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Car insurance rates - times are a con?

Having searched for Car Insurance quotes as renewal due soon, I find that the rates are excessive having driven for over 45 years the rates have always gone up every year, on this occassion I find the rates have increased again to a point that on one site I was quoted £200.00 + plus £100-200 excess plus voluntry excess £50.00 = say £400+ for a estimated payout if necessary of £300.00 estimate of value if car written off.

Any other people with 2nd hand cars come across this situation???:j

Comments

  • ormus
    ormus Posts: 42,714 Forumite
    the value of your car within the insurance premium is very small beer.
    your premium is there to cover a possible 5m quid payout to an accident victim.

    your 300 quid mondeo is niether here nor there.
    Get some gorm.
  • MIKE770 wrote: »
    Having searched for Car Insurance quotes as renewal due soon, I find that the rates are excessive having driven for over 45 years the rates have always gone up every year, on this occassion I find the rates have increased again to a point that on one site I was quoted £200.00 + plus £100-200 excess plus voluntry excess £50.00 = say £400+ for a estimated payout if necessary of £300.00 estimate of value if car written off.

    Any other people with 2nd hand cars come across this situation???:j

    know what your saying Mike, its killing me, 14 year old Volvo is costing me £650 a year, I have 1000 excess to get it to that price (car value about 300) 5 years ago I was paying £280 on the same car with only 150 excess and none of my circumstances have changed
    :: No Unapproved or advertising links in signatures please - FM ::
  • Nile
    Nile Posts: 14,802 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="forumteam@moneysavingexpert.com"]forumteam@moneysavingexpert.com[/EMAIL].
    10 Dec 2007 - Led Zeppelin - I was there. :j [/COLOR]:cool2: I wear my 50 (gold/red/white) blood donations pin badge with pride. [/SIZE][/COLOR]Give blood, save a life. [/B]
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