Car insurance - how much

[obi_waynne]

If you think your car insurance is high, have a read about this quote for £33,000!

http://www.bbc.co.uk/news/uk-england-manchester-12824940

 

[UtK]

'A spokesman for the AA said the high risk associated with young male drivers meant the average industry quote for a UK male aged 17 to 22 was £2,750.'

£2750 is a f****n joke, I just turned 21 and was expecting my insurance to drop a little, im a student and do work part time but i cant afford to pay tht much on top of buying and running a car.

 

[turbonutter69]

That's shocking.

 

[Big Fat Fatty]

It is, I was paying £1400 for a shed as my first car and that was third party only 8 years ago,

how do they expect youngsters to pay that or are they just pricing them/us off the road?

 

[deathstar999]

look peps Ive only been driving a year my insurance has gone from 680 to now being 1187 the price you pay for going from a vectra to my hyundai and I'm 37 years old its not how old you are its how long you have held your licence and no claims bonus

 

[T9 man]

look peps Ive only been driving a year my insurance has gone from 680 to now being 1187 the price you pay for going from a vectra to my hyundai and I'm 37 years old its not how old you are its how long you have held your licence and no claims bonus

Even so, that does seem a tad harsh!

 

[HDi fun]

Lat years renewal was a startling £370 !! I'm waiting for a scare this October

 

[old-git]

Car insurance has always been high for youngsters, nothing changes.

When I was young, MANY years ago, we went with the cheapest insurers and often third party only. A lot of my friends had to get their parents to insure their car and put them on as a main driver. Worked out cheaper in the short term but you didn't accrue NCB and the insurers didn't like it if they found out.

The quotes are higher these days but so are the salaries youngsters can earn.

 

[Massive]

i got a quote for 858 fully comp on my new clio, not i think im only 22

adrian flux are bloody useless, they avdertise rubbish like 22yo 3yrs NCB 3Points mini CooperS Fully Comp £500

i asked for a quote on a cupra R after being quoted 1100 by my current insurer and they came back with £7000, They really are specialists, IN WASTING YOUR TIME!

im ok now

 

[old-git]

i got a quote for 858 fully comp on my new clio, not i think im only 22

adrian flux are bloody useless, they avdertise s**t like 22yo 3yrs NCB 3Points mini CooperS Fully Comp £500

i asked for a quote on a cupra R after being quoted 1100 by my current insurer and they came back with £7000, They really are specialists, IN WASTING YOUR TIME!

im ok now

Horses for courses. My Robin Hood and Chevy Blazer are both with Flux as no one else could get anywhere near them.

No one else will touch the Elan. Flux have quoted £583 fully comp with a agreed value of £25,000 (albeit last year) having seen the full spec. Helps to be ancient too

Also depends on what your Post Code is.

 

[Massive]

but 7k is ridicolous even to todays standards, they are suppose to be young driver friendly :/ i live in the countryside so not exactly in a rough area where it gonna get stolen

 

[old-git]

Does seem rather excessive. Remember, though, that they are a broker, not an insurance company. I guess your particular age/car/location/etc didn't tick the right boxes with the companies they deal with. Even my wife's Astra Turbo was cheaper with AF and that is a normal car with no mods.

As usual, it always pays to shop around. I used confused.com, found the best price, went back to AF and they beat it!

The first price any insurance company/broker quotes isn't always their best.

 

[HDi fun]

That is high.

My first car cost about £200 to cover, even though I'm not quite an ancient as OG.

So in relative terms £370 now is very fair indeed given 23-24 years worth of inflation.

 

[Olley]

i had a 1.3 mk2 golf as my first car back in 2006, paid £100 for the car, and then £1600 for 3rdP,F&T insurance cover... now with 4 years no claims, and no accidents that are my fault i'm paying around 700 quid for third fire and theft on an R reg alhambra 1.9TDi....

unfortunately, the insurance companies have us by the you know whats, if we want to drive, we "have to" buy insurance. i for one wont drive a car without it.
but it's the insurance companies that push people to not buying it, by having such high prices, that then creates the knock on effect of putting premiums up for people who wont break the law!

 

[HDi fun]

The problem is exactly that, from a driver's POV. The only problem is that insurers make nothing at all on car insurance. It's a necessary evil for them. as much as it is an essential for us.

 

[Olley]

The problem is exactly that, from a driver's POV. The only problem is that insurers make nothing at all on car insurance. It's a necessary evil for them. as much as it is an essential for us.

i can't believe they make nothing... how would they survive as a business, how would they pay their employees?

i've had 5 policies that average about a £1000, and i didn't claim on any of them... so, i can understand that they have to pay out for those who do claim, but.... i can't comprehend it. too much going on. but if someone does know...

 

[HDi fun]

i can't believe they make nothing... how would they survive as a business, how would they pay their employees?

i've had 5 policies that average about a £1000, and i didn't claim on any of them... so, i can understand that they have to pay out for those who do claim, but.... i can't comprehend it. too much going on. but if someone does know...

They have to provide it otherwise the economy would grind to a halt and all the finance industry's other 'services' would be worthless to them.

There's no money in car cover at all. Look at the magnitude of claims paid out in personal injury cases and you'll see why.

 

[lutonmatt]

i am just clad that i have traders insurance now saves me loads of money a year i pay 600 odd quid a year and i can drive anything or own anything up to 10k
am lucky really as i have 5 cars on there also were i sell a few i dont have to worry about insurace when i pick the things up

 

[MasterAuron]

I payed over £4k last year between the two cars IIRC. The FRS was obviously a larger percentage of that than the Fiesta. It would be a lot less if I didn't have a fault claim which caused a loss of NCB also!

Insurance is due again on the Fiesta end of April and MOT too. The Focus has just flew through the MOT without so much as an advisory. Not bad for a 9 year old car!

 

[RobBentley]

I don't get this at all. I've never paid more than £1200 to insurance anything.

 

[HDi fun]

I don't get this at all. I've never paid more than £1200 to insurance anything.

I am wondering where these numbers come from as well, to be honest. I don't drive especially fast cars but it's not as if I'm a 1.6L type of driver either. My current hack is not a race car by anyone's standards but it's a bloody sight quicker than a MkIII Golf GTi so I don't really understand why people are getting charged 4 figure sums to insure very more modest machinery than this.

Perhaps it's time for a Torque Cars investigation for the benefit of all members. Any ideas?

 

[lutonmatt]

thin they got it as if you did a online quote most peopel only look at the cheapest quotes some look at the dear ones for a laugh and they just took it to the papers saying they quoted me this much not that he payed 1100 for it

 

[dpsubaru]

Just did a test on gocomparethemarket for myself for a brand new Evo X FQ360 GSR (which have been looking at) valued at GBP37000, so prices are, for fully comp with 5yrs NCB, starting at GBP495 to the highest at GBP2441, this was from a total of 46 different insurance companies.

with this cost of insurance is seriously making me consider going ahead to order one (although being frugal am trying to pick up something similar, but a couple of years older, 2nd hand).

 

[dpsubaru]

as a quick comparision, used the sme webiste for the car i currently have, a 2004 Impreza, and its has give rates of )keeping all other details the same except the car) of GBP475 to gbp1851. So for 20 quid more i can insure a car with over 1.5 times the power and valued at over 4 times as much??
(FYI: the company that gave the lowest quote on the Evo was quoting GBP491 for the Scooby).
really seems to be a bit of pot luck!

 

[MasterAuron]

It's not a pot of luck, more the statistics. Subaru Imprezas and the older, cheaper Evos are notorious for being stolen, smashed up, raced around etc and it shows in the insurance prices.

A new Evo X will no doubt have a higher safety rating too, which also contributes. You are more likely to take care of a brand new £40k car than you are an old £200 beater. All these little things make a difference.

 

[aswearing]

First car was a 1.0l corsa B, and paid over 2000. Last year for the micra was 3400 and this year is 2000. All in all I've spent over £10,000 on insurance and I haven't even turned 21.

I could pay off all of my student fees with that :amuse:

 

[HDi fun]

First car was a 1.0l corsa B, and paid over 2000. Last year for the micra was 3400 and this year is 2000. All in all I've spent over £10,000 on insurance and I haven't even turned 21.

I could pay off all of my student fees with that :amuse:

Put in those terms the prices are clearly too high. I've not forked out £10k in insurance in total over the 24 years since I started driving.