Ive just had an insurance quote for a res delete and a maxton front splitter from esure and they want £150. Is everyone else getting these extortionate prices or just me? Couldnt believe it was that much !!
Really thats crazy so £56 for a stage one. Id love to understand how they work it out. Do they just pull number from mid air.
so you dont end up paying admin fee to change your policy again and again.
Insurance is generally more expensive now than it was 10 years ago, so instead of seeing it go down you see the opposite.I am baffled with insurance, I pay more now than I did when I was 21... yet I have 10years no claims and am 30+ in age... I thought it was supposed to get cheaper from 25 ....
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Your age and the number of years you’ve been claim free are only two of many risk factors that an insurer will use when calculating your premium. If you live in a high risk area for car thefts and accidents, this could more than offset your good driving experience and the fact you’re not classed as a young driver.I am baffled with insurance, I pay more now than I did when I was 21... yet I have 10years no claims and am 30+ in age... I thought it was supposed to get cheaper from 25 ....
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Go onto one of the comparison websites (Go Compare, Money Supermarket, Compare the Market etc.) and input your details. You’ll get a range of premium quotes back, and you’ll be able to tell if £900 is excessive or not or if it’s the ‘going rate’ for you and your car as an insurance risk.So variables aside 900 for a 2ltfsi fr at 30 with “max ncb” doesn’t seem excessive? I pay less on a 3l v6 Mercedes currently ALOT less
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This is a great explanation of insurance prices. So many people think it's just how long you've been driving for and how many years no claims bonus you have, However there are so many other factors that go into it!Your age and the number of years you’ve been claim free are only two of many risk factors that an insurer will use when calculating your premium. If you live in a high risk area for car thefts and accidents, this could more than offset your good driving experience and the fact you’re not classed as a young driver.
Other risk factors such as occupation, marital status, your annual mileage, experience of any additional drivers on your policy, whether or not you use your car for business use will be used by pretty much all insurers in their premium calculations - there will be other risk factors that they will use too.
Factors not directly associated with your and your car could also impact on your premium;
So even if an individual has a good driving record and haven’t made any claims on their car insurance, other factors mean that most people likely to see their premium increase - especially if they’re complacent and let their policy automatically renew with their existing insurer. That’s why it’s important to shop around each year when you get your insurance renewal premium, as there’s a good chance you can get a cheaper deal elsewhere .
- Insurance premium tax (IPT); any increase in the rate of IPT that is imposed on insurers by the government will be passed onto customers.
- Rising claims costs to insurers as a result of increased car repair costs and increasing injury awards that affect an insurer’s overall car insurance portfolio results. This could mean that an insurer may need to charge all customers more to cover these increased costs.
This is a great explanation of insurance prices. So many people think it's just how long you've been driving for and how many years no claims bonus you have, However there are so many other factors that go into it!
You sound like someone who may have worked in insurance/currently do work in insurance?