ok this is mad! I know its insurance but whats going on!
28 May 2004, 07:16 PM
#1
Scooby Regular
Thread Starter
Join Date: Jun 2003
Location: Some say he has frost on his helmet...
Posts: 2,970
Likes: 0
Received 0 Likes
on
0 Posts
ok this is mad! I know its insurance but whats going on!
Time to renew the dreaded insurance...
with tesco at the mo so thought i'd give direct line a go...
STI MY03
result=£ 1204... mmmmmm
WR1 = £984.90
WTF is going on... its the same fkin car...
Insurance companies... rule unto there own...
with tesco at the mo so thought i'd give direct line a go...
STI MY03
result=£ 1204... mmmmmm
WR1 = £984.90
WTF is going on... its the same fkin car...
Insurance companies... rule unto there own...
28 May 2004, 08:23 PM
#2
Former Sponsor
Don't quote me but I rekon it's due to the unknown quantity theory, my brother got an rs focus as we know 2.0 turbo but only paid £450 a year fully comp but when renewing his policy it had risen to £1050!!! They told him that now the car had been around for a year they have dealt with lots of people crashing so the policies will go up, they are just that stupid they don't class the wr1 in the same league as an sti8...............yet!
or I could just be totally wrong!!
or I could just be totally wrong!!
28 May 2004, 08:30 PM
#3
Scooby Regular
Join Date: Apr 2004
Posts: 59
Likes: 0
Received 0 Likes
on
0 Posts
With insurance, one of the contributing factors is risk.
As the WR1 is a new car the risk can only be predicted but not known.
When 10 or 20 WR1s have been stolen or totalled the premiums will start to rise, the insurance companies will know the risk level involved.
As the WR1 is a new car the risk can only be predicted but not known.
When 10 or 20 WR1s have been stolen or totalled the premiums will start to rise, the insurance companies will know the risk level involved.
29 May 2004, 07:25 AM
#6
Scooby Regular
iTrader: (1)
Join Date: Jan 1999
Location: UK
Posts: 15,271
Likes: 0
Received 0 Likes
on
0 Posts
I predict a MASSIVE rise in premiums at renewal from Liverpool Victoria over the next year.
They are currently being selected against like mad (taking on all the risks other insurers won't, at least not at standard price).
They will not want to continue doing it!
Rannoch
They are currently being selected against like mad (taking on all the risks other insurers won't, at least not at standard price).
They will not want to continue doing it!
Rannoch
Trending Topics
29 May 2004, 08:34 AM
#8
Scooby Regular
Join Date: Jan 2002
Location: Herts
Posts: 1,125
Likes: 0
Received 0 Likes
on
0 Posts
They told him that now the car had been around for a year they have dealt with lots of people crashing so the policies will go up
29 May 2004, 10:20 AM
#10
Former Sponsor
Originally Posted by elgordano
So are they saying that they set the insurance cost soley on the car and not on the driver !!
as I said before I could be wrong!!!
29 May 2004, 12:12 PM
#11
Scooby Regular
Join Date: Apr 2003
Location: Location: Location:
Posts: 1,097
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Dazza's-STi
STI MY03 result=£ 1204... mmmmmm
WR1 = £984.90
WTF is going on... its the same fkin car...
WR1 = £984.90
WTF is going on... its the same fkin car...
Thread
Thread Starter
Forum
Replies
Last Post