Tired old story about car insurance

GRM

fordy wrote: »

Well I live in Liverpool L21 which I'm the first to admit is a ****hole

There are a few sites like this: http://www.motorcarinsuranceuk.co.uk/post-code-ratings.php - a quick check seems to suggest they all have the same values.

Postcodes rated A are low risk, F is the highest risk. Beyond F there is Refer - L2 is one of those.

So is mine :-( 200 yards down the road it's B.

dogbot

what on earth is that crackpot website?!

To quote some of the bull on there:

largely this is based on the crime levels in the area,

No, that is one factor of many on assessing a postcode

[FONT=Verdana, Arial, Helvetica, sans-serif]Below is a list of areas and how car insurance companies rate post code areas across the UK (please note this is accurate as far as we know but there could be slight differences).[/FONT]

Nonsense - this appears to give the impression it represents all insurers in the UK's rating. Slight differences?!

Seriously, avoid that site like the plague.

losgiganteskid

fordy wrote: »

what the hell do they want from me?

That's an easy question to answer - YOUR MONEY !!

fordy

Is there anywhere in the country now not experiencing higher crime levels?

Doesn't necessarily mean you have more chance of a theft, technology deters most but the most advanced criminals.

Its hardly a desirable car for theft anyway.

dunstonh

Nothing has changed in a year to cause these kinds of prices.

You may have heard about the credit crunch and a general aversion to risk that has occurred since then.

Well I live in Liverpool L21 which I'm the first to admit is a ****hole but ironically we never had any trouble during the riots recently.

Liverpool. There you go. The city of fraudsters and scammers... in the eyes of the insurer. That is your main problem.

fordy

If thats the case I'll quit my job as I wont be able to afford to go to work without a car and sign on the dole.

The economy cannot sustain such increases.

dunstonh

fordy wrote: »

If thats the case I'll quit my job as I wont be able to afford to go to work without a car and sign on the dole.

The economy cannot sustain such increases.

Or, perhaps get a cheaper car and live within your budget?

Sorry, that reads harsher than it is meant but there is no other way of putting it really. In real terms, car insurance is still relatively cheap going by historical prices. Higher risk areas/individuals have seen greater increases recently compared to low risk areas/individuals. However, if you can no longer afford the car insurance, then there really is one sensible alternative. Giving up the job is not that.

Peter999_2

What's your credit rating like?, the insurance company I worked for started looking at credit ratings as part of the premium calculation.

The worse the credit rating was, the higher the risk of a claim.

fordy

I bought the car a year ago, without spending A LOT more, I can't get a more cheaper car to run, it is after all only a 1.4. I downgraded to live within my budget which gets worse week by week thanks to the current situation, charging more for everything doesn't help anyone but the fat cats.

Public transport is useless where I live and would cost a lot more per journey than the car (even with insurance).

There needs to be a reality check by insurance companies, situations like this will only serve to increase the number of uninsured drivers. They know people are dependent on cars for day to day life, just like the government and petrol, but thats another argument for another thread.

fordy

my credit rating is fine, I've been checked regularly since the sony situation earlier this year.