T.R | Title | User | Personal Name | Date | Lines |
---|
1335.1 | | VOGON::ATWAL | Don't dream it, be it | Thu Jan 10 1991 12:24 | 22 |
| have you tried to get a quote from Swinton?
they seem to be pretty good for cars such as these and ages such as yours
failing that, get a copy of 'Car' (i'm not a shareholder honest :-) and try
some of the 'hi-performance' insurance companies that advertise their wares
there.
i'd be amazed if you manage to wangle any ncb for being a good boy on daddies
>>insurance.? Is there a way I can prove I've not caused an accident in over
>>3 years and subseqently receive the NCD ? Any insurance
most companies won't want to insure you anyway because you're under 25 (for
these cars)
and the ones that will cover you will want you to have a clean driving history
btw, how much to insure the cossie??
...art
|
1335.2 | NCD | EDSAC::MARSHALL | The moon on the Thames.... | Thu Jan 10 1991 12:26 | 18 |
| You will not get a NCB-type discount under any circumstances. You were driving
under your dad's policy, with a NCD in his name. Any accident you had would
have affected his insurance not yours. So logically any benefits go to him
and not you.
The only way your clean licence will benefit you is that you won't get charged
any *extra* for being a bad driver.
Considered a sex change? Women get cheaper insurance than men. The premium
is also cheaper if you're married.
I'm afraid you have few options: either drive a lower-risk car (eg 1973 Mini
850 ;-) until you've built up enough NCD to afford to insure your dream car,
like the rest of us mere mortals have to, or cough up the cash.
Or you could always go "on the scheme" and get a lease-mobile...
Scott
|
1335.3 | The Co-op? | SPAWN::BRIGHT | Coffee Darling? Ah, Capuccino... | Thu Jan 10 1991 12:35 | 7 |
|
You could also try the Co-op. I was amazed to find that my neighbour
who was about 23 and five (ahem) years younger than myself was paying
half my premium for a group higher car (just after I'd renewed). I
don't have their number, but they're doubtless in the book.
Steve.
|
1335.4 | | OVAL::SAXBYM | Contentious?Moi?Rides again! | Thu Jan 10 1991 12:44 | 13 |
|
I used to be insured with the Co-op, but they don't like high group
cars much!.
Considering your situation the quotes you have received don't seem to
bad. Try some specialist insurers, but basically you are an extremely
bad risk yo insurers (just the type some insurers brag that they don't
insure), so if you can get insurance you'll have to pay.
Some insurers give a discount for IAM/ROSPA type additional training,
so perhaps that might be worth taking.
Mark
|
1335.5 | More questions... | BARMY::PETER | | Thu Jan 10 1991 13:27 | 30 |
| Thanks for the comments so far...
Art, the Cossie was the one that cost 3K... And an RS Turbo, you know,
the Escort, Bennetts have put into Group 9 (less than a 325i and the
16V Astra) because young people like to drive them... It's cruel...
Do people think it's wise/safe to continue being a named driver on
someone else's insurance ? If I were to have an accident is it
likely that the Insurance Company would get upset and not pay ?
Scott, I think a sex change is a just little drastic... But, none
the less, worth keeping in mind. :-)
I'd love a lease/copmpany car, worth it's weight and all that but
unfortunately I don't work for Digital... This is another of the
reasons I want an expensive car -- it's good for the tax.
I've written to the Co-op (aka CIC ?) and am awaiting a reply. I'll
let you know what thay say.
The companies the brag about how much they like young high risk
drivers with three years driving ban also like your money... I've
found even more so than the well established types that seem more
"reasonable" in all areas.
Do any garages still offer "free insurance" or has that craze finished
now, or is it only for new cars ?
Thanks, Peter.
|
1335.6 | | VOGON::ATWAL | Don't dream it, be it | Thu Jan 10 1991 13:39 | 26 |
1335.7 | | SIEVAX::LAW | Mathew Law, SIE (Reading, UK) | Thu Jan 10 1991 13:47 | 28 |
|
>Do people think it's wise/safe to continue being a named driver on
>someone else's insurance ? If I were to have an accident is it
>likely that the Insurance Company would get upset and not pay ?
No, it's not particularly wise. Assuming that you are the main driver
in your car, then technically you are probably not insured under your
dad's policy. This of course means that you are committing an offence.
Although I'm sure that many people get away with this, insurance
companies have a habit of becoming very suspicious at the slightest
opportunity. I have a friend who works for the Norwich Union motor
insurance section. You should see the smile of glee on his face when
he tells me about people who have been caught out in this way! It's
not a very nice sight... :-)
The sooner you get insured, the sooner you'll get your NCD. Just tell
yourself that you really enjoy paying 10% of your salary out, never to
see it again. (Well, you should *hope* that you never have to see it
again... having an accident isn't the best way to get your money back!)
Mat.
*:o)
PS I agree with the earlier comments about starting off with an
easy-to-insure car. Want to buy a Beetle off me?
|
1335.8 | Watch out for hidden extras! | VOGON::MITCHELLE | Beware of the green meanie | Thu Jan 10 1991 14:41 | 11 |
1335.9 | MY ADVISE !!.. | KERNEL::NICHOLLSC | | Thu Jan 10 1991 15:01 | 25 |
|
I think you'll find most people reading this conference will have
had some kind of small (low insurance group) car to start off with...
Its always the best way...build up on your NO CLAIMS BONUS. Most
insurance companies offer 30% no claims bonus after your first year.
Wouldn't it be worth it to wait until your at least 21 years old
and have some no claims behind you..Your going to have to do it
some day.!!! SO why not start now....?
Actually, I'm really surprised that you even got a quote for some
of those cars. A lot of insurance companies wouldn't even consider
you...
I used to work for a car rental firm and drove all the
BMW's, FORD's, FERRARI's, PORSCHE's, MERC's and the best out of
all of those (exluding porsche's and ferrari's) was the cossie and
the merc 560sec...but obviously the cossie was a lot cheaper than
the merc...
CRAIG..
|
1335.10 | No Claim Bonus? Get a couple of 'em | HEART::DIDCOCK | | Thu Jan 10 1991 15:40 | 23 |
|
My advise is similar to -1. In fact you can take it a step
further and make a case that anyone with a high group car (and a NCB)
should buy a 750 cc wreck, insure it 3rd party, and leave it in your
garden. Should you be unlucky enough to have claim, switch the NCB
from the wreck to your newly repaired mega-car.
My insurance broker couldn't find a reason why this wouldn't work,
but the insurance companies will probably find some small print
somewhere. I don't know why people make jokes about
used-car-salesman; insurance companies seem the sharks of the motor
trade to me.
Anyway, the only useful thing to the youthful prospective 325i
owner (do I note a hint of jealously in some of these replies?),
assuming you decide not to insure in your own name, is to get some
form of cheap insurance policy started asap. In a couple of years,
once the hair starts receeding (or greying), and the eye-sight and
reactions start going, you'll become a nice insurable member of
society.
Cliff (who must be old as it's years since I moaned about an
insurance premium)
|
1335.11 | | CHEFS::CLEMENTSD | Public Sector and Telecomms | Thu Jan 10 1991 15:40 | 6 |
| Try Halfords (address posted elsewhere) as they give DEC employees 30%
discount. Don't know what their policy is on high risk areas though.
I'm glad being over 40 has ONE benefit ..........
|
1335.12 | | VOGON::ATWAL | Don't dream it, be it | Thu Jan 10 1991 16:00 | 11 |
| >> Try Halfords (address posted elsewhere) as they give DEC employees 30%
>> discount. Don't know what their policy is on high risk areas though.
halfords don't cover cars like this; just average family runabouts.
guess you'll have to swallow hard and stump up a lot of money to drive the car
of your dreams :-(
...art
|
1335.13 | Oh well, back to the dreams... | BARMY::PETER | | Thu Jan 10 1991 16:16 | 15 |
| Ok, I think the idea of insuring a Fiesta (or somesuch) and
waiting for a year is a good one. It's just not much fun...
Just a thought, if I insure two (or more) nasties, after the
year's up, can I add the NCDs together ? Didn't think so :-(
I am a contractor, but I don't own my own company, I'm
self-employed (Schedule D) but fear not, I never mentioned this...
I think I might keep the XR for another year on my Dad's insurance.
It's a shame really, seing as this end of the second hand car market
is in such a state... I mean, there's real bargains to be had...
Thanks for your comments, Peter.
|
1335.14 | Is the XR3i YOURS ? | 42326::NICHOLLSC | | Thu Jan 10 1991 18:44 | 22 |
|
PETER....
You say your going to carry on being insured on your dad's insurance
Is the XR3i your own car or your dad's ?
Because, if your thinking of spending 1/3 grand on insurance for a
more prestige car...Use that money to get your own insurance and
get off your dad's. The years your on your dad's insurance are just
going to be wasted..
We all have our dreams...I have had a mk1 cavalier (after that I
got 30% no claims), mk2 cavalier 1600SR (another 10%) and now I
have got 40% to use for my next car, plus you get older and that
helps.....
craig..
|
1335.15 | | BARMY::PETER | | Thu Jan 10 1991 19:52 | 16 |
1335.16 | Be positive, buy a Proton | SPAWN::BRIGHT | Coffee Darling? Ah, Capuccino... | Thu Jan 10 1991 19:59 | 8 |
1335.17 | Insurers are onto a Good Thing | SIEVAX::LAW | Mathew Law, SIE (Reading, UK) | Thu Jan 10 1991 20:31 | 11 |
|
>Thinking about it, I spect the fine for having no insurance would
>be less :-) (Not that I'd consider having no insurance...)
You're probably right about the fine. Just try to get someone to
insure you afterwards though... might find it a little
tricky/expensive!
Mat.
*:o)
|
1335.18 | Don't do it | CHEST::WATSON | Back to mono | Fri Jan 11 1991 11:29 | 15 |
| Not driving without insurance is considered by the police to be just
about the most dangerous thing you can do.
The fine is astronomical and you can get banned for a long time / many
points for this. This applies even if you were driving a 900cc Fiesta.
There is a very good reason for this...
If you were to knock over and permanently disable (or God forbid kill) a
young child then you would be PERSONNALY liable for the costs. This could
the 100,000s of pounds. Of course you couldn't pay (otherwise you wouldn'd
be moaning about the cost of insurance :-). So the poor child would
have to go without damages - Not very nice.
Rik
|
1335.19 | | RUTILE::BISHOP | | Fri Jan 11 1991 12:10 | 17 |
| Craig,
The one and only REAL choice you have is to get off you Dad's insurance
and start building up that NCB.
I started my own insurance when i was 17, and now i'm 20 with 3 year
NCB... it really helps! The insurers seem to think a lot more of a
``youngster'' with No claims bonuses... although the prices still seem
WAY too high to me ;-)
The Co-op have in my experience been the cheapest and most helpful
company i have used.
So get your own policy started... the sooner the better...
Lewis.
|
1335.20 | Protecting you NCD | KERNEL::BAYLISD | | Fri Jan 11 1991 12:35 | 15 |
| Whilst on the subject of insurance...
As .19 suggested, I got off my 'old mans' insurance when I was 18.
Consequently i'm now 22 and have 4 years NCD, ( 60% ). Now that
i've finally reached this stage I want to protect it, ie, pay a
little more so that should I have an accident I don't lose any of
my NCD. This protection normally allows for up to 3 accidents in
5 years. However, my current insurance company have recently passed
the wonderful rule of having to be over 25 to protect your NCD.
Anybody out there know of an insurance company that lets you protect
your hard earned NCD when you're a youngster of 22 ?
Dave.
|
1335.21 | Your caring sharing Co-op | MASALA::GAITKENHEAD | Only Meeeeeeee!!!!!! | Fri Jan 11 1991 12:56 | 6 |
| Re.-1
Yes, the Co-op. I have maximum NCB and have protected it for a small
extra fee, I am 22.
Geo.
|
1335.22 | Buy a Bike | UNTADA::LEWIS | It's a Racing Snail... | Fri Jan 11 1991 12:59 | 19 |
1335.23 | oh dear | UNTADA::LEWIS | It's a Racing Snail... | Fri Jan 11 1991 13:03 | 2 |
| re .22
Sorry, I meant Peter, not Craig - I haven't woken up yet this year...
|
1335.24 | | OVAL::SAXBYM | Contentious?Moi?Rides again! | Fri Jan 11 1991 13:12 | 7 |
|
You could try Adrian S.Flux.
Some say they aren't the cheapest, but in my experience, they try to
be.
Mark
|
1335.25 | As written somewhere before.... | VOGON::MITCHELLE | Beware of the green meanie | Fri Jan 11 1991 14:14 | 12 |
|
re .24 We use Adrian S Flux for both our cars (one Kit Car, and one
Modified Vehicle) they are very helpful, seem to know what they are
talking about, and when we had to claim for the fire in the 23, they
did their best to speed things up, and we had the cheque in our
posession within a few days of submitting our final claim.
If you want their number, it's in another note somewhere, or I've
probably got it with me somewhere if you want me to have a look!
Elaine
|
1335.26 | | SUBURB::PARKER | GOTTAJOB - regrettably outside DEC | Fri Jan 11 1991 16:57 | 5 |
| If you are into accepting some of the risk yourself, you could probably
reduce the premium quite a lot by accepting some kind of monstrous
excess. Ask the brokers - or maybe you already have.
Steve
|
1335.27 | Another option. | JUNO::WOOD | Scalpel, scissors, replace head ....... | Tue Jan 15 1991 18:56 | 15 |
|
Have you tried David Auden & Associates 061-483 3241. I hav my insurance with
them and they know what they are on about. And they were the cheapest I could
find about 1 1/2 years ago for a modified MK2 Escort aged 19 with 1 years
no-claims.
I was amazed at how much difference it makes when you are 21 as opposed to less
as unfortunately I am going to have to insure the Sprint about a month before
my 21st and it will be around 80 quid more (well for a years it will, but I
am changing in the middle, so it is actually less, but minor points).
Alan
~~~~~~
|
1335.28 | an alternative ... | RUTILE::COX | Yes, I did this by choice | Wed Jan 30 1991 17:46 | 8 |
|
Have you tried Endsleigh ? They do 'cheap' insurance for students & Joe
public up to the age of 26 ish. Both the times I bought motorbike insurance,
and the once that I bought contents insurance for my flat from them, were
cheaper than the CO-OP ( the next cheapest alternative in all cases ).
FWIW
Nik.
|
1335.29 | Endsleigh - don't mention them.... ;-} | XNOGOV::HELEN | | Thu Jan 31 1991 19:20 | 9 |
| It depends somewhat on the circumstances...
I had a renewal note through on a MG metro (E reg) for qpprox 800.
Admittedly I had one claim for 600 in the previous year which happened
to be my first.
I ended up shopping round and got a much better quote from Bennetts.
Helen.
|
1335.30 | You only live once... | BARMY::PETER | | Fri Feb 01 1991 16:52 | 17 |
1335.31 | | SUBURB::THOMASH | The Devon Dumpling | Fri Feb 01 1991 17:17 | 6 |
|
2.5K insurance.......now I know why the lease scheme is so expensive!
Heather
|
1335.32 | You could get 'into trouble' much quicker than with an XR3i | CHEST::RUTTER | Rut the Nut | Fri Feb 01 1991 17:22 | 7 |
| You must have much more money than sense.
You only live once - but don't pay for it all rightaway.
J.R.
PS - If you do get one of the cars you mentioned, take care !
|
1335.33 | | VOGON::ATWAL | Don't dream it, be it | Fri Feb 01 1991 17:25 | 12 |
| >>Comp for the Cossy is 2.5k. 2k for a Nissan 200SX or 1.9 for
it really amazes me that the pug 1.9 costs SO much to insure surely it's not
THAT fast - maybe they're the sort of cars run by accident prone drivers?!
parts for them can't be in such short supply/fantastically expensive - or are
they?
the Cossie is leagues above the pug performance wise, yet it's cheaper to insure
the Cossie (for me) than the GTI
...art
|
1335.34 | | NSDC::SIMPSON | The Clot Thickens... | Fri Feb 01 1991 17:54 | 6 |
1335.35 | | UKCSSE::RDAVIES | I can't tryp for nots | Fri Feb 01 1991 19:24 | 12 |
| >> <<< Note 1335.30 by BARMY::PETER >>>
>> -< You only live once... >-
>>Comp for the Cossy is 2.5k.
>>I'm gonna bite the bullett and go for it while I can still afford
to...
node::username says it all!
Richard :-)
|
1335.36 | | BARMY::PETER | | Fri Feb 01 1991 19:51 | 10 |
1335.37 | Good old lease scheme | WARNUT::HARRISC | Not very nice at all | Sat Feb 02 1991 12:29 | 7 |
| Re .33
Don't be amazed....1,900 pounds for a Pug 1.9 for me would be cheap!!
I was quoted 2,500, or 3,000 with installments by Swinton, I didn't have
the nerve to ask about a cossy 8-)
..Craig (who is 20, single(ish) and handsome)
|
1335.39 | Derek 'The Scud' Mitchell? | OVAL::SAXBYM | Let's get personal | Mon Feb 04 1991 13:34 | 3 |
| Get them Patriots up you BM drivers! :^)
Mark
|
1335.41 | The square root of the tyre profile times... | OVAL::SAXBYM | Let's get personal | Mon Feb 04 1991 13:50 | 10 |
|
re .40
You just can't talk to some people.
Now back to writing the service interval program for a BMW...
Service_interval = RND(X).
Mark :^)
|
1335.42 | Insurance groups and foreign cars | CHEST::BURRELL | Live long/prosper-live short/enjoy | Mon Feb 04 1991 19:40 | 13 |
|
On the question of insurance..
Given that a large % of the cars on the roads of Britain (or sliding off
in this weather) are foreign, how do the insurance companies get away
with automatically upping the insurance group by one if the car's
'foreign'?
My mum's just cough up for a new Nissan Micra after getting rid of
the Fieta and was not chuffed when she found this out.
Paul.
|
1335.43 | Too rigidly applied? | OVAL::SAXBYM | Let's get personal | Mon Feb 04 1991 19:49 | 7 |
|
It's supposedly to do with the greater cost of parts for foreign cars.
An example of how silly it can get is that my Vauxhall Cavalier Coupe
was a group lower than the identical car with an Opel badge!
Mark
|
1335.44 | | CHEST::RUTTER | Rut the Nut | Tue Feb 05 1991 12:54 | 9 |
1335.45 | No claims bonuses? | BOOKIE::DAVEY | | Sat Mar 02 1991 00:36 | 10 |
| I'll be returning to the UK later this year, after some time in Massachusetts
(home of some of the world's worst drivers). I've been in contact with my
former UK insurance brokers who tell me that I will be able to continue my
three years/50% no claims bonus from two and a bit years ago (though only
a few companies offer this, they add).
What are the current NCB rates? I know 3 years is 50%. What is 4 years (65%?),
and is full no-claims bonus 4 or 5 years?
John
|
1335.46 | | CHEFS::CLEMENTSD | Public Sector and Telecomms | Mon Mar 04 1991 11:36 | 2 |
| 4/5 years seems to both be 60%, with some companies offering either 65%
the following year or two years protected bonus if you stay at 60%.
|
1335.47 | Cross-over in notes topics, but here you are | PERKY::RUTTER | Rut The Nut | Wed Mar 04 1992 19:17 | 11 |
| Re 1538.137
>> what they base the insurance cost on.
>> Maybe I mistakenly typed FERRARI instead of FRONTERA on the quote form.
Since the AA sent me some 'junk mail' asking me to get a quote from them,
I filled in the details for a Ferrari 308GT4, 1977 model, 15K value.
The reply came back - 860 pounds (full ncb). Not too bad, is it ?
J.R.
|
1335.48 | | VIVIAN::MILTON | Invisible person it seems! | Thu Mar 05 1992 15:53 | 3 |
| My 1978 model cost about that with just 3yr NCB from Norwich Union.
Tony.
|