Renewal has just popped through the letterbox for my IS200 Privilege ( last years best quote ) is now
one of the dearest £363.45p , fully comp for me & my wife , bonus protected, windscreen cover , legal cover , courtesy car
just got an online quote from Hastings essential for £207.92p for exactly the same deal as Privilege were asking
just goes to show you that it pays well to shop around !

Wow that's really cheap insurance, wonder how long it'll be before my premiums look like that............just renewed for £550

Agree though, my renewal first popped through at £680 from Admiral, put it in confused.com and the quote of £550 came up also with Admiral

[quote name='Parthiban' date='24 July 2010 - 04:04 PM' timestamp='1279983897' post='727455']
Wow that's really cheap insurance, wonder how long it'll be before my premiums look like that............just renewed for £550

Agree though, my renewal first popped through at £680 from Admiral, put it in confused.com and the quote of £550 came up also with Admiral
[/quote]
i pay just over £200 fully comp....i'm 30

[quote name='ormi' date='24 July 2010 - 04:35 PM' timestamp='1279985750' post='727460']
i pay just over £200 fully comp....i'm 30
[/quote]
I'm 27 with 5 years no claims.......I'm guessing it's something to do with where we live as mine isn't even supercharged

Always a good idea to try your existing insurer on line when you get a renewal.

[quote name='Parthiban' date='24 July 2010 - 04:41 PM' timestamp='1279986114' post='727461']
[quote name='ormi' date='24 July 2010 - 04:35 PM' timestamp='1279985750' post='727460']
i pay just over £200 fully comp....i'm 30
[/quote]
I'm 27 with 5 years no claims.......I'm guessing it's something to do with where we live as mine isn't even supercharged
[/quote]
dont feel bad if i take the wife off mine it jumps up to nearly £1000!!!!!!! i'll just leave her on then!!!!

that's cos your wife is a traffic cop ormi... reckon the insurers probably presume she's a low risk!

[quote name='ormi' date='24 July 2010 - 05:56 PM' timestamp='1279990598' post='727467']
dont feel bad if i take the wife off mine it jumps up to nearly £1000!!!!!!! i'll just leave her on then!!!!
[/quote]
That's amazing that it makes that much of a difference! Shows how insurance companies really are taking the pi**!

I got my Flux renewal of £900 compared to last years £1000 price, put in a quote as a new customer and got £1100, money supermarket and compare the market came up at £1400 and £1800, shopped around the old fashioned way by goin to each company individually and got a quote of £622, and Flux undercut at £600 on the dot, it'll do I suppose

haha mine is £2500 with cooperative and thats 2nd driver with my dads fully comp as i have recently passed my test in september i am 20 years old on my own its over 4-5K

[quote name='D6NGR' date='24 July 2010 - 08:47 PM' timestamp='1280000839' post='727478']
haha mine is £2500 with cooperative and thats 2nd driver with my dads fully comp as i have recently passed my test in september i am 20 years old on my own its over 4-5K
[/quote]
Whoa it's really gone up then, when we first got this car I was a second driver (as I was 19) and it was only £1300

im 26 with 7 years no claims and im still paying £912 fully comp and that is the cheapest found online, next one nearest to that was £1250 by flux wchich is suprising because i only used to pay £290 fully compy for my mk4 golf gti turbo.

I sometimes wonder about whether there is scientific basis for car insurance premiums at all with such wide variations. Could it be that those people you speak to have a lot of leeway on price and providing that they get the right average premium over all their customers in each category, they don't mind giving a low cost deal to get the business. In other words, it is just like selling anything else.

[quote name='kenfoxy' date='25 July 2010 - 01:58 PM' timestamp='1280062695' post='727512']
I sometimes wonder about whether there is scientific basis for car insurance premiums at all with such wide variations. Could it be that those people you speak to have a lot of leeway on price and providing that they get the right average premium over all their customers in each category, they don't mind giving a low cost deal to get the business. In other words, it is just like selling anything else.
[/quote]
I used to work as an actuary, and still know people who work in insurance and at a higher level it is worked out quite accurately. The actuaries calculate the risks involved and how much money the insurance company needs to make sure they're covered. Obviously beyond that they are just selling a product so once it gets to sales they will be applying a certain markup, and when young drivers and such are concerned they probably apply a higher markup not purely because they're a higher risk, but also because their options are limited.

[quote name='Parthiban' date='25 July 2010 - 05:03 PM' timestamp='1280073790' post='727522']
[quote name='kenfoxy' date='25 July 2010 - 01:58 PM' timestamp='1280062695' post='727512']
I sometimes wonder about whether there is scientific basis for car insurance premiums at all with such wide variations. Could it be that those people you speak to have a lot of leeway on price and providing that they get the right average premium over all their customers in each category, they don't mind giving a low cost deal to get the business. In other words, it is just like selling anything else.
[/quote]
I used to work as an actuary, and still know people who work in insurance and at a higher level it is worked out quite accurately. The actuaries calculate the risks involved and how much money the insurance company needs to make sure they're covered. Obviously beyond that they are just selling a product so once it gets to sales they will be applying a certain markup, and when young drivers and such are concerned they probably apply a higher markup not purely because they're a higher risk, but also because their options are limited.
[/quote]

I imagine renewals are just plucked out of the air in the region of the previous annual premium in the hope that people can't be bothered shopping around tho, altho I was told when I first rang with my renewal that they were struggling to match my best quote, and that i'd get a call back, (which I never got lol) when I called back they managed a better price straight away, this 'certain mark up' is anything they feel like trying to get out of a customer tho

im 26 with 3 years no claims and i have just payed £627 fully comp with hastings direct

44, 9 yrs no claims (it's actually more but that's all they'll allow), just over £400 with Auto Trader :-o

Everywhere else wanted 600 odd! Barstewards!!!

Premiums have definately gone up.

I am 31 and have just paid £440 and that was the cheapest I could get.

A jump of £50 on last year.

Crap!

Hi All,

I use Sky Ins 42 yrs old, 20 yrs NCD which nobody ever recognises so only at 9 yrs NCD. IS200 Sport SC, £350 fully Comp with £150 excess and I forgot to put the missus on!

im 29, Fully Comp, 9yrs NCB - Just under £400

Guys may I ask, how much does the premium rise if you add a spoiler or full body kit? In other words, does it a make a big difference (if you are using) OEM kit?

Thanks
Ahmed

My renewal last year was £515, im 23, 4yrs NCB driving a Tezza Fully Comp, re-newals due in sept

im 31 with 6 years no claims and cheapest i got was 745! what a joke. flux wanted a grand!! privilige wanted 1500 eventhough i insured my volvo t4 with them for 395 quid. work that one out!

[quote name='ABMA' date='29 July 2010 - 05:12 PM' timestamp='1280419939' post='727897']
Guys may I ask, how much does the premium rise if you add a spoiler or full body kit? In other words, does it a make a big difference (if you are using) OEM kit?

Thanks
Ahmed
[/quote]

That all depends on who your insured with as some won't add anything and some will it all down to the individual company

[quote name='buzzin' date='29 July 2010 - 07:38 PM' timestamp='1280428692' post='727911']
im 31 with 6 years no claims and cheapest i got was 745! what a joke. flux wanted a grand!! privilige wanted 1500 eventhough i insured my volvo t4 with them for 395 quid. work that one out!
[/quote]


Thats crazy, im insured with Flux

39 over 9 years NCB.

Was quoted £295 fully comp with windscreen, protected ncb and all the trimmings last year.
Made the mistake of moving and got my renewal. £780 that was from qwik fit

Went online and got it down to just over £400 but as I said I moved and that really loaded my preminum as you can see.

I used to live in a village that had a main road run through it some years ago. Because the road was notorious for accidents this loaded my premium as it was flagged for "Large claim numbers" So post codes play a HUGE part in how much you pay for your insurance. I was smart enough to move into a city that was declared murder capital of the UK around 5 years ago. houses are cheap but it sux for car insurance.

Also if you use more than one comparison website I found differences from the same companies up to £100 from one comparison website to another. Now how does that work???

comparethemarket.com
confused.com
moneysupermarket.com
gocompare.com

Check them out and see the differences.

comparethemarket.com
confused.com
moneysupermarket.com
gocompare.com

all the above quoted me stupid, £1400+

i'm with flux and always find a company that manages to undercut, and then flux matches or beats it, works fine for me

i just got my insurance renewal and its £652 for a 10months! i paid £560 last year.. i currently have 3 years driving experience, 3 NCB and im 31. Im currently with Admiral and after doing a new quote with Elephant which is basically the same group i got it down to £548! Im going to shop around but im planning to have non increasing BHP mods installed on my car... any recommendations?

Just got mine in, £320.00 fully comp with protected no claims and i had a claim last year which allowed me to buy the LEX,

DIRECT LINE Insurance

[quote name='JollyRoger' date='02 August 2010 - 08:35 PM' timestamp='1280777726' post='728273']
Just got mine in, £320.00 fully comp with protected no claims and i had a claim last year which allowed me to buy the LEX,

DIRECT LINE Insurance
[/quote]
£320 fully comp with [b]guaranteed [/b][u][/u]protected no claims bonus from Liverpool Victoria.

20 yrs old, 1yrs NCB, 3 years driving experience, no crashes, £1550 with Churchill online quote.

Try Aviva directly.

40 years old, full no claims, Fully comp with business use - £230 swiftcover.com