Do you know what really gets my goat!

mikey72

davidjwest wrote: »

That's astronomical, do you get a free car with that?

When I was 17 I paid £500 to insure my first car, a Morris Marina, 3rd party F&T. I am now paying almost £400 a year to insure my current car, a 2.0 Mondeo fully comp. I'm 41 years old, where's the discount for my experience and NCD etc?

OK so I know £500 was a lot more back in 1987 and as a percentage of my disposible income it was again much more, but still.

I have NEVER claimed on my car insurance, it's just like throwing money down the drain.

Currently I believe the police crush vehicles that have been seized where there's no tax/insurance etc, maybe they should sell them and give the money to the insurance companies so they can reduce the premiums of the "decent" drivers.

I paid £350 to insure a supercharged 1600 beachbuggy when I was 20.
Cars before that were about half the price though.

iolanthe07

When you're in your sixties things do get much better. OH pays £149 fully comp for a Hyundai i10.

misssarahleigh

iolanthe07 wrote: »

When you're in your sixties things do get much better. OH pays £149 fully comp for a Hyundai i10.

When i'm 60 hopefully cars will be flying lol

KillerWatt

davidjwest wrote: »

When I was 17 I paid £500 to insure my first car, a Morris Marina, 3rd party F&T.

I paid £200 to insure a MK1 Ford Granada 3.0 Ghia on my 17th birthday back in 1982. 5 weeks later I passed my test and got £20 back for having a full licence.

davidjwest wrote: »

I am now paying almost £400 a year to insure my current car, a 2.0 Mondeo fully comp. I'm 41 years old, where's the discount for my experience and NCD etc?

Join the club.
We paid £343 last year to insure our day to day car (Isuzu Bighorn) fully comp, this year it was £480 yet neither of us have made a claim or done anything wrong. I know we pay slightly more than we normally would as it is a Jap import, but I personally think that £480 is extracting the urine considering we are middle aged and have had clean driving records for years with no incidents whatsoever.

I can't recall what we pay for our weekend car (Jaguar XF) as the insurance was bundled in to the deal when we bought the car, but I suspect I'm going to take another rogering when that is up for renewal given the value of the car.

davidjwest wrote: »

OK so I know £500 was a lot more back in 1987 and as a percentage of my disposible income it was again much more, but still.

One of these days I'll sit down and do the math to compare, but given what I was paying in 1982 to what we pay now I suspect that we are up on the deal by the time taxation and inflation are taken in to account.

davidjwest wrote: »

Currently I believe the police crush vehicles that have been seized where there's no tax/insurance etc, maybe they should sell them and give the money to the insurance companies so they can reduce the premiums of the "decent" drivers.

They give the owner 14 days to turn up with the relevant documents.
If the car is a shed then it will end up scrapped after the 14 days, but if it's worth any kind of money then it gets sold at auction.

zappahey

gilbert_and_sullivan wrote: »

... claimsRus types, and those who *need* a 5 series BMW courtesy car instead of an Aygo, are just another price we have to pay for a country riddled with dishonest people.

I suspect the modern drive towards claiming for everything from a broken fingernail to an "appropriate" car is actually encouraged by the insurance companies as it all adds to turnover and, thus, profits.

The more they pay out, the more they charge us and the more profit they make.

misssarahleigh

I had my car broken into. Levered the door open and snapped the steering wheel. After consideration of the £250 excess, the £400 they would give me for the car (as i assumed a write off) and the amount my insurance would go up next time, plus buying a new car i expected to be out of pocket £1k.

I therfor sorted it out myself for just over £100 (with friends help)

My mothers car was petrol bombed and they attempted to do the same to my neighbours. After contenplating what i would do if that happened to mine i resulted in knowing i would not claim on my insurance as in the end it would cost me more money to do this than it would buy a new car and keep my no claims.

crittertog

davidjwest wrote: »

That's astronomical, do you get a free car with that?

It's like it for most new drivers. When I started driving, in my mid-20s, I had an insurance group 6 (diesel) car - quotes ranged from £1150-3000 full comp. Second year, they halved.

Quote for an insurance group 1 car was about £75 cheaper than the (much nicer) one I ended up buying...

cyclonebri1

mikey72 wrote: »

I paid £350 to insure a supercharged 1600 beachbuggy when I was 20.
Cars before that were about half the price though.

My beach buggy was insured a VW beetle:o:o for £120 when I was 20, but that is going back a bit;)

iolanthe07

I had a 1937 MG TA when I was 18 in 1963 and paid the princely sum of £11 a year for the insurance.

Hintza

davidjwest wrote: »

Buy shares in the companies who provide insurance, that's the only way to win. Simples.

If you had done that with the banks the dealers got the money not the shareholders. Imgine it is not much diffrent with the insurance companies. Same animal at the end of the day.