Will Insurance go up- increased engine size

TheQueen

I am too impatient to wait till tomorrow to ring broker.
Currently driving a 2.0 litre, moving to a 2.4 litre tomorrow, should I expect a jump in insurance cost?
Thanks

Alanstrainor

Maybe.

How is anyone here supposed to know?, ask your insurance company in the morning and you'll know for certain.

TheQueen

Apologies. I should have worded the question differently to has anybody else up changed to bigger sized engine lately had their insurance increase?

JerCotter7

If it is the same car with just a bigger engine yes. If it's a completely different car then odds are yes unless you are going from a sporty car to say a people carrier.

yoshiktk

I recently moved from Accent 1.3L to Mazda 6 1.8L to be surprised the insurance did rise only by 30€ for a year.
Just call them and check.

Nino Brown

I went from 1.6 petrol to 2.0 Diesel, I had a pretty big jump, of over E100.

PLUG71

Alanstrainor wrote: »

Maybe.

How is anyone here supposed to know?, ask your insurance company in the morning and you'll know for certain.

In all fairness how do know that their isn't any brokers on Boards?

PLUG71

Sitec wrote: »

What broker is going to give a quote without information regarding the driver, car and location??

They would not give a quote.

Maybe they might be able to indicate using their experience of the insurance trade wether or not the premium might go up or not!

TheQueen

I was not looking for a specific definite amount, just wondering had anyone had a big jump in price, trying to work out my monthly budget. Thanks for replies

Alanstrainor

I didn't intend to come across as abrupt/crass in my response. But there is a lot more to consider than just the engine size. What cars specifically are we talking here? Years of both? Petrol, Diesel? What age is the OP? etc etc. The quote could go DOWN as well as up for all we know.

OP, these are questions worth asking before making purchases, but either way you'll know for certain tomorrow. You're welcome to post back here to let us know how you fair.

vibe666

My wife has a 1.6l 2003 s40 with about 10 years NCB at this stage and the cnuts make a converted effort to put up her insurance every year despite her never having had a claim.

If they can find a way to keep putting up our insurance when we're never had a claim, you can be sure they will find a way to put yours up.

djimi

Its entirely probable that the insurance will go up. Did you not get a quote on the car before you bought it? Risky move that...

leeroybrown

Anyone changing car should probably talk to their insurer first. It avoids nasty surprises.

biko

Worst case scenario: it will go up - but you really need to check with your insurer.
Shop around, perhaps another company will offer a better deal.

CiniO

TheQueen wrote: »

I am too impatient to wait till tomorrow to ring broker.
Currently driving a 2.0 litre, moving to a 2.4 litre tomorrow, should I expect a jump in insurance cost?
Thanks

I changed from 2.0 petrol mazda 6, to 2.2 litre diesel civic.
My premium rose by about 10%

TheQueen

Thanks. I bought the car yesterday, I had planned to buy another two litre but ended up with different car with bigger engine and insurance through broker who works mon-fri only so couldn't check before hand. Sure Ill find out tomorrow apologies for the stupid question.

biko

TheQueen wrote: »

Sure Ill find out tomorrow apologies for the stupid question.

It's a valid question but only your current insurer can say for sure.
You can go to their website and enter a quote for a 2.4 litre car and see what you get.
Mind that it's only an offer and may not be the quote you will actually get.

djimi

TheQueen wrote: »

Sure Ill find out tomorrow apologies for the stupid question.

Its not a stupid question but its a dangerous game buying a car without knowing how much insurance is going to cost. Engine size is only one small factor also, so even if you had gone from a 2L to another 2L there is no guarantee that you would not have seen an increase. Always ensure that you have a quote that you can afford before handing over money for a car.

TheQueen

djimi wrote: »

Its not a stupid question but its a dangerous game buying a car without knowing how much insurance is going to cost. Engine size is only one small factor also, so even if you had gone from a 2L to another 2L there is no guarantee that you would not have seen an increase. Always ensure that you have a quote that you can afford before handing over money for a car.

It never jumped much in the past when I went up in engine size and to be fair I don't pay a huge amount ( 30+, low annual mileage, full NCB, drive mammy wagons - waiting to see if car insurance price changes is probably the most exciting part of this car change )

vibe666

throw a quote into 123.ie or one of those sites to give yourself an idea of what to expect. first thing i'd be doing when looking for a new motor to make sure i could afford to run the thing!

aoifeL57

I work in insurance and the biggest mistake people make when buying new cars they always go on the engine size of the car which is not the case, its goes on the spec of the vehicle ie Toyota corolla terra 1.4cc and toyotal corolla luna 1.4cc are rated differently so it also goes on the spec of the vehicle.

Alan_007_

aoifeL57 wrote: »

I work in insurance and the biggest mistake people make when buying new cars they always go on the engine size of the car which is not the case, its goes on the spec of the vehicle ie Toyota corolla terra 1.4cc and toyotal corolla luna 1.4cc are rated differently so it also goes on the spec of the vehicle.

Is that just with comprehensive insurance or does it also apply to third party?

Del2005

Alan_007_ wrote: »

Is that just with comprehensive insurance or does it also apply to third party?

I'd say it's both. More people driving lower spec will increase the 3rd party claims risk for that version, higher spec costs more to replace. Insurance companies are able to have their cake and eat it.

Gumbo

All depends OP, it was cheaper to insure my 4.4 X5 than my 3.0 530d.
It's all personal and you will not know until you do the insurance transfer.

simplybam

I changed last year from a 3-series BMW 1.8ltr to an E-class Mercedes 2ltr. Insurance itself stayed the same (paid €40 admin fee for the change of details). Would recommend you try the AA. They seem to be on a sales drive at the moment. Was with 123.ie last year and renewal came in at about 80% more than last year (no claims, same car and full NCB)!

Best offer so far for my renewal (due next week) is from AA and a friend of mine also got her best offer by far from them.

Neilw

TheQueen wrote: »

Apologies. I should have worded the question differently to has anybody else up changed to bigger sized engine lately had their insurance increase?

I went from a 1.6 to a 3 litre and there was no difference in price, I actually think the renewal next month is slightly cheaper than the 1.6 last year.