Havard Posted October 11, 2010 Share Posted October 11, 2010 I'm not looking forward to getting a quote as - since my last - I've had one claim (knocking my NCB from 3 down to 1) and have gotten myself 6 points for speeding back in 2008 (took 2.5 years to ever get anywhere!). I was £950 fully comp at 21. I'm 22 now but with these circumstances. KY for Hatevent..... Quote Link to comment Share on other sites More sharing options...
Purity14 Posted October 11, 2010 Share Posted October 11, 2010 KY for Hatevent..... Going waterbased will NOT sort this guys problems out Quote Link to comment Share on other sites More sharing options...
James Posted October 11, 2010 Share Posted October 11, 2010 Hahaha! Yeah, I'm thinking it's going to need a lot of preperation H. Quote Link to comment Share on other sites More sharing options...
Supralad Posted October 11, 2010 Share Posted October 11, 2010 My insurance had consistently dropped for years....until this year. Yes, you can guess it actually went up. Couldn't even get anywhere to match last year's premium same here. Mine went from £1,090 to £1,400. I havnt got around to start moaning at them yet, but i wont be staying unless the drop the price. Quote Link to comment Share on other sites More sharing options...
Havard Posted October 11, 2010 Share Posted October 11, 2010 Shop around and let them all know you are shopping around. Loyalty very rarely pays dividends in all aspects of business. They all go off and ask their manager what to price at. I never tell them my best price either as they'll just knock a tenner off. H. Quote Link to comment Share on other sites More sharing options...
James Posted October 12, 2010 Share Posted October 12, 2010 Just entered all of my details and I've been quoted £1084. That's with one accident at fault and 6 points for a CD30. I don't understand how they work it out. Quote Link to comment Share on other sites More sharing options...
Guest RayRoocroft Posted October 12, 2010 Share Posted October 12, 2010 Just entered all of my details and I've been quoted £1084. That's with one accident at fault and 6 points for a CD30. I don't understand how they work it out. who is this with mate? and what spec is your supra? Quote Link to comment Share on other sites More sharing options...
Snooze Posted October 12, 2010 Share Posted October 12, 2010 I don't understand how they work it out. Your personal circumstances are of no interest to them and do not matter. All they do is take all the data you give them: - how old you are, - what colour your car is, - whereabouts you drive it, - etc, etc, etc, etc and plug it into a mahooosive formula that calculates: a) the likelihood you are to have a claim (doesn't matter one jot if it's your fault or not - it costs them the same whether it's you driving it into a tree or someone randomly torching it) b) how much the claim will cost (not just the value of your car - also needs to worry about damage to property, legal claims for physical injury etc.) That is ALL they really care about. They then calculate three things: 1) How much they need to charge you for the year to stay ahead of the curve on probability and cost (based on the above) 2) Comparison with how much their competition are charging (may involve discounts for certain targetted demographics - eg. online discounts, girl-only insurance, 10yr+ no claims, etc.) 3) Markup based on how much they think they can get away with from YOU (usually based on new customer discounts or, counter-intuitively, increases for loyal customers - the "hassle" costs) And that's it. Simples. Quote Link to comment Share on other sites More sharing options...
catfish man Posted October 12, 2010 Author Share Posted October 12, 2010 Your personal circumstances are of no interest to them and do not matter. All they do is take all the data you give them: - how old you are, - what colour your car is, - whereabouts you drive it, - etc, etc, etc, etc and plug it into a mahooosive formula that calculates: a) the likelihood you are to have a claim (doesn't matter one jot if it's your fault or not - it costs them the same whether it's you driving it into a tree or someone randomly torching it) b) how much the claim will cost (not just the value of your car - also needs to worry about damage to property, legal claims for physical injury etc.) That is ALL they really care about. They then calculate three things: 1) How much they need to charge you for the year to stay ahead of the curve on probability and cost (based on the above) 2) Comparison with how much their competition are charging (may involve discounts for certain targetted demographics - eg. online discounts, girl-only insurance, 10yr+ no claims, etc.) 3) Markup based on how much they think they can get away with from YOU (usually based on new customer discounts or, counter-intuitively, increases for loyal customers - the "hassle" costs) And that's it. Simples. yep just been told that insurances are clamping down on good deals for a supra Quote Link to comment Share on other sites More sharing options...
James Posted October 12, 2010 Share Posted October 12, 2010 I'm just surprised it's only £1080 at 22 on a J-Spec NA-TT (White) when I have 9 points (6 of them for a CD30) and one claim in the past 6 months. Not that I'm complaining mind. Quote Link to comment Share on other sites More sharing options...
catfish man Posted October 12, 2010 Author Share Posted October 12, 2010 just been on confused.com and had result £700 ;-) the supra lives another day lol Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.