Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers
accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer
received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on
purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21:
Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title
Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion
Car insurance for over 85's - help!
longtallannie
Posts: 5 Forumite
Can anyone help with good car insurance deals for my Dad, who's still driving well & safely at age 87? His premium with existing insurer Tesco is due to increase from £500 to £700 this year, seems a huge jump. Any recommendations very welcome before I start the horrendous search process...
0
Comments
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40% isn't an unusual premium increase currently.
Irrespective of renewal premium, it is always worthwhile doing the search process, but especially so currently!0 -
Use a comparison site, but bear in mind that many companies won't take on drivers above a certain age, so there is less choice.0
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we found LV to be very good for our dad(86)I
MOJACAR0 -
You may need to phone certain companies as they will insure over 80s, often with competitive prices, but only as long as they meet certain criteria. The quote often requires a manual override, which you may not be able to get online, so you'd need to phone to check.0
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but only as long as they meet certain criteria
Hi - Could you give me a clue as to what those criteria might me?
Is it disability or claim related?
I'm interested as I sort out affairs for my MIL & FIL in their 80s.0 -
It goes on the vehicle segmentation - cars fall into a segment letter according to their size, engine size, performance, brake horse power, etc - as well as claims history. We also have to check something called the super-profile, to make sure it's under a certain number, and I think that's rated on all the information given during the quote (age, location, claims, convictions, NCD, years licence held, class of use, etc). Our maximum age limit at new business is 90, 99 for renewals if no claims have been made. I've not done too many of these type of quotes yet, so I can't tell you the full details without referring to my underwriting guide at work, and of course it will vary from insurer to insurer. I can get back to you on Friday when I'm next in work.
As for disability, we're not actually allowed to take that into consideration because of the disability discrimination act - we're not allowed to even ask or use those details to rate the policy and premiums.
If your in-laws are driving quite small or family-type cars and don't have motoring convictions in the past 5 years or claims in the past 3 years, and have full NCD, they *should* be able to get insurance at a competitive rate.Property buying/selling timeline - currently into week 21
04/12/20: Both properties listed for sale
11/01/21: Offers accepted on both sales & on our joint purchase
25/01/21: Identity checks completed, solicitors instructed
27/01/21: Purchase survey & valuation complete, mortgage offer received
05/02/21: Reduction agreed on partner's sale (under-valuation) & on purchase. Mortgage offer amended
08/02/21: Buyers pack returned to solicitor - sellers packs already returned
26/02/21: Partner's sale contract signed
10/03/21: Purchase searches all back
16/03/21: My sale contract signed
28/03/21: Purchase enquiries satisfied, Title Report & contracts issued, contracts signed & returned
11/05/21: Still waiting on final enquiry in the adjoining chain to be resolved. Consent to break the chain granted, instruction to move to exchange given.
17/05/21: All parties agreed to June 3rd for completion
27/05/21: Exchanged on my sale only
28/05/21: ALL EXCHANGED!
03/06/21: Completion0 -
Following Martin's advice on which sites to search & in which order, Admiral seems to have come out the best so far - but only on moneysupermarket.com, not comparethemarket. Why is that??
Interestingly re hartcjhart's post, LV say on their website that they don't cover anyone over 85, but maybe it's a different case by phone. Thanks for everyone's comments & advice. I hate buying car insurance....0 -
If your in-laws are driving quite small or family-type cars and don't have motoring convictions in the past 5 years or claims in the past 3 years, and have full NCD, they *should* be able to get insurance at a competitive rate.
Yes, small Corsa (probably 1.2).
Thanks for the info.0
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