Admiral/Bell/Elephant

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How much do the Admiral group of insurance companies add to the premium for paying monthly?

My insurance is due soon and might have to pay monthly this year due to finances. :(
 
Its just a loan, at 30+%. Dont bother. Credit card it on a 0%'er in the worst case if you cant afford your insurance.

They do quote the exact prices when you get...a quote, though. Why not try checking with them first? :p
 
My insurance was 1100 ish in one go, for monthly they wanted 1700.


In the end I borrowed the cash from my dad and pay him back in installments monthly.
 
Its just a loan, at 30+%. Dont bother. Credit card it on a 0%'er in the worst case if you cant afford your insurance.

They do quote the exact prices when you get...a quote, though. Why not try checking with them first? :p

I ran a quote with Bell (my current insurance is with Admiral). It only showed the yearly price and a phone number to call if I wanted to pay monthly. I can't see the monthly price anywhere, hence my post. :cool:
 
I ran a quote with Bell (my current insurance is with Admiral). It only showed the yearly price and a phone number to call if I wanted to pay monthly. I can't see the monthly price anywhere, hence my post. :cool:

Oh, i thought it showed both...best just give them a call :)
 
between 20 to 30 percentage depending on term of the policy i believe, you get a single payment discount which is taken off and then the APR (8.5%) is put on the price so its quite a change of price
 
Once again is this not market failure? Car insurance is a legal obligation, they shouldn't be allowed to charge ridiculous rates. It should be offered monthly or quarterly by default, just like many other utility bills/services.
 
Once again is this not market failure? Car insurance is a legal obligation, they shouldn't be allowed to charge ridiculous rates. It should be offered monthly or quarterly by default, just like many other utility bills/services.

not all other utility bills/services give you the same price on direct debit to paying it on full and some do it the other way round with somethings aswel *from what i remember* although its a legal requirement to be insured, driving is a luxury (unfortunatly) which is based upon a lot more factors than say what an electricity company would use to work out what they should charge you quarterly
 
not all other utility bills/services give you the same price on direct debit to paying it on full and some do it the other way round with somethings aswel *from what i remember* although its a legal requirement to be insured, driving is a luxury (unfortunatly) which is based upon a lot more factors than say what an electricity company would use to work out what they should charge you quarterly

Can you really argue driving is purely a luxury though? Surely this is only the case if we had an infallible public transport system. We don't.
 
Can you really argue driving is purely a luxury though? Surely this is only the case if we had an infallible public transport system. We don't.

Yes, driving is a luxury. Building your life and making life choices around the ease of access to a car doesn't stop it being a luxury.

It's true that many people could not do their job without a car, or get to work without a car. But they made choices to live where they do and work where they do based on the fact they had access to a car.

People DO live without cars.
 
yes because not everyone drives, some people drive to work but there is public transport. you wouldnt die if you couldnt drive, it would just be a big inconvience. public transport being rubbish is a problem for councils to sort out not the insurance companies
 
About 8.5% plus all the APR and charges and stuff.

My £413 premium with Elephant ended up as £491 when paying monthly. That's still only £3 more a month than Quinn* offered me for renewal, but with less excess, a comprehensive policy and to add my girlfriend as a named driver. With the way prices ahve gone up this year, it was about the best deal I found.

*I was also taking the opportunity to jump ship from Quinn, who are not only based in Ireland, but also in administration.
 
[TW]Fox;17868935 said:
Yes, driving is a luxury. Building your life and making life choices around the ease of access to a car doesn't stop it being a luxury.

It's true that many people could not do their job without a car, or get to work without a car. But they made choices to live where they do and work where they do based on the fact they had access to a car.

People DO live without cars.

Surely the argument of cars being luxury or not is immaterial to my point though.

If something is a legal obligation, it should be accessible and affordable, especially to the less wealthy of society.
 
Surely the argument of cars being luxury or not is immaterial to my point though.

If something is a legal obligation, it should be accessible and affordable, especially to the less wealthy of society.

Owning a car is not a legal obligation. Insuring a car that you own is.

It is not a legal obligation to have car insurance, it is a legal obligation to insure your car. Since the car is a luxury, if you cannot afford to insure it, you do not have that luxury.
 
They charge a fair bit then! Chris Knott charged me £30 for paying monthly. Thats £30 for the whole year.

Why not, means I don't have spend a chunk in one go :)
 
A car is a convenience not a luxury.
Unless you buy a luxurious car...

driving is a luxury ;) the car is down to personal choice.

its the same reason why quite a few young drivers pass their test and then dont drive/buy a car because they cant afford to. i know people who have their piloting license ............ but dont own a plane :)
 
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