Car Insurance

Tramps_mate · December 3, 2021

Anyone else noticed car insurance prices have crashed?

I was looking at quotes for a new car and the prices were £250! I checked my current vehicle of which I am currently paying £600 and the same thing.. £250 quotes.. Even with the same insurer I have now! :rant:

I'd advise everyone to go online and get some quotes. I'm going to take out a new policy this weekend for sure!

Brett Angell Delight · December 3, 2021

Crashed, you say?

4737carlin · December 3, 2021

Ive recently been told if you do it about 6 weeks before your run out its also a lot cheaper, closer your renewal date gets it goes up apparently?

Joey66 · December 3, 2021

Tramps_mate said:
Anyone else noticed car insurance prices have crashed?

I was looking at quotes for a new car and the prices were £250! I checked my current vehicle of which I am currently paying £600 and the same thing.. £250 quotes.. Even with the same insurer I have now!

I'd advise everyone to go online and get some quotes. I'm going to take out a new policy this weekend for sure!

It's mainly because of the tightening up on claims for whiplash .....

verreauxi · December 3, 2021

Same here in the US. Cars are being valued higher (both new and used) in terms of resale value, tax assessment, etc., yet somehow insurance rates rates are being lowered.

PhilM · December 3, 2021

Joey66 said:
It's mainly because of the tightening up on claims for whiplash .....

This and the increased use of cameras on cars, with less people making false or embellished claims and less costs required to dispute blame.

Joey66 · December 3, 2021

Tramps_mate said:
Anyone else noticed car insurance prices have crashed?

I was looking at quotes for a new car and the prices were £250! I checked my current vehicle of which I am currently paying £600 and the same thing.. £250 quotes.. Even with the same insurer I have now!

I'd advise everyone to go online and get some quotes. I'm going to take out a new policy this weekend for sure!

I always telephone around for good insurance - you do realise the good companies use the same underwriter .... Two remain I think the last time I checked ....

larbert toffee · December 3, 2021

Joey66 said:
It's mainly because of the tightening up on claims for whiplash .....

Miss Whiplash?

Joey66 · December 3, 2021

larbert toffee said:
Miss Whiplash?

I think you have to be hospitalised for a period now to claim whiplash ....... with big car insurance companies

larbert toffee · December 3, 2021

Joey66 said:
I think you have to be hospitalised for a period now to claim whiplash ....... with big car insurance companies

Only had it once for real, 'kin sore the next morning after a crash.

Joey66 · December 3, 2021

larbert toffee said:
Only had it once for real, 'kin sore the next morning after a crash.

£1200 average claim for that....in bygone days ......

Methuselah · December 3, 2021

Tramps_mate said:
Anyone else noticed car insurance prices have crashed?

I was looking at quotes for a new car and the prices were £250! I checked my current vehicle of which I am currently paying £600 and the same thing.. £250 quotes.. Even with the same insurer I have now!

I'd advise everyone to go online and get some quotes. I'm going to take out a new policy this weekend for sure!

Last year, I got a best quote of £460, this year after a bit of shopping around, I got £300. The bonus was, it was a Liverpool outfit! One other reason for rates improving is considerably lower mileage due to lockdown's and working from home.

ForestBlue · December 3, 2021

There was something on the Radio today (Radio 4 I think) with a piece on the number of fake insurance sites out there, offering car insurance at significant discounts, so best be on your guard too.