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Child Item

Car insurance - tell us your quotes/renewals

jordanfaf

Just curious as to what people pay.
Your Age:
Car type and engine:
years driving:
any claims:
Price and provider:

Mine go as below

Age:18
Car: 2006 mini cooper S 1.6 172bhp
Years driving: year and a half
claims: 1 claim last year
price and provider: 1200 with Aviva

Pretty reasonable price considering claim and high performance I think

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johndaman66

givyjoe wrote: »

You might not agree with it, but that's the reason. Ridiculous, but there you go. The idea is that two people cant drive the car at once. So if the second person is a lower perceived risk, the overall premium will therefore be cheaper because the risk of accident is lower.

On a name driver costing more, usually this is where named drivers were someones less experienced son, or daughter. Therefore they were a greater insurance risk.

Hmm, I'd like to see evidence of this, a link or that.

The thing is the driver I named is higher risk in my case in my case. The underwriting criteria was that the name driver had to have a full license, be accident and claim free for the last 5 years and as I recall needs to have a car of their own on the road.....They could conceivably be a higher risk than me and most likely are in my case as they don't have as many years claims free as me.

I'd be inclined to go with my original assumption that it is to get new business in unless of course I see hard evidence to the contrary.

Liam McPoyle

flexcon wrote: »

I was actually told by a friend in an insurance company that under EU law you cannot charge more for a premium based on the country where the license was issued.

That is incorrect, provided the insurer can prove why they are charging EU licence holders more.

The company I work for have had discrimination cases brought against them by EU licence holders because they were charged more for quotes than an Irish or UK licence holder for the same car and same bonus.

The company were able to provide the WRC (workplace relations commission) with actuarial data that proved EU licenced drivers on our books were having more claims than Irish/UK licence holders and were charged more because of it. As a result, the discrimination claims were dismissed.

flexcon

BronsonTB wrote: »

Your Age: 42
Car type and engine: 2002 Passat 1.9
years driving: 10+
any claims: 10+
Price and provider: 910 Britton Insurance

2015 - 400 (lexus is200)
2016 - 660 (Passat)

Pretty hefty increase again this year...
Currently shopping around.

Try liberty - and it isn't just a random suggestion, but seriously impressed with the updated quote they gave me.

650 euro compared to 900 odd earlier with everyone else.

BronsonTB

Your Age: 42
Car type and engine: 2002 Passat 1.9
years driving: 10+
any claims: 10+
Price and provider: 910 Britton Insurance

2015 - 400 (lexus is200)
2016 - 660 (Passat)

Pretty hefty increase again this year...
Currently shopping around.

flexcon

inforfun wrote: »

It would make more sense to be concerned where a license was issued than whether or not they have a penalty point system in place.
Finnish people have to jump through hoops to pass for a license while some countries seem to hand them out for free with a breakfast roll.

I agree, but as far as I was told insurance companies cannot charge more based on this. So instead they play the system by giving the discount based on penalty free driving,

So instead of charging a premium for non irish license, they put the price of the Irish license loading up to meet the highest of the other EU countries and then reward back with heavy discounts on penalty free driving

inforfun

It would make more sense to be concerned where a license was issued than whether or not they have a penalty point system in place.
Finnish people have to jump through hoops to pass for a license while some countries seem to hand them out for free with a breakfast roll.

flexcon

cplwhisper wrote: »

All continent Eu licences are more than Irish licences for all insurance companies but a rare few.

Untraceable penalty points are main loss of revenue for insurers thus It gets all drivers to change so to eliviate the risk.

Rates for IRL licence policies are up min 25% on the premium you paid last year

I was actually told by a friend in an insurance company that under EU law you cannot charge more for a premium based on the country where the license was issued.

So Insurance companies cannot charge more,

A way around this is they offer discounts for penalty free driving. Heavy discounts.

So when you don't have an irish license, you don't have this system in place, therefore, all none IE licenses don't get the penalty free driving discount

Makes sense to me and very plausible

cplwhisper

All continent Eu licences are more than Irish licences for all insurance companies but a rare few.

Untraceable penalty points are main loss of revenue for insurers thus It gets all drivers to change so to eliviate the risk.

Rates for IRL licence policies are up min 25% on the premium you paid last year

flexcon

Renewal time

here we go

Company: Aviva
Existing policy for renewal
Car: 09 Mazda 6 estate 2.2 185BHP diesel
Value: Say 8000?
Price quoted €910
Included: Full NCG protection, 25% multicar discount, 50% 5 years NCB bonus and added partner to policy. That is up from €410 last year!! Rang them wouldn't do better on price

I actually have 9 years full license and 9years NCB and I am 26

Rang Liberty, and they got pretty much like for like for €645.

So obviously it is a no brainier to ring around, I went to 123.ie and quote devil etc etc, but they were all around €950. Then Bam, did a random quote on liberty, got a callback from a guy called John and he said if I had a parent I could add it might bring it down. It did, hence the €645.13 quote!

givyjoe

johndaman66 wrote: »

I really wouldn't agree with that logic. If anything I would say there is an overall higher risk of an accident if there is more people driving the same car. Remember the same insurance company will have to make a payout if any of the named drivers have an accident with the car. Not too long ago it would have generally cost more to name someone on a policy, probably still is the case with some providers............ go figure.

If I had to hazard a guess I would think the logic is that the named driver might be more inclined to get a quote from the same company come their renewal time, brings in more new business.

You might not agree with it, but that's the reason. Ridiculous, but there you go. The idea is that two people cant drive the car at once. So if the second person is a lower perceived risk, the overall premium will therefore be cheaper because the risk of accident is lower.

On a name driver costing more, usually this is where named drivers were someones less experienced son, or daughter. Therefore they were a greater insurance risk.

johndaman66

givyjoe wrote: »

The general idea is that named drivers mean you are using the car less, therefore a lower risk of YOU crashing.

I really wouldn't agree with that logic. If anything I would say there is an overall higher risk of an accident if there is more people driving the same car. Remember the same insurance company will have to make a payout if any of the named drivers have an accident with the car. Not too long ago it would have generally cost more to name someone on a policy, probably still is the case with some providers............ go figure.

If I had to hazard a guess I would think the logic is that the named driver might be more inclined to get a quote from the same company come their renewal time, brings in more new business.

FellasFellas

Passed my test in January; was a named driver since August 2016 but taking out my own policy in March as my mum is getting a new car and giving her old one to me. Got quoted around 1500-1750 from AXA which I thought to be quite good considering I'm 23 and only driving a few months, but would adding my dad or mum to the policy as named drivers put the policy down by a bit? Sorry, completely new to the insurance antics. Also, any other insurers out there that are well known to be a bit more reasonable? Getting quotes from AA and Aviva for crazy money.

TeaBagMania

givyjoe wrote: »

Do they have to be alive ?

perfect place for the "don't ask, don't tell" policy

givyjoe

TeaBagMania wrote: »

Yep, makes absolutely no sense, you could add your parents and your grand parents as named drives even though they would never drive the car... mad indeed

Do they have to be alive

TeaBagMania

barry181091 wrote: »

givyjoe wrote: »

The general idea is that named drivers mean you are using the car less, therefore a lower risk of YOU crashing.

That is what I was expecting but in reality that is false, unless the policy states that named drivers must drive for X time. Great for me though :D

Yep, makes absolutely no sense, you could add your parents and your grand parents as named drives even though they would never drive the car... mad indeed

Rolan4

thx Already did exchange today it will take about 6 weeks,hope my insurance will be reduced by the way i am 32 , the price I get it just shocking.

barry181091

givyjoe wrote: »

The general idea is that named drivers mean you are using the car less, therefore a lower risk of YOU crashing.

That is what I was expecting but in reality that is false, unless the policy states that named drivers must drive for X time. Great for me though

givyjoe

barry181091 wrote: »

Male.
Age: 25
NCB: None.
License: Full (Just received).

So I am getting quotes on general 1.2/1.4 cars for anywhere from 2800-4000.

Can anyone in the know tell me why it is that the more named drivers I add to my policy (Up to 3 I find), the more the premium is reduced!? Seems mad!?

The general idea is that named drivers mean you are using the car less, therefore a lower risk of YOU crashing.

barry181091

Male.
Age: 25
NCB: None.
License: Full (Just received).

So I am getting quotes on general 1.2/1.4 cars for anywhere from 2800-4000.

Can anyone in the know tell me why it is that the more named drivers I add to my policy (Up to 3 I find), the more the premium is reduced!? Seems mad!?

inforfun

Rolan4 wrote: »

my Latvia

Try quotes with Irish license. Probably will save you quite a bit
Then change your drivers license for an Irish one.
Your age might play a part too but with 6 years NCB you should be at least 24.
Your 980 last year was already day light robbery.

Rolan4

my Latvia

inforfun

Which country is that EU license?

Rolan4

get my yesterday, last year was 980 this 1680 for same car 11 insignia ecoflex 6 years NCB no points Full Eu licence car kept in garage WTF?

kielmanator

Age 26
NCB 8 yrs
Full Irish 9 years
Car 05 Octavia 1.9 TDI Ambiente

Renewal of 1045€ TPFT cheapest I can get.

Thinking of a switch to girlfriends 1.0L 161 Polo...700€ fully comprehensive.

Reason? "Oh, well the Octavia had a bigger engine you see..."

Yeah? It only has 35 more BHP you shower of morons Allianz!!!!

Grrrrrr

cplwhisper

The older model is more freq modified without declaration thus insurers will load accordingly

Kalimah

2001 1.6 Ford Focus _ NCT etc
Male (hubby) aged 60 - retired
No claims, no points, full NCB
Just got the renewal this morning €719 from 123.ie
Double last years.

Edit - just got a quote for him using my car reg - 2007 Focus same spec and it was €463.
Wouldn't mind but the 01 Focus is minded like a baby and better looked after than mine.

wotzgoingon

Sure I went from a 2001 Subaru Impreza WRX 2 litre turbo with 215BHP to a 2 litre 150 BHP and they want €130 extra. But it is older as it is a 1998 but still I do not see their logic.

DvB

H3llR4iser wrote: »

Bizarre? In three years I went from 540 to 700 to ~960, same car (Alfa 159 1.9 petrol), no claims, more NCB, no penalty points; And those are the lowest possible figures - last October most companies flat out refused to quote me, and some came up with ~2000 euro premiums.

If anything, this thread makes a big case for the idea that premium quotes are dished out more or less randomly, hoping that people would just pay up and shut up.

I find it bizarre, for the same reasons as your own... nothings changed, except i've driven an additional 2 years with no claims, longer NCB and no penalty points yet I've been quoted up to 6 times the cost... bizarre or rip off, whatever you prefer really.

H3llR4iser

DvB wrote: »

Managed to finally get my quote down to something resembling reasonable (relatively anyway) through Allianz, ended up at €574 fully comp incl. their breakdown cover & bonus protection

Bizarre to think 2 years ago I paid €306 for essentially the same policy & this time around had the vast majority of the usual suspects quote me over €1k , one even quoted me €1700... dreading to see whats going to happen next year, I can fully understand why many now take the chance of driving uninsured, its a complete rip off & seriously needs looking into.

Bizarre? In three years I went from 540 to 700 to ~960, same car (Alfa 159 1.9 petrol), no claims, more NCB, no penalty points; And those are the lowest possible figures - last October most companies flat out refused to quote me, and some came up with ~2000 euro premiums.

If anything, this thread makes a big case for the idea that premium quotes are dished out more or less randomly, hoping that people would just pay up and shut up.

DvB

Managed to finally get my quote down to something resembling reasonable (relatively anyway) through Allianz, ended up at €574 fully comp incl. their breakdown cover & bonus protection

Bizarre to think 2 years ago I paid €306 for essentially the same policy & this time around had the vast majority of the usual suspects quote me over €1k , one even quoted me €1700... dreading to see whats going to happen next year, I can fully understand why many now take the chance of driving uninsured, its a complete rip off & seriously needs looking into.