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Car Insurance Renewal quote...OMG!

24

Comments

  • Exemplar
    Exemplar Posts: 1,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Go on... do tell!
    'Just because its on the internet don't believe it 100%'. Abraham Lincoln.

    I have opinions, you have opinions. All of our opinions are valid whether they are based on fact or feeling. Respect other peoples opinions, stop forcing your opinions on other people and the world will be a happier place.
  • shaun_from_Africa
    shaun_from_Africa Posts: 12,858 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    My current car is a 10 year old Ford Focus 1.6 (value about £1500) and insurance in Jan was £231

    I've just traded it in for a 2010 Focus 1.6 with an optional "sports pack" (different alloys and tinted windows) and a value of £12,500.
    Insurance for the year £279

    I couldn't believe it Only £48 more for a car valued at 8 times the price. I was expecting it to be loads more.
  • whatmichaelsays
    whatmichaelsays Posts: 2,927 Forumite
    Part of the Furniture Combo Breaker
    alcot33uk wrote: »
    Nothing has changed,

    Other than the financial climate, which is a pretty significant change.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • JCP
    JCP Posts: 127 Forumite
    I've got an 8yr old Toyota Corolla 1.6, and was a bit miffed when the renewal came in and it had gone up by £27 to £238, so I shopped around and discovered that the renewal quote was the 2nd best (by £2) out there and ended up staying with my insurer.

    Talking with friends though I've come to realise that I'm doing pretty well at the moment insurance wise. I guess I'll see how the new directive affects me come December, as insurance for women is set to rise I believe.
  • Exemplar
    Exemplar Posts: 1,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    whatmichaelsays wrote: »
    Other than the financial climate, which is a pretty significant change.

    Yes, well done, I hope your degree in pointing out the obvious serves you well...
    'Just because its on the internet don't believe it 100%'. Abraham Lincoln.

    I have opinions, you have opinions. All of our opinions are valid whether they are based on fact or feeling. Respect other peoples opinions, stop forcing your opinions on other people and the world will be a happier place.
  • rev_henry
    rev_henry Posts: 4,965 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    shaun_from_Africa wrote: »
    My current car is a 10 year old Ford Focus 1.6 (value about £1500) and insurance in Jan was £231

    I've just traded it in for a 2010 Focus 1.6 with an optional "sports pack" (different alloys and tinted windows) and a value of £12,500.
    Insurance for the year £279

    I couldn't believe it Only £48 more for a car valued at 8 times the price. I was expecting it to be loads more.
    Most of the risk is in you killing someone, or more expensively, maiming them for life, and or writing off their £300k supercar, rather than your car.

    I still seem to be doing quite well, renewed in December - £621, and I'm 19.
  • whatmichaelsays
    whatmichaelsays Posts: 2,927 Forumite
    Part of the Furniture Combo Breaker
    alcot33uk wrote: »
    Yes, well done, I hope your degree in pointing out the obvious serves you well...

    Given the number of threads on this forum going along the lines of "why has my insurance gone up?", it clearly isn't that obvious.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • mikey72
    mikey72 Posts: 14,680 Forumite
    whatmichaelsays wrote: »
    Other than the financial climate, which is a pretty significant change.

    I don't know, shareholder payments look pretty good across the board too, and the profit figures published don't look too shabby either.
  • Exemplar
    Exemplar Posts: 1,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    whatmichaelsays wrote: »
    Given the number of threads on this forum going along the lines of "why has my insurance gone up?", it clearly isn't that obvious.

    And obviously a member of the 'I must have the last word' brigade...
    'Just because its on the internet don't believe it 100%'. Abraham Lincoln.

    I have opinions, you have opinions. All of our opinions are valid whether they are based on fact or feeling. Respect other peoples opinions, stop forcing your opinions on other people and the world will be a happier place.
  • NeverAgain_2
    NeverAgain_2 Posts: 1,796 Forumite
    A lot of nonsense on here about stating the obvious and having the last word.

    Insurance costs are a perfectly valid talking point for what is supposed to be a motoring forum.

    JCP in reply 15 mentions insurance costs for women are set to rise in December.

    For her info, the new rules are due to come into force in December 2012.
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