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Goskippy/Debenhams High excess-low premium insurance
Samotaurus
Posts: 2 Newbie
Want to know if anyone has opted for one of these policies.
I pretty much spend half of my day looking at car ads and insurance policies and being a first time driver aged 23 the lowest I will ever get is between 1000-1500 on a low insurance group hatch etc.
Occasionally though I find slightly higher insurance group vehicles that have sky high quotes, £2000+ at the cheapest end, except for Goskippy and Debenhams who will insure me for under £400 but the excess is 1350, voluntary plus compulsory.
Has anyone seen these kinds of quotes and actually opted for them? Worst case scenario I have to pay out, that would still take my yearly insurance cots to 1750 and would only be a few hundred pounds more expensive than the lowest quotes I have seen.
In fact those tend to have 500-600 excess so those end up being worth the same if I had to make a claim anyway.
Is the excess the only catch to these policies? Seems way too good to be true.....
I pretty much spend half of my day looking at car ads and insurance policies and being a first time driver aged 23 the lowest I will ever get is between 1000-1500 on a low insurance group hatch etc.
Occasionally though I find slightly higher insurance group vehicles that have sky high quotes, £2000+ at the cheapest end, except for Goskippy and Debenhams who will insure me for under £400 but the excess is 1350, voluntary plus compulsory.
Has anyone seen these kinds of quotes and actually opted for them? Worst case scenario I have to pay out, that would still take my yearly insurance cots to 1750 and would only be a few hundred pounds more expensive than the lowest quotes I have seen.
In fact those tend to have 500-600 excess so those end up being worth the same if I had to make a claim anyway.
Is the excess the only catch to these policies? Seems way too good to be true.....
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Comments
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You only have to pay an excess for damage to your own car so if you drive an old banger then its fine to have a high excess so long as you don't expect anything back for your own car in the event of an at fault accident.0
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I just tried Debenhams for my daughter; they look like they are basically Direct Line in disguise. Anyway the quote was over twice the price of Admiral group even with a high excess selected.0
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Yeah it depends on the vehicle, which is the other really dodgy part about this all.
When I try to insure like a 1.2 litre Skoda Fabia they will quote me like 2500-3000 whereas the admiral group insurers will be under 1500. But when I get quotes for something else, in this case a sports trim Toyota Yaris, the admiral group quotes jump to 2000+ but then the debenhams/goskippy drop significantly down to 400 which is super confusing and why I am not sure what to make of it all!0 -
Sports Trim Yaris is that the one with the optional rear brakes?Censorship Reigns Supreme in Troll City...0
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forgotmyname wrote: »Sports Trim Yaris is that the one with the optional rear brakes?
It might be the one with an engine!0
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