Why am I such an insurance risk?

Dave***t · 21st January 2012, 11:34

This isn't moaning (though it'd be apppropriate!), I genuinely don't understand.

34, 10 years NCD, no points, accidents or other convictions, live in a nice part of Moseley, which is a decent area of Birmingham.

Morethan just quoted me £1479. There are lower quotes, but not by much so far.

I know prices have gone up in recent years, but I don't understand why I get quotes so much higher than other similar people on the forum. Anyone got any idea?

Borg Warner · 21st January 2012, 11:44

Post Code (lottery) I'm afraid.

We used to live in a Staffordshire village which had a WV post code, next village down had a Staffs Post Code and had cheaper insurance.

Insurance companies wont pass a chance to load up a policy if they can get away with it.

Unclefista · 21st January 2012, 11:47

I've just had the same problem, quotes of over £1k.
Through confused.com I got a quote from Octagon insurance that was almost half the price of any others, good luck.

baconbuttyman · 21st January 2012, 11:53

Quote:

Originally Posted by Unclefista

I've just had the same problem, quotes of over £1k.
Through confused.com I got a quote from Octagon insurance that was almost half the price of any others, good luck.

Thats rediculous, my renewal is £269 fc fnd

MN190 · 21st January 2012, 11:54

As others have said postcode lottery
Try the same info but in a different location and you will see the differences

BeeJay55 · 21st January 2012, 12:17

This site has a good guide to getting your premiums dowm. If you follow the process all the way through you will get competitive quotes. It may take an hour, but it seems to work.

smallheathlad · 21st January 2012, 12:38

I live in Kings Heath B14 postcode (also in Birmingham about 1 mile from orginial Original post)

2.0l Connoisseur I’m 49, currently with Privilege ... £565 for two drivers (cheaper with wife on policy than not)

Thing to check do you need their extras such as breakdown, guarantee replacement car etc. that they like to offer. Some times cheaper to purchase separately.

My suggestion would be spend some more time on the internet searching various sites there does appear to be some ‘special’ offers about for new customers.

I’m sure come my renewal there will be a price hike! Good luck

adysiflori · 21st January 2012, 12:43

Never renew your insurance with the same company as they allways put your renewal up in price. They must think you won't change once they have you .
Also, just seen on the news; if you are unemployed you will pay a lot more for car insurance than someone employed .
Just noticed that if you get protected no claims you will pay a lot more for your premium. So whats the point of getting it ?

calibrax · 21st January 2012, 12:48

What's your job? Because that can make a MASSIVE difference to your premium.

ssizefive · 21st January 2012, 13:05

Quote:

Originally Posted by Unclefista

I've just had the same problem, quotes of over £1k.
Through confused.com I got a quote from Octagon insurance that was almost half the price of any others, good luck.

That who i am with now, though i have never heard of them they seem to be the cheapest in the BD postcode area at the moment.

Steve

21st January 2012, 11:34	#1
Dave*t Gets stuck in MG ZT+ 180 SE** Join Date: Mar 2007 Location: Birmingham Posts: 646 Thanks: 0 Thanked 1 Time in 1 Post	Why am I such an insurance risk? This isn't moaning (though it'd be apppropriate!), I genuinely don't understand. 34, 10 years NCD, no points, accidents or other convictions, live in a nice part of Moseley, which is a decent area of Birmingham. Morethan just quoted me £1479. There are lower quotes, but not by much so far. I know prices have gone up in recent years, but I don't understand why I get quotes so much higher than other similar people on the forum. Anyone got any idea? __________________ [SIGPIC][/SIGPIC]

21st January 2012, 11:47	#3
Unclefista Posted a thing or two Rover 75 CDT Join Date: Sep 2011 Location: Bradford Posts: 1,478 Thanks: 1 Thanked 14 Times in 8 Posts	I've just had the same problem, quotes of over £1k. Through confused.com I got a quote from Octagon insurance that was almost half the price of any others, good luck. __________________ Love is like a snowmobile, speeding across the frozen tundra. Which suddenly flips, pinning you underneath. At night the ice-weasels come... http://farm6.staticflickr.com/5331/6...77671f80_n.jpg

21st January 2012, 12:17	#6
BeeJay55 Avid contributor Rover 75 Tourer, Connoisseur SE Join Date: Nov 2010 Location: Welshpool Posts: 185 Thanks: 0 Thanked 1 Time in 1 Post	This site has a good guide to getting your premiums dowm. If you follow the process all the way through you will get competitive quotes. It may take an hour, but it seems to work. __________________ *I’m a dyslexic agnostic with insomnia… I lie awake at night wondering if there really is a dog!*

21st January 2012, 12:38	#7
smallheathlad Loves to post No more aRover 75 Saloon Join Date: Dec 2011 Location: Widnes Posts: 252 Thanks: 81 Thanked 39 Times in 35 Posts	Insurance I live in Kings Heath B14 postcode (also in Birmingham about 1 mile from orginial Original post) 2.0l Connoisseur I’m 49, currently with Privilege ... £565 for two drivers (cheaper with wife on policy than not) Thing to check do you need their extras such as breakdown, guarantee replacement car etc. that they like to offer. Some times cheaper to purchase separately. My suggestion would be spend some more time on the internet searching various sites there does appear to be some ‘special’ offers about for new customers. I’m sure come my renewal there will be a price hike! Good luck

21st January 2012, 12:43	#8
adysiflori Avid contributor rover 75 saloon cdti Join Date: Dec 2006 Location: leeds Posts: 227 Thanks: 1 Thanked 3 Times in 2 Posts	Never renew your insurance with the same company as they allways put your renewal up in price. They must think you won't change once they have you . Also, just seen on the news; if you are unemployed you will pay a lot more for car insurance than someone employed . Just noticed that if you get protected no claims you will pay a lot more for your premium. So whats the point of getting it ? Last edited by adysiflori; 21st January 2012 at 12:49..

21st January 2012, 11:44	#2
Borg Warner I really should get out more....... None Join Date: Feb 2010 Location: Suffolk Posts: 2,579 Thanks: 494 Thanked 657 Times in 402 Posts	Post Code (lottery) I'm afraid. We used to live in a Staffordshire village which had a WV post code, next village down had a Staffs Post Code and had cheaper insurance. Insurance companies wont pass a chance to load up a policy if they can get away with it.

21st January 2012, 11:54	#5
MN190 Posted a thing or two MG ZT 190+ Join Date: Nov 2006 Location: North Norfolk Posts: 1,423 Thanks: 2 Thanked 11 Times in 11 Posts	As others have said postcode lottery Try the same info but in a different location and you will see the differences

21st January 2012, 12:48	#9
calibrax Posted a thing or two BMW 4 Series Join Date: Nov 2008 Location: Rochester, Kent Posts: 1,975 Thanks: 29 Thanked 37 Times in 28 Posts	What's your job? Because that can make a MASSIVE difference to your premium. __________________ Steve 2004 MG ZT+ CDTi 160 (sadly now gone!) 2015 BMW 435d GranCoupe XDrive