Insurance to BHP Converter

Handsome Brute

Hello all!

I am a 24 year old man with a few years no claims driving! I have had a full licence since I was 18.

Recently I have got a good job and am on a good salary, single and have good job security so I'm looking to splash out on my first new car. Its a 184 BHP diesel but still all insurance company's are quoting me on ridiculous money! I am just wondering how many years driving do you need for such an engine and when will I be able to buy whatever car I want within reason (up to 290 BHP ).

smash

Do you have no claims on your own policy or as a named driver? Most companies don't take named driving experience seriously.


I like your thread title though, I just worked out that I'm paying €2.69 per BHP.

mullingar

ilikesubway wrote: »

Hello all!

I am a 24 year old man with a few years no claims driving! I have had a full licence since I was 18.

Recently I have got a good job and am on a good salary, single and have good job security so I'm looking to splash out on my first new car. Its a 184 BHP diesel but still all insurance company's are quoting me on ridiculous money! I am just wondering how many years driving do you need for such an engine and when will I be able to buy whatever car I want within reason (up to 290 BHP ).

184hp? Sounds like a VAG. These seem to have a premium loading thanks to all the 'felt spec cars. Get a quote on something else before you buy.

Johnny K

smash wrote:

I like your thread title though, I just worked out that I'm paying €2.69 per BHP.

I'm paying €2.77/BHP I'm being ripped off!

Alanstrainor

There's more to it than just BHP. Generally the amount of claims will determine the risk against particular cars. VAG powerful TDIs are popular with young lads, and they crash often hence higher premiums.

smash

Johnny K wrote: »

I'm paying €2.77/BHP I'm being ripped off!

Well how many horses are we talking? I could still be paying more than you for insurance.

Asmooh

im paying 2,12 / hp or so

Professey Chin

3.96 per bhp......well thats depressing

Handsome Brute

I should have pointed out that the car in question is a: SKODA OCTAVIA VRS 2.0TDI 184BHP

Nuw

I'm paying 4€ /hp... with 3years NCB older than 25 on a full licence that is 2 years old and a car that is 15 years old (that last bit might the reason whyit's so high though)

Donnelly117

€5.55 so it could be worse lads...

kirving

€8.09/bhp - And that's in a 1.8 S40, hardly seen as a boy racer car

Johnny K

smash wrote:

Well how many horses are we talking? I could still be paying more than you for insurance.

155 horses.

fancy pigeon

mullingar wrote: »

184hp? Sounds like a VAG. These seem to have a premium loading thanks to all the 'felt spec cars. Get a quote on something else before you buy.

I was going to guess E46 330d...?

For me, 50cent per bhp. Premium is €150, its a 300bhp car

Gotta love classic policies

smash

Johnny K wrote: »

155 horses.

Your insurance is cheap enough then.

shietpilot

€13.04 / HP here

millington

No point using price/bhp as a ratio it's totally irrelevant. I insured a 220bhp car for €500 less than a 190bhp car, for example. Current 150bhp car is the same price as the last 204bhp car. Go figure

At 24 with a few years no claims and a full licence I would have thought around €750 on a VRS Octavia or so

CiniO

I'm paying €3.92 per BHP on my car.
My wife is paying €3.93 per BHP.

On another car we have in Poland, we pay €1.05 per BHP

Special Circumstances

€2.62 in da subaru.
Not bad!

mhackett102

€21.43 per bhp on the Jetta.. The joys of being a young driver

After calculating that it has very upset me.

GustavoFring

ilikesubway wrote: »

Hello all!

I am a 24 year old man with a few years no claims driving! I have had a full licence since I was 18.

Recently I have got a good job and am on a good salary, single and have good job security so I'm looking to splash out on my first new car. Its a 184 BHP diesel but still all insurance company's are quoting me on ridiculous money! I am just wondering how many years driving do you need for such an engine and when will I be able to buy whatever car I want within reason (up to 290 BHP ).

How ridiculous are the quotes? I've 9 years on you but with the same car and I'm just a fraction under €800.

Ogogo

Much more than BHP at play. Just switched my insurance from a 190hp to a 230hp and I am getting a premium refund of about 40% - go figure (not complaining)

In addition to age, experience, no claims and the stuff you would expect, the not so obvious things like occupation, the area you live in etc can have a significant impact on your premium.

I would love to see all the criteria.......

colm_mcm

€3.75 per bhp on mine. The jag was €1.87
Diesel avensis was €5.33

mickdw

I'm paying €4.53/bhp.
Too much tbh.

Ionised

Very interesting way to price insurance. I'm 2.82 per bhp.

Quite glad that bhp in itself is not the way they come up with a premium figure.

When I did have a 184bhp car I think it was more down to the fact it had GTD written on the tailgate than the actual engine power (and maybe cause it was red... Everyone knows red cars are faster!)

GavRedKing

€3 per bhp, not bad

LawlessBoy

€16.15 per bhp. That's nearly after ruining my Friday.

Lifesapitch

€3.42/hp on a 184 vag. 10 years no claims and a bit older than op though

quadrifoglio verde

fancy pigeon wrote: »

I was going to guess E46 330d...?

For me, 50cent per bhp. Premium is €150, its a 300bhp car

Gotta love classic policies

Yeah but you're ancient :P

shietpilot

mhackett102 wrote: »

€21.43 per bhp on the Jetta.. The joys of being a young driver

After calculating that it has very upset me.

LawlessBoy wrote: »

€16.15 per bhp. That's nearly after ruining my Friday.

Jaysis, and I thought my €13.04 / HP figure was bad :pac:

Mycroft H

6 quid. That's not too bad I suppose.

Vowel Movement

€8.33 per bhp
120 wild stallions under the bonnet

pheelay

millington wrote: »

No point using price/bhp as a ratio it's totally irrelevant.

irrelevant, but it's funny

For me:
Policy 1: 3.30€/bhp
Policy 2: 3.01€/bhp

Ogogo

pheelay wrote: »

irrelevant, but it's funny

For me:
Policy 1: 3.30€/bhp
Policy 2: 3.01€/bhp

In the same spirit;

€1.69/bhp

Dord

'bout €10/bhp for me...

Wibbs

Donnelly117 wrote: »

€5.55 so it could be worse lads...

11.8 quid per horsey for me.

rebel.ranter

184bhp sounds like a BMW e46 330d or e39 530d.

For me costs are:

Policy 1: €1.99/bhp, but there is 507 of them
Policy 2: €2.00/bhp only 150 of them
Policy 3: €1.32/bhp, 262 of them.

vintagevrs

How many miles per year do you do op? Sounds like you want to treat yourself with a nice new car which is a great place to be, but if your millage isn't high, I would look at the petrol options available.

Superwofy

€15.78 on a measly 1.4l.

fancy pigeon

quadrifoglio verde wrote: »

Yeah but you're ancient :P

You're not too far behind ya auld hoor ya

Nate--IRL--

Roughly €10 /hp on a Honda feckin Jazz

Nate

€3.20/HP Fully Comp, 187hp BMW 5 Series M sport. 26 NCB 5+ years, no points...

When I got my full license at 17 my premium was €20.33/HP 3rd Party, 59hp Golf MK3.