Car insurance- why so high in the UK!

52 year old with no NCB (very unusual) hoping to drive a relatively powerful vehicle (for someone with no history of driving) in a densely populated area.

Mercenary Keyboard Warrior said:
No your licence should be where you live, your car insurance should be where its normally parked
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That's where your vehicle is parked. Normally you are asked where it is overnight as during the day many people are at work or elsewhere.

However the policy must be at the address you live at.

A large mismatch of where your car is parked overnight and where you live will raise questions.

Acme said:
NCB often doesn't make as much of a difference as people think. It is often outweighed by other things. For instance he may have no NCD, but he also has no claims in the past X years.
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Except he hasn't driven a car for 5 years. So NCB does matter a lot as it identifies meaningful claim free years.

17 year olds don't get credit for not having claims in the past 5 years for example and this applies to all ages. That is why some insurers ask if you have been insured on another vehicle even as a named driver or if you've had a company car where you wouldn't necessarily have had your own insurance.
 
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Surveyor said:
It varies where you look but not many jobs appearing in top tens fit your criteria.

The top ten highest priced job titles:
  1. Professional footballer
  2. Sportsperson
  3. Fast food delivery driver
  4. Scrap dealer
  5. Apprentice
  6. Car wash attendant
  7. Student (living at home)
  8. Town clerk
  9. Doorman
  10. Carpenter's assistant
How does your job title affect your car insurance?
  1. Fruit and vegetable pickers
  2. Waiters
  3. Builder’s labourer
  4. Factory packers
  5. Painter
  6. Car valet
  7. Security guard
  8. Construction worker
  9. Barber
  10. Delivery courier
Can your job title really affect your car insurance?
  1. Driver
  2. Chef
  3. Hairdresser
  4. Bar staff
  5. Fitness instructor
  6. Physiotherapist
  7. Social worker
  8. Travel agent
  9. Midwife
  10. Pharmacist
The most expensive and cheapest job titles for car insurance
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The point is it matters, the example I gave was from 20 years ago, that was used on internal info for one of the largest insurers in the UK. Its quite possibly changed since then, BUT people frequently forget it can make quite a lot of difference, actually industry also affects it.
The actuaries spend their time working these things out based on that insurers data so they will of course be skewed if the over or under write in a certain area hence you will find differing views from different ins co
 
NickXX said:
Is it not fair that the premium actually reflects the fact that your car is insured in your postcode rather than your parents’?
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Absolutely shocking isn’t it... ;)


Not surprised to see driving classed as a high risk, it’s certainly been reflected in my premiums over the years...
 
Psycho Sonny said:
Not really. London is a tip and the drivers there are mental. I bet it has a higher percentage of crashes than any other city in the UK.
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The one and only time I've been to London (thought it was nothing special) I witnessed a builders transit follow and ambulance with blues and twos on just to cut traffic. That's the standard if driving and I find that once I get more southern than Nottingham driving standards plummet. Now that's sorted I'm off to go sit on my northern pedestal:p.
 
Mercenary Keyboard Warrior said:
No your licence should be where you live, your car insurance should be where its normally parked
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This you can insure cars on your policy but you may keep them at a different address, as were in the long process of moving, renovating new house but a couple of the cars are parked there and rest at our current property and insurance company is fine with this but it is good practice to let them know in case a car was stolen etc. to make any claim hopefully hassle free and valid.
 
i daily drove a modified mk2 golf about 5 years ago. On the insurance the address was my address. The ''where is this car parked overnight'' was set at my workplace (secure compound and work postcode) as i worked nights. This actually knocked about 5% off an already cheap policy.

got bloody written off by someone trying to twoc it from outside my house when i was off work! i was really worried about the claim because of the location but got a full payout with zero hassle

i suppose i was being as honest as i could have been


as for OP try fully comp. usually found it cheaper on cheap cars. i can only assume some of the cheap insurers in the comparison sites dont want to be doing third party. 0 NCB has never made a huge difference either when its paired with ''no accidents or points in the last five years''
 
theone8181 said:
The one and only time I've been to London (thought it was nothing special) I witnessed a builders transit follow and ambulance with blues and twos on just to cut traffic. That's the standard if driving and I find that once I get more southern than Nottingham driving standards plummet. Now that's sorted I'm off to go sit on my northern pedestal:p.
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London is something special, I was undertaken going across a set of traffic lights as I was driving carefully having just picked up someone who had had stomach surgery!
My crime, not setting off like Lewis H the moment the lights changed, of course 10 seconds later we were stationery in the next que, but for many it seems if your not accelerating or braking your doing it wrong ;)
 
Maccy said:
Your bet loses I'm afraid

https://www.amtauto.co.uk/blog/england-crash-hotspots-revealed-2019
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LOL!

I think London is actually rather safe in terms of driving, for a few reasons: there are people / cyclists / leccy scooter maniacs everywhere. You need to be at Defcon 1 at all times just to get anywhere in one piece, so you concentrate a lot more. Also due to the traffic people tend to move a lot slower, obviously you get the lunatics who are more important than everyone else but you get them everywhere tbh.

Then again, I find the general standard of driving in the UK amazing, I honestly think that some people are only alive because the people around them avoid them. Some of the things I see are just...

VRzwCFJ.jpg
 
Regarding the address thing. I used to work in insurance & we'd catch policy holders out multiple times an hour.

You can just stick their name, address & dob in an AML database for one and if they are fibbing about where they live there will be red flags all over it.

Alternatively if the car is nicked off their driveway and they try saying it was a mates house the same AML check with their name & dob at that address will have data matches allover it.

It's really not hard to catch them out in most cases, all they need is a reason to look into it.
 
Maccy said:
Let's go back to basics shall we?
London: 1709 casualties
East Midlands: 2533 casualties

I don't think we need your percentages to determine that 2533 is a bigger number than 1709?
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If you want to compare against population or per 100k people then yes it doesn't matter if numbers are bigger.

It's like saying this footballer scores 40 goals a season but he played 60 games. Vs another footballer who only scored 30 goals but he only played 36 games.

Just because he scored more doesn't mean he's better. He played more games. That's why percentages against population is a fairer comparison rather than raw numbers.
 
Maccy said:
Let's go back to basics shall we?
London: 1709 casualties
East Midlands: 2533 casualties

I don't think we need your percentages to determine that 2533 is a bigger number than 1709?
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I think you've misunderstood the numbers in the graphic.

They're showing the highest county / sub-area in each coloured region.

So 1709 is Westminster, which is the highest area in the London region.
2533 is the entire county of Lincolnshire, which is the highest county in the East Midlands region.

If a small area in London is nearly as high as entire counties, it's probably safe to say as an entity itself, London will dwarf anywhere else.
 
Total claims in London are usually up to £249million but figures saw a dramatic 82 percent tumble with firms paying out jst £44,00 over lockdown.

Firms also saved up to £190million over customers based in the South East of England which recorded an 74 percent decline in claims.

Up to £130million was also saved by firms based in North West England as claims dropped by 64 percent.

Insurance companies pocketed the least amount of extra revenue in Northern Ireland but firms still raked in £37.7milion over the lockdown.

https://www.google.com/amp/s/www.ex...hock-savings-premium-costs-claims-decline/amp

Looks like London has the highest claims in terms of value per year.
 
Nasher said:
Road tax (and tax on the car itself) is much cheaper in the UK than some countries though. So there is that :/
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The only tax is tax on the car itself (VED). Road tax doesn't exist. ;)

VED as close by as Ireland is astronomical! Usually the bigger outlay vs. insurance...
 
Acme said:
The only tax is tax on the car itself (VED). Road tax doesn't exist. ;)

VED as close by as Ireland is astronomical! Usually the bigger outlay vs. insurance...
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A few places calculate tax based on engine power as well as emissions too, then charge 4 figures. Which is very anti-petrolhead.
 
Nasher said:
A few places calculate tax based on engine power as well as emissions too, then charge 4 figures. Which is very anti-petrolhead.
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All my cars cost the same to tax because they are over 1549CC and pre 2001. :p

Easy to remember! :D
 
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