Car insurance mileage

Sgt_Pepper_2

boomerangguy wrote: »

I used to drive a Peugeot 405 turbo diesel estate 1800cc. I decided to buy a smaller car for cheaper road tax and brought a smaller Ford Fiesta 1272cc car. All the details are the same for insurance purposes. I am a mature driver with 9 years no claims bonus

I was expecting the insurance for the new car to be considerably cheaper as it also as airbag and immobiliser. However when I got the renewal the price of the new car was CONSIDERABLY MORE than the old car. I dont understand why this could be any ideas? I have tried a number of sites and get a similar answer.

Because its worth more?

colino

Most questions, and reasons for variation on premium, seem to be pretty pointless, apart from you, your health, how many miles you drive (exposure to potential claim), etc. Even the value of the car is pretty irrelevant as a 911 driver will acturarially behave better driving his prized possession than someone in a banger.
The real, potential costs are the third party ones, where even if you are a retired vicar driving your Allegro 1000 miles a year you might still accidentally wipe out, in a moment of distraction, an innocent bus queue.

Sgt_Pepper_2

colino wrote: »

Most questions, and reasons for variation on premium, seem to be pretty pointless, apart from you, your health, how many miles you drive (exposure to potential claim), etc. Even the value of the car is pretty irrelevant as a 911 driver will acturarially behave better driving his prized possession than someone in a banger.
The real, potential costs are the third party ones, where even if you are a retired vicar driving your Allegro 1000 miles a year you might still accidentally wipe out, in a moment of distraction, an innocent bus queue.

That's why retired people pay more!

dacouch

colino wrote: »

Most questions, and reasons for variation on premium, seem to be pretty pointless, apart from you, your health, how many miles you drive (exposure to potential claim), etc. Even the value of the car is pretty irrelevant as a 911 driver will acturarially behave better driving his prized possession than someone in a banger.
The real, potential costs are the third party ones, where even if you are a retired vicar driving your Allegro 1000 miles a year you might still accidentally wipe out, in a moment of distraction, an innocent bus queue.

Not the greatest example, often Porsche and exotic car owners have occupations that lead to more accidents often with expensive claims for their high earning passengers.

Certainly the Porsche drivers I have ever been in a car with have on the whole not been good drivers and take far more risks. Someone who buys a high performance car buys it for a reason eg for the performance [STRIKE]and they have a small....[/STRIKE]

With exotic cars you also have the added issue of them being targeted by professional thieves. A newish Porsche will cost an Insurer upwards of £60k to replace. Professional thieves tend to target exotic or executive cars, if they steal them the chances of recovery are fairly slim.

When you start looking at much older Porsches, then the claims ratio reduces dramtically as they tend to be owned as a classic car and the drivers do tend to cherish them

marlot

Deleted_User wrote: »

What if someone else drives your car under their DOC insurance, will that still count towards the annual mileage that you told the insurance company?

E.g. I could do 10K a year and told my insurance company that I did 10K a year also. But then a family member could use my car under their DOC insurance and do another 5K over the year.

I suspect that the insurance company may not believe you come a claim. If they refused to pay out, you'd always have the option of persuading the ombudsman or a court that what you're saying is true. But it would be for you to prove it.

vikingaero

advantix wrote: »

Not always, my policy allows me to drive any vehicle not owned by me or hired to me on DOC cover. It also states it is irrespective of whether the other car is insured or not. So the other vehicle does not always need insurance.

You are fine when you drive from a private place to another private place (ie from your yard to your own driveway). The problem is when you stop. You might stop for petrol, visit the supermarket or pop into the bank to pay a cheque in. As soon as you leave the vehicle it is uninsured and the Registered Keeper would be liable and the vehicle may/would be seized.

mikey72

colino wrote: »

Most questions, and reasons for variation on premium, seem to be pretty pointless, apart from you, your health, how many miles you drive (exposure to potential claim), etc. Even the value of the car is pretty irrelevant as a 911 driver will acturarially behave better driving his prized possession than someone in a banger.
The real, potential costs are the third party ones, where even if you are a retired vicar driving your Allegro 1000 miles a year you might still accidentally wipe out, in a moment of distraction, an innocent bus queue.

Not really. The number of times a driver wipes out a bus queue of innocent people is low, compared to the number of times there will be a claim for a parking scuff on a bollard. So the cost to repair the scuff carries more weight, as the risk for the type of claim is much higher.

Wh05apk

boomerangguy wrote: »

I used to drive a Peugeot 405 turbo diesel estate 1800cc. I decided to buy a smaller car for cheaper road tax and brought a smaller Ford Fiesta 1272cc car. All the details are the same for insurance purposes. I am a mature driver with 9 years no claims bonus

I was expecting the insurance for the new car to be considerably cheaper as it also as airbag and immobiliser. However when I got the renewal the price of the new car was CONSIDERABLY MORE than the old car. I dont understand why this could be any ideas? I have tried a number of sites and get a similar answer.

Its all down to risk, presumably the 405 is seen as a "boring family" car, driven by "sensible" people, the Fiesta is a typical first time buyers car, and is attractive to car thieves, a while ago for a laugh I got a quote for my 18y/o daughter on a 2.4ltr c class mecedes, and was amazed how low it was, presumably insurers feel a car like that would be less risk than a typical new drivers car.

scaredofdebt

Shop around, my previous insurer didn't charge me any more even though I put down I was doing 30k - unfortunately I can't remember who it was, sorry! This is where the likes of Confused are useful.

It might have been eCar, I change insurers every year so that's why I have problems remembering!

scottishperson2

Deleted_User wrote: »

What if someone else drives your car under their DOC insurance, will that still count towards the annual mileage that you told the insurance company?

E.g. I could do 10K a year and told my insurance company that I did 10K a year also. But then a family member could use my car under their DOC insurance and do another 5K over the year.

Looking at the question on one comparison site, the question is

Roughly how many miles does your car cover in a year?

from

https://www.moneysupermarket.com/