Car Insurance Article Discussion

Quentin

nemero wrote: »

Just noticed that the current 'offer' of 300 points for a car insurance quote will not let you enter a renewal date after this year! Shame:(

Can't you think of a way round this problem????

bristolleedsfan

Quentin wrote: »

Can't you think of a way round this problem????

I would have got a quote for a car I was thinking of buying.

stripee

hayley1407 wrote: »

I have just gone to change my address back and they are asking for a premium of £99 and my monthly payments to increase from £47 to £87 per month!!! Any suggestions or tips would be greatly appreciated. Parting with that evey month for car insurance makes me want to cry!

What about looking into cancelling the insurance policy with your existing address, and getting a new one from the "open market" with your new address. Sometimes companies will charge an admin fee for a change of car or change of address which will be "hidden" in the increased premium. Worth asking I would have thought, as a doubling seems ridiculous. I'd certainly look into that if i were you. worth a punt, even if you lost your current year's no claims bonus.

stripee

Hi

Trying to help my friend with her insurance. She has had a lifetime of no claims bonus (24 years driving) but her current insurer will only recognise the maximum as 6 years

She had an at fault accident 2 years ago, but her NCB was protected.

She knows of course included the accident when shopping around. But what about the other (18) years that Aviva won't recognise? I'm guessing that if she put in the full 24 years, her policy quotes would be a hell of a lot lower than at present?

Can she claim she has more NCB than her existing insurer will give written evidence of? Seems harsh not to be able to claim them due to one insurance company's policy / computer system limitation?

Help appreciated for sure

Stripee

System

If the maximum percentage discount the insurer offers is related to 6 years, then regardless of how many years you have claim free, it makes no difference to the discount, but it could still reduce the base premium due to the clean record.

The only thing to be carefull of is if you change from a company that record a maximum discount of 6 years to a company that record say up to 9 years, then keep hold of the previous renewal documents to show a total NCD entitlement greater than or equal to the total recognised by the new insurer.

stripee

BAA1 wrote: »

If the maximum percentage discount the insurer offers is related to 6 years, then regardless of how many years you have claim free, it makes no difference to the discount, but it could still reduce the base premium due to the clean record.

The only thing to be carefull of is if you change from a company that record a maximum discount of 6 years to a company that record say up to 9 years, then keep hold of the previous renewal documents to show a total NCD entitlement greater than or equal to the total recognised by the new insurer.

Ok so with Aviva, she has 6 years, their "maximum" NCB allowable. I'll ask her to see if she has old documents with evidence of more years from other insurers, or if indeed she's perhaps had 6 years from aviva for the last 3 years, for example.

So you would suggest that even if she has had 24 years of accident free driving (apart from the one at-fault incident 2 years ago in which her NCB remained unaffected), that she should only ever claim the maximum number of years that she has written evidence for from any of her previous insurers?

I realise the number of years is in effect less important than the percentage of no claims discount. Do all insurers have the same maximum percentages, and what is the maximum? 40, 50, 60%?

thanks for the reply

System

stripee wrote: »

Ok so with Aviva, she has 6 years, their "maximum" NCB allowable. I'll ask her to see if she has old documents with evidence of more years from other insurers, or if indeed she's perhaps had 6 years from aviva for the last 3 years, for example.

So you would suggest that even if she has had 24 years of accident free driving (apart from the one at-fault incident 2 years ago in which her NCB remained unaffected), that she should only ever claim the maximum number of years that she has written evidence for from any of her previous insurers?

I realise the number of years is in effect less important than the percentage of no claims discount. Do all insurers have the same maximum percentages, and what is the maximum? 40, 50, 60%?

thanks for the reply

No, different insurers have different ways of applying the NCD, they all have a scale of discounts based on a number of years but some have a maximum based on 5 years but others can have a maximum based on anything up to 15 years (I believe) (5 to 9 years seems to be the most popular maximums)
The percentage discount that each insurer applies to thier own particular maximum also varies so when comparing quotes, it is important to check what the max years NCD is recognised, and what percentage discount it relates to.

As you say, keeping hold of previous renewal notices which show the NCD entitlement will allow you to provide proof to prospective new companies of the cumulative number of years so that you can show an entitlement up to their particular NCD max years.

Obviously, at the end of the day, it is not the discount that is the most important, but the total premium that is being charged.

stripee

hI bAA

Thanks, that's helpful

Honestly, all this talk of simplifying the utilities market place, what about insurance?!

Yeh, realise what you're saying about total price, can't believe how high my friends insurance is - struggling to get if under £500 which seems absolutely stupid. still have some more searching to do for her, but considering she keeps it in a garage at night, has 6 years no claims evidenced, no points etc and it's hardly a sports car (meriva 1.6) i'm amazed how pricey it is. I'm trying all the MSE tricks, and still it's high. will continue tweaking till i'm blue in the face!

Stripee

cazzagoogoo1903

DOES THE DRIVING AGE NEED TO BE RAISED TO 21?
hi, can anyone recommend insurance for my 17 yr old son who passed his driving test yesterday? I have done the comparison sites as well as indepent main ones and the cheapest price is £3134 ranging to a whopping £17000!!!!!!! this is for a vauxall corsa sxi 1.2 3 door hatchback.These prices are extortionate,probably a reason why so many younger drivers drive around with no insurance,if so many companies dont want to insure 17 year olds then why not raise the age limit until they are more 'mature and responsible'.

olly300

cazzagoogoo1903 wrote: »

DOES THE DRIVING AGE NEED TO BE RAISED TO 21?
hi, can anyone recommend insurance for my 17 yr old son who passed his driving test yesterday? I have done the comparison sites as well as indepent main ones and the cheapest price is £3134 ranging to a whopping £17000!!!!!!! this is for a vauxall corsa sxi 1.2 3 door hatchback.These prices are extortionate,probably a reason why so many younger drivers drive around with no insurance,if so many companies dont want to insure 17 year olds then why not raise the age limit until they are more 'mature and responsible'.

They would only be able to raise it to 18 as that's when you are legally an adult.

So it would make no difference.