Will insurance renewal quote go down based on location?

arleitiss · 13-05-2014 10:38PM #1

Hey, so I got my renewal quote few weeks ago and today decided to call and pay it (it's not yet out of date).

A month ago I moved from Mountjoy/Gardiner area to Citywest area.
Called my insurance today changed address and when I said I want to pay it they said they cannot accept payment as they need to contact insurance first (in UK, these are just brokers) and my premium will change. When I asked will it go down or up they said they don't know and never called back (I assume they will tomorrow).

Does location affect insurance much? I am 20 and 2 years NCB and btw they never asked is it kept in parking or on street.

Thanks.

T.Sparkie · 13-05-2014 11:40PM

Yes location may have an effect on the premium. I doubt it would be much but it all depends on the risk of the area. I live in Clondalkin and my premium is 300 more than it would be in wexford, Im also 20 with 2 years NCB but Dublin city centre is a high risk area so it may go down moving out to citywest it depends on the risk of the area.

Stheno · 13-05-2014 11:43PM

Yes location can affect premium

bazz26 · 13-05-2014 11:43PM

Yes it does. Insurance companies gather information and statistics on things like car theft, vandalism, etc. These statistics can point to these being either high or low in a specific location meaning the risk of an insurance claim can be higher or lower.

hfallada · 13-05-2014 11:45PM

Yeah it varies hugely in Dublin. The difference between a postcode is often 15%, even through its the same suburb

arleitiss · 14-05-2014 12:07AM

Oh, thanks for answers, I hope mine will go down even more

ProudDUB · 14-05-2014 02:02AM

I'd be surprised if it doesn't go down. When I bought my car two years ago, I was also living in Dublin 1. Out of curiosity, I asked what my quote would be for my brothers address in Castleknock. I don't remember the exact difference in the quote, but it was at least a couple of hundred euros. Then again, other factors were in play too....was the car going to be parked up at night on a public road, or in a locked garage? Was it going to be parked in a private, gated, controlled access apartment complex, or in a driveway that anyone can access. So, its not just about the postal code.

arleitiss · 15-05-2014 03:28PM

Got call from insurance,
Price didn't change a single cent so stays same, also out of curiosity asked what if I moved from TPFT to TP only, the price difference is only 30 euro.

Damn it sucks to be 20 year old in Ireland and be driving

Kopparberg Strawberry and Lime · 15-05-2014 03:34PM

Dublin is mighty expensive compared to the rest of the republic !

Just aswell my car is always kept in the middle of nowhere in the countryside in a secure locked garage with shutters and alarm company etc :pac:

ironclaw · 15-05-2014 05:18PM

In fairness to the insurer, CityWest is sandwiched by Tallaght and Clondalkin. You haven't moved into a much lower risk locale.

arleitiss · 15-05-2014 05:21PM

ironclaw wrote: »

In fairness to the insurer, CityWest is sandwiched by Tallaght and Clondalkin. You haven't moved into a much lower risk locale.

Well I am in the peaceful areas, pretty much beside mountains but yeah I see the point, Tallaght is probably even in higher risk zone than city center.

But I suppose I should be happy anyways that my insurance dropped by 52% since last year.

stimpson · 15-05-2014 05:23PM

Ask for a fully comp quote. When I was driving a particular car, it was cheaper to go fully comp than TPF&T. When I asked why, I was told that there was a lower risk from people who asked for fully comp. Happened several times on that car with different insurers.

In other advice - ring around. Lots. I got my renewal today and it was €606. Spent the afternoon looking for quotes and the all ranged from 490 - 600. I just got a quote from Topquote.ie from Allianz for 455 :cool:

ironclaw · 15-05-2014 07:02PM

arleitiss wrote: »

Well I am in the peaceful areas, pretty much beside mountains but yeah I see the point, Tallaght is probably even in higher risk zone than city center.

But I suppose I should be happy anyways that my insurance dropped by 52% since last year.

Sorry, I sounded like an ass there. Wasn't meaning to demean your location. Its like Bray, great areas and places you wouldn't leave a car overnight. But unfortunately all slapped with the lowest common denominator.

arleitiss · 15-05-2014 07:41PM

When I called all insurers this year again - got refused by like 4 of them and one said - what's your current price, I said it and they said: "just go with it, that's probably as cheap as you will get"

oldyouth · 15-05-2014 09:34PM

Its not all to do with crime, a lot of insurers assess the daily commute. Back in the day, Wicklow, Kildare, Carlow etc got cheaper rates than Dublin because of less crime and a lower density of vehicles on the road. Nowadays, a lot of people commute to Dublin from these places and more miles on the road increase the risk, so it can often be dearer than some city rates

lycan238 · 15-05-2014 09:41PM

arleitiss wrote: »

When I called all insurers this year again - got refused by like 4 of them and one said - what's your current price, I said it and they said: "just go with it, that's probably as cheap as you will get"

same happened me last year. mind you I phoned round a few insurance companies first and got cheapest quote then challenged my current insurance company to match or beat that price. They gave me a lower quote which was not matched by other company so I stayed with the company I am currently with. This year I rang my current insurance company and got a reasonable amount off then took another €60 off and told them if they offered that figure I would stay with them, they accepted. I am currently 25, with 5 years NCB.

kirving · 15-05-2014 09:44PM

Mine was about 30% more expensive when I moved from Dublin to Galway (county). I understand why though, drivers here are woeful.

visual · 16-05-2014 03:27PM

ironclaw wrote: »

In fairness to the insurer, CityWest is sandwiched by Tallaght and Clondalkin. You haven't moved into a much lower risk ]

Insurance company has his money and arent surrendering their profit full stop.

Will insurance renewal quote go down based on location?

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