Insurance... (boring i know..)

[CornishRob]

I have just renewed mine. £600 I'm 26 with 7 NCD with admiral. No points yet though.

Does adding a SAC really make that much difference to the costs? I thought it would be alot less than that!

 

[kaya]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?


I'm 28 6 years NCB good post code. Limited to 6000 miles and mine came in just under £600.

 

[exdos]

Hmm, well i'm going for only 5k miles a year, social use only, me as the named owner/keeper/proposer.

Get your mother on your insurance as a named driver even if she'll never even sit in the car, that sometimes reduces the premium.

 

[no1beyondfan]

I'm 26, I'm with Elephant.

You would find although Elephant (I think are owned by Admiral), they will have a different risk model to Admiral.

I worked for Aviva, you will never get a good price there.

 

[no1beyondfan]

There are a couple of things you can try to reduce the premium. Without lying.

Where you park the car. Where I live, it costs more to have it in the garage than the driveway, this is due to the claims made on scratches from garage accidents.

Your occupation is important, make sure you define your occupation correctly, but also make sure its a role that is less risky. Advertising/Marketers are high risk (I think). But I found when I was a operations manager/ now consultant the level of risk is perceived lower.

 

[ab7]

Hmm, well i'm going for only 5k miles a year, social use only, me as the named owner/keeper/proposer.

Get your mother on your insurance as a named driver even if she'll never even sit in the car, that sometimes reduces the premium.

Agreed - I've got both my mum and dad on mine.

I'm with Bell (also part of Admiral lol), but they might be worth a look as I seemed to have a very good price in comparisson to a lot on here when I renewed.

I do haggle and play the companies against each other... but managed to knock £50 off the cheapest quote for this year by doing so.

 

[StevenH72]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?


I'm 28 6 years NCB good post code. Limited to 6000 miles and mine came in just under £600.

It is the same in that its the same offence, i.e you have been caught speeding.

The SAC is supposed to "educate" the "speeders" to lower the chance of re-offending. I sat a SAC 8 years ago and it does change your perspective. In that essence, if the SAC does change your attitude to driving then I guess it would lower your "risk".

 

[philip27]

Give Sky insurance a call I can not recomend them enough. Easily the best price on my 2.5 this year and they were extemly helpful when I gave them a call.

 

[jimmybell]

Adrian Flux can't get under £1500 lol.

Never did understand why everyone rates them so much, im pretty sure its a very niche group they are suited to.

I suspect a lot of it is London postcode - which admiral seem to be quite good with.

 

[srhutch]

Hi mmm-five a couple of my friends have their 911's insured with Classicline and I'm pretty sure they use them for business too, best to give them a call as everyone's circumstances are different

01455 639000 good luck

Will do. That's another to add to my list of about 50 that I call each November/December

When I insured with them in 2011 they would not add commuting even. However at renewal in 2012 they was allowed.

Give them a call, nothing to lose.

 

[jimmybell]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?


I'm 28 6 years NCB good post code. Limited to 6000 miles and mine came in just under £600.

You only have to declare it if asked, it is not points or a conviction.

Stupidly, i just ran through the process with elephant, exact copy of the admiral details (the system is identical...) and it's £120 cheaper. nice.

Hopefully this thread can serve as some guidance and hints for anyone in the sub 30yo M-driver category

 

[no1beyondfan]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?


I'm 28 6 years NCB good post code. Limited to 6000 miles and mine came in just under £600.

You only have to declare it if asked, it is not points or a conviction.

Stupidly, i just ran through the process with elephant, exact copy of the admiral details (the system is identical...) and it's £120 cheaper. nice.

Hopefully this thread can serve as some guidance and hints for anyone in the sub 30yo M-driver category

yep, the systems are the same. But the actuarial risk models behind the systems will be different.

 

[mmm-five]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?

If they ask, then you should tell them.

However, unless the private database is handed over to the insurance company then there's no way for them to check.

In reality it should be treated no differently than being given a stern ticking off from a TrafPol. You've committed the offence, not been convicted, but given a warning/course. There is usually no record of this.

The other issue is that, as it's not a conviction, there's no legal time limit that it becomes 'cleared' from your record.

 

[Grizzly9]

Surely you are legally required to declare the SAC? Isn't it exactly the same as having 3 points?

If they ask, then you should tell them.

However, unless the private database is handed over to the insurance company then there's no way for them to check.

In reality it should be treated no differently than being given a stern ticking off from a TrafPol. You've committed the offence, not been convicted, but given a warning/course. There is usually no record of this.

The other issue is that, as it's not a conviction, there's no legal time limit that it becomes 'cleared' from your record.

There is a record of this. That's why you can't do another SAC within 3yrs of doing the last one.
Jimmybell, you might try adding your missus. In my situation I am the registered keeper and main policy holder, the missus is the owner and main driver.

 

[mmm-five]

There is a record of this. That's why you can't do another SAC within 3yrs of doing the last one.

That's why I said it was private database (held by ACPO) and supposedly protected by the DPA. The only time the information is released is when the police/SCP are sending you a ticket and they want to check whether you're eligible for a SAC or not.

Only the Speed/Tax/Safety/Casualty Reduction Partnerships are supposed to have access to this and you're specifically told at the SAC that it is not accessible be anyone else. So if an insurance company does find out then then someone has broken some law or other.

Unfortunately it seems that gaining information illegally does not seem to stop governments/insurance companies using that illegally gained information. e.g. a Swiss banking official selling the personal details of UK/German Swiss bank account holders to the UK/German tax authorities ostensibly to help them track down tax evaders - when Switzerland was saying it couldn't be used due to their banking privacy laws.

It could become the thin end of the wedge, as they could start asking about TrafPol stops/slaps on wrist for speeding/hooning and you'd have to tell them or risk them finding out some way.

In theory, the SCP/government could make the attendance on a SAC an offence that is expunged as soon as the course is 'passed'. So the official record is that it never happened.

After all, how many people tell them about accidents they've had where they've not claimed from the insurance company. Contractually you're supposed to inform them of ALL accidents whether you claimed or not, so that they can raise your premium assess your risk appropriately.

 

[Raify]

Tried Swift Cover? The car's currently insured with them for quite a good price

 

[BigT]

However, unless the private database is handed over to the insurance company then there's no way for them to check.

The company I run built and continue to maintain this database. I can tell you that no insurance company has access to it directly. Don't really want to say much more than that on the subject.

 

[johnbirt]

Admiral were featured on Good Morning ITV this morning for requiring fessing up to SAC attendance in which case premiums were upped 10%. Even police eyebrows were raised when asked about it.

Apparently some insurance companies do regard SAC attendees as a greater risk. Once a speeder always a speeder in their eyes.

Unfortunately a London postcode, 25 years, with some previous isn't conducive to reasonable premiums. Even for wrinklies like myself the variation in quotes is just crazy. Anywhere from £250 ish to £1800 !!! quoted recently for me for Z4M sDrive28i, with everything except postcode in my favour.

Try joining up at http://www.boxa.net as Ruby Insurance specialise in performance cars, track days etc.. and give a discount to boxa.net members. Also a couple of others advertise/sponsor on there.

Good luck.

 

[jimmybell]

To be honest i think all of them do exactly the same - from chatting to a few it basically sounds like they all use the same search systems and resell various underwriters quotes with as much bolt-on profit as they can get (which is probably why they ask your best quote..)

It's gona end up being admiral or elephant.

I'm still pished they ask about SAC, i'm not one to lie especially as i've been directly asked but im 99% they'd have no idea and no way of checking.


The quotes arent that much, we're talking ~£7-800 for admiral, depending on excess, but no other insurer gets anywhere near really (next cheapest non-admiral company is £hundreds more). Shame - i'd rather give my business to a smaller company

 

[Herminator]

Also worth noting, BMW car club membership gives a good discount at classic line, well worth the membership cost