps less serious than in country places.
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>> I live in a good part of Manchester, but I still live just four miles
>> from the city centre so I suspect the location is the main reason. Although my
>> dad only pays £400 on his Fiesta (it is a Ghia but he has full
>> no claims discount etc).
Postcode must be a factor then - Down South I just paid £290 for a 2 year old C5. Full NCB, but 6 points and a non-fault claim. I'm 35 and 30 year old Mrs B is named driver
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Nothing to with a north/south thing it all about risk and car crime. In big cities there is always a lot of car crime, I live in the middle of one. I am sure my premium would be higher if I lived in London.
Incidentally car crime has fallen in Manchester quite dramatically over the past few years, if you believe the statistics.
No doubt if I lived in rural Wales my insurance would be much cheaper, but I would pay a lot more in petrol so it balances out.
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Get a quote from a posh postcode and see if it makes any odds.
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I may do, I wonder if doing such thing is legal though? Because I would have to use somebody's real address.
I have a friend who insurance his Audi A3 at his parents Address in North Wales, clearly illegal as he lives in Salford (one of the car crime capitals of Manchester).
Last edited by: RattleandSmoke on Mon 16 May 11 at 21:18
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he said get a quote, not insure at a different address.
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>> Nothing to with a north/south thing it all about risk and car crime.
.....which is based on your postcode
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>>
>> No doubt if I lived in rural Wales my insurance would be much cheaper, but
>> I would pay a lot more in petrol so it balances out.
>>
Spot on.
I pay £260 FC with business use, but travel about 250 miles a week to do a job my city counterparts can cover in a lot less than 50.
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The worst thing is when you insure a car in the city and have to do 60 miles just get to work. My Clio friend earns £22k a year, but she works 60 miles away and because of all her accidents and high petrol costs she spends over £600 a month just running her car.
I live within 10 miles of about 1 million people which means I don't have to travel too it does nothing for car crime and accidents.
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I assure you insuring a car in the centre of London isn't a cheap sport. And curiously W1 (super-posh) turns out more expensive than "gritty" SE1 (Dog was brought up there ;) ).
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a friend lives in wc1 and his new jaguar xj is garaged at night but even with full no claims he pays 2k a year and does less than 5'000 miles per year
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Things could be worse Rattle...:-)
tinyurl.com/3r59s6o
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The owner is probably too rich to care :( I would never even let anybody borrow my Panda full stop.
Last edited by: RattleandSmoke on Tue 17 May 11 at 23:19
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I am agog. Boy is 26 next month and his insurance on a 2005 Panda Dynamic was £450 last September (passed test in 2005). Granted we live in rural Herts but you are 30ish? and getting quotes for 3 times as much.
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I am 28 so just under 2.5 years older than your son. I passed in 2008 though, use it for business use and live in a big city.
I also had a claim for a smashed window on my Corsa which probably doesn't help. Was a while ago though.
The 2005 Panda will be worth a bit less less but I don't think it really makes much difference, my 2010 car is worth more but has a smaller engine is is group 1.
Only three cars in the history of all cars sold in the UK ever have made it into the new group 1.
I do think the postcode does make the biggest difference though. 26 or 28 I don't think it really makes much difference in the insurers eyes.
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Mine is refer, but I was already aware of that :). It is a decent part of Manchester as well, but it is close to a lot of not so nice parts.
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I think we are probably in a risk area - I got my Golf stolen in 2000 for example. Lots of affluent types with nice cars etc. But when we renewed insurance on my wife's car it was only £2 extra per year for it being left on the road.
In our previous house it was in the garage most of the time anyway (bicycle used instead) but the detached garage here is at the end of the garden and not so convenient... so it's on the road.
I did do some quotes earlier this year in case I decided to opt out of the cat scheme.... even with the equivalent of no claims I decided to stay in the scheme. I could make money on a smaller car (but I could get that on the scheme too) but the insurance on say an Audi A4 was too much.
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M21 has always been a high risk postcode....I think they just lump it in with M22/M23
Ted
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Ha I did a job in M23 (Wood Hose Park) last week. To be fair the customer was really really nice but I am always a little nervous of doing jobs there. I park up perfectly legal then his next door neighbour starts ranting and raving about where I had parked.
There are some dodgy parts in M21 though, I would much rather park in the better parts of Wythenshawe than in parts of the Merseybank estate for example although crime has been reduced there dramatically lately. My grandma lives on the Barlow Moor estate and has lived there for 50 years, never once been a victim of crime yet insurance company and the public perceive that estate as being very rough.
I am not really moaning about £1k a year, I understand why it is high, but if it is going to go up by 50% each year that will cause major issues.
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Risk and cost v postcode can work in another direction bizarrely.
When we moved from a 3-bed semi to a 4-bed detached in the same postcode (both quiet closes), the insurance went UP. I queried and was told that this was because it was a wealthier road and so the cars were more expensive and so cost more to replace if stolen.
Alex.
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Additionally a detached house is easier/more likely to be broken into than a semi-detached/terrace/upper floor flat.
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>>I queried and was told that this was because it was a wealthier road and so the cars
>>were more expensive and so cost more to replace if stolen.
Same as I was told above. I just don't understand, as surely the value of the insured car doesn't change.
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No, but the fact you're in a street which contains cars attractive to thieves means that more thieves may be drawn to your street for a mooch and may choose your car to pinch. It's a greater risk.
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Yes, but conversely a cheap car parked in an expensive street ought to cost less to insure, because there will be lots of other cars more worth stealing?
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>> Yes, but conversely a cheap car parked in an expensive street ought to cost less
>> to insure, because there will be lots of other cars more worth stealing?
That's the way I would look at it as well. Either side of our two elderly Golfs is a BMW Z4, a 60 plate BMW 320i M Sport Coupe, a Focus ST, and an Impreza WRX STi. I reckon both our cars are between them worth less than half the value of the next cheapest.
Assuming none can be driven away without keys, and therefore a burglary is required to obtain them, what sort of muppet is going to choose our place?
Last edited by: DP on Wed 18 May 11 at 16:02
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Tried a comparison site last night, after much messing about, they had all my details already but it was a different car, I clicked for results but was told my session had timed out.
Sod it, I thought, and went to bed. The car's not due for a month or so.
9 o'clock this morning the phone rang. Onestop Insurance asking me what I thought of the quotes. I said I hadn't had any and he asked what my cheapest was !!!
I told him again and he offered me his cheapest at £577. told him where to go ! I'll wait 'til my existing lot come up with renewal. I've got the Jowett with them ( they didn't increase that over last year's ) and, although they don't do multicar, they did say they could discount me for other cars.
We'll see.
Ted
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After a pointless exploration of Admiral MultiCar, which would have ripped me off to the tune of £200 over two separate policies, I've just renewed with my existing provider. Could have saved a whopping fiver by switching, but couldn't be bothered with the sending of paperwork, proof of NCB etc that goes with a new policy. Renewal is easy.
My premium decrease was the smallest ever this year though, at £7. I still have yet to pay more for an insurance renewal than I paid the previous year, for the same vehicle. 15 years and counting.
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LOL LOL, Spamette Major decided to get some insurance quotes on my spare Vectra, having passed her test at the 5th attempt (She's 19 next month).
Lowest quote - 1299 quid per month
Don't think that idea's gonna fly!
EDIT: the email is up the creek, it's actually annual not monthly if you read the fine print D'oh.
Last edited by: spamcan61 on Sat 21 May 11 at 20:07
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Following Top Gear's example I thought about signing my S60 D5 over to gmac Jnr.
He takes his test next month and will be 18 in July.
Lowest quote, just shy of £14,000 for a 7 year old diesel Volvo worth about £4,200.
I really believe the UK no longer want a mobile workforce. Until gmac Jnr. is 26 he will not be able to move around for work unless work provide a company car. I was 24 when he was born and was covering 30k miles plus per year then.
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My lad is 21, we live in a C risk postcode. His renewal has just come in at £800 quid,.
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What was that for ? A '98 plate Primera if I recall. gmac Jnr's mother couldn't get a quote below £3000 for a Ford Ka with her as the main driver which she would be.
Last edited by: gmac on Sat 21 May 11 at 20:22
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I'm not sure what the "risk postcode" is for the York area but can't imagine it's that high away from squaddie heaven.
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>> LOL LOL, Spamette Major decided to get some insurance quotes on my spare Vectra, having
>> passed her test at the 5th attempt (She's 19 next month).
>>
>> Lowest quote - 1299 quid per month
5th attempt? they must have found out, hence the premium!
Last edited by: Zero on Sat 21 May 11 at 20:20
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>> >> LOL LOL, Spamette Major decided to get some insurance quotes on my spare Vectra,
>> having
>> >> passed her test at the 5th attempt (She's 19 next month).
>> >>
>> >> Lowest quote - 1299 quid per month
>>
>> 5th attempt? they must have found out, hence the premium!
>>
Yeah, thankfully she took more tests than me, or I'd never of heard the last of it. 1300 quid a year for a 2 litre Vectra actually doesn't sound that bad, relatively speaking, pity the email header said per month.
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Insurance quotes - it just gets madder - L'escargot
