Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • liamcal93
    • By liamcal93 14th Sep 18, 12:03 PM
    • 7Posts
    • 1Thanks
    liamcal93
    Car insurance postcode change - price hike
    • #1
    • 14th Sep 18, 12:03 PM
    Car insurance postcode change - price hike 14th Sep 18 at 12:03 PM
    So, my car insurance renewal is coming up, and it's coinciding with a house move.

    I currently live with my parents in Leeds, LS26 postcode, and my girlfriend and I are about to complete on our house in Huddersfield, HD3 postcode.

    On all the comparison sites, changing only the address can take my insurance premium from 400 up to 700. Why would that possibly happen? Considering that my new postcode is apparently less risky?

    So frustrating, any ideas what I can do?!
Page 1
    • paddyandstumpy
    • By paddyandstumpy 14th Sep 18, 1:06 PM
    • 1,177 Posts
    • 665 Thanks
    paddyandstumpy
    • #2
    • 14th Sep 18, 1:06 PM
    • #2
    • 14th Sep 18, 1:06 PM
    Whilst you may consider it less risky apparently insurers don't share your view.

    Aside from following the MSE guide to reducing the cost of your insurance there is little you can do.
    • liamcal93
    • By liamcal93 14th Sep 18, 1:33 PM
    • 7 Posts
    • 1 Thanks
    liamcal93
    • #3
    • 14th Sep 18, 1:33 PM
    • #3
    • 14th Sep 18, 1:33 PM
    I'm only going off the websites that have the postcode risk ratings relating to car insurance, it wasn't just me guessing.

    Just seems a ridiculous jump to me?
    • AstroTurtle
    • By AstroTurtle 14th Sep 18, 2:10 PM
    • 247 Posts
    • 678 Thanks
    AstroTurtle
    • #4
    • 14th Sep 18, 2:10 PM
    • #4
    • 14th Sep 18, 2:10 PM
    I'm only going off the websites that have the postcode risk ratings relating to car insurance, it wasn't just me guessing.

    Just seems a ridiculous jump to me?
    Originally posted by liamcal93

    The following crime statistics for the postcode area LS26 (Leeds) are based on official police recorded crime reports.
    • Vehicle/car crime 24% worse than average
    • Burglary 9% better than average


    The following crime statistics for the postcode area HD3 (Huddersfield) are based on official police recorded crime reports
    • Vehicle/car crime - 49% worse than average
    • Burglary - 25% worse than average

    It appears theft risk alone is higher but one thing you cannot check for is how other people from those postcodes drive. It could be that drivers with the postcode and area have higher claims ratio's than LS.
    • Nasqueron
    • By Nasqueron 14th Sep 18, 4:02 PM
    • 5,951 Posts
    • 3,600 Thanks
    Nasqueron
    • #5
    • 14th Sep 18, 4:02 PM
    • #5
    • 14th Sep 18, 4:02 PM
    I tried this app recently which was quite interesting, it shows you how insurers rate you... crime stats, what age is best for insurers etc - check it out
    Originally posted by bartont123
    Flagged as spam as this "app" appears to be linked to a firm of the same name offering insurance
    • Carrot007
    • By Carrot007 14th Sep 18, 4:13 PM
    • 1,703 Posts
    • 1,449 Thanks
    Carrot007
    • #6
    • 14th Sep 18, 4:13 PM
    • #6
    • 14th Sep 18, 4:13 PM
    The following crime statistics for the postcode area LS26 (Leeds) are based on official police recorded crime reports.
    • Vehicle/car crime 24% worse than average
    • Burglary 9% better than average


    The following crime statistics for the postcode area HD3 (Huddersfield) are based on official police recorded crime reports
    • Vehicle/car crime - 49% worse than average
    • Burglary - 25% worse than average

    It appears theft risk alone is higher but one thing you cannot check for is how other people from those postcodes drive. It could be that drivers with the postcode and area have higher claims ratio's than LS.
    Originally posted by AstroTurtle

    It's utterly ridiculous that more stats are not kept. Using incode only for area analysis is useless. There are usually really good and really bad areas in such partial postcodes.


    Keeping it to Incode + 1 (digit of Outcode) would be much better.


    But it's what is kept these days. This is often the reason websites think I am in West Yorkshire when I am in North Yorkshire (Yes I have an LS postcode).
    • liamcal93
    • By liamcal93 14th Sep 18, 4:53 PM
    • 7 Posts
    • 1 Thanks
    liamcal93
    • #7
    • 14th Sep 18, 4:53 PM
    • #7
    • 14th Sep 18, 4:53 PM
    I agree, knowing the area somewhat, the street we are moving onto is in a quieter and nicer/more modern area, but it is lumped by postcode with other shall I say "not so nice" estates which I imagine most of the crime comes from.

    I understand they have to assess the risk somehow, but a 80% price hike based on 2 fairly comparable areas is just silly! On the sites that have postcode by risk ratings as apparently used by car insurance companies, the LS postcode is an F, and the HD postcode is an E?!
    • trailingspouse
    • By trailingspouse 14th Sep 18, 5:32 PM
    • 3,008 Posts
    • 4,876 Thanks
    trailingspouse
    • #8
    • 14th Sep 18, 5:32 PM
    • #8
    • 14th Sep 18, 5:32 PM
    It works the other way, too. We moved from a quiet cul-de-sac in the middle of nowhere that happened to have an Oldham postcode, to a main road on the outskirts of a small town that happens to have a Bradford postcode. Our car insurance went down.
    • rudekid48
    • By rudekid48 14th Sep 18, 8:43 PM
    • 2,113 Posts
    • 3,596 Thanks
    rudekid48
    • #9
    • 14th Sep 18, 8:43 PM
    • #9
    • 14th Sep 18, 8:43 PM
    I agree, knowing the area somewhat, the street we are moving onto is in a quieter and nicer/more modern area, but it is lumped by postcode with other shall I say "not so nice" estates which I imagine most of the crime comes from.

    I understand they have to assess the risk somehow, but a 80% price hike based on 2 fairly comparable areas is just silly! On the sites that have postcode by risk ratings as apparently used by car insurance companies, the LS postcode is an F, and the HD postcode is an E?!
    Originally posted by liamcal93
    Those websites are a waste of space. No insurers use them, they all rate based on their own experience.
    All matter is merely energy condensed to a slow vibration, we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.
    • societys child
    • By societys child 14th Sep 18, 8:56 PM
    • 5,511 Posts
    • 6,158 Thanks
    societys child
    . . . the street we are moving onto is in a quieter and nicer/more modern area, but it is lumped by postcode with other shall I say "not so nice" estates which I imagine most of the crime comes from.
    Originally posted by liamcal93
    Ah, maybe that's the problem, the "not so nice" estates target the "quieter and nicer/more modern areas" . . making them higher risk? That's how it tends to work.

    • Aretnap
    • By Aretnap 14th Sep 18, 8:57 PM
    • 3,031 Posts
    • 2,553 Thanks
    Aretnap
    I'm only going off the websites that have the postcode risk ratings relating to car insurance, it wasn't just me guessing.
    Originally posted by liamcal93
    There are no websites which have "the postcode risk ratings relating to car insurance" - these are specific to each insured and are not publicly disclose. There are a few dubious webaites which CLAIM to have this data, as a way of attracting clicks and boosting their Google page rankings, but the list they all use is IIRC Aviva's ratings for MOTORBIKE insuramce from 1990-something. It has absolutely nothing to do with midern car insurance prices.

    As Queen Victoria put it, don't believe everything you read on the Internet.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,048Posts Today

8,282Users online

Martin's Twitter