Insurance hike ...

craig3.2 said:
pvr said:
My X5M - from new it was around the £450 mark, now over £900. Madness, but the insurance quotation process is so painful ... :cry:
Click to expand...
My mates M4 he had(he just sold it),had went from around £450 when new,3 years ago,to over £1000 ,and he struggled to get it under £900 going elsewhere.
Apparently it's down to claims on certain cars for increasing costs of stuff like Windscreens with HUD etc on them,as well as other expensive parts
Crazy increases.
Click to expand...

I wonder if the (alleged) high costs of repairs to electric cars has also had an impact to overall car insurance costs?
 
ronk said:
craig3.2 said:
pvr said:
My X5M - from new it was around the £450 mark, now over £900. Madness, but the insurance quotation process is so painful ... :cry:
Click to expand...
My mates M4 he had(he just sold it),had went from around £450 when new,3 years ago,to over £1000 ,and he struggled to get it under £900 going elsewhere.
Apparently it's down to claims on certain cars for increasing costs of stuff like Windscreens with HUD etc on them,as well as other expensive parts
Crazy increases.
Click to expand...

I wonder if the (alleged) high costs of repairs to electric cars has also had an impact to overall car insurance costs?
Click to expand...
Yeah, maybe Ron.
Those battery packs are expensive.

How's things with you Ron, been a while
 
How about spread the cost over the claiming group only and not everyone.
 
craig3.2 said:
ronk said:
craig3.2 said:
My mates M4 he had(he just sold it),had went from around £450 when new,3 years ago,to over £1000 ,and he struggled to get it under £900 going elsewhere.
Apparently it's down to claims on certain cars for increasing costs of stuff like Windscreens with HUD etc on them,as well as other expensive parts
Crazy increases.
Click to expand...

I wonder if the (alleged) high costs of repairs to electric cars has also had an impact to overall car insurance costs?
Click to expand...
Yeah, maybe Ron.
Those battery packs are expensive.

How's things with you Ron, been a while
Click to expand...
Lots on YouTube re cost of EV write offs and EV insurance claims raising everyone's insurance plus some EV owners not being able to get insurance. Can't tell if its true or not with YouTube though.
 
MikeyH said:
craig3.2 said:
ronk said:
I wonder if the (alleged) high costs of repairs to electric cars has also had an impact to overall car insurance costs?
Click to expand...
Yeah, maybe Ron.
Those battery packs are expensive.

How's things with you Ron, been a while
Click to expand...
Lots on YouTube re cost of EV write offs and EV insurance claims raising everyone's insurance plus some EV owners not being able to get insurance. Can't tell if its true or not with YouTube though.
Click to expand...

Yeah, think that's. Part of it.
Wish they'd split the increased costs over those groups of cars/owners as Paul/PVR said.rarhher than us all :cry:
 
Insurances on both cars went up by 80 quid max so not complaining compared to some.

Adrian Flux said my premium had risen this year due to increased costs across the board, parts costs, repair and labour costs increasing and hire car costs going up oh and 20 year old knobs crashing M140is.

Tim.
 
WOW

Just had my renewal notification, and with the only change being an SP30 it has gone from £350 to £1150 :o :o :o :o :o :o :o :o :o

I think it might be cheaper to drive around uninsured, on fake plates, whilst high in drink & drugs, with a dismembered body in the boot and take the very small risk of being caught!
 
think it might be cheaper to drive around uninsured, on fake plates, whilst high in drink & drugs, with a dismembered body in the boot and take the very small risk of being caught!

you wont stand out driving round Liverpool like that anyway :rofl:
 
Both my G29 and my S1000r renewal quotes were crazy, bit of shopping around and both were sourced at a little more than last years premiums.
 
Phoenixboy said:
think it might be cheaper to drive around uninsured, on fake plates, whilst high in drink & drugs, with a dismembered body in the boot and take the very small risk of being caught!

you wont stand out driving round Liverpool like that anyway :rofl:
Click to expand...
As long as I wear a Mongler or Canada Grouse jacket I'll blend in perfectly.
 
Scubaregs said:
Both my G29 and my S1000r renewal quotes were crazy, bit of shopping around and both were sourced at a little more than last years premiums.
Click to expand...
Initial research is not going well in my case...although one is suspiciously half the rest at around £580...but there must be something wrong with them if they're the only one (3-star Defacto).

Might have to go 'old-fashioned' and start calling around...but will have to weigh up the cost of the time spent vs the amount I'll save :P
 
Just renewed mine with the same company, its gone up by £10 and thats with a windscreen claim. Confulsed.com quotes came out at least £50 more. That's very unusual!
 
renewal due in Feb, not looking forward to this. Currently a multicar policy (fully comp plus wife named driver) was £517 for Kia Sportage and old E90, updated policy in October (removed E90 and added E89 35i) and got a £3 refund.
 
Second car renewal just come in (including a sneaky rise in the excess that wasn't made clear)...
2023-12-21_11-57-19.jpg

Going to be a fun Christmas on the web/phone to all the shady car insurance companies. So far, the closest I have found is a telematics policy with Hastings YouDrive...but it'd probably be cancelled by them after a single trip :P

(or I maybe I should spend the time more constructively and just trawl the internet for identical vehicles to clone - after all it seems to work for all those scallies on the TV cop shows)
 
Nanu said:
I found if you can reduce your mileage or take business out it does reduce a little
Click to expand...
Only if you don’t need those.

…as does reducing cover to 3rd party only, or removing legal expenses / courtesy car / windscreen cover / breakdown cover (assuming you have any of those, and they’re cost options), or increasing excess to £5k (just increased excess to £1000 and it only knocked £20 off the premium)

At some point there’s nothing left to trim…if you want to remain legal, and have some chance of getting paid when you need to claim.

…anyway…
IMG_0630.gifIMG_0631.jpeg
 
There is no logic, adding my wife to some of the cars reduced it whilst on the others it increased it again.
 
You must log in or register to reply here.
Back
Top Bottom