Probably on specialist rather than mainstream multi-car insurance.
Massive Car insurance costs?
- Thread starter MatsyLR
- Start date
Probably on specialist rather than mainstream multi-car insurance.
Wash your mouth out with soap.
The 100k plus cars are on specialist policies along with track day cover.
The 458 was £1200 and this year was increasing to £1350 and included five track days. Not taken as I sold the car.
The 600 LT was £1300 and is £1200 this year, also includes five track days.
The windscreens on these cars cost 4k plus alone which many insurers will try to wriggle out off or only cover a maximum of £1000 towards replacement whereas specialist have no limits which I put to test when 458 screen cracked and it was £3860 to replace at Ferrari and the insurance company reimbursed me within 24hr minus £100 excess.
Soldato
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- 27 Mar 2013
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I realise it was very general, but claiming the cost of heating a house (purely to do with wfh) costs more than the running of the car seems off imo, don't forget reduced wear and tear, and in the spirit of this thread reduced insurance due to fewer miles driven. My commute is only 30 mins each way, but my time has value that I can't get back.
Soldato
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- 23 May 2006
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i totally agree, which is why WFH is great!...... IF your jo is doable by WFH them imo every business should be pressured to support hybrid working (i get meeting in person still has advantages which is why i personally think 2 core days in an office and 3 WFH is perfect.
there are no downsides to this (again if the job fits) better work life balance, lower carbon footprint and in many cases better productivity (i often hit my "time done" but because i am home and dont have a 40 min drive i am happy to put some extra time in to get something done, which if i am in the office i have to call it a night and get home for child care)
now of course some jobs just dont work WFH...... but that is just the way it is, imo punishing those who can just because you cant (the general you not the literal you) would just smack of jealousy imo.
lots of jobs have perks which i dont get, its just the way it is but i would not want to scupper those who benefit from things just because i cant.
reducing miles doesn't always reduce premium -
I'd assumed that - some insurers increase premium if you are driving less so not keeping skills up; premium reduction, if not commuting, could also be counter-intuitive.
I've had this, i've previously increased the annual mileage on a quote and got a reduced price.
Soldato
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I didn't mean it in the sense of punishing, but at put place the wfh get the same payrise as those working in the factory, despite the extra costs associated with that. Imo we should have got a bigger payrise to compensate us, there's also a large amount of bias as we have a bonus that's affected by sick time and a few people abuse it by wfh saying they don't feel well enough to come in.
I do think with insurance it seems to almost be random what does amd doesn't have an effect. I'm sure I read someone had a reduced premium for having points for speeding on their licence
. I do work with someone that reckons his insurance has 0 excess (at all) and he can drive other cars fully comp, but yet he's paying a small amount for it all (iirc about 400 for a polo gti), I think he's missread something as I'd have thought that type of policy would cost a lot, he's a young kid too.
My last car had DOC cover and 0 excess with 2 named drivers, it was about 8 years ago mind you, only cost something like £190 for the year. Now i'm paying £622 and have £100 excess, lolI didn't mean it in the sense of punishing, but at put place the wfh get the same payrise as those working in the factory, despite the extra costs associated with that. Imo we should have got a bigger payrise to compensate us, there's also a large amount of bias as we have a bonus that's affected by sick time and a few people abuse it by wfh saying they don't feel well enough to come in.
I do think with insurance it seems to almost be random what does amd doesn't have an effect. I'm sure I read someone had a reduced premium for having points for speeding on their licence
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Soldato
Just trying to get insurance at the moment on behalf of my dad. So many have come back with “can’t offer you a quote based on the information”.
16 years no claims on 3/4 cars. Private estate. Cars garaged.
Have tasked Chris Knott with looking into this.
16 years no claims on 3/4 cars. Private estate. Cars garaged.
Have tasked Chris Knott with looking into this.
Man of Honour
How old is he? Is he hitting the sort of age where they might begin to see him as more of a liability due to old age?
Soldato
55 so not old at all
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I imagine it's more car/location combo, possibly occupation.
Soldato
Don’t think so. Getting individual policies isn’t an issue but multi car seems to be the killer.
Location is a private estate in a quaint town - my insurance halves if I put his address down, for example.
Could be occupation but wouldn’t have thought it would make much of a difference.
the compare sites don't use any IP/cookie/email tracking that might be queering the quotes - had been planning to look up rates for a relation too
(maybe an urban myth -hear about people who do mutiple what-if's with and without speeding points, say, or alternative addresses - which company becomes aware of)
I'm not saying no insurers could be doing that, but I've never come across it directly impacting on quoting for car insurance. Big ticket insurance, yes underwriters may want to know the prior submission/quote history, but motor will generally be going through automated raters that aren't considering that.
Associate
Do you havethe names of these specialists , everyone twitches when i mention skyline R34 want to try some other avenuesWash your mouth out with soap.
The 100k plus cars are on specialist policies along with track day cover.
The 458 was £1200 and this year was increasing to £1350 and included five track days. Not taken as I sold the car.
The 600 LT was £1300 and is £1200 this year, also includes five track days.
The windscreens on these cars cost 4k plus alone which many insurers will try to wriggle out off or only cover a maximum of £1000 towards replacement whereas specialist have no limits which I put to test when 458 screen cracked and it was £3860 to replace at Ferrari and the insurance company reimbursed me within 24hr minus £100 excess.
Give these a try:
ClassicLine
ManningUK
Heritage
Then of course try the regular ones and along with usual tricks like adding yours Mrs, parents as named drivers, access to other vehicle etc and as such companies like Hastings, Admiral, Directline can be worth a try.
Also check on forums as could be some sponsors offering discounted rates companies like A Plan, Sky insurance etc.
Associate
appreciated, i have tried a few , with the rapid price of the car and what its worth now 2024 may be my last summer with it .
Just had a quick mooch on Compare the Market as my insurance is due at the beginning of January.
Hastings YouDrive is the cheapest quote at over £800
Tesco Bank is the cheapest sane option. No black box, but just shy of £900.
I paid £450 this year. I haven't had my renewal quote through yet, but I'm currently praying Aviva beat everyone else again this year (their renewal quotes have been my cheapest option for several years now).
Hastings YouDrive is the cheapest quote at over £800
Tesco Bank is the cheapest sane option. No black box, but just shy of £900.I paid £450 this year. I haven't had my renewal quote through yet, but I'm currently praying Aviva beat everyone else again this year (their renewal quotes have been my cheapest option for several years now).
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Just cancelled with Admiral as premium went up from £260 to £448. Similar offering (£65 less excess) from Hasting direct was £357 and Admiral would only go to £416. Basically said the value of my car had increased so could not match. Guess a Skoda Yeti is an investment.As my renewal is mid January I’ve just done a quote with Elephant starting December 22nd as the rumour is getting quoted 20-26 days prior to renewal is when they view you as organised and less risk so quote better, the prices I got were:
So based on that I’d expect Admiral to better it and have home insurance too so the target will be £2000 for all four cars which also includes my Mrs as a named driver, if I get this then basically little to no increase.