Landrover Defender (1991year) agreed value of £7500, no NCD due to it being 2nd car, breakdown cover.
£202 fully comp. Was £146 last year but on market value and no breakdown cover.
Chat Forum
Oh it's depressing - Car insurance
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Posted 11 months ago #
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As a 20yo male in a 1l Yaris, I'm looking at about £1k last time I checked.
Posted 11 months ago # -
Go on, give me some perspective.
£190 - 40, full protected NCD, big 110bhp (quoted - probably nearer 80bhp now) but old and fairly worthless car. 3pts for speeding. I suspect that wasn't the perspective you were after
what they don't understand is, the more they put the cost up.... the more young people will drive uninsured.
So you're suggesting they should charge these young drivers less than it costs them in claims?
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.
How far does he have to travel to work? Why can't he cycle? You do realise your mate is part of the problem, not part of the solution (and no matter how carefully he drives, it's pretty hard to avoid the ANPR - come to that how does he manage to tax it?)Posted 11 months ago # -
£2000/year is £40/week. A 37.5 hour week at minimum wage is £200 take home. The bloke presumably lives at home, so unless his folks are stiffing him for rent I reckon he can afford to insure his car. And if they are, he should move out
Posted 11 months ago # -
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
How do you get that idea? Insurance is a very competitive market. The phone book is full of insurance companies and insurance brokers. Even if a few different brands are owned by a couple of the same companies, it's not a good market to run a cartel in.Maybe insurance is expensive because insuring is expensive? Just a thought.
Posted 11 months ago # -
Lad at work has had a nightmare getting his type r civic insured. He's 40 this year, has 18yrs without a claim. His renewal went up 200 quid, he shopped around and most insurance were coming in at over a grand. Think he got it down to 700 in the end
Posted 11 months ago # -
I once did some work for an insurer, and the chief exec told me one of the main reasons why car insurance has not been very profitable across the industry for the past few years was personal injury claims. I think as a rule car insurance is now more profitable presumably because premia are up.
I am pretty sure it's not a cartel just because it's compulsory - so is food and not sure the supermarkets are cartels either. The reason they are all hiking prices at the same time is that they all face the same risk ie you crashing your car and the same inflated claims that go with it.
Posted 11 months ago # -
~MRS T-R 24 with 1 years ncb = 500 quid third party on a T reg 1.5 mazda 323 (the worst car ive ever had the misfortune to drive)
add me - 25 with 3 years NCB = 250 fully comp
me on my own same car = 150 quid
my van - , 1.9 D = 600 on my own , but 398 with her added.
madness.
never mind if she gets the job near my work next year we shall be scaling it down to 1 car (well actually we already have as her 323 went to the scrappy at the weekend bag of shite ! )
Posted 11 months ago # -
I'm more depressed about the fact that me and the wife can both insure through Saga now, £200 for fully comp on a new Yaris diesel though
Posted 11 months ago # -
Posted 11 months ago #
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are people aware that insurance companies charge solictors a referall fee (on average over £500) to deal with PI claims - its a nice revenue stream for them.
government has reformed claims process in april last year and solictors costs are vastly reduced and fixed on all claims under £10,000 ( which probably covers about 85% of all claims. no pure whiplash claim is worth more than £4500/500 (and rarely are they this high))
Uninsured drivers are a MASSIVE problem and the MIB who deal with such claims are funded by other law abiding drivers via their inurance premium.
Fraudulent claims are not as widespread as people percieve.
Young drivers end up in some of the most horrific claims we see. Speed usually an issue , rolling cars , numbers of passengers. Pensioners also involved in a number of accidents but usually less 'exciting' claims and down to them 'not seeing stuff'.
I am sure the motor element of the insurers business props up other less profitable areas of the company.
Large repairers are ususally nailed down on low labour rates (volume work) so I doubt thats an issue.
Credit hire is another massive problem which has come to the fore again.
Posted 11 months ago # -
my best quotes have always been with Swift, and Elephant.
sure they may not be quite as helpful in a bump, but they cost loads less.
also, putting my mum on my insurance pulls it down a fair few hundred quid!
i dont think she even knows she is on it, but its perfectly legal.Girl friend bumps it up 17 quid :s
Posted 11 months ago # -
Just to illustrate the oddity of premium setting. 18 year old Sandwich Junior was quoted £1300 for no NCD if he passed his test, he duly failed but was insured with Admiral on a multicar policy as a learner for a month while we waited for a March re-test. On passing his test the premium was £1k with his mum as a named driver.
Posted 11 months ago # -
Just got the wife's renewal through too; £435 last year, £560 this year...
Posted 11 months ago # -
Got mine through last month: £420 full on a 9 year old yaris with 9+ years NCD. Direct line. Got it for £200 from the AA.
Interestingly enough I was in the other half's car last year and it got bumped. Slightly. We now keep getting automated calls about compensation due to us. Lawyers chasing after fees that are causing my premiums to go up each year. Gits!
Posted 11 months ago # -
I can't believe some of the prices and situations quoted here.
I'm 31 with just 1 years ncb, got a 2.5L V6 twin turbo uber-estate, 300-odd horsepower, modifications declared, looks like it's worth nicking, I live in one of the less salubrious postcodes of Edinburgh, I've got an SP30 and 2 years ago had an own-fault crash that ended up being an insurance write-off, and yet my insurance is £528 fully comp. Down from about £700 last year. Granted, the renewal was £800-somthing, but like beej I just gave them the online quote reference from their own website with the low price and that was that. How can I get such a deal, and yet Mr 40 year old, 18 years claim-free with a CTR can't get under £700?
Elephant.co.uk by the way.
Posted 11 months ago # -
I'm 36 and only passed my test last year, was getting silly quotes too,Spent 3 days on the web solid checking out all the companies and sites but I ended up going with A-plan as they were a fraction of the price of everyone else,£39 a month for my Ka, my girl was with quickfit for 5 years and had full no claims and was being quoted £680 for her 52 plate focus, went to A-plan too and got it for £300.
Hope this helps.
Posted 11 months ago #
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