Got my first NCB!

bledd. said:
Try adding your mum to the policy as a named driver, see if that changes it at all.
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This saved me a lot of money on my renewal. Dropped from £901 to £721 just for adding her as a named driver. Even if she isnt going to be driving the car its worth a cheeky look to see if it goes down
 
Spamalot said:
I can't see why any insurance would price match. Their perceived risk is what they quote you.
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Many do - what they quote you is not the perceived risk at all, it is the perceived risk plus profit margin. Many will be prepared to reduce the margin to get the custom.

You'd go bust fast if you priced all your products at cost :p
 
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5UB said:
I was going to do it in one lump sum.

What is Insurance Premium Tax and Credit Charge?

I guess Credit Charge is the charge for doing it monthly? Which is £87.79, so if I pay it all off without doing it monthly I will save £87.79 but I have no idea what the £61.97 Insurance Premium Tax is?
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you save the £87.79 for the DD chargeplus it should come down a little bit more because you will be given a single payment discount as well, its been a while since i dealt with payments but im sure it still the same.

insurance premium tax is a government charge normally between 5% and 7.5%
 
Admiral would only drop about £30 from my renewal price last year, would not budge at all... the quote I went with from Aviva was about £300 cheaper.
 
At your age with a year NCB you should be looking at well under a grand IMO. Don't forget to stick your parents on the policy as well.

I'm 24, been driving 2 years, 1 year NCB, 1.8TDCI Focus - £500 for the year.
 
Zefan said:
At your age with a year NCB you should be looking at well under a grand IMO. Don't forget to stick your parents on the policy as well.

I'm 24, been driving 2 years, 1 year NCB, 1.8TDCI Focus - £500 for the year.
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Wouldn't that depend on what 5UB is driving and his location?

As for price matching, Admiral definitely do it although no doubt only up to a point. The cheapest quote for me recently was through Elephant (also in the Admiral Group) and they simply took the quote/details and kept that price, not amazing but it did save about £100 and I was happy enough with that for it not to be worth spending a lot longer changing details and hunting for another few quid here and there.
 
semi-pro waster said:
Wouldn't that depend on what 5UB is driving and his location?

As for price matching, Admiral definitely do it although no doubt only up to a point. The cheapest quote for me recently was through Elephant (also in the Admiral Group) and they simply took the quote/details and kept that price, not amazing but it did save about £100 and I was happy enough with that for it not to be worth spending a lot longer changing details and hunting for another few quid here and there.
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I know that he lives in/around stoke, which I've never heard people complain about for being terribly pricey, anddrives the same car as me (albeit petrol).

ins0mn1ac said:
Totally, its annoying when people throw out comments of how they pay X and whatever is expensive for age/ncb. I'm 25 with 2 yrs driving/ncb and pay 760quid iirc! for a 1l Corsa :( Postcode kills my quotes sadly.
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Except in this case I actually know a little more about his circumstances than in most of those instances ;)

Is that price you're paying with parents on the policy? At first I was seeing quotes for £1000+ without adding mine, and Admiral were actually £100/200 more expensive than the other insurance companies. When I tried adding my parents on it sometimes made little difference, but with Admiral it literally cut the premium in half for me.
 
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I left Admiral to get this price, they wouldn't go anywhere near this low. They quoted me over 1k as a renewal, I phoned asking to leave giving info of my current quote and the best they could do was drop it about 20quid!

Having my parents on my policy makes it more expensive :/ but adding my sister lowered it by about 100quid.
 
Managed to get it from £118 to £97 a month, got a 0% CC coming through the post, so will pay it all off and it will work out a bit cheaper again.

Under 1k is what I wanted really, so already achieved my goal, just aiming to get it a little bit cheaper by paying off in full, then I am sorted! :)
 
I never even bother looking at monthly quotes and they seem to be unreasonable in comparison to paying in one go.

Got a quote for a bora 2.0 sport yesterday, both parents added on.
£1600 if i pay in one go....OR
£3100 if I pay in monthly installments.

what?!
 
It is a 10 month one with Admiral. The total I am paying is £970. And I will save a bit more by paying it off in one go instead of doing it monthly. :)
 
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