Insurance Revisited
Posted By : Michael Davis, 08-Jan-2004, 07:34pm
I guess a huff is cheaper to insure than a Dolomite then? 
Insurance is a nightmare. Particularly if you are a "young driver" although quite what that means seems to vary depending what day of the week you ring up.
I recently rang a company for an insurance quote on a vehicle I was thinking of buying. Was asked lots of (relevant) questions about modifications etc and then got a price. A week or so later, I rang up again about a different (but same specification) vehicle having not bought the first one. Didn't get asked any questions but the quote came out exactly the same.
Sometimes I think that the companies just invent a figure at random and see if you'll accept it.
and an &163;800 premium to insure a Dolomite? Without wishing to insult the Dolomite, a reasonable (not sprint) car can't be worth much more than that surely? As you said, supposedly you pay a small premium each year to cover your larger risk. If the premium is going to be almost the same as the value of the car, it kind of defeats the point.
Mik
Insurance is a nightmare. Particularly if you are a "young driver" although quite what that means seems to vary depending what day of the week you ring up.
I recently rang a company for an insurance quote on a vehicle I was thinking of buying. Was asked lots of (relevant) questions about modifications etc and then got a price. A week or so later, I rang up again about a different (but same specification) vehicle having not bought the first one. Didn't get asked any questions but the quote came out exactly the same.
Sometimes I think that the companies just invent a figure at random and see if you'll accept it.
and an &163;800 premium to insure a Dolomite? Without wishing to insult the Dolomite, a reasonable (not sprint) car can't be worth much more than that surely? As you said, supposedly you pay a small premium each year to cover your larger risk. If the premium is going to be almost the same as the value of the car, it kind of defeats the point.
Mik
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Insurance Revisited
Posted By : Graham Reeks, 09-Jan-2004, 09:55am
James,
I had exactly the same situation when i joint purchased the 2000. However, Peter Best don't do any sort of second car on a policy, i was told. Before i was 25 they were a fraction (in fact about "one twoth") of FJs price so I had gone with them.
I worked out that once i was 25 the price with FJ for the 2000 would be pittance, and I could add my GT6 (which cost 10 times as much!) for &163;30 (approximately one fifth of one new pittance). Thus i waited the month or so until i was a quarter of a century old and did the switcharoo.
It's worth bearing in mind that when you get a refund for the unused months of insurance they can take into account the mileage that you've done ... but they're hardly going to come round and check it are they?
So ... increase your refund by lying through your
teeth. Well they deserve it!
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Insurance Revisited
Posted By : James Carruthers, 09-Jan-2004, 12:24pm
Graham,
On my policy they take the number of months youve had in to account, not the mileage.
So I've been with them for 4 months - and they're only going to give me back 35%...
So... when they should really give me back about 300 quid - they'll only give me back 160...
How do they figure they will only give me back that much? Madness... madness...
Anyway - the insurance is all figured out now... I've worked out a way to get around my dilemma... Just got to phone up a few companies to check it's all going to work out...
James-
Insurance Revisited
Posted By : David Balfour, 09-Jan-2004, 12:36pm
James,
Now that's a cliff-hanger if there ever was one!
I'm sure you'll be getting a call from the 'Neighbours' script writers some time soon!
David-
Insurance Revisited
Posted By : James Carruthers, 09-Jan-2004, 12:44pm
David,
Just need to phone up some people now, I might tell you all later...
Duh--duh---duh-duh-duh-duh... (Eastenders...)
James-
Insurance Revisited
Posted By : Peter Boltryk, 09-Jan-2004, 05:27pm
hi James,
Thought I'd mention what i did in the summer. It seems with FJ it's worth using some gentle persuasion. My renewal came through for about &163;450 for my GT6. I thought that this was a bit steep seeing that i'm (just) over the 25 mark, and they had reduced the miles because the 6000 miles is unavailable, i think. Anyway, phoned Peter Best and they quoted slightly over &163;110 for 6000 miles. I wanted to stay with the FJ policy really, so I phoned them up and asked whether they wanted to match the PB quote. After a short pause they said yes, I got _unlimited_ miles and for a couple of quid cheaper than the Peter Best. So go figure. IIRC, the premium is a quarter of what they originally quoted on the renewal form, and for more miles.... Get some quotes from other sources and then go back to FJ and ask them whether they actually want your business.
Peter-
Insurance Revisited
Posted By : Colin Wake, 11-Jan-2004, 09:23pm
That is absolutely criminal! If they hadn't been so greedy you would probably have renewed without any investigation elsewhere.
On a couple of occassions FJ have lost my business for a year so I can get a much better quote when I return.
Colin
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