How Come?

[conza123]

my insarnce runs out in march and ive just done some quotes for year 2 with the sr and the lowest with out looking is £945

its £3210 this year

i was wondering how come its drops so much(i aint complaining about the drop just about how much i payed for year 1)

[8valve-craig]

You PAYED £3210 to insure a car?

In my opinion even the £945 is unreasonable. Its a classic and shouldnt cost much atall to insure.

[conza123]

You PAYED £3210 to insure a car?

In my opinion even the £945 is unreasonable. Its a classic and shouldnt cost much atall to insure.

yep modern crap was more

[ASH GSI]

£3210 im shocked that really is over the top. No idea why it has gone down so much thats strange, atleast its gone down!

[Jack]

1 year NCB generally makes a massive difference, as the insurer has some history to go on.

£3k is the going rate for <19 insurance these days apparently, no idea how kids manage to pay for it - I certainly didn't have that much cash when I was 17/18 to spend (or want to spend) on a car, let alone insurance for it

[8valve-craig]

Try getting a quote off HIC, as they acknowledge my 92 Nova as a classic and with all the mods charge me around £350.

Thats with no NCB, as its in use on another policy. Agreed you are a bit younger, but definately worth a try.

[skyinsurance]

The main year of risk for insurers is that first year, but a word to the wise, the cheapest price may not be the best, a lot of insurers are guilty of selling stripped back policies which are barely worth the paper they are written on.. check what you are buying.

Ollie
Sky Insurance

http://www.skyinsurance.co.uk/car-club-insurance.html

[conza123]

The main year of risk for insurers is that first year, but a word to the wise, the cheapest price may not be the best, a lot of insurers are guilty of selling stripped back policies which are barely worth the paper they are written on.. check what you are buying.

Ollie
Sky Insurance

http://www.skyinsurance.co.uk/car-club-insurance.html

how much would club insurance be with you im 19 with 1 years ncb and car is d787nko 1.3sr

[Edd]

How the fcuk can insurance companies justify charging £3grand !!!????

That's a complete joke

Government needs to step in and stop it IMO

[conza123]

How the fcuk can insurance companies justify charging £3grand !!!????

That's a complete joke

Government needs to step in and stop it IMO

tell me about it, its 12x what i paid for the car

[skyinsurance]

how much would club insurance be with you im 19 with 1 years ncb and car is d787nko 1.3sr

Hi,

impossible to say I'm afraid, if you have a full 2 years driving experience and are looking for a quotation, feel free to get in touch.

Thank you

[Novasport]

A Classic policy would not be ideal as normally you cannot gain any NCB which is vitally important when you have none or very little.

Edd, it is extortionate but companies are taking a hell of a risk. They are insuring a very young and possibly immature person they know nothing about and has no real driving experience apart from being sat next to an instructor telling them where to go and braking for them when they are not paying attention!
Also its not what the insurance company have to pay out on the car they drive but whatever they hit, be it a person, Bugatti or even a building!
Also it gives the insured a big shock and a wake up call which will hopefully get them through the first year of driving and many more unscathed.

I think a deposit type system would be good where a sensible driver with no incident gets some of the premium back as a reward after their first year. More incentive to stay out of trouble.

[Edd]

True

BUT if you go back 16 years to when I passed my test I paid £400 to insure my Nova, inflation hasn't gone up that much to justify £3grand plus premium

Just seems like insurance companies charging what the like to me

[Jack]

16 years to when I passed my test
You old duffer lol

[Novasport]

True

BUT if you go back 16 years to when I passed my test I paid £400 to insure my Nova, inflation hasn't gone up that much to justify £3grand plus premium

Just seems like insurance companies charging what the like to me


I know what you are saying, I paid about £500 in my first year about 15 years ago.
Things have changed a bit though, companies get greedier and a massive increase in compensation claims for whiplash etc have pushed premiums up for everyone :( . I think driving standards have dramatically decreased in the last 10 years.

[ASH GSI]

I know what you are saying, I paid about £500 in my first year about 15 years ago.
Things have changed a bit though, companies get greedier and a massive increase in compensation claims for whiplash etc have pushed premiums up for everyone :( . I think driving standards have dramatically decreased in the last 10 years.


13 years ago i paid £980 for my first years insurance on a 1988 1.3 sr

[conza123]

I know what you are saying, I paid about £500 in my first year about 15 years ago.
Things have changed a bit though, companies get greedier and a massive increase in compensation claims for whiplash etc have pushed premiums up for everyone :( . I think driving standards have dramatically decreased in the last 10 years.

i think i mite claim whiplash to get some of my money back lol

[Jack]

13 years ago i paid £980 for my first years insurance on a 1988 1.3 sr
My first years insurance was on a 903cc Fiat Uno in 1999, £600 iirc. The car cost only £800 and back then my parents were like "thats crazy, its almost the value of the car" lol

I did get a quote for my sister's J reg 1.2 Nova Merit as well, as that was my other option to buy as a first car - that was about £900 to insure I think. We just laughed at the insurance company and said that was a ridiculous price lol

[Mazz]

I couldn't afford 3k insurance now, let alone when I was 17/18 :)

Well....not afford, justify!

[skyinsurance]

in 1998, aged 17, an MG metro (with a couple of mods) cost me £1300 TPFT.

The prices these days ARE expensive yes but almost comparable in my opinion.

[skyinsurance]

tell me about it, its 12x what i paid for the car

The car's value is beside the point.

[Calamity Josh]

i've done a few quotes and they've both been around the 3k mark on a D rej 1.2 2dr merit, 3k a year is still affordable (2/4 weekends work a month will pay for ir) but it's not preferable. conza who did you go with for the price you had on the sr for your first year?

[conza123]

i've done a few quotes and they've both been around the 3k mark on a D rej 1.2 2dr merit, 3k a year is still affordable (2/4 weekends work a month will pay for ir) but it's not preferable. conza who did you go with for the price you had on the sr for your first year?

swinton as they where the cheapest

thats for full comp

no restriction like not being able to use it at peak times or at night

and 8000 miles

[_Jake]

Conza & josh have you tried co op, i had them last year (first year driving) on my mk1 1.2l and payed £1300... there not on price comparison sites as far as i know

[conza123]

Conza & josh have you tried co op, i had them last year (first year driving) on my mk1 1.2l and payed £1300... there not on price comparison sites as far as i know

mine runs out in febuart anyway so no point changing this late

[_Jake]

mine runs out in febuart anyway so no point changing this late
i meant for next time round mate

[conza123]

i meant for next time round mate

im gonna next time

[Southie]

My first nova when I was 17 was a 1.0, it cost me £850 a year, a friend had a 1.3sr at the time and was paying £1300... that was 17 years ago so insurance is still as silly tbh lol

[8valve-craig]

Christ, My mk1 Nova 1.4SR was £600 @ age 17 in a rough council estate 9 years ago.