Associate
I helped my nephew with his car insurance two weeks ago and there was lots of companies I have never seen before. I am sure they are back by big companies but it's always concerning if there's a claim
Massive Car insurance costs?
- Thread starter MatsyLR
- Start date
Around 21 days before renewal usually gives the cheapest quotes, don't leave it until the week before it’s due!Just did a quote for mine. Due early next month and it's gone up £200
Going to have another check mid week and see if it changes.
Try all the comparison sites, money supermarket was cheapest for me. Try tinkering with a few options like job description, annual Milage and voluntary excess etc.
Sometimes changing job description to another that covers your job can knock a few quid off. Estimate your annual Milage as low as possible in the rough ballpark of what you think you’ll do.
We did this recently on my mates renewal and got the cheapest comparison site quotes down from £400ish to £360 without any blatant lies being told.
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I think there's only millage I can really change. Might try adding the wife to. Worth a go.
I must be in the minority here as my bike insurance has come down a bit, and when it auto renewed it turned out to be £155 instead of £188..
My car insurance isn't due for a while, but I ran a quick quote, and that's cheaper than last year as well..
Yes it's not by any stretch of the imagination a modern or expensive car, but I'll take the savings.
My car insurance isn't due for a while, but I ran a quick quote, and that's cheaper than last year as well..
Yes it's not by any stretch of the imagination a modern or expensive car, but I'll take the savings.
Soldato
Pretty much this as I received my renewal which was £100 higher. Waited a week so I was ~3 weeks from renewal. Phoned my insurer and the price had gone down by £65 with no changes.
Removed 2nd driver, price went up. Raised voluntary excess, price went up. As I was within 315 of other renewal quotes I just went with the same company again.
For job description I use the Money Saving Expert tool they provide while providing quotes as it tubulises the nearest job descriptions.
I'm hoping either Tesla (only) or Lemonade will start to provide car insurance in the UK soon as they are both disruptive insurance companies.
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Man of Honour
So far looks like I'm looking at around a £200 bump for this years renewal up to £700ish, considering I've added a fault claim since last year it's not too depressing. I was fully expecting it to break £1k.
Soldato
Minority here but both of my cars have only seen very minor increases, admittedly i do ~3k miles across both cars and ones on a payg scheme, thats gone from 3p to 5.2p, that would be quite painful if it did higher miles. its still going to work out well under £200 for the year 
Soldato
- Joined
- 22 Nov 2007
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- 4,209
I haven’t driven for 15 years as i had a crash and the car was uneconomical to repair and i was at uni so couldn’t afford another. Looking to buy hatchback and i’m getting quote of around 550 which is decent considering i had an insurance claim and the accident was my fault.
How comes the ops getting shafted and im not?
How comes the ops getting shafted and im not?
Soldato
Saw thread, got panicked, did quotes.
Insurance is due end of August and I had 3 quotes on comparison sites that were cheaper than last year, albeit marginally. From ~£290 to ~£280.
To be fair, I'm already in a terrible postcode and area for insurance, so it was probably as bad as it was going to get anyway.
Insurance is due end of August and I had 3 quotes on comparison sites that were cheaper than last year, albeit marginally. From ~£290 to ~£280.
To be fair, I'm already in a terrible postcode and area for insurance, so it was probably as bad as it was going to get anyway.
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Soldato
Not sure what my renewal will be, but for two cars I pay 2640 dollars a year, for two drivers. I'm 40+ as is my wife, no claims. (Fully Comp on both cars).
So something like 110 dollars a month for each car. (2018 Subaru WRX STI Limited and a 2022 Subaru Outback Wilderness).
So something like 110 dollars a month for each car. (2018 Subaru WRX STI Limited and a 2022 Subaru Outback Wilderness).
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I've seen a lot of posts about high insurance costs for Tesla's so thought I'd take a look.
I ran some test insurance quote on 'Compare the Market'
The Tesla Y is over double the cost to insure - same address, occupation, mileage, history, excess etc..
I ran some test insurance quote on 'Compare the Market'
- Tesla Model Y LR : Cheapest £2k
- Polestar 2 : Cheapest £750
- BMW iX : cheapest £900 (Car value £80k vs £40k for the Tesla).
The Tesla Y is over double the cost to insure - same address, occupation, mileage, history, excess etc..
Soldato
- Joined
- 27 Mar 2013
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- 9,316
You must live in a rough area (
) my model 3 was "only" 800. Can't imagine there's any difference in insurance costs between the 2.Just did a quick one for the M50 ix, came out about 900. Very strange, it's not that consistent.
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You must live in a rough area (
Just did a quick one for the M50 ix, came out about 900. Very strange, it's not that consistent.
I get people's quotes will vary based on own details - higher/lower etc..., this is comparing the costs between cars using the same location and other details,
Model 3 LR is coming out at £1.5k
Tesla Insurance around 50-100%+ higher than other EV's !
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