Car insurance for >15 year old cars

Eggs For Dinner wrote: »

Read the detail, not the headline

I've read the whole article. What's the point you are making?

Greyfoot wrote: »

Is this still a thing? I mean what can one expect when buying say an 05 golf with decades of ncb and experience being a 40years old foreigner? I guess the latter would still drive the premium up? And what's the story with this 15years old or older cars cut off? I mean what's the mechanical difference between an 05 Audi and an 07 Skoda, they both rolled down from the same factory line?

Ireland is the only Country that I know of that has an age cut off point for Insurance....and in the past that was based on fraudsters buying and insuring old cars in "Crash for Cash" scheme's. They would buy and insure the car today, and have a staged crash shortly after.
But why should that still apply today, for drivers with a long and unblemished driving history? Once the car has a valid NCT, that should be all that is required. Instead we have another reason for insurance companies to jack up the price, more gouging, plus funnelling people into changing their cars more often...and more debt.
As a justification, they roll out the story that newer cars have more safety features, and so they have, but that does not mean that they are twice as safe as car's built 15-20 years ago. Air bags which reduce impact injuries are not new, they have been around a long time, first introduced in the 1970's. Ditto, power assisted brakes and steering, also widely available even in 40 year old cars.
All a price gouging racket.

€585 for renewal of comprehensive policy - 21 year old Corolla. Allianz.

corcaigh1 wrote: »

Broker or direct? your age, points, no claims?

Broker, 47, 0 points, 11 years no claims bonus

corcaigh1 wrote: »

Im with axa last two years with a 03 Audi, Full no claims mid 30's but have 3 points for speeding two years ago. Renewal las week for TPFT €1090 and when I negotiated they spun me some waffle that they stand by their quotes as they offer the best product in the market bla bla bla but we see if we can do something, comes back and says they will knock off the €90.

So they want €1000 for a 03 Audi. They can f*ck off. Im doing without a car as im not buying a newer car or paying them 1k for TPFT insurance just because I choose to drive an older but perfectly roadworthy vehicle.

Back in 2014, I bought a 2003 A6, fully NCT'd etc. The insurance then ( 2014 ) was €320. Which was average then and Ok. Roll on 2015, and new quote arrived, for €1175.00. When I asked "WHY"? I was told that the increase was based on the fact that I only had 1 year's experience with this car, and that previous driving insurance history did not count. Basically, they were treating me as a new driver...despite having 30+ NCB, and experience in driving many different make's of car.
2015 will be remembered as the year that the great insurance rip-off began.
Aided and abetted by a Govt, that sat on it's hands and did nothing to stop the insurance gouging.

NewbridgeIR wrote: »

Frank Glennon - but as said, a renewal. Car in my family since new

Which raises another point. Like you, my friend has a 1995 Toyota Corolla 1.3 Petrol, and has about 350'000 miles on it... car was always serviced on time, and never abused in terms of driving. It is running like a swiss clock...and has many more miles left in it. It failed it's last NCT because the headlight's were out of focus. After adjustment, passed with flying colours. Now the point I am trying to make is, why the hell are we being stampeded into changing car's so often, when obviously there is still lots of life in them? Who is pushing this agenda? Govt? ( VAT on sale's?) Banks, Credit Institutions? ( Profit's? ) Because it exists only in Ireland, as far as I know...I have never seen it in other Country's that I have been in, and i have been in quite a few. I drive 10 year old car myself, with 225'000 Klms on it, and it should be good for at least another 100'000 Klms, but once it passes to 12/13 year old mark, will I have to buy something more "Insurance /Government" friendly? And by the same token,will it mean that my car will be effectively worthless, or at the least, worth only a few hundred.And so, back to the Bank...and more debt.

jmreire wrote: »

Which raises another point. Like you, my friend has a 1995 Toyota Corolla 1.3 Petrol, and has about 350'000 miles on it... car was always serviced on time, and never abused in terms of driving. It is running like a swiss clock...and has many more miles left in it. It failed it's last NCT because the headlight's were out of focus. After adjustment, passed with flying colours. Now the point I am trying to make is, why the hell are we being stampeded into changing car's so often, when obviously there is still lots of life in them? Who is pushing this agenda? Govt? ( VAT on sale's?) Banks, Credit Institutions? ( Profit's? ) Because it exists only in Ireland, as far as I know...I have never seen it in other Country's that I have been in, and i have been in quite a few. I drive 10 year old car myself, with 225'000 Klms on it, and it should be good for at least another 100'000 Klms, but once it passes to 12/13 year old mark, will I have to buy something more "Insurance /Government" friendly? And by the same token,will it mean that my car will be effectively worthless, or at the least, worth only a few hundred.And so, back to the Bank...and more debt.

It’s a disgrace. Why should people have to change perfectly good cars. My Corolla just passed 100,000 miles (I do about 3,000 per year and my Dad was retired when he bought it in ‘99) so good for another while yet....

tuxy wrote: »

You're right, he said it was a renewal.
I guess it doesn't matter which broker it was since no new customers will be getting a deal like that from them


What kind of protest and how many thousands of people would we need before there is a chance of making a difference?

Start by writing letters to ur local TD.

Is it true batteries in new cars are not made to last like they used to. I just had to replace the battery this year in my 00 Yaris but was told it won’t be as good as the original.

fin12 wrote: »

Is it true batteries in new cars are not made to last like they used to. I just had to replace the battery this year in my 00 Yaris but was told it won’t be as good as the original.

That was the belief one time.....and indeed, I have heard of original batteries lasting 6 and 7 years before needing replacement.Most new batteries now will come with a guarantee, generally the more expensive the battery, the longer the guarantee. But the life of a battery will depend on it's operating condition's, and that will vary from car to car, driver to driver. Bear in mind also that the electric's ( alternator etc) may deteriorated in an older car. They say the same thing about the original tyres being better than their replacements, but the fact is, by the time the tyres need replacing, after 20,30 or 40'000 klms, the suspensions and steering will have wear and tear too.

tuxy wrote: »

You're right, he said it was a renewal.
I guess it doesn't matter which broker it was since no new customers will be getting a deal like that from them


What kind of protest and how many thousands of people would we need before there is a chance of making a difference?

It would need to be nearly on the same scale as the water protest,,,100'000 marching on Dail Eireann. The problem is that while the common denominator with the water protests, was everyone was going to be hit, basically at the same time, but with insurance, its staggered, Say everyone's motor insurance fell due in January. then you would have enough people to create a critical mass, enough to trigger protests, But as it is,when each motorist gets his quote, he suffer's alone,,,,except for venting on boards.:( Make it an election issue, either change the system of no vote !!! )

Wibbs wrote: »

To be fair on the other side of things, I've noticed some nuance coming into it in the last few years. I drive a 22 year old car and an Integra Type R(AKA Honda Babyeater Insurance Risk 2000 ) and after a few years of insane premiums that rose rapidly from around 6-700 quid in the mid noughties up to around 2000 quid around 2014-18(they were the ones who wanted my biz, I got quotes past 4k from the ones who didn't), prices have been steadily dropping for me and this years dropped a 100 quid from last years down to now just over 700. They told me my age, NCB, no points, low mileage and long years of ownership make a big difference, whereas even five years ago that seemed to mean feck all. It was more of a general yay or nay approach, or they were pushing for a newer car and adding it as a "classic". Even then the prices were nuts. I actually don't mind high costs when they're logical and justified. I get that. It's when they appear and often are arbitrary and daft, then...

By right Wibb's, that's how insurance should work....measure the risk, then quote a premium based on that. What happened me was out and out bare faced legalised banditry... 30 yrs + NCB .. No claims ever.and always driving standard family-type cars, never more than 2.0 Ltr, and then I bought the 2nd car...1.9 TDI Audi, in 2015, first Insurance €350, Fine, Next year 2016, insurance,€1175,00, and the justification for such a rise? Quote" Because you have only one years experience driving that car" UnQuote But 2015 was the year that the scalping began...and they began a making up for any losses suffered in previous years...big time!!! It just seemed that they could use any flimsy excuse to gouge.

corcaigh1 wrote: »

Whats the story with say for example? im insured on a 09 Corrolla and for whatever reason its sold and replaced with a 05 Passat mid policy with the likes of Aviva or any of the insurance companies that refuse cover on older vehicles...will they allow that and what about renewal, do they refuse to quote or just quadruple the existing quote?

I don't know, but for sure, I'd check before I'd make the move... :cool:

jmreire wrote: »

I don't know, but for sure, I'd check before I'd make the move... :cool:

you will likely not have an issue - if you transfer to the older car mid-policy, renewal is an automated process: they're not going to 're-vet' the proposal at that stage.

That's my experience anyway.