so much for car insurance coming down for males

Guffy

So I got my renewal letter today. Yipee I thought, two years no claims now so will come down from my 880 last year. Opened the letter to a lovely site of 999 for the year.

Rang aviva and asked what the craic was, I was informed that because of the removal of the gender discrimination all policies have gone up. I mean ffs.


(no changes whatsoever from this year to next only that my no claims bonus increased. Above figures are for tpft on 1.4 focus for 26 male no claims and 20% ignition test)

MugMugs

Pick up yellow pages

Open yellow pages

Call brokers and insurance companies listed within yellow pages.

Obtain as many quotes as you can and when done select the cheapest / best one you find.

Cheap premiums are like fly fishing. The first year being cheap reels them in.... Laziness to do anything about it the next year keeps them there.

Peregrinus

1. Mugsmugs is right. Shop around. Some insurers may relying on inertia to keep current customers.

2. Insurers can't link premiums to gender any more. But they can link premiums to other characteristics, such as what car you drive. And if you drive a make/model that's mostly driven by young blokes, then your premium will be determined by the claims experience from a pool of drivers mostly consisting of young blokes which, as we know, is likely to be a poor claims experience. Trade in the car and get something your granny would drive.

HungryJoey

I have to admit that I noticed a change in policy premiums since this "gender" rule came in. My renewal was due recently and got a bit of a shock (5yr NCB) that my premium hasn't reduced. So I picked up the phone and spent an afternoon trying to get quotes on my E46, much to my surprise I was declined quotes left, right & center! Some places quoting ridiculous amounts. Majority of places threw the "gender" excuse explaining it has pushed prices up.

Similar situation for the missus, her renewal just took a massive hike with the excuse about this whole gender thing.

All it seems to have done is given insurance companies the excuse to hike their prices and take advantage, IMO.

fletch

Got my renewal quote in for €700 (29yo male 10years full licence, full no claims bonus on a 180bhp supermini)...bit of shopping around and got it down to €333 (fully comprehensive with full no claims protection).

elgriff

Mine has tumbled

HungryJoey

fletch wrote: »

Got my renewal quote in for €700 (29yo male 10years full licence, full no claims bonus on a 180bhp supermini)...bit of shopping around and got it down to €333.

Good deal. Who with?

deRanged

elgriff wrote: »

Mine has tumbled

so has mine. I was amazed when I saw the quote.

fletch

HungryJoey wrote: »

Good deal. Who with?

I was with Aviva...the new policy is with Aviva (through Chill.ie)

pippip

Just be aware chill.ie seem to have a lot of items as extras that would be standard on other policies.

godtabh

It was never going to go down. Womens prices were just going to go up

Kenny Logins

elgriff wrote: »

Mine has tumbled

deRanged wrote: »

so has mine. I was amazed when I saw the quote.

Could it be an age and NCB related discount?

elusiveguy

Insuring an Accord Type R for 400 euro this year, adding my (female) OH would have added 390 to it rather than reducing as in previous years. This is down from 800 last year.... Mine has certainly changed for some reason and I've not hit any milestones this year....

eg6 vtec

insured my 96 subaru WRX this year for 880 fully comp with axa, and if my girlfriend could drive i was told by axa my premium would be cheaper if i added her to it?

Peregrinus

eg6 vtec wrote: »

insured my 96 subaru WRX this year for 880 fully comp with axa, and if my girlfriend could drive i was told by axa my premium would be cheaper if i added her to it?

Was that before or after 21 December 2012?

godtabh

eg6 vtec wrote: »

insured my 96 subaru WRX this year for 880 fully comp with axa, and if my girlfriend could drive i was told by axa my premium would be cheaper if i added her to it?

It used to be the case that having more than one person driving it (particularly if it was a female) would reduce the risk as its spread over two people who would not have exclusive access to the car. I think that maybe gone now

Guffy

O ya shopped around. So far its 627 wit no nonsense.ie they have a couple of nice extras in that too.

toastedpickles

I've a 1.4 astra "comfort" editon or something, last year I paid 1900 (first year driving) and this year, after a bit of looking and complaining, I got it down to 800 with axa, so not too shabby for a 21 year old!

Joe 90

Just for fun someone ran a quote to add his 17 year old daughter who passed her test last month to his Exige insurance (UK).

H3llR4iser

Wonder how much of a role the insurance/tax hike is playing in the downturn of the sales market, as opposed to the "unlucky 13" silliness.

newport2

fletch wrote: »

Got my renewal quote in for €700 (29yo male 10years full licence, full no claims bonus on a 180bhp supermini)...bit of shopping around and got it down to €333 (fully comprehensive with full no claims protection).

+1

My sister got a quote for herself, her husband and daughter for about €1400. She shopped around with the online brokers and got a price of just under €700....with the same insurer. She rang the insurer up and went through the two quotes she'd got, because she couldn't believe how much cheaper it was. Identical.

reb73

godtabh wrote: »

It used to be the case that having more than one person driving it (particularly if it was a female) would reduce the risk as its spread over two people who would not have exclusive access to the car. I think that maybe gone now

This doesn't seem consistent though it seems to be the case with most (most notably with policies underwritten by RSA, but not necessarily exclusive to them). I was with 123.ie last year and during negotiation of the renewal premium last month, found out that the cost of having my partner (who has insurance in her own name/car as well) on my policy amounted to about €55 extra. This seemed the case for most other online quotes (Tesco, BestQuote, AvivaDirect, Chill, FBD etc)

But in the end the policy I took out with a broker (underwritten by Chartis/AIG) actually brought down the annual premium by €84 when I included my partner. And this was on 07-Jan-2013 well after the gender equalization directives were well in place, so not quite sure what to make of it..

Elfinknight

My insurance stayed the same this year for the same car.
My wife's premium stayed the same too but she changed the car to a smaller one late last year.

All the new legislation has done was increase the insurance companies profits.