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Insurance prices skyrocketed overnight! Watch

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    Anybody else noticed that insurance quotes doubled overnight Dec 31st --> 1st Jan? Was getting quoted £950 by LV and £1k by Compare the Market (with Admiral), now looking at £1800 with LV and Admiral won't even quote anymore!

    Anybody have any experience and have an idea as to whether (+ when) they're likely to drop again?
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    New laws have just come in for gender equality, so men and women will now be charged the same rate. I thought women's insurance was meant to rise up to male levels, but it seems to be all over the place.

    With LV, mine halved last week - £1200 down to around £650 or so.
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    Yeah, mine dropped early December, but gone back to unaffordable levels again. Dayum.


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    Must be the January sales......

    Lol it's because there is forecasted snow for January so they Raise it because there's bound to be a lot of crashes


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    (Original post by StudentNeedingHelp)
    Must be the January sales......

    Lol it's because there is forecasted snow for January so they Raise it because there's bound to be a lot of crashes


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    :facepalm: Car insurance quotes are for the whole year or you pay in monthly installments and pay a bit extra so it doesn't matter if you get insured in December or June the 12 month period will include the months where it snows.
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    (Original post by KJKA)
    :facepalm: Car insurance quotes are for the whole year or you pay in monthly installments and pay a bit extra so it doesn't matter if you get insured in December or June the 12 month period will include the months where it snows.
    Unless its temp insurance like 30 days, hahahaha ha in your face !!!!!


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    (Original post by KJKA)
    :facepalm: Car insurance quotes are for the whole year or you pay in monthly installments and pay a bit extra so it doesn't matter if you get insured in December or June the 12 month period will include the months where it snows.
    I imagine weather predictions could cause a small change, while insurance is usually for a whole year, then back in July we didn't expect all the flooding which happened for instance.
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    (Original post by rmhumphries)
    I imagine weather predictions could cause a small change, while insurance is usually for a whole year, then back in July we didn't expect all the flooding which happened for instance.
    I guess so but with weather forecast being as inaccurate as they are for periods such as couple of months into the future I doubt they give it that much weighting.
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    Can't say I have?
    Mine's gone down again this year. The quote I got for our new land rover was £92 for the year fully comp. Ended up costing £134.00 in the end because Nicola wanted the drive other cars extension and an agreed valuation.

    Classic vehicles boys and girls! It's the future ironically... Get one as soon as you can.
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    (Original post by JC.)
    Can't say I have?
    Mine's gone down again this year. The quote I got for our new land rover was £92 for the year fully comp. Ended up costing £134.00 in the end because Nicola wanted the drive other cars extension and an agreed valuation.

    Classic vehicles boys and girls! It's the future ironically... Get one as soon as you can.
    Which is 25+ now on a lot of policies so not quite the alternative it used to be!
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    (Original post by thefunktopus69)
    Which is 25+ now on a lot of policies so not quite the alternative it used to be!
    Lancaster definately aren't 25+
    The afore mentioned LR is in Nic's name and she's 24.
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    (Original post by JC.)
    Can't say I have?
    Mine's gone down again this year. The quote I got for our new land rover was £92 for the year fully comp. Ended up costing £134.00 in the end because Nicola wanted the drive other cars extension and an agreed valuation.

    Classic vehicles boys and girls! It's the future ironically... Get one as soon as you can.
    J.C what qualifies a car as a classic? the ones people always mention i don't like, can i just get a 80s bimmer? Would that be considered classing because of its age?
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    I came very close to getting a '73 VW Fastback, it was a 1.6 flat four and could be insured for the same amount as the boring 1 litre cars everyone starts in!
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    (Original post by TheGodfather1)
    J.C what qualifies a car as a classic? the ones people always mention i don't like, can i just get a 80s bimmer? Would that be considered classing because of its age?
    Short answer is "whatever an insurance company says qualifies!"
    I would imagine you'd be fine with 80's BMW. But having said that, some things will qualify and some won't. Often it's a bit bizzare.
    Take an 80's Jag XJ - they will all qualify. Now take 80's Range Rovers - all will qualify up until about '86 when they introduced fuel injection. Then the quotes suddenly go from less than £100 to about a grand for me - then you have to look to main stream companies rather than classic specialists to get the price back down to something reasonable.

    Whatever your "thing" is, get involved with an owners club and more than often they will be able to steer you in the right direction.
 
 
 
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