How to lower you insurance premium

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KISSMYAURA said:
do you know I was just going to ask you how is the injection system! LOL
I have restored a few TR6 in my time, great cars.
We used to put the straght 6 form a TC2000 or a dolomite 1850 engine whatver we could get our hands on spits / heralds for fun,
With the tr6 we used to pop in a Bosch fuel pump, as a matter of course, the lucas one is ok but just prone to BBQ'ing you in the car.
Oh the joys of pressure loss on triumph injection systems, they were ahead of their time....
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also had a few triumphs, adored my vittese and herald, my brothers also use to have dolomites, saloon tc , sprint

for our sins we bought a Pi what a pig that was, great motors though

always wanted a TR6 but then simply couldnt afford one

may i ask where abouts in kent are u plse
 
I'm 30 soon, wife's 27

Disco td5 and bmw 118d coupe, parked on unsecured residential car park

I'm main driver on disco and wife's main on bmw, both of us named on either car

Got the disco on 10k a year bmw on 5k

Seperate breakdown policy for the disco so we get a multicar discount and multi policy discount with Aviva

Pay about £750 for disco and £450 for bmw so not too bad I feel.

I've got an at fault claim from July '16, rolled my vectra. No need to thank me it was a pleasure :D

Edit- the breakdown policy is underwritten(?) On the disco but I can use it on either car rather than just having breakdown cover on the discos policy. Also the multi policy discount was 20% iirc
 
meant to also ask u guys ref breakdown cover plse

as i’ve been seeing reports around ref weight limits, where some breakdown companies have set limits to 2,500kg

don’t know if it’s true or not, if it is i’m out of luck , think mine weighs around 2.7- 2.8kg

my breakdown cover was included as part of my premium

just wondered if u guys have also heard that plse regarding weight restrictions

thks as always
 
I havent heard of that @gstuart But it wouldn't surprise me!

Surely if they've covered your vehicle they're saying they can recover it if needed. I'd definitely check your small print or phone and ask though
 
1988smithy said:
I havent heard of that @gstuart But it wouldn't surprise me!

Surely if they've covered your vehicle they're saying they can recover it if needed. I'd definitely check your small print or phone and ask though
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i also dare i say the word “ assume “ that, if they’ve offered u breakdown cover, after all they know what vehicle you’ve got

know i would be spitting rivets if they turned up and said, sorry mate can’t recover u as ur over the weight limit, as surely they are obliged by agreeing to cover u when the breakdown cover was signed

indeed, will be tracking down the book they send as part of the big envelope containing all the ins documents etc and having a read
 
gstuart said:
also had a few triumphs, adored my vittese and herald, my brothers also use to have dolomites, saloon tc , sprint

for our sins we bought a Pi what a pig that was, great motors though

always wanted a TR6 but then simply couldnt afford one

may i ask where abouts in kent are u plse
Click to expand...
 
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Bobsticle said:
I cant get car insurance with my post code so I just dont bother.
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Not M40 are you Bob or M8 M9. Swinton Insurance when I had mine a few years back quoted over a Grand for being surrounded by these even though previously they had me insured for around 500 to 600 with LPG mod on a 3.5V8 1988 110 LPG. Lets just say I went elsewhere after that.
 
saxavordian said:
Not M40 are you Bob or M8 M9. Swinton Insurance when I had mine a few years back quoted over a Grand for being surrounded by these even though previously they had me insured for around 500 to 600 with LPG mod on a 3.5V8 1988 110 LPG. Lets just say I went elsewhere after that.
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Naw. I’m just takin the pizz. AF wouldn’t quote me on historic coz of mi post code. Not had any probs for 30 years with anyone else. Including £130 with Lancaster at the mo.
 
Out of interest,
what would be the ideal job description? I suppose insurers are after a secure, well paying job? or are they using your job to judge the person you are and how you might drive?
for example a professor in astrophysics would pay less than a trainee retail assistant?

Callum
 
C.McGrory said:
Out of interest,
what would be the ideal job description? I suppose insurers are after a secure, well paying job? or are they using your job to judge the person you are and how you might drive?
for example a professor in astrophysics would pay less than a trainee retail assistant?

Callum
Click to expand...

I'd have thought it'd be 'Head of Setting Insurance Premiums' surely?
 
C.McGrory said:
Out of interest,
what would be the ideal job description? I suppose insurers are after a secure, well paying job? or are they using your job to judge the person you are and how you might drive?
for example a professor in astrophysics would pay less than a trainee retail assistant?

Callum
Click to expand...
Magistrate / Lawyer / Police / Judge / Legal / Surgeon / Dr / Vet / etc

its more about the level of responsibility / trust bestowed upon the employee etc
 
C.McGrory said:
Out of interest,
what would be the ideal job description? I suppose insurers are after a secure, well paying job? or are they using your job to judge the person you are and how you might drive?
for example a professor in astrophysics would pay less than a trainee retail assistant?

Callum
Click to expand...
oddly teachers are high risk, risk of damage by students maybe!
 
C.McGrory said:
wouldn't have expected that! time of day they drive i'd expect,
I'm in engineering manufacture so probably middle of the road i'd expect.
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I ment ot say higher not necessarily high, its based on year upon years of claims etc
Maybe students smash their cars, maybe they so stressed they not paying attention, maybe the 13 or so weeks of they have off as leave means theya re on the road more than those who do an average 9-5 or a combination of all
 
Risk Weighting Factors

The bet is what will the proposer cost the insurer money over 2 months ????

So if you were a betting person weigh up the following

1) Age
2) How long held full uk DL
3) Employment status ( unemployed pr P/T is bad, means you have more time to drive around and crash!)
4) What your job is (level mgr/senior) Type of industry (law,finance banking rate as low)
4) Points history
5) Home owner or not
6) Off road Parking located on premise ( lock-up or remote garage no good)
7) Garage adjoins house is best
8) vehicle security (FF alarm or tracking system is best) any after market alarm is bad unless Thatcham approved and certificated.
9) No of cars you have access to (higher the better)
10) No of cars in your household ( higher the better) sales lead for them so they keep price low to attract your business.
11) Any ins due soon, must be within 30 days (other car/home etc) sales lead again as above
12) 2nd named driver (premium is lower with a 2nd named driver providing they are female and of a similar age to you)
13) 2nd driver points history
14) selecting protected no claims
15) Your claims history (on ALL insurance you have held over last 10 yrs inc home and holiday etc
16) Paying in full and not on D/D
17) Use private sale from parkers or similar for value ( if you over value they want to know why, most people do this if they have spent lots on mods, then dont the the insurer bout the mods and expect to get paid out when it goes wrong!) Approved valuations are the exception of course, but then come with a full list of mods etc.
18) Increasing standard excess by a tad.
19) Exact post code (postal district has a set weighting, but your actual road and locality post code last three digits is weighted against local vehicle crime stats
20) Basic repair cost of fender bender repair ( bumper or new wing etc)
21) Here is the biggy, what kind of damage are you likely to cause in a simple fender bender, we have all heard the "other car is my crumple zone thing!" for defender.

Insurers expect apathy, thats why your premium rises in an odd way after a few renewals, keep hopping around. Just carrying out a few comparison site searches with your vehicle places brokers on notice your a prudent investor in their product so are less likely to take the ****.
Any quote outside 30 days to renewal is worthless as they wont really try to tempt you.
Ever found a quote from a comparison site cheaper than you pay now with the same insurer you are with, its common because the bet is that a percentile of customers will just renew and pay, so they ramp it up a bit.
The economy of scale is such they still make money!

hope it helps!
 
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goonarmy said: ↑
Point 8, so is no alarm better than a non approved alarm?



Purely from an insurers risk point of view, yes!

They figure if its not a certificated 'proper job' then its likely to have been done by 'Johnny Crimpset' and the 'Happy shopper garage", so more likely to have an electrical fault= fire= they have to payout.

You will know the ones that load risk in this way with as they will ask as follows, and if answered as below they will apportion greater risk.

1) Alarm or immobiliser? (Y)
2) Factory fit or after market? (AM)
3) Thatcham approved & Installed by Thatcham certificated installer? (NO)

The risk weighting applied varies but guidance is normally issued by the parent company for variation to risk throughout the year, most insurers are just brand names, a fake front end if you like, but thats where the difference in price and customer service comes in of course.

Insurance is a murky business and after all and of course no surprise, its all about a pound note, specifically reliving you of of yours and lining their shareholders pockets!

Of course from your point of view and a pure security point of view the more security devices the better etc, but remember this exercise is not about you, its about you convincing them you will not cost them money!
 
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