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What is going on with insurance!?

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Old 10 April 2011, 08:45 PM
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WRX-DAN
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Default What is going on with insurance!?

My insurance is up end of this month and i cannot get any quotes for less then £1500! When i got the car in febuary i checked what my insurance for a year would be and got a couple of quotes for >£800 but now its almost double!

Any 24 year olds out there with a 2001 wrx what do you pay? I have 7 years no claims too
Old 10 April 2011, 08:51 PM
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christ!

drivers are getting shafted in every possible orifice atm :|

i darent look at mine, but ive got till feb 2012 for them to sort it out (or get worse)
im 31 with a Sti and about 9 years ncb, was 700quid back in feb 2011 for me
Old 10 April 2011, 08:52 PM
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Moley
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£1500 at 24 is very much 'the norm' (that's what i paid, all be it a while ago)

Maybe the companies quoting £800 realised they were too cheap.
Old 10 April 2011, 10:02 PM
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Based on this i've just done another quote on Go Compare to test the water on my STI and Admiral have come in at £950, my specialist have quoted £850 so personally i'm not too concerned. I bet it all goes up before June though when I need to renew!
Old 10 April 2011, 10:15 PM
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think yourself lucky my quote came in today from Kwik-Fit £3276 ... ive been with them 2yrs now 1st year was £956 2nd was £1325

im 25 with 5yrs NCB lol ...
Old 10 April 2011, 10:21 PM
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I just looked for a quote, 24 with 6 years NCB.

£1286.23

Now couple that with a second car, Toyota Aygo 1.0, and the quote is, for both cars.

£1032.36

Hilarity ensues....

Last edited by CREWJ; 10 April 2011 at 10:26 PM.
Old 10 April 2011, 11:12 PM
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Another reason why im tracking my car, insurance has gone stupid i have just finished mine on a turbo 2000 40yrs old full ncb still paid £500 with the AA how you young uns cope i do not know with fuel costs and higher than normal insurance is beyond me.

i know my next car is going to be a tractor to pull a trailor and have been quoted £280 fully comp on a discovery.
Old 11 April 2011, 04:10 AM
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I am 25, 5 years NCB, my WR1 (315bhp) is £1045 to insure with Admiral. although, got plenty of quotes around the £2.5k-3k mark at first, which nearly put me off buying one!

some tips:
- I have always been with admiral or bell. they are part of the same company, and seem to do well for younger drivers (although are crap if you have mods).
- Do you have access to another car? I am required to drive another car while at work from time to time so I tick this box on the insurance application form.
- Add parents etc. on to insurance as named drivers. I have a friend that adds his girlfriend, which takes his premium down, however, beware that female insurance is rising this year to match the same price as males.
- Get a garage. Sometimes it works out MUCH cheaper to rent a garage yearly than to pay the extra on a premium to keep the car on a drive or street.
Old 11 April 2011, 02:05 PM
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Last time I was looking I checked between "parked on drive" and "garaged" and made no difference whatsoever. And with the latter Id assume you have to always park it in the garage when at the home address.
Old 11 April 2011, 02:12 PM
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Originally Posted by P1Fanatic
Last time I was looking I checked between "parked on drive" and "garaged" and made no difference whatsoever. And with the latter Id assume you have to always park it in the garage when at the home address.
depends where you live, or how much you pay already mate. I found there was no difference between having my tracker activated or not activated. weird eh? got it on anyway...
Old 11 April 2011, 03:19 PM
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I would love so much to see every major uk insurance company go under financially. They are all a disgrace, ripping off every single individual who wants insurance. The whole ethos of insurance is you pay a premium, and in the event of a claim, they pay for it! Thats insurance. So where on earth do the disgustingly inflated excess figures come from? If you need to pay a SECOND charge, (excess), then there is no point paying the first charg, the insurance premium. 2 million uninsured drivers in the uk is not my problem (or yours!)
Old 11 April 2011, 03:27 PM
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Originally Posted by Loco
I am 25, 5 years NCB, my WR1 (315bhp) is £1045 to insure with Admiral. although, got plenty of quotes around the £2.5k-3k mark at first, which nearly put me off buying one!
That's weird, I'm 33 with 6 yrs no claims and Admiral wanted £1k from me and I live in a half decent area.

Anyway, Direct line quoted £376 for the Bug WRX so they got the business.
Old 11 April 2011, 03:53 PM
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I keep reading these threads and thinking I'll be selling up soon, hardly use my car and certainly won't entertain a grand for insurance.

After reading this thread yesterday I bit the bullet and did an online quote, amazingly it came out pretty cheap. If it's the same come renewal time I'll be holding on a while longer.
Old 11 April 2011, 03:58 PM
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I am 26yrs old with 5 years NCB, 06 hawkeye STi (450bhp) all mods declared and I just got charged £800 from Gary at Keith Michaels.

It was more than reasonable in the currently climate!
Old 11 April 2011, 08:15 PM
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Maybe i should try some specialst insurance companies. I really dont want to give in and sell as i really enjoy the car and i have only had it for 2 months but with super being £1.37/ltr and my insurance i cant justify having a car that costs me so much to run when i only drive 250 miles a month. I doubt i will be able to find insurance for less then £1k which has to be my limit
Old 11 April 2011, 08:19 PM
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Originally Posted by 14N-FR
I am 26yrs old with 5 years NCB, 06 hawkeye STi (450bhp) all mods declared and I just got charged £800 from Gary at Keith Michaels.

It was more than reasonable in the currently climate!
Bloody hell i think thats a great price,

Im certainly going to be ringing up Gary for a quote come renewal time, Im 25 6 yrs NCB, 03 Wrx with mods £720ish with Bell
Old 11 April 2011, 08:27 PM
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well i got my daughters renewal today fiat punto i years claims bonus was 1200 lst year this year 3500 lol cheapest i can get is 1500 fookin joke
Old 11 April 2011, 09:49 PM
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on my last scoob a few years ago i paid just over £600fc, on an Astra VXR i paid around £500fc, Focus ST was around £550 and on my current Mini Cooper i pay £515 - doesn't seem to matter what group the car is in these days they just magic up a figure

I bought the Mini for cheap running costs - so much for that
Old 11 April 2011, 09:55 PM
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This reminds me I should of had my renewal through!!

My insurance runs out on the 20th. It was £700 last year I'm 27, live in Reading with a standard blob wrx
Old 11 April 2011, 10:01 PM
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Originally Posted by GREGGYG
I would love so much to see every major uk insurance company go under financially. They are all a disgrace, ripping off every single individual who wants insurance. The whole ethos of insurance is you pay a premium, and in the event of a claim, they pay for it! Thats insurance. So where on earth do the disgustingly inflated excess figures come from? If you need to pay a SECOND charge, (excess), then there is no point paying the first charg, the insurance premium. 2 million uninsured drivers in the uk is not my problem (or yours!)
...... untill you have a claim, and the insurers pay for the damage YOU caused, then you'll be glad you had it.
Old 11 April 2011, 10:02 PM
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insurance isnt too bad just got a great quote from moley for an rb320

£725 im 31
Old 11 April 2011, 10:06 PM
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We're finding performance cars (ie Subaru/Evo's) aren't really going up much at all, it's the other cars that are increasing..... especially 4x4's.

We see where the problems are, and by avoiding certain risks (mainly postcode and driving experience related) we can make sure the insurers don't loose much money, so any increases are minimal.

Last edited by Moley; 11 April 2011 at 10:08 PM.
Old 11 April 2011, 10:28 PM
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Originally Posted by Moley_WRX
We're finding performance cars (ie Subaru/Evo's) aren't really going up much at all, it's the other cars that are increasing..... especially 4x4's.

We see where the problems are, and by avoiding certain risks (mainly postcode and driving experience related) we can make sure the insurers don't loose much money, so any increases are minimal.
Pm sent
Old 12 April 2011, 12:11 AM
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23 yrs old, 4 years NCB, modified 2003 sti and i pay £2008... Better than the £9368 i paid on it when i was twenty!
Old 12 April 2011, 01:44 AM
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Originally Posted by TH3_5T1G
23 yrs old, 4 years NCB, modified 2003 sti and i pay £2008... Better than the £9368 i paid on it when i was twenty!
£9k? for insurance????
Old 12 April 2011, 09:05 AM
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This is why we had to sell our ra insurance for us was under a grand and I'd only been driving seven months and 21 my partner was 23 with four years ncb. This was with Quinn but we have found admiral to be close to quinns cheap quotes. But the renewal came back double and when we looking around it was quotes of over 2 grand! Not happy bunnies to say the least but what can you do? It's the law. Good luck to everyone now insurance has or is raising up to 30% this year!!!!! Like to see how long this madness can last. Insurance companies are mad and many in my eyes are daylight robbers!!
Old 12 April 2011, 09:30 AM
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Human beings are being priced off the road by even greedier human beings.......its called capatalism
Old 12 April 2011, 09:40 AM
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Originally Posted by Moley_WRX
We're finding performance cars (ie Subaru/Evo's) aren't really going up much at all, it's the other cars that are increasing..... especially 4x4's.

We see where the problems are, and by avoiding certain risks (mainly postcode and driving experience related) we can make sure the insurers don't loose much money, so any increases are minimal.
That's good to hear, I'm very lucky I live in a good postcode area,

I have 6 years no claims bonus but accident back in nov 09 due to other driver at fault hopefully won't effect me much
Old 12 April 2011, 09:43 AM
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When i started driving, many years ago, there was no such thing as excess. And the point of having 'insurance' is they pay for the damage, irrrespective of who caused it, you or the third party. That is why its called fully comprehensive! There should be zero excess on a fully comp policy.
Old 12 April 2011, 09:45 AM
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Originally Posted by TH3_5T1G
23 yrs old, 4 years NCB, modified 2003 sti and i pay £2008... Better than the £9368 i paid on it when i was twenty!


I'd never pay that much for insurance.


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