Massive Car insurance costs?

tom_e said:
I'll be very impressed if they can sort it in 7 days though. Took 6 months for the garage to finally gather all the parts required to fix some light front end damage on my car this year.

They never did tell me the cost of the claim but based on that quote mine must have been similar or even slightly more :eek:
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She got her car back on time. I've not seen it myself but she said it looked good.
 
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never heard this labour car insurance proposal - shadows have just been mentioning it post budget.

They will also examine the use of unfair postcode pricing as there are concerns that those who live in less affluent areas or places with a more ethnically diverse population are paying more than they should for the premiums. It has been warned that differences in pricing go beyond typical risk factors of crime rate and road traffic accidents.


Ms Haigh also wants to extend the existing 14-day penalty-free cancellation period for car insurance. If Labour gets into power, she has said she will also establish a tough new fuel watchdog to monitor prices at the pumps.
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jpaul said:
never heard this labour car insurance proposal - shadows have just been mentioning it post budget.
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This is interesting, it being successful depends on how many insurance company board members are political donors. Call me cynical.

Next year will be very telling; will premiums go up another 50% effectively meaning an incredulous increase in two years of 125%?
 
theone8181 said:
Reading the article it says ice cars have only gone up by 29% whereas evs have gone up 72%. They say on average (I.e. across all cars) its 58%, that's how averages work, some higher some lower (and some that just seem wheel of fortune like).
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Always going to be an issue with new technology. We have nearly a hundred years of infrastructure supporting the use of ICE cars, it's going to take a while to migrate that to EV and reach cost parity.
 
theone8181 said:
Reading the article it says ice cars have only gone up by 29% whereas evs have gone up 72%. They say on average (I.e. across all cars) its 58%, that's how averages work, some higher some lower (and some that just seem wheel of fortune like).
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I also read it, and you know that can't be right, since out of the ~36million vehicles in the UK, the fraction of that which is an EV is way too small to have had such a large impact on the average increase, e.g. mine went up £30 this year which was less than 10% so that would reduce the difference. Seems to me like the data is being presented incorrectly or is just wrong.
 
My cousin has a range rover in a crappy part of South London and all the insurance companies have basically refused to insure him now. He did manage to get one quote though for the low price for £25k for one year! (Seriously)
 
XeNoN89 said:
My cousin has a range rover in a crappy part of South London and all the insurance companies have basically refused to insure him now. He did manage to get one quote though for the low price for £25k for one year! (Seriously)
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Gotta pay the cost to floss.

What's the age of his one?
 
I read earlier JLR are paying to upgrade the security in the at risk land rovers / range rovers.

I wonder if that will get the insane costs of them to insure under control.
 
Just done my wife's car - last year was £300 with co-op, renewal came in at almost £600. Went to confused, got it for £300 with Aviva and with a lower excess charge. This is on an aging VW Touran.

Was the same story in July when I renewed mine. I don't even bother with the joint policy as the companies seem to take it in turn to chose which car is the most at risk each year as if it's based on the current alignment of the planets.
 
Journey said:
I also read it, and you know that can't be right, since out of the ~36million vehicles in the UK, the fraction of that which is an EV is way too small to have had such a large impact on the average increase, e.g. mine went up £30 this year which was less than 10% so that would reduce the difference. Seems to me like the data is being presented incorrectly or is just wrong.
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can just be that the typical bev insurance premium/pa is much higher than typical ice - so if you calculate your averages as sum of all premiums compared to last years total,
versus, say, calculating average of average increases, you get a higher percent increase.
 
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