Car Insurance

[Cian]

Try choosing COOK or something similar.....there's loads of different logics used & the same job but called something else has massive impacts on the risk analysis.......might get a bit off...

I knocked €200 off mine by changing "computer software" to "medical equipment" - both standard categories with my insurer - and its not even untrue (I code for a firm that makes medical software). That's significantly more than "a bit" off my premium too

 

[Cian]

Don't bother. On the off chance you get caught you'll only get 6 points and a few hundred quid fine, if you drive sensibly you'll be ok.

*disclaimer - I've never done that as I've never owned my own car

I always thought you were a bit of a twat, now there's definitive proof

 

[Yorkie]

Given the amount of uninsured/un taxed vehicles I doubt many would be stopped if caught on a fixed ANPR camera.

Don't you believe it.

 

[Da Man Clay]

Don't you believe it.

No I dont. However get caught by a mobile ANPR unit and its a very different story...

 

[beorhthelm]

The massive premiums simply reflect the massive risk insurance companies take when insuring young male drivers. 33% of young male drivers will write off a car in their first year of driving, whilst 25% of all convictions for causing death by dangerous driving are for drivers under 20 (even though this age group represents just 3pc of all drivers).

I think the premiums quoted are pretty much in-line with the risk.

i think that doesnt not reflects the full story. car the premiums are high in general because you are compelled to buy it. young drivers are so eager to get driving they will pay whatever they have to. Also, the rate of write offs doesnt account for the value, a typical cheap £500 car a young driver has will be written off by the smallest ding. If you look at some of the stats thrown around about young drivers, it would mean every single driver would have had an accident and the insurance industry wouldnt simply have stopped underwriting anyone below the age of 30.

thats not to say that 18-20somthings dont drive like twats, or cause unnecessary accidents, injury and deaths, but theres misinformation out there with an agenda, like justifying £2k third party on a fiesta.

 

[Bry Nylon]

Also, the rate of write offs doesnt account for the value, a typical cheap £500 car a young driver has will be written off by the smallest ding. If you look at some of the stats thrown around about young drivers, it would mean every single driver would have had an accident and the insurance industry wouldnt simply have stopped underwriting anyone below the age of 30.

thats not to say that 18-20somthings dont drive like twats, or cause unnecessary accidents, injury and deaths, but theres misinformation out there with an agenda, like justifying £2k third party on a fiesta.

Young drivers are typically third party, so the value of their car is immaterial - it doesn't matter if it is £500 or £50'000. The resaon an 18 yr old lad in a fiesta is charged about £2000 is because there is a 33% chance that he will be the cause a serious accident during the 12 months of the policy. If he writes of somebody elses Mondeo thats £12'000, an Audi maybe £20'000, and if he kills somebody, probably hundreds of thousands of pounds. (The average settlement value for motor insurance claims by 18 year old men in 2005 was soemthing like 5 grand).

 

[Scotty Mac]

I see, I would of thought that chef would have been better than cook as chef is profesional tho? Hmm all worth trying thanks for all the help people.

put yourself down as a GIRL as well - that should reduce it

 

[Cian]

I still think you'll find the majority of cars "written off" by 18 year olds are their own, whether they (can) claim on them or not - you are generally contractually obliged to report an incident to the insurer. Nowhere near 33% of 18 year olds make a claim.

Also, £2000? The UK is meant to have cheap car insurance compared to here, and I've never had to spend more than €1800 on insurance, even when I was 17 on a 1.8 turbodiesel (that was also 17 years old....)

 

[Race]

I see, I would of thought that chef would have been better than cook as chef is profesional tho?

Good job you are not a professional footballer, dread to think what sort of quote you'd get for that these days

 

[Cheshire Cat]

Good job you are not a professional footballer, dread to think what sort of quote you'd get for that these days

What is the going rate for one of these.....?

 

[Billy the Fish]

Wrong- ever heard of automatic number plate recognition?

1) Six points, which is enough to lose you your licence if you've passed your test within the previous two years.

2) Several hundred pounds fine (£200 on the spot or potentially more in court), which will have the courts chasing you if you don't pay.

3) Your car will be taken off you and towed away, thereby costing you a hefty initial recovery fee, plus interest for every day you don't collect it

4) You'll still have to get insurance anyway, as they're likely to put your vehicle on the automatic number plate recognition database which will flag you up as a probable insurance dodger every time you go past one of the static or fixed cameras.

5) If you hit someone with your car and seriously injure them, they'll severely lose out because of your lack of insurance.

6) If someone nicks or wrecks the old heap, you won't get a penny

1) Fair cop Guv

2) Will be alot less than the insurance premium

3) Buy a cheap car then it doesn't matter.

4) See three, just buy an old cheap car

5) Depends how selfish you want to be, if you drive sensibly then this won't happen

6) See three and four.

Like I say, I've never done this and probably wouldn't but I dare say there are thousands that do and get away with it. What's the point in playing by the rules when it costs double or triple the value of the car. If you only want to run a cheap car for short journeys it's got to be worth thinking about . If you don't break the speed limit and keep the car in fairly good nick to the naked eye then the chances of getting stopped are slim. If you weigh up the risks it just comes down to how willing you are to lose your license (in the first two years) to save a few grand. After two years if you get caught you won't even lose your license and the fines will be way less than the premium, that is more a refelection of the law than the price of insurance though.

 

[Cheshire Cat]

1) Fair cop Guv

2) Will be alot less than the insurance premium

3) Buy a cheap car then it doesn't matter.

4) See three, just buy an old cheap car

5) Depends how selfish you want to be, if you drive sensibly then this won't happen

6) See three and four.

Like I say, I've never done this and probably wouldn't but I dare say there are thousands that do and get away with it. What's the point in playing by the rules when it costs double or triple the value of the car. If you only want to run a cheap car for short journeys it's got to be worth thinking about . If you don't break the speed limit and keep the car in fairly good nick to the naked eye then the chances of getting stopped are slim. If you weigh up the risks it just comes down to how willing you are to lose your license (in the first two years) to save a few grand. After two years if you get caught you won't even lose your license and the fines will be way less than the premium, that is more a refelection of the law than the price of insurance though.

You really don't get this do you. IT IS NOT THE VALUE OF YOUR CAR THAT MATTERS It is the cost of the damage you will do to somebody else (ie potentially me) when you are "unlucky" and smash into my car, putting it into a scrap metal yard, putting me in hospital, my passengers in a cemetery, and(hopefully) you in jail

 

[Drumstick]

Ive found this site pretty good, although theres alot of restrictions age/make of car etc its cheapest ive found by a long way...

www.youngmarmalade.co.uk

Still searching thanks for the advice nsc been invaluable.

 

[Guy Fawkes]

Don't drive uninsured, you could be in serious trouble if you get caught, and find it almost impossible to get insurance afterwards, and the police are using ANPR cameras more and more often so the likelyhood is you would get caught sooner or later!

 

[beorhthelm]

Young drivers are typically third party, so the value of their car is immaterial - it doesn't matter if it is £500 or £50'000. The resaon an 18 yr old lad in a fiesta is charged about £2000 is because there is a 33% chance that he will be the cause a serious accident during the 12 months of the policy.

it is my understanding that the cars covered by third party still go into the write off statistics. as for 33%, do a poll of young drivers who have had a write off accident, i dont believe it will be that high. When i was that age from about group of about dozen or so mates driving around, i knew one who wrote of two cars, one who wrote off another and about 2 or 3 small accidents, over two/three years.

you are in the front line there i take it, do 33% of accident you attend involve under 20year old drivers?

 

[Bry Nylon]

it is my understanding that the cars covered by third party still go into the write off statistics. as for 33%, do a poll of young drivers who have had a write off accident, i dont believe it will be that high. When i was that age from about group of about dozen or so mates driving around, i knew one who wrote of two cars, one who wrote off another and about 2 or 3 small accidents, over two/three years.

you are in the front line there i take it, do 33% of accident you attend involve under 20year old drivers?

No, because given where my station is located most of the RTCs we attend are on the motorway - so most involve Eastern European HGV drivers or drivers who have fallen asleep.

But we do attend many RTCs that are not on the motorway too - several each week. And if it is after 23:00 hrs you can usually guess that it will involve a male driver under the age of 21 and his mates.
This is the last one we attended; a 20 year old man, his three similarly aged passengers, a Ford Fiesta and a tree. This is why insurance premiums are so high for young men. There is no mystery or conspiracy.

 

[Stevie Boy]

i have to admit i used to drive my mates cars unisured some years ago, but wont even consider it now, also i have never paid for insurance which is more than my car, i have owned from a mini to an Escort RS Turbo.

 

[beorhthelm]

...And if it is after 23:00 hrs you can usually guess that it will involve a male driver under the age of 21 and his mates.

im just playing advocate, but what about those before 2300?

i just dont trust statistics, especially when similar numbers are used in increasing severe contexts - ie, is that 33% (a neat "third") the number making a simple claim (including stolen cars/stereos) or involved in a serious accident? there was somthing recently claiming significant% of under 21 males where involved in a fatal accident. at the time i worked out that, bearing in mind the population and total number of road deaths, no one over the age of 21 ever gets killed on the road.

dont envy you dealing with those situations, whoever they involve.

 

[Cheshire Cat]

Should you be really interested in the figures, other than a blind "I distrust everything that I don't understand" attitude, which seems to come across a large number of posters on this thread (and other threads), try this web site for the FACTS.
http://www.statistics.gov.uk/CCI/nscl.asp?ID=8094

Also if you think that Mr Nylon and his friends are making the above photo up, I suggest you ask to accompany him on his next "conspiracy" trip and see how you enjoy it.

 

[beorhthelm]

Also if you think that Mr Nylon and his friends are making the above photo up, I suggest you ask to accompany him on his next "conspiracy" trip and see how you enjoy it.

did i suggest that in any way Nylon is part of any conspiracy?

the stats i dont trust are those printed in the mainstream media, not the raw stats from proper sources. a news piece will embelish a stat to make it sound more interesting or significant. thanks for the link though.