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Author Car Insurance Due
p
Member

Registered: 20th Apr 04
Location: England
User status: Offline
21st Sep 10 at 19:27   View User's Profile U2U Member Reply With Quote

So crazy. Trying to insure one of my cars (little Corsa C) so I've done all the usual, go compare, elephant, and like. The most common price was around 470 pounds, and the most ridiculous prices were around 1500 quid. I did find one website that gave me a quote of 350 pounds. I mean the difference in the amounts is just laughable, and so extreme as well. How can some insurance companies quote me over 1 thousand pounds more than my cheapest option.

But who does every one else use ?
Eddx14xe
Member

Registered: 12th Jan 10
Location: Hertfordshire
User status: Offline
21st Sep 10 at 21:21   View User's Profile U2U Member Reply With Quote

I got a quote once for £99,999 for a lexus IS200.

The car was only around £2000-3000 to buy

[Edited on 21-09-2010 by Eddx14xe]
Pop
Member

Registered: 8th May 03
Location: Reading
User status: Offline
21st Sep 10 at 22:02   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by corsadee
So crazy. Trying to insure one of my cars (little Corsa C) so I've done all the usual, go compare, elephant, and like. The most common price was around 470 pounds, and the most ridiculous prices were around 1500 quid. I did find one website that gave me a quote of 350 pounds. I mean the difference in the amounts is just laughable, and so extreme as well. How can some insurance companies quote me over 1 thousand pounds more than my cheapest option.

But who does every one else use ?


Because they don't want you as a risk as much as others do and are pricing themselves out of it.
Mase
Premium Member

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Registered: 16th Sep 01
Location: Derbyshire
User status: Offline
21st Sep 10 at 22:05   View Garage View User's Profile U2U Member Reply With Quote

I got a quote of £5500 on my Focus from Performance Direct. I ended up paying £800 elsewhere! To be fair though, I did get three quotes within about £30 of one another, it was just the excess that put them out the running, it was this one at £5.5k that stuck out a tad...


Mase
p
Member

Registered: 20th Apr 04
Location: England
User status: Offline
21st Sep 10 at 22:25   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Pop
quote:
Originally posted by corsadee
So crazy. Trying to insure one of my cars (little Corsa C) so I've done all the usual, go compare, elephant, and like. The most common price was around 470 pounds, and the most ridiculous prices were around 1500 quid. I did find one website that gave me a quote of 350 pounds. I mean the difference in the amounts is just laughable, and so extreme as well. How can some insurance companies quote me over 1 thousand pounds more than my cheapest option.

But who does every one else use ?


Because they don't want you as a risk as much as others do and are pricing themselves out of it.

But I'm 24 with 5 years no claims and never any claims or accidents in my 7 years of driving
Pop
Member

Registered: 8th May 03
Location: Reading
User status: Offline
22nd Sep 10 at 13:03   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by corsadee
quote:
Originally posted by Pop
quote:
Originally posted by corsadee
So crazy. Trying to insure one of my cars (little Corsa C) so I've done all the usual, go compare, elephant, and like. The most common price was around 470 pounds, and the most ridiculous prices were around 1500 quid. I did find one website that gave me a quote of 350 pounds. I mean the difference in the amounts is just laughable, and so extreme as well. How can some insurance companies quote me over 1 thousand pounds more than my cheapest option.

But who does every one else use ?


Because they don't want you as a risk as much as others do and are pricing themselves out of it.

But I'm 24 with 5 years no claims and never any claims or accidents in my 7 years of driving


That's great, but if the underwriters have decided they are targetting 30+ year olds as they have too many people in their 20's on the books then the price won't be as great. Just shop around and you will find insurers who will be competitive for you as you are in their captive market.
sc0ott
Member

Registered: 16th Feb 09
User status: Offline
22nd Sep 10 at 13:06   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Eddx14xe
I got a quote once for £99,999 for a lexus IS200.

The car was only around £2000-3000 to buy

[Edited on 21-09-2010 by Eddx14xe]


What made you decline?
3CorsaMeal
Member

Registered: 11th Apr 02
User status: Offline
22nd Sep 10 at 13:13   View User's Profile U2U Member Reply With Quote

Admiral multicar i've just gone with, insured both of my cars for under £800

 
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