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Why is my insurance so expensive ?

Discussion in 'Motors' started by Fr0dders, 27 Aug 2010.

  1. Fr0dders

    Caporegime

    Joined: 18 Oct 2002

    Posts: 33,329

    Location: West Yorks

    Renewal came through recently i have:

    3 Years NCB
    Aged 27 (28 in dec)
    License 10 years

    on a group 17 Volvo S60 T5

    Now with that i've declared my 1 fault claim in Dec '07 and my Driving ban in Feb '07

    price ? £956

    Not bad considering the ban and the accident. I shopped around, couldnt get any cheaper than that so was happy. Thats not whats expensive. Whats expensive is this:

    If i remove my driving ban, remove my fault claim, and up my NCB to 5 years and my license period to 12 years and try again with bell.co.uk

    what does it come out at ?

    £900 !!

    I cant believe that an extra 2 years NCB and the loss of my claim + points only gets me insurance thats about £100 cheaper.

    I didnt expect to be still paying £900 in 2 years time when some on here are getting insured for £500 or so.

    Who here has a car around GRP 17 that pays drastically less than 900 ?
     
  2. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 158,158

    Must be where you live.
     
  3. iaind

    Capodecina

    Joined: 26 Feb 2009

    Posts: 14,814

    Location: Exeter

    I was paying just under 600 for the 93, believe that was 17 ish. 25, 5 ncd, no claims points or convictions

    Edit - group 16
     
  4. NathanE

    Capodecina

    Joined: 21 Oct 2002

    Posts: 18,022

    Location: London & Singapore

    It's probably your post code.

    Before I put my car in a hedge in a rather big way I was paying less than that. And that was a group 20? 21? (whatever the highest group is, I'm clueless) car... and I'm not as old as you either! And it had a ton of mods declared too :o
     
  5. shifty_uk

    Capodecina

    Joined: 27 Sep 2004

    Posts: 12,997

    Location: Glasgow

    ^Indeed.

    Post code makes all the difference with me.

    My grandmother stays literally around the corner from my mother, if I use her postcode instead of my mums, it knocks about £70 off the price. :p If I use my girlfriends, it knocks off quite a considerable amount more.
     
    Last edited: 27 Aug 2010
  6. k3vst3r

    Gangster

    Joined: 26 Jan 2009

    Posts: 121

    yep my bets on your area, high levels of theft an stuff push it up.
     
  7. Scania

    Capodecina

    Joined: 25 Nov 2004

    Posts: 24,988

    Location: On the road....

    You live in Wakefield!
     
  8. Fr0dders

    Caporegime

    Joined: 18 Oct 2002

    Posts: 33,329

    Location: West Yorks

  9. [TW]Fox

    Man of Honour

    Joined: 17 Oct 2002

    Posts: 158,158

    Well to be fair its Wakefield :p
     
  10. Irish_Tom

    Capodecina

    Joined: 18 Oct 2002

    Posts: 13,549

    Postcode.

    Mine went up by £250 moving from an on-the-road, scummy part of Southampton to a gated car park in a nice part of Southsea.

    A nice lady from Direct Line explained that all post codes have a score from 11-99 and my new address was 10 points higher than the old place. It's calculated by the number of claims and the value of those claims (among other things). She said while the new postcode probably has less claims because it's a nice area, the value of the claims are probably higher because it's a nice area and that pushes up the score.
     
  11. Ev0

    Capodecina

    Joined: 18 Oct 2002

    Posts: 13,939

    This :)
     
  12. spaz

    Wise Guy

    Joined: 16 May 2005

    Posts: 2,414

    Location: Bedfordshire

    It's grim oop north
     
  13. Fr0dders

    Caporegime

    Joined: 18 Oct 2002

    Posts: 33,329

    Location: West Yorks

    have you been ? its not that bad ? certainly nothing like the rough areas of manchester / liverpool that the insurance rating ranks it alongside.
     
  14. Dr House

    Capodecina

    Joined: 17 Oct 2002

    Posts: 13,262

    Location: London

    My wife has only 1 year NCB and her insurance is around 1250 per year, I got a quote with 5 years and it only came down to around 1000 / 1100
     
  15. Ace Modder

    Antec Rep

    Joined: 8 Sep 2003

    Posts: 22,606

    Location: 150 yds from OcUK

    Do you have a aunt/mother etc you can put on the insurance as a named driver.

    You will be surprised at the saving.
     
  16. shifty_uk

    Capodecina

    Joined: 27 Sep 2004

    Posts: 12,997

    Location: Glasgow

    I've never quite understood this, adding someone always puts my prices up.
     
  17. ryanpetit

    Gangster

    Joined: 5 Mar 2010

    Posts: 392

    Location: Brighton

    My postcode (BN41) is rated 'A' and I still get quotes for 1080 quid for a 1.6 Alfa 147 :S

    (25, 3 points, No NCB and ban in last 5 years)
     
  18. Fr0dders

    Caporegime

    Joined: 18 Oct 2002

    Posts: 33,329

    Location: West Yorks

    I lost my mum to cancer and she was an only child. Added my dad however who'se well into his 50s.

    Only reduced it by £50 :/
     
  19. iaind

    Capodecina

    Joined: 26 Feb 2009

    Posts: 14,814

    Location: Exeter

    No real mystery in that one, surely?
     
  20. ryanpetit

    Gangster

    Joined: 5 Mar 2010

    Posts: 392

    Location: Brighton

    I would have thought on such a low powered car worth not a lot it would be below 700 at least?