Vehicle Location on Insurance?

RichyX

I moved from Cork to Dublin last year.

Now it's time to renew my car insurance and obviously enough the premium has gone up by a good 50€ compared to the one for Cork.

My postal address is still Cork as that's where the family live.

Would it be risky to keep Cork as the car location? If the car was stolen in Dublin does the insurer have grounds to not pay out?

L1011

Yes. If the car was stolen from your home or workplace Dublin or you were involved/at fault in an expensive collision the investigators would have good reason to refuse to pay out.

slimjimmc

Read your policy, you'll find you're contractually bound to notify your insurance company of any factors affecting your policy. Moving to a different area can change the risk profile but I doubt the increase, if any, will be much on top of the €50. Best be truthful.

RichyX

The risk based on post code thing seems to be utter bullsh*t.
I've messed around with the quotes and some of the dodgier areas in Dublin are cheaper than where I am, which is a lovely area.

L1011

Your "lovely area" probably has more expensive cars stolen than the dodgy areas or something similar. The area risks are statistics based.

slimjimmc

RichyX wrote: »

The risk based on post code thing seems to be utter bullsh*t.
I've messed around with the quotes and some of the dodgier areas in Dublin are cheaper than where I am, which is a lovely area.

Well if I was a car thief I know which area I'd like to work in .

RichyX

slimjimmc wrote: »

Well if I was a car thief I know which area I'd like to work in .

I don't think the thieves have much interest in a 98 Ibiza!
By lovely I meant a quiet, pleasant spot. There are a couple of Mercs and Audis around, but nothing flash.

Barr

RichyX wrote: »

I moved from Cork to Dublin last year.

Now it's time to renew my car insurance and obviously enough the premium has gone up by a good 50€ compared to the one for Cork.

My postal address is still Cork as that's where the family live.

Would it be risky to keep Cork as the car location? If the car was stolen in Dublin does the insurer have grounds to not pay out?

Rates are based on the address where the car is mostly kept overnight.You should advise the Insurance company or there could be hassle later- in the event of a claim.

lau1247

your should definitely inform them..

Similar to your situation, when I renewed mine last yr.. asked them about the address issue.. I think the lady told me that it's where you park your car 4 days a week (Or 5 - Can't remember too clearly)..

It might cost a bit more but not worth it if they don't pay out in an accident over such a trivial matter

Del2005

RichyX wrote: »

I don't think the thieves have much interest in a 98 Ibiza!
By lovely I meant a quiet, pleasant spot. There are a couple of Mercs and Audis around, but nothing flash.

Has a 98 Ibiza got a factory fitted immobiliser? The scum who steal cars know which can be hot wired and which have to use keys. They may be more interested then you think.

Increase the value in your quote to €3000, it may go down a bit. Nothing wrong with this as you'll only get book value if you claim

challengemaster

Ah now, 50 quid won't kill you for the sake of having correct insurance details.

RichyX

challengemaster wrote: »

Ah now, 50 quid won't kill you for the sake of having correct insurance details.

It won't, but it'd be nice to have another 50 quid in me wallet

Cheers for setting me straight lads!