Where can I find cheap insurance, then get a car to fit it?

InsideInsurance

Hintza wrote: »

http://www.parkers.co.uk/cars/insurance/car-insurance-groups/

Is miss leading.

The insurance groups are only relative to the security and repair costs of a vehicle.

Insurers also rate a vehicle based on their experience of claims and so cars that are heavily owned by young drivers will be priced significantly higher than another vehicle that isnt even if that other vehicle may be in a slightly higher group

tykesi

InsideInsurance wrote: »

Is miss leading.

The insurance groups are only relative to the security and repair costs of a vehicle.

Insurers also rate a vehicle based on their experience of claims and so cars that are heavily owned by young drivers will be priced significantly higher than another vehicle that isnt even if that other vehicle may be in a slightly higher group

Yes but that's sensible advice and not what the OP wants to hear. Please only tell him what he wants and then you'll be thanked for your contribution

laidbackgjr

I was recently shopping around for a new (used) car and found that even though the cars I was interested in were all similar (Mondeo / Vectra / Alfa 159 / Peugeot 508 / Passat / Accord). Different insurance companies were cheaper for different cars, so I think taking out a policy before knowing the car would be throwing money away, for me the difference between lowest to insure and most expensive on my list was around £30 per annum, so compared to other things like MPG / cost of spares / cost of purchase, the insurance differential was so small as not to be concerned with.

perrybond

BeenThroughItAll wrote: »

Driver age, driving experience, job, licence type, living arrangements, marital status, type of driving undertaken.

Overnight storage location, daytime storage location, postcode area, geographical area, type of roads in area, crime statistics for county, borough, postcode area.


.

These are not variables. These are constants; they remain the same for me, no matter what car I buy. - My postcode won't change depending upon what car I buy.

The car information (except age) is constant by car spec. (assuming no modifications.) - A car that has expensive spares is a fact, not a variable.

Perhaps I explained myself badly.
I can give an insurance company my details, turning many of the variables into constants. With that information, someone could say a
For a manual petrol car that a
2005 Citroen C1 1.0 Rhythm is cheaper than a 2008 Nisson Pixo 1.0 (or visa versa). then just run the same information through all the group 1 cars and sort them cheapest first.

I understand that perhaps no one will do this, but I bulk at the concept it is impossible.

perrybond

I am sorry tykesi, I cannot in all honesty thank someone for a post if I believe it is confusing the issue.

Insurers also rate a vehicle based on their experience of claims and so cars that are heavily owned by young drivers will be priced significantly higher than another vehicle that isnt even if that other vehicle may be in a slightly higher group[

I understand the above quote and can see the logic behind it, but I would suggest it is not a variable, but a constant (per car) that would help rank different cars and show which is cheaper to insure.

laidbackgjr

The problem with that is, just how many variables on the car can you fix, for instance you may get a different insurance quote for a 2005 Citroen C1 v a 2006 Citroen C1 or even a different quote for a 2005 Citroen C1 valued at £2,000 v one valued at £1,900.

And as I highlighted just doing one insurance company would only show which one they thought was cheapest, not which model would be cheapest if you did a whole market search.

Equally assuming you are buying a car for more than 12 months, just because say the C1 is cheaper than the Pixo this year, doesn't mean the insurers will not make the Pixo cheaper than the C1 next year or the year after depending upon what changes to their claims history happen in the interim period.

BeenThroughItAll

perrybond wrote: »

These are not variables. These are constants; they remain the same for me, no matter what car I buy. - My postcode won't change depending upon what car I buy.

The car information (except age) is constant by car spec. (assuming no modifications.) - A car that has expensive spares is a fact, not a variable.

Perhaps I explained myself badly.
I can give an insurance company my details, turning many of the variables into constants. With that information, someone could say a
For a manual petrol car that a
2005 Citroen C1 1.0 Rhythm is cheaper than a 2008 Nisson Pixo 1.0 (or visa versa). then just run the same information through all the group 1 cars and sort them cheapest first.

I understand that perhaps no one will do this, but I bulk at the concept it is impossible.

They are variables. The fact that for an individual doing a quote they remain constant doesn't make them constants from the insurer's point of view. Their systems must cope with them as variables.


The cost of spares/repairs absolutely must be taken into account as a variable in the calculation; the insurer's systems (remember, I have ACTUALLY worked on writing them, not just speculated on them as you have) take into account a lot more than you realise. Underwriting can be as sophisticated as taking into account the presence of authorised repairers in a given area and scoring the likely cost of recovery, repair, delivery, parts in that area etc. That score may vary based on the vehicle's make and model.


For example, when the original aluminium bodied Audi A8 was first sold in 1994/5, there were only four bodyshops in the whole of the UK who were authorised by Audi to repair them due to the specialised nature of the repairs. Insurers had to cope with the likely increased costs associated with this issue, and as a result your insurance cost would increase dramatically once outside the estimated catchment area of one of those repairers. If you lived on the Isle of Skye, for instance, you'd pay a boatload more than someone who lived next door to one of the workshops.


I've already suggested the answer to you, but you seem hell-bent on proving how groundbreaking your idea is whilst ignoring the fact that insurance isn't simple and that you need to have some idea of what the insured asset will be before you will get an insurer to quote a price.


What you originally asked was "Where can I find cheap insurance, then get a car to fit it?". Now you're asking the insurer to give you a price and tell you what car it's based on. Those are two different things.

Bantex_2

perrybond wrote: »

These are not variables. These are constants; they remain the same for me, no matter what car I buy. - My postcode won't change depending upon what car I buy.

The car information (except age) is constant by car spec. (assuming no modifications.) - A car that has expensive spares is a fact, not a variable.

Perhaps I explained myself badly.
I can give an insurance company my details, turning many of the variables into constants. With that information, someone could say a
For a manual petrol car that a
2005 Citroen C1 1.0 Rhythm is cheaper than a 2008 Nisson Pixo 1.0 (or visa versa). then just run the same information through all the group 1 cars and sort them cheapest first.

I understand that perhaps no one will do this, but I bulk at the concept it is impossible.

Nothing to stop you doing that yourself using a comparison site.
Enter your details and then try different cars. Failing to see the problem here.

Prothet_of_Doom

What I did was go on autotrader, get a reg number of the type of car I wanted a quote off, and put it into the quote website I was using.

for 17 year old C1, jazz, and 1007 and micra 1.0 were low, corsa 1.0 and mini cooper were high.


(Bought a cooper)

Prothet_of_Doom

Be careful with the groups. I had a list of insurance group 1 cars, and found that some cars in group 2, 3 and 4 came out cheaper.