What the hell is it with car insurance....?

So, I'm approaching renewal time.

Using GoCompare I've been given a range of prices around £550 fully comp.

Not bad.

Just to see I thought I'd see how much I'd save by going 3rd party only, the car is pretty old, and I'd repair it myself in the event of an accident that was my fault. Prices?

Around £1200!

For less cover. No legal protection, no hire car, no nothing.

How the hell does that work?

They think you only want fire and theft so you can torch it and claim.....!!!!

Fully comp = people who care about and look after their car..
Third party = people who do not care about their cars..

Load of nonsense..

Lancaster online have come in at £2463!

They obviously just don't want the business.

MrGorsky said:

Lancaster online have come in at £2463!

They obviously just don't want the business.

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No, they are hoping for your business..

try Sure term, they deal with all 4x4 and classic insurance

JonnyP said:

No, they are hoping for your business..

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Ha!

Deterrent pricing. Not aimed at you - aimed at under 20s who've just passed their tests.

G~

thats good !

the insurance on my L322 cost me £3.5K at 19 years old !
with 2 years no claims at the time. lol

Admiral Multicar policy with the Girlfriends Fiat 500, both 34, both over 9 years NCB, L322 2003 V8 on Gas, good postcode, Fiat Garaged, I have business cover, I pay £530 for the Rangie and she pays £210 for the Fiat.

MrGorsky said:

So, I'm approaching renewal time.

Using GoCompare I've been given a range of prices around £550 fully comp.

Not bad.

Just to see I thought I'd see how much I'd save by going 3rd party only, the car is pretty old, and I'd repair it myself in the event of an accident that was my fault. Prices?

Around £1200!

For less cover. No legal protection, no hire car, no nothing.

How the hell does that work?

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I hear that they are renaming the risk assessment offices at the insurance comapnies to Income Optimisation departments

went with Admiral as well, 2001 4.6, LPG, tinted windows, exhaust mod, came in at 1166 fully comp. took extra cover for the baby in case of accident and needs hospital for extra 35. thats with '0' NCD. not too bad i thought.

2.0_hippo said:

£3.5K at 19 years old !
with 2 years no claims at the time. lol

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If I pay the extra, can I be 19 years old again please?

Me and the wife, 2000 P38 4.6, 3 years NCD, £250.16 fully comp from Direct Line (which is quite a bit cheaper than insuring the VW Transporter with maximum NCD).

MrGorsky said:

If I pay the extra, can I be 19 years old again please?

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If only it was that easy ah ? Lol

Years ago i had an XR3. The comprehensive insurance (full no claims) went up on renewal from £64.00 a year to £108.00 a year. So i went into the broker and asked him why. I asked what would be the price of third party fire and theft. Answer £106.00 sir. After a long discussion on how they could do comprehensive for £2.00. He admitted the price had gone up because these vehicles were easy to steal. So i asked him how much for third party only. Answer was £102.00. Do you understand that logic, no neither did I?

4.6 hse lpg me and wife 236.37p full business use Jag both of us fully comp 485 not bad but then I am an old git

My p38 was £560 fully comp. 28 year old 9 year no claim no points. Then all went crap when car went toast. Now being stung £870 fully comp on volvo v70. Just shows what a claim does

egor8384 said:

My p38 was £560 fully comp. 28 year old 9 year no claim no points. Then all went crap when car went toast. Now being stung £870 fully comp on volvo v70. Just shows what a claim does

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Is that a T5 v70?

nathan5346 said:

Is that a T5 v70?

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No only the 2.4 non turbo. Do actually quite like it, just prefer if it was a manual.