Insurance Shambles

scheming_gypsy

apprentice jobs aren't going to pay enough to insure a car.

pitkin2020

scheming_gypsy wrote: »

apprentice jobs aren't going to pay enough to insure a car.

Nope and manufacturing/engineering is declining in the UK at a pretty rapid rate. Whilst some of the large cities/towns may have these types of jobs available I can assure its not everywhere.

thegirlintheattic

pitkin2020 wrote: »

Nope and manufacturing/engineering is declining in the UK at a pretty rapid rate. Whilst some of the large cities/towns may have these types of jobs available I can assure its not everywhere.

OP if you live in East London (I used to) you do not need a car. Save your money for a few years then you'll be able to insure a better car.

pitkin2020

thegirlintheattic wrote: »

OP if you live in East London (I used to) you do not need a car. Save your money for a few years then you'll be able to insure a better car.

Top advice, whilst your at it stop eating takeaways, I stopped eating takeaways and saved money.............I stopped wearing clothes too and not only saved a fortune on the clothes themselves but washing powder and electricity aswell.............

scheming_gypsy

thegirlintheattic wrote: »

OP if you live in East London (I used to) you do not need a car. Save your money for a few years then you'll be able to insure a better car.

except he'll be trying trying to insure a better car at a much higher premium with 0 years driving experience and 0 NCD.

atrixblue.-MFR-.

you got more chance of winning the euro millions than securing a apprentice position in my area, engineering/technitians/electricians/plumbers/office's no one can accomadate one or afford to take the trainee on, the buisiness's in my area want experienced and skilled in thier field of work to run an efficient buisiness.

my OH uncle own a busy accident repair centre, he used to take on 4 apprentice a year doing their 2nd and final college year, 2 app's would have have 2 qualified engineers to teach them both sides of vehicle body repairs 1.body repair 2. vehicle spray painting last year he had to stop taking on appretice's and started taking on qualified experienced repairers because his buisiness was suffering because of time loss and efficiency, he turns over twice as many vehicles now than he used to, and has now moved to larger premisses to cope with volume eventhough he has to pay a higher wage to those he took on, his buisiness has turned over enough to justify that move, he didnt make the decision lightly and was reluctant to stop taking apprentice's but his hand was forced by his accountants as he nearly went bust.
he was losing money due to apprentice's excess time off, poeple pulling out half way through it, qualified engineers slowed down by teaching, mistake rectifactions, and less repair turn overs.

the above is an good example of why some buisiness's cant possibly make it viable to take these aprrentice's in anymore.

OP mentioned what will happen with insurance markets in the future, unfortunatly there will always be a young drivers,uninsured drivers,unlicensed drivers,drink drivers and injury claims. untill this government addresses properly these issues and regulate properly the insurance industry we will keep seeing increase in premuims.

einalem

all insurance has gone up not just new drivers I agree it's unfair but for the moment thats the way it is........I am 28 have 5 years no claims and live in Liverpool last year I paid 40 quid a month this year 60 quid a month next year they want 100 quid a month! seriously considering giving up driving

Lirin

Not all insurance has gone up- mine's just dropped to half on one car last week. Depends which company you're with. I hate comparison sites- much better to ring up and haggle over the phone. Usually nets a better deal.

There are plenty of tricks- adding additional experienced drivers, higher excess, negotiating TPFT deals with no-claims, cutting unneeded extras- I don't pay breakdown cover, for example, as there's always someone around for a tow. Limiting mileage (works sometimes, raises others), choosing a car with cheaper repair factors- there's a lot can be done to reduce costs.