Can't get insurance :(

[Septic]

how many miles are you doing a year? if youve only been driving 4 years and never had a performance car then £1800 in the current climate isn't bad mate, just go for it and once youve done a year and "proven you can handle a 300hp rwd car" there words not mine lol then you will find it drops by qute a bit

 

Looks like you're right. I might have to bite the bullet. Just spoke to Admiral and they couldn't offer anything cheaper. They then referred me to someone else who wasted 15 minutes of my time and quoted me an insurance figure of £1500 with £3000 excess.

 

Bad times

[RisingPower]

£2k isnt bad for your profile. Im nearly 40, have 18 years NCB, mainly on fast cars and about 8 years NCB on a 190mph motorbike, I live in the middle of nowhere in a quiet town near Northampton in a quiet cul-de-sac full of pensioners, and I was quoted 1400quid from the "specialist insurers". I got that down to about 700->800 from Admiral. Which was about 300quid dearer than a BMW M3 or a Porsche Boxster would have cost me.

 

Seems the zed for some reason is a much higher risk. Maybe its because they are a lot rarer or repairs are more expensive?

 

£2k seems hella expensive for his profile to me at least.

 

Odd that the 350z was more expensive than an M3 to insure, my M3 was a good £400 more to insure than the zed is and it was standard apart from the 19" oem wheels.

 

Also think the zed is group 18, the M3 was definitely group 20.

[rabbitstew]

£2k isnt bad for your profile. Im nearly 40, have 18 years NCB, mainly on fast cars and about 8 years NCB on a 190mph motorbike, I live in the middle of nowhere in a quiet town near Northampton in a quiet cul-de-sac full of pensioners, and I was quoted 1400quid from the "specialist insurers". I got that down to about 700->800 from Admiral. Which was about 300quid dearer than a BMW M3 or a Porsche Boxster would have cost me.

 

Seems the zed for some reason is a much higher risk. Maybe its because they are a lot rarer or repairs are more expensive?

 

£2k seems hella expensive for his profile to me at least.

 

Odd that the 350z was more expensive than an M3 to insure, my M3 was a good £400 more to insure than the zed is and it was standard apart from the 19" oem wheels.

 

Also think the zed is group 18, the M3 was definitely group 20.

 

When I got quotes, the M3 worth about 13k came in at 630quid on the insurance, whereas I seriously struggled to get anything less than a grand on the zed. The boxster came in at £800. All just normal quotes from confused.

 

Just went on confused.com, my zed coming in at £762 from privilage, £982 from Admiral. Even Sheila`s wheels are offering me £840 including handbag cover (wtf??!?!?!!?!?!!!!!!!)

 

Wonder what is jacking my premium up. Guess i will have to do quote after quote and see what can reduce it. There cant be many safer risks than me.

[Boycey]

Try a comparison website like confused.com

 

Say you park on a driveway (if you have one) and not a garage, have a safe office job, put your girlfriend, mum, sister on it as a named driver (reduces the cost) and tell them you drive as few miles as possible, all will help with reduced costs

 

Just don't lie as they could use it against you should anything happen

[Squee]

Might you be considered high risk due to your job? Do you cover very high miles?

 

Don't want to rub it in but Sky were very good with me when I insured with them last month - I'm 28 (just!), had no NCB in my own name (although 10 years as a named driver which was taken into consideration). My previous car was a 1.8 Almera and before that a 106. When asked if I'd ever driven a Zed before or any other performance car I told them the truth which was only on the Zed's test drive! And they quoted me £850 (excess £350).

 

Hope you manage to get a better quote,

 

S.

[Ekona]

Are you after business cover on it as well, like class 1 or class 2? What is the postcode you're in (just the first half needed for privacy reasons)?

[scubapics]

Chaps,

 

For your future reference, Admiral, Elephant and Bell are the same company working out of the same office in Cardiff (Grey Friars Towers if I remember correctly). I used to play them off against each other for years until they cottoned on and stopped you getting quotes from their sister sites if you were already insured with one of them.

 

Multicar with Admiral seemed to offer good quotes. I yet to see whether I shall get screwed over on renewal day though.

 

Jim

[RisingPower]

When I got quotes, the M3 worth about 13k came in at 630quid on the insurance, whereas I seriously struggled to get anything less than a grand on the zed. The boxster came in at £800. All just normal quotes from confused.

 

Just went on confused.com, my zed coming in at £762 from privilage, £982 from Admiral. Even Sheila`s wheels are offering me £840 including handbag cover (wtf??!?!?!!?!?!!!!!!!)

 

Wonder what is jacking my premium up. Guess i will have to do quote after quote and see what can reduce it. There cant be many safer risks than me.

 

Fricking bizarre M3 for me was ~£1200, zed was ~£800, both with admiral.

 

Then again, I am only 26, maybe they see the M3 as more of a risk with younger age than the zed?

 

Ahh, handbag cover, what I always wanted

[Septic]

Might you be considered high risk due to your job? Do you cover very high miles?

 

Don't want to rub it in but Sky were very good with me when I insured with them last month - I'm 28 (just!), had no NCB in my own name (although 10 years as a named driver which was taken into consideration). My previous car was a 1.8 Almera and before that a 106. When asked if I'd ever driven a Zed before or any other performance car I told them the truth which was only on the Zed's test drive! And they quoted me £850 (excess £350).

 

Hope you manage to get a better quote,

 

S.

 

I'm a trainee solicitor so I don't think that would constitute high risk. I hardly cover any miles. Less than 10k on average a year.

 

Are you after business cover on it as well, like class 1 or class 2? What is the postcode you're in (just the first half needed for privacy reasons)?

 

Nope, just Social Domestic and Pleasure. I'm at HA5.

[rabbitstew]

When I got quotes, the M3 worth about 13k came in at 630quid on the insurance, whereas I seriously struggled to get anything less than a grand on the zed. The boxster came in at £800. All just normal quotes from confused.

 

Just went on confused.com, my zed coming in at £762 from privilage, £982 from Admiral. Even Sheila`s wheels are offering me £840 including handbag cover (wtf??!?!?!!?!?!!!!!!!)

 

Wonder what is jacking my premium up. Guess i will have to do quote after quote and see what can reduce it. There cant be many safer risks than me.

 

Fricking bizarre M3 for me was ~£1200, zed was ~£800, both with admiral.

 

Then again, I am only 26, maybe they see the M3 as more of a risk with younger age than the zed?

 

Ahh, handbag cover, what I always wanted

 

It may well be due to age and the insurance companies good old statistics. I remember years ago when I wanted to buy a Honda Fireblade for £1200 off a mate, the insurance companies wouldnt touch me because I was only 30, and if they did they wanted about £1000. So, I went out and bought an nearly new Yamaha R1 (more expensive and more powerful) and the insurance companies happily insured me on that for £120. Go figure?!! Now adays the R1 only costs me £66 to insure for a year, compared to the zed which costs me about 12 times as much! I really do not understand their logic.

[Husky]

Feck knows............have you got a chick with a reasonable profile? Stick her on as a named driver - usually brings it down a fair bit...........or better still your Ma if you live at the same gaff.

 

Broke up with my gf a month ago I knew there was a reason to hold on to the heffer for longer (J/k Azzy if you're reading this- I know you're a bit stalker-y) My mum doesn't drive.

 

I realised the other day on my renewal (having taken renewals from admiral for the past couple of years because they are the best price i could find) that my ex is still on the insurance for the zed I'd completely forgotten. The guy on the phone was being exceptionally thorough for once and read the entire policy. Seems she has been keeping my premium down, Ex's are good for something after all

 

Will have to let her have a go behind the wheel next time I see her to keep it legit.

[skyinsurance]

.........sorry was I ranting again

Yes you are but you wrong on a few of your points or are posting common misconceptions.. It is rare I get involved in a non Sky Insurance specific insurance query as there is so much hatred towards the industry but in this case I'd like to point out a few things:

 

Insurance is higher if;

- you get hit by another party (faultless and NO claim on your own policy).

 

Not all insurers load for on-fault claims in fact only a minority do in my experience.

 

- you live in the middle of no-where (police response times are longer so TWOC'ers apparently target these areas).

 

Nonsense

 

- you live in the middle of a city (because thats where all the scum live obviously)

 

Question on this one, if you were running a business and you had one customer living in a high risk city area where there is a proven history of higher claims/loss ratios and then you had a customer living in the middle of nowhere with no claims history, which one would you charge more for?

 

- you have aftermarket parts which are declared and do NOT enhance performance (but the mod is NOT insured for replacement I might add - apparently if you spend 1000's modifying your beloved pride and joy you won't bat an eyelid at twatting round in it at 150mph until you crash and kill everyone).

 

A couple of points on this one.

 

1) just because a modification does not increase the performance of the vehicle does that mean insurers shouldn't load?

Another scenario, customer A has a Standard Honda Civic, customer B has the same Honda Civic but it is painted bright yellow and has a bodykit and bling bling wheels.. which one is more likely going to be broken into/vandalised/stolen?

 

2) Most specialists will cover modifications on a 'like for like' basis

 

- you have a 'high risk' employment (which makes such a load of difference if your not using the car for work)

 

Again, think of this from a business point of view, customer A is a mobile DJ (very high risk) and customer B working in admin for the local council (low risk), would it not make sense to charge less for the person who is statistically much, much less likely to have a claim?

 

- if you park IN (yes 'in' I did say 'IN......INININININ) a garage your premium will be higher than parking on the drive (because a TWOC'er is more likely to seek the refuge of a garage to nab your motor than he is to do it out in the open on the drive or in the street).

 

If you saw claim stats from cars kept in garages then you'd understand. There are many claims from people who damage their car driving in and out of the garage or damage it whilst keeping it in the garage.

 

 

 

As you can probaly see , insurance is all about risks.. rightly or wrongly statistics are what dictate insurance risks and if you think about it, that does make sense.

Ollie

Sky Insurance

[Husky]

- you have a 'high risk' employment (which makes such a load of difference if your not using the car for work)

 

Again, think of this from a business point of view, customer A is a mobile DJ (very high risk) and customer B working in admin for the local council (low risk), would it not make sense to charge less for the person who is statistically much, much less likely to have a claim?

 

 

 

 

 

this one still doesn't make sense to me.

[skyinsurance]

- you have a 'high risk' employment (which makes such a load of difference if your not using the car for work)

 

Again, think of this from a business point of view, customer A is a mobile DJ (very high risk) and customer B working in admin for the local council (low risk), would it not make sense to charge less for the person who is statistically much, much less likely to have a claim?

 

 

 

 

 

this one still doesn't make sense to me.

 

People who say they do not use their car for work, tend to use their car for work.

[Husky]

But surely insurers can't make that assumption as they are then implying that anyone who ticks that box is lying and thus making the insurance policy they have offered knowingly void?

[skyinsurance]

But surely insurers can't make that assumption as they are then implying that anyone who ticks that box is lying and thus making the insurance policy they have offered knowingly void?

 

It is hard to prove unfortunately.

[Neilp]

- you have a 'high risk' employment (which makes such a load of difference if your not using the car for work)

 

Again, think of this from a business point of view, customer A is a mobile DJ (very high risk) and customer B working in admin for the local council (low risk), would it not make sense to charge less for the person who is statistically much, much less likely to have a claim?

 

this one still doesn't make sense to me.

 

People who say they do not use their car for work, tend to use their car for work.

Is there not a difference between driving to work than using the vehicle for business purposes. I drive my van 30-40k miles a year and have had no crashes with it. Surely insurance companies should then adopt an approach where they do an annual mileage to crash ratio for a person and then make up a premium to suit

[SteveM]

People who say they do not use their car for work, tend to use their car for work.

 

and therein lies the problem... i as a truthful person get asked will i use my car for work. i answer no. my car is sat at home and i work in such a place that i would be STUPID to try and drive (traffic)... thats what i own and insure a motorbike for (insure for commuting) and the insurance company doesnt believe me and loads the insurance anyway.... whats the point in asking the question in the first place!

 

as for the bit about getting stung for being hit by another driver. it happens! it happend to me.. sat at the lights and i get run into from behind.. next year my insurance goes up and i ask why.. apparently i am statistically more like to to have a fault claim after a no fault claim....

 

statistics also say that the next person you bump into will have more that the UK average number of arms (only need 1 person to lose an arm to drop the average down by .00001%)

 

ok some insurance comps are better than others but at the end of the day they will all twist statistics to suit themselves.. they are out to make money after all

[Ricey]

But surely insurers can't make that assumption as they are then implying that anyone who ticks that box is lying and thus making the insurance policy they have offered knowingly void?

 

It is hard to prove unfortunately.

 

........hard to prove but easy to charge for

[mc]

I'm just about to renew my insurance, oh the joy!

 

I'm 32, 9 Years NCB, no points in last five years, or any claims (apart from windscreen). I've had this car for 3 years.

My GF is on the policy as named driver, she has one no-fault claim in 2009, no points.

 

Greenlight want £699 through Highway insurance, which is my best quote by far. I just tried admiral and its £1045! I don't get how people keep saying they are cheap?

 

Last year my premium was £900, and the year before only £645, all with the same company!

 

Comparison websites are useless if you have a car with any sort of modification, (even if it doesn't change performance or looks)

[RisingPower]

As you can probaly see , insurance is all about risks.. rightly or wrongly statistics are what dictate insurance risks and if you think about it, that does make sense. [/b]

Ollie

Sky Insurance

 

But those risks are determined by the underwriters normally right?

 

They do seem to come up with some very, very strange decisions for policy loading in quite a few cases, but it really does depend on the insurer.

[Ricey]

As you can probaly see , insurance is all about risks.. rightly or wrongly statistics are what dictate insurance risks and if you think about it, that does make sense. [/b]

Ollie

Sky Insurance

 

But those risks are determined by the underwriters normally right?

 

They do seem to come up with some very, very strange decisions for policy loading in quite a few cases, but it really does depend on the insurer.

 

Facts dictate risks.......statistics dictate your premium.

 

Its harder to individually tailor someones risk by paying an experianced underwriter to look at the facts than it is to run them through an automated 'risk model' to determine the premium.

 

My guess is (although some of Olly comments do make me wonder about this theory) thats why some smaller insurers like Sky can give you specifically better (if your facts say your low risk) or specifically worse (if your facts say your low risk) quotes - they use experienced people to assess the risk.

 

Run the same profile through a generic insurers automated quote model and you'll get a generic premium based on statistics.

 

Bottom line though to produce massive profits and generate huge volumes insurance companies go down the easy route so we all get tarred with the same brush.

[RisingPower]

Facts dictate risks.......statistics dictate your premium.

 

Its harder to individually tailor someones risk by paying an experianced underwriter to look at the facts than it is to run them through an automated 'risk model' to determine the premium.

 

My guess is (although some of Olly comments do make me wonder about this theory) thats why some smaller insurers like Sky can give you specifically better (if your facts say your low risk) or specifically worse (if your facts say your low risk) quotes - they use experienced people to assess the risk.

 

Run the same profile through a generic insurers automated quote model and you'll get a generic premium based on statistics.

 

Bottom line though to produce massive profits and generate huge volumes insurance companies go down the easy route so we all get tarred with the same brush.

 

Mmm I just question some of the more unusual policies. Like, my oem 06 lights were classified as rally lights with admiral

[Ricey]

Mmm I just question some of the more unusual policies. Like, my oem 06 lights were classified as rally lights with admiral

 

Which is exactly my point mate - they've got generic lists for things that you HAVE to fit into. Same with spacers - if they're not on the 'list' then they class them as a frigging suspension modification.

 

Thats why the likes of Sky can be cheaper sometimes because they take more time to understand what the mod is and what it does.

 

To be fair some people get really frustrated with Sky's requirement for a background of performance cars etc but I actually think thats a really sensible approach that the big insurers don't look at...........unfortunately the credibility falls out of the window again when Olly tries to tell me that a Karaoke DJ is a higher risk than an Admin bod because the general public are all liars

[rabbitstew]

To be fair some people get really frustrated with Sky's requirement for a background of performance cars etc but I actually think thats a really sensible approach that the big insurers don't look at..

 

I always wondered why insurance companies dont take into account the type of previous vehicle experience drivers had. i..e have you experience of high performance cars. Its good that some now do. Unfortunately for me sky and other "specialist" insurers all came out more expensive than Admiral.

 

Adding a gf to a policy can sometimes make a difference, although in my case, because my missus is younger than me, if I added her it was going to increase the policy.

 

In fact, when her car was due for insurance renewal last, we did 2 quotes. One was in my name with 18 years ncb, nearly 40, full clean licence, no claims, with her added as a named driver. Came in at £350. We then did another quote for the same car, in her name, 2 years ncb, 1 accident, only been driving for 3 years and she was 25, but with me as an added driver. Came in at £260. Thats for the same people to drive the same car, but just changing the order in which they are listed on the insurance. Okay, so if she is the main driver, you can assume she would be driving more than me, but surely if you compare driving history between drivers, I would be the safer risk based on the facts. Of course, that was when insurance companies were using the very broad statistic that ALL men are a higher risk. Rather than say SOME men are.