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Is insurance per month or per year? Watch

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    If someone says "my insurance is £1k" do they mean per year or per month?
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    hopefully per year but per month isn't impossible i guess were a talking car insurance but home insurance has the same issue i know my parent's home insurance is £400 per year compared to my dad's old friend who was annoyed about his annual bill doubling to £30,000
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    Per year. It's cheaper overall to pay it in a lump sum for the year, you can choose to pay it per month but it works out slightly more expensive.


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    (Original post by Vitamin D)
    Per year. It's cheaper overall to pay it in a lump sum for the year, you can choose to pay it per month but it works out slightly more expensive.


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    I agree
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    (Original post by zigglr)
    If someone says "my insurance is £1k" do they mean per year or per month?
    Id be worried if someone was paying 1k a month insurance, lol
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    (Original post by Emma:-))
    Id be worried if someone was paying 1k a month insurance, lol
    That was my first insurance policy a few years ago - just around £13,000 a year. Cheapest one I could get, ranged from £13,000 up to £35,000

    18 years old, returning to the UK after living abroad in the middle east and previously having a "foreign" driving licence, with zero NCB.

    Believe me, it can happen!
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    (Original post by XMaramena)
    That was my first insurance policy a few years ago - just around £13,000 a year. Cheapest one I could get, ranged from £13,000 up to £35,000

    18 years old, returning to the UK after living abroad in the middle east and previously having a "foreign" driving licence, with zero NCB.

    Believe me, it can happen!
    So on here, where the guy is saying his was £1.1k, he means per year?
    http://www.pistonheads.com/gassing/topic.asp?t=1150988
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    (Original post by loya61)
    So on here, where the guy is saying his was £1.1k, he means per year?
    http://www.pistonheads.com/gassing/topic.asp?t=1150988
    Yes, that will be an annual insurance payment.
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    (Original post by XMaramena)
    That was my first insurance policy a few years ago - just around £13,000 a year. Cheapest one I could get, ranged from £13,000 up to £35,000

    18 years old, returning to the UK after living abroad in the middle east and previously having a "foreign" driving licence, with zero NCB.

    Believe me, it can happen!
    At that price i wouldnt bother.
    Its a bit unaffordable. Id wait until prices went down.
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    (Original post by Emma:-))
    At that price i wouldnt bother.
    Its a bit unaffordable. Id wait until prices went down.
    I have a lease car now that I love - when I turned 21, the dazzling door to dashingly delightful deals opened up and I never looked back!
 
 
 
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