Stupid Car Insurance!!

[SiPMerlin150]

Ok i Admit it, I'm a 'young lad' 24 years of age....not the most attractive age or gender to car insurance companies. Except i have 6 years no claims and a license for 5 years ( I bought and insured a car whilst i was on a provisional licence for a year)

I've had a few cars,

1996 1.2 corsa - Became bored and was tired car,
1999 1.7 corsa - again, became bored with it,
1988 volvo 740 saloon (2.3 turbo) - Loved it, sadly missed and sold onto a collector, due to a massive hike with renewal quotes.

I really didn't want to part with my loved volvo, £350 it had original 43,000 miles and was in very good shape, hence why i sold it to a collector! It was powerful, but i drive like an old man

I know have a 1996 ford fiesta and last year it cost me £987 fully comp.
Well, guess what? Renewal time and its now looking like £1,300...

6 years no claims, not a single speeding ticket or bumps.

My boss has a 1985 bmw 316 stashed away that has been off the road for 5 years, with nothing wrong with it apart from needing a small amount of welding. It has full bmw history and only sports 59,000 miles with 2 owners from new. £250 Is all he is asking for it..... Great!

Only the insurance is £1700 for it!!!! Its only a 1.8!!

As if i'm going to be hand brake turning and doing donuts and taking every other driver on a drag race from the lights in a 27 year old car.... Insurance really needs to tailor quotes to each individual....

 

[rtbcomp]

Do Norwich Union still do that scheme where they put a tracker in your car and charge you by how and where you drive?

A car that age may qualify for classic car insurance.

 

[Paul.]

It seems like a lot of money, my oldest son is the same age with the same history as you and pays Admiral £450 fully comp for a 2005 1.8 ford focus., that includes class A business use as well,

 

[hotrodder]

Living in Manchester ain't gonna help... http://www.carinsuranceexplained.com/car-insurance-explained/car-insurance-postcode-risk-list.html

 

[Country Joe]

I feel your pain! (but not quite so badly!)
I had to re-insure mine only yesterday. Ended up doing it through some "Volkzone" deal. (no, not the shielding gas deal!)

When I was young, they used to say "it'll go down when you're 18", then when I got to 18, they said "it goes down loads, when you get to 25" Around that time I remember people of over 40, bragging how "they almost paid you, once you get to 40, as it reduces almost to nothing!"
I was all lies, though! All of those age milestones came & went ages ago, and it still feels like a proper rip-off.
Another legend that used to float around was that "if you don't make a claim, then the next year, it went down" assuming nothing had changed. More lies!

Oddly, car insurance seems to have overtaken bike insurance prices - I can insure a Yamaha Fazer 1000, for half the amount of the car. The car is a VW Golf V6 4-Motion, but I drive like an old man too! I've got 7 years No-claims, but I don't think that makes any difference, these days, 'cos all those "going down" rumours, weren't rumours, they were lies! There was only about £30 difference between third party fire & theft, and fully comp, which was £341.
One outfit wouldn't insure as it didn't have a tracker, not come across that one before, either
I'm no spring chicken either - much closer to "the box" than the play-pen, if you know what I mean. And I live out in the sticks, too!

Shot out for some milk, just after changing insurers and Mrs Joe is going on about how the new insurance doesn't cover wind-screens. About 30 seconds later, a quarry-lorry puts a sizeable rock into the middle of the screen.
In fact, lots of bad things seemed to happen yesterday. So much so, that buying insurance almost seemed to be the "happy highlight" of the day!
Hey-ho, another few weeks, and I'll be eating again, though.
All the Best,
CJ

 

[SiPMerlin150]

Do Norwich Union still do that scheme where they put a tracker in your car and charge you by how and where you drive?

A car that age may qualify for classic car insurance.

It certainly does qualify..... They want £3k though

Most of the time, unless the car is 5 years or younger, they deem the 'black box' worth more than the car it would be going in. Besides, i don't like the feeling of the potential that someone is spying on me. I've got nowt to hide, but i think in these days 'big brother' is watching us all too closely.

 

[SiPMerlin150]

Did windscreen cover not sort you out? Thats something i've only really insisted on getting once i found out that the back window in my volvo was going to cost £780!!! (finally got it supplied and fitted for £270 though)

Hopefully those days are way too far and way between to let them stress you out too much.

 

[SiPMerlin150]

Living in Manchester ain't gonna help... http://www.carinsuranceexplained.com/car-insurance-explained/car-insurance-postcode-risk-list.html

yeah..unlucky aren't i? I got a fully comp quote from an insurer in australia, since i'll be moving out there with my partner (she's from there)...came back as £85!

 

[CompoSimmonite]

I've got 3 policies. All have risen this year despite me being "mature" retired Civil Servant with full no claims against each policy, no accidents, no licence points, low risk rual area, sensible / low group vehicles (Smart Fortwo, Skoda Fabia 1.4 diesel and Peugeot van being converted to camper).
I tried various comparison web sites but couldn't get any reduction in premium to justify changing companies so just accept that insurance has simply got dearer

paul h

 

[tigler]

It's all a scam, the large underwriters have just decided to charge more to offset losses in other area's.

 

[W4yne]

I have been with L&V (the Liverpudlians Victorious?) for the last five year's, they always seem to come up trumps each year when I do a search through the various search engines, however when you get the renewal notice mine had hiked £50, they nearly always do this thinking that you will eccept the quote. It's the older generation that don't have access to a PC I feel sorry for, a quick search again and the same company comes up again cheaper than my renewal notice, they can never give me an answer when I get on the phone to them, however they do match the price! "be it with themselves?"

 

[davidsuffolk]

Some practical things you can do to reduce the cost.
1. Add an old person as a named driver even though they will never drive it.
2. Put your excess as high as you can afford.
3. Join a one make car club and use their insurer. Footman James is one of the biggest and normally competitive.
4. Look at specialist insurers who advertise in motoring magazines
5. If you live in a high risk area see if a tracker or high spec alarm reduces prices.
6 Get an IAM or ROSPA qualification as that should reduce any premium.
7. Use all the comparison sites as there may be different companies on the panel.

 

[naughtyboy]

try footman james.
nephew 21 as his s3 landy with them fully comp 450 a year, with all extras listed like spots bullbar, even listed his inverter.

 

[Shox Dr]

Some practical things you can do to reduce the cost.
6 Get an IAM or ROSPA qualification as that should reduce any premium.
7. Use all the comparison sites as there may be different companies on the panel.

Be aware you have to pay a yearly subscription to be a member of such Driving "institution's" often costing more than the discount received on insurance.

Also there really is only one of them the insurance companies recognise.


It's also worth noting nearly all the comparison web sites are owned by insurance brokers, and or insurance companies that use different names to target different groups of people.

That's why Direct line are not on any. As they are a stand alone.

So make sure you get quotes from as many as you can, a pain in the 'arris I know but you only have to do it once a yr

 

[Engineer1964]

Try all the comparision sites and get your quotes, Direct line quoted me £889 for a discovery 2 and i found a cheaper one fully comp for £269.

It does pay to spend a bit of time searching and registering on Price comparision sites. Getting an older named driver added may lower your premiums. Also don't be too keen to over estimate your cars value.

Also... Don't forget to take off any extras that seem to get added on, Legal cover, Recovery etc...

I saved over £600 by spending a bit of time looking

 

[down the shed]

When I first passed my test, it was £1400 a year for a 1.4 Rover 400. I had been looking at a MGB at the same time and that was going to be £550 with classic insurance doing up to 12000 miles a year.

I would recomend getting something you can get classic insurance for that is going to be easy to run - perhaps a mini.

I also looked at getting a Sierra Cosworth when I lived in Hampshire - quote was around £300 for there, got a quote after moving to Tyneside and it was £800, so it makes hell of a difference where you are.

My Wife passed her test last year and has been kicking around in a Corsa for a couple of months that her brother hand lent her. She wanted her own, newer car and got a Volvo C30 T5. The insurance was quite a bit...

Best tip I can give is only stay with a company for 2 years - have seen it so many times that the company things they have you hooked and you cannot be botherd to shop around after that time and increases your premiums.

 

[mike os]

bottom line is all insurance companies are robbing barstuards ( polite version)... treat them as such

51, married, homeowner, 2001 passat estate, 130 SE tdi (work car), driven since 17, 1 accident/claim in 1983, no points or convictions since 3 for without due care in '83

my renewal had doubled... wanted nearly £500

Paid just over £200 with the same underwriter from an online site

some things just annoy a lot

 

[madkayaker]

Must be doing something right then. £190 full comp for the Landy with business and the misses driving

 

[BrokenBiker]

im 21, passed test at 18, have full unrestricted bike license since 17, drive p reg corsa diesel 1.7. cheapest i could get was 1800 a year tpft

put my missus on, she is 20, 2 years driving, no bike licence, and had a claim of 6 grand against her, even though we were both in a parked car with no ignition on, and an unisured girl drove into us.

anyway, i added her as named driver, and it dropped from 1800 to 1200

doesnt make sense

 

[mike os]

... also had legal, NCD and breakdown included....