Are postcodes treated the same by all ins. co's?

[Bes]

Hi

I am looking at moving soon, and need to sort my car insurance now. As I don't know the postcode I will be moving to yet, I am just wondering if I can expect a uniform change no matter which co I go with now? or do different insurance companies apply different rates? e.g I am almost certain my car will no longer be garaged at the new address and it is likely to be more expensive.

Thanks

 

[peterattheboro]

Simple answer. No.

 

[Firestar_3x]

Each postcode has a risk index associated with it, if each insurance company uses this risk rating or not i'm not sure.

 

[TheKnat]

I used to work for an insurance company and the system they used to give out quotes was programmed with each individual post code and the rate associated with it.

I also just moved house to a street literally 2 away from my old one and my insurance went up as a result . It must be based on previous claims as there isn't anything different between them that I can see.

 

[Bes]

Thanks- so just to clarify I mean that will all insurance companies treat the difference in price between AB1 and CD2 the same? or will some apply a 5% difference, others 10%, etc

 

[Marf]

http://www.carinsuranceexplained.com/car_insurance_explained/insurance_postcode_risk.htm

Group A for me

 

[GravyMonster]

It's all based on past risk experience on the part of the insurance company. For example if Company X has had 4 claims for theft in the last year from Postcode A their prices will be higher than that of Company Y who've had no claims from that postcode.

Basically, they'll all be different.

 

[Muffin`]

http://www.carinsuranceexplained.com/car_insurance_explained/insurance_postcode_risk.htm

Group A for me

Apprently I'm in a group A, yet when I use a group A in Plymouth it's half the price

 

[Shimmy]

Well that sucks, my estate is actually quite nice, not had any crime since being built 6/7 years ago. Yet still in group E :<

 

[Bes]

Likely to be going from B - F.... Ouch

 

[bledd]

http://www.carinsuranceexplained.com/car_insurance_explained/insurance_postcode_risk.htm

Group A for me

i have a choice, insure at two addresses, one is A and the other is F

hmm

~£250 a year, i'll take that

 

[Firestar_3x]

Do you want a possible side of insurance fraud with your fries?

 

[daz]

my estate is actually quite nice

Isn't that a contradiction in terms?

 

[bledd]

Do you want a possible side of insurance fraud with your fries?

i live at two addresses

 

[leaskovski]

I was supprised to find that when I moved from my rented place to the new gaff that my insurance went up! I tried to argue it with them but they were not having any of it.

My arguement was...

I now live on a no through road, where drive by shootings and boy racers dont thrash up and down. Why is it now more expensive?

Car insurance! Stupid! Just stupid!

http://www.carinsuranceexplained.com...tcode_risk.htm

That would be wrong then going by what happened with me. The postcodes are the same rating, yet my insurance went up.

 

[Cookie-Monster]

well that explains a lot

my last three locations F, Refer, F

when I lived at home A

 

[daz]

well that explains a lot

my last three locations F, Refer, F

when I lived at home A

I went from A (parents home, suffolk) --> F (university in London) --> refer (still university) --> B (finished university)

 

[R.O.S.S.I]

Heh, Bolton postcodes arent even listed on that site.

 

[rsatd]

Few month's back I as told by my current insurance that they re-accessed their magic numbers and would not be insuring my motorbike unless I get it garaged... So a quick trip to another insurer and lo behold, I got insurance and cheaper then previous as well.

 

[Conscript]

Im in DA, listed as E.

Scummy Dartford :/