Car Insuarance

areksnumbr1sxylady · 24 Mar 2012 at 21:33

Most of you know that car insuarance in UK is horrible... especially for young drivers, sometimes costing 5 times the cars worth, for insuarance for a year :mad:

I wonder if there is a way around it??? E.g insuring car in other EU country or other options... I know some users will get mad, but guys paying 5 times more than the car worth to get insured for a year is ridiculous sorry

Thank you

Spenty · 24 Mar 2012 at 21:34

Don't pay it > profit?

areksnumbr1sxylady · 24 Mar 2012 at 21:36

Not paying = Seized car + fine or Jail...

Theophany · 24 Mar 2012 at 21:38

1. Bend over
2. Brace self
3. ????
4. Loss.

areksnumbr1sxylady · 24 Mar 2012 at 21:40

lol I guess no smart ideas here then ?

dfarrall · 24 Mar 2012 at 21:45

A way around it lol..

Do you not think a quick google would show up some results if there was.

Captain Chaos · 24 Mar 2012 at 21:45

You see the problem is

Young lad who has just passed test = filling it with his mates = messing about and showing off = smacking into some blokes car, which is work 20x the lads car.

New drivers = bigger risks im afraid.

Janesy B · 24 Mar 2012 at 21:47

Lazder said:
Most of you know that car insuarance in UK is horrible... especially for young drivers, sometimes costing 5 times the cars worth, for insuarance for a year I wonder if there is a way around it??? E.g insuring car in other EU country or other options... I know some users will get mad, but guys paying 5 times more than the car worth to get insured for a year is ridiculous sorry

Thank you

Get the bus.

Irish_Tom · 24 Mar 2012 at 21:47

Not paying will very rarely = jail unless you kill some babies on more than one occasion.

However, unfortunately, to do it legally there's not much you can do.

Find options that reduce the premium (like adding parents as named drivers), pay through the nose for the first year or two and then settle down to acceptable premiums.

There isn't really much else you can do.

You could go on another policy as the main named driver and earn. 'named driver NCB' then insure yourself as the policy holder next year or whenever it's financially sensible to do so...

[FnG]magnolia · 24 Mar 2012 at 21:48

No one likes it but that's the way it is. Are you a younger driver?

areksnumbr1sxylady · 24 Mar 2012 at 21:51

On topic about young drivers, UK is the only developed country in the world that discriminates them that badly that I am aware of. Its like drug abuse, In UK since weed is banned drug abuse is worse than in Amsterdam where it is legal. Some people get cars from other countries and insure them there and then drive it here, however they are left hand drive... So there are ways, but driving left hand drive car here... is anoying.

flibbage0 · 24 Mar 2012 at 21:53

I've given up and just accepted the fact that I cannot afford to drive yet, and if I go to uni I won't need a car, so I'll probably have my first car when I'm 23, how depressing

[FnG]magnolia · 24 Mar 2012 at 21:53

Lazder said:
On topic about young drivers, UK is the only developed country in the world that discriminates them that badly that I am aware of.

Source? NZ and Australia are equally expensive and for the same reasons.

Rids · 24 Mar 2012 at 21:54

Lazder said:
On topic about young drivers, UK is the only developed country in the world that discriminates them that badly that I am aware of. Its like drug abuse, In UK since weed is banned drug abuse is worse than in Amsterdam where it is legal. Some people get cars from other countries and insure them there and then drive it here, however they are left hand drive... So there are ways.

It is not discrimination, it is about a fair apportionment of the risk you bring to the combined premium pool. The weighting of the premium for younger drivers is based on a metric ****ton of actuarial data. While I'm not an actuary myself I have seen some of the data they have at their disposal, it is mind boggling.

ChrisJSY · 24 Mar 2012 at 21:54

Lazder said:
OSo there are ways, but driving left hand drive car here... is anoying.

It really isn't unless you have coordination problems.

Janesy B · 24 Mar 2012 at 21:56

Lazder said:
On topic about young drivers, UK is the only developed country in the world that discriminates them that badly that I am aware of. Its like drug abuse, In UK since weed is banned drug abuse is worse than in Amsterdam where it is legal. Some people get cars from other countries and insure them there and then drive it here, however they are left hand drive... So there are ways, but driving left hand drive car here... is anoying.

I wouldn't suggest trying that, if you get stopped by the police and they've worked out you're a UK resident you'll have a lot more to worry about than extra insurance costs.

Driving is a privilege, NOT a right.

UK residents driving non-UK cars in the UK
UK residents are not allowed to use non-UK registered vehicles on UK roads. The only exceptions are:
if you work in another EU member state and use an EU-registered company car temporarily in the UK for business and private purposes
if you lease an EU-registered car and use this temporarily in the UK

areksnumbr1sxylady · 24 Mar 2012 at 21:56

[FnG]magnolia;21546642 said:
Source? NZ and Australia are equally expensive and for the same reasons.

*That I am aware of

Australia and NZ is on other side of globe, UK is part of EU, where in countries like Lithuania insurance costs 40 pounds a year... to Insure a car which anyone can drive.

Theophany · 24 Mar 2012 at 21:57

flibbage0 said:
I've given up and just accepted the fact that I cannot afford to drive yet, and if I go to uni I won't need a car, so I'll probably have my first car when I'm 23, how depressing

Take it from somebody who lived it; having a car at uni was a total nightmare. Plus it was ridiculously expensive.

I'm now 22, sold the car (living in London) and now face quotes of £4,000 - £12,000 when I was previously paying £800 for insurance premiums.

It's a wonder premiums are so bloody high when young drivers (who seem to cause ALL the accidents, according the insurance logic) have all but been priced off the road.

areksnumbr1sxylady · 24 Mar 2012 at 21:57

Janesy B said:
I wouldn't suggest trying that, if you get stopped by the police and they've worked out you're a UK resident you'll have a lot more to worry about than extra insurance costs.

Driving is a privilege, NOT a right.

Apparently it is fine to do so, as long as you go to calais and back every 6 months.

areksnumbr1sxylady · 24 Mar 2012 at 21:59

Theophany said:
Take it from somebody who lived it; having a car at uni was a total nightmare. Plus it was ridiculously expensive.

I'm now 22, sold the car (living in London) and now face quotes of £4,000 - £12,000 when I was previously paying £800 for insurance premiums.

It's a wonder premiums are so bloody high when young drivers (who seem to cause ALL the accidents, according the insurance logic) have all but been priced off the road.

It is just rich men making money, even though I can afford to buy a BMW for 2 grand and insure it for like 8... I just cant bring myself to do such madness...