Rave Dave D

im 22 with a 52 bugeye sti uk and my insurance is due. £738 fc with 2 ncb and a claim. £829 if i declair my points but its been more than 3 years. do u still have to declair them??

d4ve_h4y

whos that with?

scoobykevuk

22 with one year nc and one accident (no fault) £1117 fully comp!!! 95 uk turbo 2000

stew911

got 95 wrx import, am 31 and pay just over £900.

Moley

iTrader: (9)

Who is that from?
I am paying the same on a £5000 WRX at 26 (although i do have 7 points), but 8 years NCB

Stiver3

21 STi Version 3..... Free Insurance....

Under Traders Policy... Dads Company...

banny sti

iTrader: (68)

sti v3 23 4 years ncb, 3 points £1500 fully comp

GazJenno

I was 17 when i got my 1993 WRX! less than £500 per year!

Its 100% legal and they know exatly what the car is as they get the details from the log book so you cant hide anything there incase you thought some foul play was going on. Im 18 now still have the same deal.

Also got insured on a Leggy Twin-Turbo and Lexus LS 400. Im now 18 and stil have the Impreza. Think I was the youngest WRX owner and still might be!

Moley

iTrader: (9)

So tell us all then, how did you do it?

If it was a traders policy does that mean you are a motor trader?

SC008Y

I heard about that policy aswell, its going around in the area now. You pay the so called company around 500 and the will put you up in the computer system that your car is insured so it is suppose to be all legal. But you will be responsible for 3rd partie

Daniel-S

Interesting read guysLooks like i'll be in sooner then i thought

GazJenno

well it's sort of like that, my dad owned a garage for years then moved on to a different business and im a partner and i get all the lovely benifits

Moley

iTrader: (9)

Lol, wouldn't fancy trying to claim on that policy though!!!

Moley

iTrader: (9)

Haven't heard about that, but sounds VERY dodgy!!!!

Also, even if it does work, in 5 years time you will have 0 ncb, so will still end up paying lots in insurance

GazJenno

why wouldnt you like trying to claim on my policy?

everythings legal, im a named driver, its full comp.

SC008Y

You would be really F***** if you were to run someone over

Moley

iTrader: (9)

Its not me you need to convince, its the insurers!!!!

Have seen examples of this in the past, and believe me it isn't the way to do things.

Moley

iTrader: (9)

2 recent examples i know of......

A friend of mine had a RX7 and dispite me telling him not to he insured it under his dad's trade policy (he felt he knew best). 3 months later he wrote the car off, and suprise suprise didn't get a penny, and lost a £6000 car.
Don't know the exact reason the insurer used to to pay out, as it obviously wasn't me who insured it.

Onother example, a 18 year old insured his Clio 172 on the family fleet policy and crashed it. That did get paid out for (somehow ), but now his family are screwed, as the policy they had lost all their NCB and the price has gone through the roof. His family are now paying a fortune to insure the cars, and he had to cheek to ask why we would refuse to quote him.
Again i dunno who he was insured through, but he is now regretting it (as are his family)

We have calls all the time from youngsters wanting trade policies, and the first thing we ask is ''so are you a trader?'' When the answer is no they wonder why we refuse to take the conversation any further.

People abusing the system is ruining it for everyone, as very soon most traders will have to submit VAT reciepts for a minimum of 10 sales to prove they are actually trading.

If you can't afford to insure an Impreza properly then don't buy one, it's as simple as that

New_scooby_04

iTrader: (4)

Word!!!

At the end of the day there are 30+ year olds with good driving records paying the best paying well over £500 to insure these type of cars (and not because they haven't shopped around for a good deal) but rather because they've accepted that they drive a car in a high insurance group and must therefore pay a premium. If you're a youngster and are lucky enough to be able to afford a Scooby, you have to accpet the associated costs; there are no two ways about it!!

Ns04

scooby_matt

I was under the impression that these actions were in place already with most trade policies.

Rave Dave D

Elephant.co.uk

bell.co.uk is almost the same but they are both admiral and they are ****e for a quote.

GazJenno

In reply to the people who think its not a good idea to do what im doing.

I am an official partner in the business and we are trading and do alot of it. any insurance comapny is gonna be a pain to get money out of thats why they make so much money them selfs. They know that i use the car and they know everything about me, i hav done everything they asked so i dont feel i would even have a problem.

and secondly i dont drive like an idiot and im not an idiot which you might find hard to believe because of my age. I have been driving cars since i was 11 (not on the road untill i past my driving test of course) and i have probably driven more cars and other vehicles for that matter than most of you had by my age.

and to conclude, i dont exactly have to justify what scheme i use and it doesnt make much difference to me what any of you want to say about it, i am not cheating any one and im not being stupid about it. If it wasnt a very good idea then my dad wouldnt let me do it either.

trigger3663

I'm 22 just got a 98 classic, 3 years ncd, and 6 points.

£1300 fully comp. but thats in a garage OVER NIGHT.
AND ITS WELL WORTH IT.....

Moley

iTrader: (9)

Thats just what my friend said....before he lost his £6000 car

scooby03250

I had my first impreza turbo classic (R plate) when I was 21 I had 3 years no claims and direct line wanted £580 fully com. Im now 27 with a 03WRX and privailege want £487 fully com (thats with exhaust mods and 18s)

Mark1983

iTrader: (2)

Any ideas (roughly) what a 23yr old, 3NCB, 0 points, decent area would be paying on an 05 STI (maybe with PPP)?

hojkoff

A while ago the people next door to me moved away. I didn't think much off it at the time but when me and my got talking about the reasons it all became very clear. It turned out that the guy living there with his wife and kids had been knocked of his bike and was paralysed from the neck down. He can't do anything for himself. He sued the driver of the car for £14 million and won. The insurance company picked his car and his driver’s license to bits looking for any undeclared mods or points. They even asked for his old MOT certificates to confirm his declared yearly mileage. In the end there was nothing he'd done wrong and the insurance company were forced to pay out.

Need I say anymore? The driver of the car wasn't driving rage, he just pulled out of a junction and didn't see the cyclist in the dark. You don't need to be doing something stupid to have an accident and I wouldn't want to be the one to pay the damages after any collision..

Moley

iTrader: (9)

£14 million? Are you sure???

So what if they had found an un-disclosed mod then. Or as some of the above - could prove that it was a youngster insuring his car under his parents policy.

Surely your example above should just prove how important it is to insure your car properly!!!!! (if it is your car then insure it under your name)

hojkoff

I'm 100% positive it was 14 million. Think about it though, that money isn't just for him to look at in his bank account and make him feel better,

1. He was in a high paid job so he needed compensated for that, as there was no way he could work ever again.

2. He needs to pay for care workers 24 hours a day, 365 days of the year. That’s not going to be cheap.

3. He needs a bigger 1 story house (no stairs) with all sorts of hand rails, wheel chair access etc etc,

4. A custom people carrier for his wheel chair to get into plus a chauffer to drive him around everywhere.

The list of needs he has goes on and on and he's not going to pay it himself.

If they found undisclosed mods or points they wound have had an excuse (any excuse) to invalidate his policy and leave the compensation sum up to the driver.

This is the argument that I had with my dad when I was looking to insure my 1st car. He said that because of this case that he knew about he wouldn’t say he was the main driver of my car and add me to the policy. I was livid because my insurance quote rocketed as you can image. A few maturing years down the line and I can see that he has a point.

1. I start to build up my own NCB which I'll need when I'm 23 as I want to be driving a P1 by then

2. More importantly, he said he wouldn't lie in court if it came to it. If he were found to be lying under oath he'd get done for perverting the course of justice. Which I'm sure you all know is a VERY serious crime. The policy would be invalidated, I'd have to pay any big claim, and my dad would lose his job. Not something I want over my head.

EXACTLY!

chocolate_o_brian

iTrader: (22)

im 21 passed my test in march (3 months ago) got a 95 wrx now, and i pay £2200 fully comp through screentrade.