Page 3 of 6 FirstFirst 123456 LastLast
Results 33 to 48 of 96

Thread: This is interesting....*car insurance*

  1. #33
    Senior Member
    Join Date
    Jun 2012
    Posts
    2,401
    Thanks
    87
    Thanked
    151 times in 145 posts
    • Willzzz's system
      • Motherboard:
      • Gigabyte
      • CPU:
      • 4670K
      • PSU:
      • FD Newton R3 600W
      • Case:
      • Corsair 350D

    Re: This is interesting....*car insurance*

    I'm more amazed your age didn't make more difference. I learnt to drive late at 25yo and my first premium (in a very similar car) was under £600.

  2. #34
    Not a good person scaryjim's Avatar
    Join Date
    Jan 2009
    Location
    Gateshead
    Posts
    15,196
    Thanks
    1,231
    Thanked
    2,291 times in 1,874 posts
    • scaryjim's system
      • Motherboard:
      • Dell Inspiron
      • CPU:
      • Core i5 8250U
      • Memory:
      • 2x 4GB DDR4 2666
      • Storage:
      • 128GB M.2 SSD + 1TB HDD
      • Graphics card(s):
      • Radeon R5 230
      • PSU:
      • Battery/Dell brick
      • Case:
      • Dell Inspiron 5570
      • Operating System:
      • Windows 10
      • Monitor(s):
      • 15" 1080p laptop panel

    Re: This is interesting....*car insurance*

    I'd assume it was partly postcode lottery (residential outskirts of Birmingham at the time), partly the age of the car, partly the fact that it was a Rover...

    Pass plus made no difference *because* of my age. If I'd been younger Pass Plus would've brought the premium down, apparently, but I was already getting "low" quote because of my age.

    I guess it may have been the combination of a 30 year old in a Rover 400 - probably a pretty common combination. Interestingly 3rd party wasn't any cheaper than comprehensive either (although I've seen quotes before where 3rd party/fire/theft was more expensive that comprehensive, anyway...)

  3. #35
    Senior Member
    Join Date
    Jun 2012
    Posts
    2,401
    Thanks
    87
    Thanked
    151 times in 145 posts
    • Willzzz's system
      • Motherboard:
      • Gigabyte
      • CPU:
      • 4670K
      • PSU:
      • FD Newton R3 600W
      • Case:
      • Corsair 350D

    Re: This is interesting....*car insurance*

    Yeah there are definitely some odd things out there, mine was in a Rover 200 so really pretty similar I would think?

    I've also seen cases where 3rd party is more expensive, perhaps people who select comprehensive are more cautious?

    Another one I found is that there is a sweet spot for expected mileage. If you set that too low your premium can go up! Perhaps people who drive infrequently get out of practice and make silly mistakes? I know my parking skills have deteriorated since I have stopped driving to work.

  4. #36
    Registered+
    Join Date
    Sep 2012
    Location
    Redditch
    Posts
    85
    Thanks
    0
    Thanked
    2 times in 2 posts
    • ste852's system
      • Motherboard:
      • Asus Prime X570-P
      • CPU:
      • Ryzen 5 3600x
      • Memory:
      • 16GB
      • Storage:
      • 2TB SSD
      • Graphics card(s):
      • MSI 5700XT
      • PSU:
      • Seasonic 750W 80+Platinum
      • Case:
      • Define R4
      • Operating System:
      • Win 10
      • Monitor(s):
      • Iiyama ProLite B2783QSU
      • Internet:
      • MORE SPEED NEEDED!!

    Re: This is interesting....*car insurance*

    Quote Originally Posted by scaryjim View Post
    I'd assume it was partly postcode lottery (residential outskirts of Birmingham at the time)
    Funny enough I'm in the outskirts of Birmingham myself (Redditch to be more precise)

  5. #37
    Not a good person scaryjim's Avatar
    Join Date
    Jan 2009
    Location
    Gateshead
    Posts
    15,196
    Thanks
    1,231
    Thanked
    2,291 times in 1,874 posts
    • scaryjim's system
      • Motherboard:
      • Dell Inspiron
      • CPU:
      • Core i5 8250U
      • Memory:
      • 2x 4GB DDR4 2666
      • Storage:
      • 128GB M.2 SSD + 1TB HDD
      • Graphics card(s):
      • Radeon R5 230
      • PSU:
      • Battery/Dell brick
      • Case:
      • Dell Inspiron 5570
      • Operating System:
      • Windows 10
      • Monitor(s):
      • 15" 1080p laptop panel

    Re: This is interesting....*car insurance*

    We were a lot closer in than that at the time. Calling Redditch the outskirts of Birmingham's a bit of a stretch That's like saying Macclesfield's on the outskirts of Manchester!


    Hmmm, although to be fair I do know some people who'd say that....

  6. #38
    The Old Fox csgohan4's Avatar
    Join Date
    May 2012
    Location
    The Fox Hole
    Posts
    1,057
    Thanks
    172
    Thanked
    57 times in 52 posts
    • csgohan4's system
      • Motherboard:
      • MSI Z97 Gaming 9 AC
      • CPU:
      • I7 4770K with Noctua-D15
      • Memory:
      • G SKILL 2400Mhz 8GB
      • Storage:
      • Samsung 840 Evo 500 GB| Seagate 1TB + 1.5TB
      • Graphics card(s):
      • EVGA GTX 780 ACX
      • PSU:
      • Corsair AX 860
      • Case:
      • HAF X with NF-S12B FLX, TY-140, X4 Coolermaster Megaflow 200mm and Demciflex Dust Flters
      • Operating System:
      • Windows 8.1 Pro
      • Monitor(s):
      • LG 24inch LCD W2468L
      • Internet:
      • Sky Fibre Unlimited with Asus DSL N66U

    Re: This is interesting....*car insurance*

    More and more insurance companies are now dishing out Black boxes you install in your car which measures how well you drive. Kind of like big brother if you dont mind. It makes your premiums go down significantly especially if your a yound driver.

    However ever since the gender equality ruling, the insurance companies are laughing their way to the bank and increasing Women's premiums on par with male drivers.
    Trust Profile HEXUS Forum FAQ and Colour coding/Post Count awards

    'The Fox is cunning and relentless, and has got his Fibre Optic Broadband'

  7. #39
    Senior Member
    Join Date
    Jun 2012
    Posts
    2,401
    Thanks
    87
    Thanked
    151 times in 145 posts
    • Willzzz's system
      • Motherboard:
      • Gigabyte
      • CPU:
      • 4670K
      • PSU:
      • FD Newton R3 600W
      • Case:
      • Corsair 350D

    Re: This is interesting....*car insurance*

    Well not how well you drive, but how fast and on what roads and at what times.

    I believe some drivers have policies that only cover them during certain hours or on certain types of roads.
    So no more teenagers racing each other at night unless they want to get busted by their insurance companies.

  8. #40
    HEXUS.social member Agent's Avatar
    Join Date
    Jul 2003
    Location
    Internet
    Posts
    19,185
    Thanks
    739
    Thanked
    1,614 times in 1,050 posts

    Re: This is interesting....*car insurance*

    A friend in the RAF was recently (jokingly) talking about taking one of the boxes with him on a flight. I'd love to see the letter from that.

    Dear Sir

    We recently detected your car travelling above Mach 1. We have reported this matter to the police.
    Quote Originally Posted by Saracen View Post
    And by trying to force me to like small pants, they've alienated me.

  9. Received thanks from:

    Apex (16-11-2012),csgohan4 (14-11-2012),Marcos (26-11-2012)

  10. #41
    The Old Fox csgohan4's Avatar
    Join Date
    May 2012
    Location
    The Fox Hole
    Posts
    1,057
    Thanks
    172
    Thanked
    57 times in 52 posts
    • csgohan4's system
      • Motherboard:
      • MSI Z97 Gaming 9 AC
      • CPU:
      • I7 4770K with Noctua-D15
      • Memory:
      • G SKILL 2400Mhz 8GB
      • Storage:
      • Samsung 840 Evo 500 GB| Seagate 1TB + 1.5TB
      • Graphics card(s):
      • EVGA GTX 780 ACX
      • PSU:
      • Corsair AX 860
      • Case:
      • HAF X with NF-S12B FLX, TY-140, X4 Coolermaster Megaflow 200mm and Demciflex Dust Flters
      • Operating System:
      • Windows 8.1 Pro
      • Monitor(s):
      • LG 24inch LCD W2468L
      • Internet:
      • Sky Fibre Unlimited with Asus DSL N66U

    Re: This is interesting....*car insurance*

    Quote Originally Posted by Agent View Post
    A friend in the RAF was recently (jokingly) talking about taking one of the boxes with him on a flight. I'd love to see the letter from that.

    Dear Sir

    We recently detected your car travelling above Mach 1. We have reported this matter to the police.
    LOL, or maybe they thought he was abducted by UFO's, I would also be interested to know the response by the insurance company
    Trust Profile HEXUS Forum FAQ and Colour coding/Post Count awards

    'The Fox is cunning and relentless, and has got his Fibre Optic Broadband'

  11. #42
    Registered+
    Join Date
    Sep 2012
    Location
    Redditch
    Posts
    85
    Thanks
    0
    Thanked
    2 times in 2 posts
    • ste852's system
      • Motherboard:
      • Asus Prime X570-P
      • CPU:
      • Ryzen 5 3600x
      • Memory:
      • 16GB
      • Storage:
      • 2TB SSD
      • Graphics card(s):
      • MSI 5700XT
      • PSU:
      • Seasonic 750W 80+Platinum
      • Case:
      • Define R4
      • Operating System:
      • Win 10
      • Monitor(s):
      • Iiyama ProLite B2783QSU
      • Internet:
      • MORE SPEED NEEDED!!

    Re: This is interesting....*car insurance*

    Not so much a fan of the black box's but I can understand the appeal, I much prefer dash cam's, at least then you can stand a chance of making some money back but uploading all the idiots you pass on the road to youtube

  12. #43
    Oh Crumbs.... Biscuit's Avatar
    Join Date
    Feb 2007
    Location
    N. Yorkshire
    Posts
    11,193
    Thanks
    1,394
    Thanked
    1,091 times in 833 posts
    • Biscuit's system
      • Motherboard:
      • MSI B450M Mortar
      • CPU:
      • AMD 2700X (Be Quiet! Dark Rock 3)
      • Memory:
      • 16GB Patriot Viper 2 @ 3466MHz
      • Storage:
      • 500GB WD Black
      • Graphics card(s):
      • Sapphire R9 290X Vapor-X
      • PSU:
      • Seasonic Focus Gold 750W
      • Case:
      • Lian Li PC-V359
      • Operating System:
      • Windows 10 x64
      • Internet:
      • BT Infinity 80/20
    Given that it's THE LAW to have insurance if you are driving on public roads, I think the government should have a bit more control over the amounts insurance companies charge. At the very least there should be an independent investigation to see how accurate the statistics insurance companies use actually are.

  13. #44
    The Old Fox csgohan4's Avatar
    Join Date
    May 2012
    Location
    The Fox Hole
    Posts
    1,057
    Thanks
    172
    Thanked
    57 times in 52 posts
    • csgohan4's system
      • Motherboard:
      • MSI Z97 Gaming 9 AC
      • CPU:
      • I7 4770K with Noctua-D15
      • Memory:
      • G SKILL 2400Mhz 8GB
      • Storage:
      • Samsung 840 Evo 500 GB| Seagate 1TB + 1.5TB
      • Graphics card(s):
      • EVGA GTX 780 ACX
      • PSU:
      • Corsair AX 860
      • Case:
      • HAF X with NF-S12B FLX, TY-140, X4 Coolermaster Megaflow 200mm and Demciflex Dust Flters
      • Operating System:
      • Windows 8.1 Pro
      • Monitor(s):
      • LG 24inch LCD W2468L
      • Internet:
      • Sky Fibre Unlimited with Asus DSL N66U

    Re: This is interesting....*car insurance*

    Quote Originally Posted by Biscuit View Post
    Given that it's THE LAW to have insurance if you are driving on public roads, I think the government should have a bit more control over the amounts insurance companies charge. At the very least there should be an independent investigation to see how accurate the statistics insurance companies use actually are.
    Well look at the Gas companies, they clearly can't do it themselves, the same with car insurance companies where's the regulation
    Trust Profile HEXUS Forum FAQ and Colour coding/Post Count awards

    'The Fox is cunning and relentless, and has got his Fibre Optic Broadband'

  14. #45
    The Old Fox csgohan4's Avatar
    Join Date
    May 2012
    Location
    The Fox Hole
    Posts
    1,057
    Thanks
    172
    Thanked
    57 times in 52 posts
    • csgohan4's system
      • Motherboard:
      • MSI Z97 Gaming 9 AC
      • CPU:
      • I7 4770K with Noctua-D15
      • Memory:
      • G SKILL 2400Mhz 8GB
      • Storage:
      • Samsung 840 Evo 500 GB| Seagate 1TB + 1.5TB
      • Graphics card(s):
      • EVGA GTX 780 ACX
      • PSU:
      • Corsair AX 860
      • Case:
      • HAF X with NF-S12B FLX, TY-140, X4 Coolermaster Megaflow 200mm and Demciflex Dust Flters
      • Operating System:
      • Windows 8.1 Pro
      • Monitor(s):
      • LG 24inch LCD W2468L
      • Internet:
      • Sky Fibre Unlimited with Asus DSL N66U

    Re: This is interesting....*car insurance*

    Quote Originally Posted by Biscuit View Post
    Especially Manchester :-(
    That is so stupid, statistically I may have an accident because I live in a so called dodgey area. No matter your NCB it doesn't mean squat, we're just a number to them, no loyalty no individuality.
    Trust Profile HEXUS Forum FAQ and Colour coding/Post Count awards

    'The Fox is cunning and relentless, and has got his Fibre Optic Broadband'

  15. #46
    Senior Member
    Join Date
    Jun 2012
    Posts
    2,401
    Thanks
    87
    Thanked
    151 times in 145 posts
    • Willzzz's system
      • Motherboard:
      • Gigabyte
      • CPU:
      • 4670K
      • PSU:
      • FD Newton R3 600W
      • Case:
      • Corsair 350D

    Re: This is interesting....*car insurance*

    I mean the point of the black boxes is to lower premiums for young drivers.

    They can pay £2000 for normal insurance or they can take a black box, promise to drive only during the day and stick to speed limits and by doing say they get massively reduced premiums.

    That's how it works isn't it?

  16. #47
    Not a good person scaryjim's Avatar
    Join Date
    Jan 2009
    Location
    Gateshead
    Posts
    15,196
    Thanks
    1,231
    Thanked
    2,291 times in 1,874 posts
    • scaryjim's system
      • Motherboard:
      • Dell Inspiron
      • CPU:
      • Core i5 8250U
      • Memory:
      • 2x 4GB DDR4 2666
      • Storage:
      • 128GB M.2 SSD + 1TB HDD
      • Graphics card(s):
      • Radeon R5 230
      • PSU:
      • Battery/Dell brick
      • Case:
      • Dell Inspiron 5570
      • Operating System:
      • Windows 10
      • Monitor(s):
      • 15" 1080p laptop panel

    Re: This is interesting....*car insurance*

    Quote Originally Posted by Biscuit View Post
    At the very least there should be an independent investigation to see how accurate the statistics insurance companies use actually are.
    Nigh on impossible, because they use all sorts of heuristics. It's not a straight "we're likely to pay out this much in claims, we have this many policies, so the premium is this". And besides, it's statistics, so it's inherently inaccurate - that's the whole point of statistics (they're a generalisation from the accurate, and therefore utterly inapplicable to real world situations). Insurance is pretty much a con once you look at the figures - if it wasn't companies couldn't make money out of it. Laws forcing you to buy services from private companies are pretty shocking, tbh. There should be some provision to buy minimal insurance from the government or a not for profit if you're going to force people to have it.

  17. #48
    Oh Crumbs.... Biscuit's Avatar
    Join Date
    Feb 2007
    Location
    N. Yorkshire
    Posts
    11,193
    Thanks
    1,394
    Thanked
    1,091 times in 833 posts
    • Biscuit's system
      • Motherboard:
      • MSI B450M Mortar
      • CPU:
      • AMD 2700X (Be Quiet! Dark Rock 3)
      • Memory:
      • 16GB Patriot Viper 2 @ 3466MHz
      • Storage:
      • 500GB WD Black
      • Graphics card(s):
      • Sapphire R9 290X Vapor-X
      • PSU:
      • Seasonic Focus Gold 750W
      • Case:
      • Lian Li PC-V359
      • Operating System:
      • Windows 10 x64
      • Internet:
      • BT Infinity 80/20

    Re: This is interesting....*car insurance*

    Quote Originally Posted by scaryjim View Post
    Nigh on impossible, because they use all sorts of heuristics. It's not a straight "we're likely to pay out this much in claims, we have this many policies, so the premium is this". And besides, it's statistics, so it's inherently inaccurate - that's the whole point of statistics (they're a generalisation from the accurate, and therefore utterly inapplicable to real world situations). Insurance is pretty much a con once you look at the figures - if it wasn't companies couldn't make money out of it.
    Whilst that makes sense, i definitely think there would still be room to make money and make people feel more comfortable about it with some transparency.


    Quote Originally Posted by scaryjim View Post
    Laws forcing you to buy services from private companies are pretty shocking, tbh. There should be some provision to buy minimal insurance from the government or a not for profit if you're going to force people to have it.
    Exactly, the more i think about it the more it annoys me. It seems as if they go largely unregulated and can do whatever they want too

Page 3 of 6 FirstFirst 123456 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •