I can't even bring myself to rant about it. 31 year old first time driver, 75bhp diesel, locked private car park. £1200 if I pay in full, which I can't afford. £1800 monthly. Much vaunted 'Pass Plus' makes no difference.
Only want it so I can go further afield on the bike and stop having to rely on lifts, and for recreation. Hardly worth it at these prices.
Go on, give me some perspective.
£1200 if I pay in full, which I can't afford. £1800 monthly
**** me what's the APR on that?
a credit card over a year must be cheaper?
They're from different insurers but in general there seems to be a massive premium for paying monthly.
holy toot! I thought they were taking the mick wanting £300 for a 130 bhp diesel quattro.
It must be rubbish. I think I'm quite lucky, as I don't seem to have been affected by all the insurance hikes that everyone has been talking about. I pay around £300 fully comp, but I have 10 years NCD. I always have to shop around though as it seems to just up with the existing insurer every year.
Can you add additional driver?
I still add my Father as a second driver living away and I'm 3% years young 
Lowers my insurance a bit.
I passed my test just after I was 30, 31 now. Fully comp was £540 on a 2001 1.3 Fiesta with Carole Nash, with it going up to £620 this year for 2003 1.4 Fiesta Zetec. £1200 seems a bit high, as does the jump to £1800.
Bloody hell.
I don't know how people afford it. I does smell to me a little of a cartel by the insurance companies. Insurance is compulsory so they can just keep putting up the prices between themselves.
WOW, I don't think I've ever paid more than £400 ever. And that includes insuring a golf gti at age 22
I blame the big car repairers who seem to charge vast amounts to do a [usually] crap job.
sharkbait - it's not the vehicle repairs that cost it's the injury claims.
Everyone claims whiplash etc after an accident.
I blame the big car repairers who seem to charge vast amounts to do a [usually] crap job.
last time someone got run over on here it was his fault for getting knocked of his bike and wishing to claim!
EDIT: oh what timing 
That's crazy, I'm honestly astounded by those prices! I've just renewed our car: BMW 116i; My Mrs is main policy holder (23 with 4 years no claims), I'm named (25 with 1 year), and although it's a safe postcode, we're paying £607 fully comp.
Other than possibly no claims, what is the biggest differential insurers take into account?
sharkbait - it's not the vehicle repairs that cost it's the injury claims.
30 years old, held licence since I was 17. Advanced driver with full, clean car and motorbike licence, no accident history, insuring an alarmed and immobilised, decade old diesel saloon worth no more than £500 on a good day, based in leafy semi rural postcode. Hardly drive it, mileage limited to 4000 per year, no commuting. Car spends 99% of time parked outside house at end of quiet dead end road.
This year's renewal came and they'd decided to put my premium up by £200, for no reason they appeared compelled to articulate.
Rang up assuming some mistake had been made. "No" replies woman, "same for everyone". Nothing she can do. Immediately cancelled policy, rang round and scoured online quotes for better deal, didn't find anything that could compete with the renewal quote.
Car taken to scrap yard.
Ridiculous.
Renewals are a bit of a con in my recent experience.
Last year, paid about £480.
Renewal came through for £750.
Looked online, found a quote from the same company for £450, though this didn't include my girlfriend as a named driver.
So, I rang them up, explained that I was getting a better quote online - with them. They took my renewal and removed the named driver. New renewal was about £700. I pointed out this was a bit rubbish, so they agreed to match their own online quote - £450. I then asked to add the named driver back on.... and the quote went down to £380.
Um... how can removing a named driver reduce a quote, then adding the same driver back on reduce it again? Still, I wasn't complaining - £750 to £380 with a ten minute phone call.
sharkbait - it's not the vehicle repairs that cost it's the injury claims
hmmmm, from the company my insurers hired to sort my recent bus incident i well and truly got interrogated about whether i had any injury, pain or discomfort at all no matter how minor. they were well and truly digging to make an injury claim.
To the OP; have you tried the price comparison websites? Seriously they can save you a bundle, even when you think you can't go lower.... Go Compare etc....
Me (27, 9yrs clean license, 5yrs NCD) + mrs xiphon as named (5yrs, 0yr NCB) = £700 fully comp + protected NCD + replacement hire car + commuting.
Car's an old 1.9Tdi, 'S'reg estate.
mrs xiphon on her own - £1800!! Jesus!
I've just reinsured my 1.9 TDi Octy. Been with Churchill for the last couple of years, went from £180 to £210 to £265 for the most recent, 9 years NCD, 5000miles/year, and I'm 56 this year. Confused.com showed Kwikfit to be cheapest, but when I tried them they added all sorts of stuff on, like legal cover, breakdown, etc, which took it to£336. Knocked all the unnecessary stuff off and final price was £175. Thank you very much, I'll take that.
insurance companies put up their premiums for no other reason than they want to make more money
not because repair costs have gone up or people are making more claims or people are 'arranging' write offs to make money during the recession, etc.
end of story
I've just had the same experience as jackthedog, premium has just been banged up to £500 from £300. Did alot of shopping around due to what appeared to be them blatantly fleecing me, couldn't get it cheaper anywhere else.
Yes PeterPoddy those prices I got are from comparethemarket.
In relation to the big comparison sites, this was news to me:
Confused.com owned by Admiral. Yes, that Admiral. They also own elephant.co.uk, Bell Direct and Diamond, the womens car insurance specialist.
GoCompare are “independent” but eSure has a 50% share. That’s according to the Insurance Times.
Compare the Market is owned by Budget. This one is a bit naughty, as all of the brands quoted are Budget group companies – but they don’t make that obvious – they also own Dial Direct, “Local Broker“, ibuyeco, Quote Mart, and Junction who run the insurance arms of the Post Office, Marks and Spencer, Debenhams, Bradford & Bingley, Homebase and yesinsurance.com.
MoneySupermarket have just floated (in what was described as an “unfortunate” stock market debut, they failed to raise as much cash as had been hoped for, partly due to a recent Google penalty for link spamming which saw their web traffic shrink alarmingly!). As such they are independent.
My 80yr old father (no accidents in 30yrs). 1.4l Fiesta £850.
insurance companies put up their premiums for no other reason than they want to make more money
not because repair costs have gone up or people are making more claims or people are 'arranging' write offs to make money during the recession, etc.
end of story
2 key reasons why claims are going up:
1. Whiplash claims
2. Fraud - for e.g. waiting till someone's too close and then jamming brakes on so they go into the back - then make a personal injury claim.
Also mopping up the cost of uninsured drivers - what they don't understand is, the more they put the cost up.... the more young people will drive uninsured.
I know someone who needs a car to get to work (lives in a remote village.. one bus per day... both parents work odd hours.)... but can't afford to legally pay the high cost (wrong side of £2k....)... so it's a risk he takes.
He's a very safe/cautious driver though!
Went to change over the wife's insurance tonight as i've just bought her a new car and they want just over 3 times as much as were paying at the moment.
is this a joke, no she replies it's worth more so you pay more and its a higher insurance bracket, I know but 3x more, yes sir, well it's got better security and safety features does that not count, yes sir but is still 3x the amount.
can I cancel then, yes sir i'll put you on hold for 20 minutes to the rententions team. Then when I get through to the retentions team there computers are down this is at 17.30, and although there department is open until 20.00 they won't be back up today so I can't get a price to cancel, but promised to call me back tommorow. we'll see
My car insurance went up 20% this year (just renewed), nothing changed just older and car worth less. And their renewal price was cheaper than their online (and all the confused) prices.
But still, £320 comp with business cover on a 535i ain't too bad.
tonyg2003 - MemberMy 80yr old father (no accidents in 30yrs). 1.4l Fiesta £850.
Why does that surprise you? Eyesight, reaction time, hearing deteriorate.
I've written quote calculator software*, the risk loading is something like (a rotated) inverse bell curve based upon age, which is subsequently weighted by the other factors; yearly mileage, type of car, postcode etc.
* for a company which is now no longer selling private car insurance so maybe it was not so good
brooess - Member
2 key reasons why claims are going up:
1. Whiplash claims
2. Fraud - for e.g. waiting till someone's too close and then jamming brakes on so they go into the back - then make a personal injury claim.
A broker MD told me that motor insurance is not very profitable in itself. The insurers usually invest the premiums and make money on that to make up the shortfall. Now it is harder to make money on investments, the premiums have gone up to meet the shortfall.
One significant reason that insurance is going up is that insurers are very involved in the financial markets - the financial markets are a bit crap at the minute so the premiums are going up to cover the shortfall.
Most underwriters are effectively banks or very similar financial/investment institutions.
1: make car insurance a criminal offence to avoid
2: a small number of (privately owned or publicly traded)insurers
3: ???
4: massive profits
Mine topped £200 this year, very disappointed.
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