Category S econonimcal write off

[The Angry Welshman]

It’s not assumptions or idle guesses, it’s actual factual information that average insurance premiums have dropped this year. So given this trend, nobody has claimed your premium would have been lower but that it probably would have been lower.

This is to clarify more the point that even no fault claims can and do generally cause insurance premiums to rise.

What's happening to car insurance premiums? - Which?

Cost of car insurance fell £56 over the year, says ABI data

www.which.co.uk

Has car insurance gone up?

The average cost of car insurance in the UK is now £735 annually, prices are at their cheapest in more than 2 years.

www.confused.com

I’m not sure why you are getting so defensive and aggressive. You necroed your own thread to try and do some pointless “gotcha” and some of us are simply trying to help you understand it’s not the “I told you so” you think it is.

your making assumptions...its pretty simple, you just dont want to admit it.

the same as the ones making assumptions that the car wouldnt remain mine, with a break in ownership. Just admit you so called car gurus and enthusiasts dont really know that much. But like to think you do.

and why is when people dont agree with you, you call them defensive and agressive...... typical forum language towards people who call out nonesense.

this is my last post on the thread, its now on ignore and unwatch.

 

[ICDP]

lol whatever *** no insults ***

 

[Feek]

lol whatever *** no insults ***

Consider this a warning about direct insults....

Take mine as an example then....

I was given a quote for £60 less than I paid the previous year.

When I told them about the no-fault write off accident, that quote changed to be £47 less than I paid the previous year.

My renewal this year was £237.80, £47 less than last year.

Put that in your sums.

 

[GravyMonster]

Just playing devils advocate - was the renewal from your existing insurer, or did you find the best possible price on a comparison site?

 

[ICDP]

Consider this a warning about direct insults....

Take mine as an example then....

I was given a quote for £60 less than I paid the previous year.

When I told them about the no-fault write off accident, that quote changed to be £47 less than I paid the previous year.

My renewal this year was £237.80, £47 less than last year.

Put that in your sums.

Fair enough my apologies on the direct insult.

The same scenario could apply to your quote. A drop of 20% and a rise of 15% is still technically cheaper. But it could (I stress could) have been even cheaper without the “increase”.

The sums aren’t lying here, you are just seeing the net result as being cheaper, or in the case of the OP only marginally more expensive.

Even if we ignore the sums your experience does in fact prove that in your case a no fault claim did raise your premium.

So the answer is “more often than not yes”, to “will a no fault claim raise my insurance premiums?”

 

[Feek]

Even if we ignore the sums your experience does in fact prove that in your case a no fault claim did raise your premium.

I’m not denying that.

But it’s almost a mantra in here from people saying that if you have a claim, even a no fault claim that you’ll see a massive increase and it’ll last for years but yet nobody ever demonstrates that.

I’m showing that yes, I had an increase. An increase of one pound a a few pennies per month and @The Angry Welshman’s only went up by £2/month. Hardly the huge increase that’s always suggested.

 

[ICDP]

I’m not denying that.

But it’s almost a mantra in here from people saying that if you have a claim, even a no fault claim that you’ll see a massive increase and it’ll last for years but yet nobody ever demonstrates that.

I’m showing that yes, I had an increase. An increase of one pound a a few pennies per month and @The Angry Welshman’s only went up by £2/month. Hardly the huge increase that’s always suggested.

You are trying to argue a point I am not making. You both saying your insurance costs only rose slightly compared to last year is accurate, as is my claim that on average car insurance costs dropped ~16%.

Both statements can be true.

Are you denying that on average UK car insurance costs dropped ~16% compared to last year?

 

[Feek]

I have no idea what average costs did last year, it's not relevant.

The only point I'm interested in is whether having a no fault claim causes massive insurance cost increases. Pretty much everyone on this forum always seems to take a sharp increase in breath whenever insurance claims are made and then state, as if it's a fact, that their insurance will go up massively the following year and it'll stay like that for five years.

I, and @The Angry Welshman are simply demonstrating that it's not necessarily the case.

Nothing more.

 

[ICDP]

I agree on the underlying mantra that no fault claims will cause massive premium increases being cringeworthy.

My argument was never that a no fault claim would cause a massive increase. My point was to clarify that due to car insurance costs dropping since last year, that it could be as much as 15% - 20% more expensive than had the claim not been made at all.

I am referring to the numbers the OP provided.