Sexist Car insurance

lisyloo

did you do your sums right? or do you drive a Fiat 500?

Yes I did do my sums right (I have checked it).
I don't want to give the exact figure (as my salary details are personal) but my insurance was a two figure sum after cashback.

I drive a 1.8 Subaru Legacy 4WD estate.

magyar

lisyloo wrote:

Yes I did do my sums right (I have checked it).
I don't want to give the exact figure (as my salary details are personal) but my insurance was a two figure sum after cashback.

I drive a 1.8 Subaru Legacy 4WD estate.

A TWO FIGURE SUM! My word! My wife's insurance is £200 and she has full no claims, never had an accident, drives a Seat Ibiza. Who do you get your insurance with?!

lisyloo

I got my insurance with the AA via quidco.
I got £60 cashback.
I would certainly recommend using quidco but don't go for a higher quote or inferior cover purely on that basis (occassionally there are problems with getting the cashback so you shouldn't rely on it 100%).

I have 3rd party only cover (with NCB protected). I don't pay for the legal cover (because I am already covered on my motorcycle insurance).

As an aside we have our breakdown cover via AutoAid.
This costs £32 for a married couple so in our household it covers 2 cars and 1 motorbike.

All of which I learnt and benefitted from this site - so a general thankyou to the boards.

inmypocketnottheirs

It just occurred to me whilst revisiting this thread, that I wonder how insurance premiums work in the US and Europe. I know from experience in Spain, Greece and the US it is not the person that is insured but the vehicle.

This means that any car can be driven by any person. Obviously the system in the UK means that insurers can squeeze the maximum premium out of drivers, by penalising them by age, endorsements, car type etc etc. I guess it could just be another example of rip of Britain?

Annando

We have to renew our insurance in a couple of weeks times so have done the rounds of cashback sites etc... was amazed at the different quotes we got.
This is for OH so male, 8 years NCB, no accidents in past 10 years, no convictions, on fully comprehensive for a yaris 2004... Only minor glitch is that OH was made redundant last month...but being unemployed shouldn't be a problem with such an umblemished record right??????? (Got 2 quotes from Lloyds and Prudential via quidco)

Well it is a problem...apparently if you are unemployed you can afford to pay £100 more for your car insurance. The quote we got after cashback was £95 if he was still employed and £190 if he was unemployed...

Biased or what?

gazza975526570

Perhaps is due to the fact if you are unemployed and potentially more likely to drive your car for more miles during this period

lisyloo

Obviously the system in the UK means that insurers can squeeze the maximum premium out of drivers

I am not sure how you manage to work that out.
I would see it the other way round - that in other countries people overpay for insurance they don't need.
Some of us are not being squeezed (as you can see from my previous post).
If you
a) shop around
b) get cashback
c) don't overinsure
d) don't duplicate e.g. several legal policies may not be necessary

I'm sure Martin will have an article with lots of good tips in.

I guess it could just be another example of rip of Britain?

Put some effort in and you won't get ripped off.
Many industries rely on the fact that most people won't put effort in.

lisyloo

Perhaps is due to the fact if you are unemployed and potentially more likely to drive your car for more miles during this period

Well you won't be commuting and (probably) not driving in the rush hour.
I would have thought unemployed people would drive LESS due to less money and not commuting.
I have no idea of the reason for this.

Perhaps in general unemployed people have more accidents and your OH is unfortuntately in being categorised along with the "long term" unemployed.
Probably just a case of falling into the wrong category.

One could argue that this is discriminatory also, but they have o have SOME rules. They can't calculate every premium by hand as it would push prices up no end.

exel1966

Annando wrote:

We have to renew our insurance in a couple of weeks times so have done the rounds of cashback sites etc... was amazed at the different quotes we got.
This is for OH so male, 8 years NCB, no accidents in past 10 years, no convictions, on fully comprehensive for a yaris 2004... Only minor glitch is that OH was made redundant last month...but being unemployed shouldn't be a problem with such an umblemished record right??????? (Got 2 quotes from Lloyds and Prudential via quidco)

Well it is a problem...apparently if you are unemployed you can afford to pay £100 more for your car insurance. The quote we got after cashback was £95 if he was still employed and £190 if he was unemployed...

Biased or what?

Just as a single person will pay a higher premium than a married person or a mortgage holder would pay less than non-mortgage holder.There are hundreds of these baffling anomylies used by the insurance sector to raise our premiums.

Annando

gazza975526570 wrote:

Perhaps is due to the fact if you are unemployed and potentially more likely to drive your car for more miles during this period

I don't get it... how could an insurance company make such an assumption? This would mean that we would have more money to go on trips? Or that job interviews are bound to be miles away and not accesible by train or bus?
Plus they do ask you already how many miles you do a year, so being unemployed shouldn't be a factor.

Anyway... Last year with cashback the insurance premium came to £155... this year if OH finds a job within next 2 weeks it will come to £85 with cashback... Or maybe I just need to continue searching!