11 replies to this topic

[Grimson2452]

Found this on money saving expert.... gives some nice tips on how to lower insurance premiums
http://www.moneysavi...p-car-insurance ...... going to be giving it a try in the morning so ill let you know if it works

[maggies_minder]

good find, i think ive tried a lot of the ideas in there, just because my insurance is quite high being 22 and male,

ill try most things if it means it will work out cheaper.

i found that by ignoring the request from my insurer to renew my insurance helped massively.

they put in that letter that they will do it automatically on a said date, so i left it until the day before, allowing them to think i was happy.

id phoned a couple of other classic insurers and go some better quotes (by about £75).

so as above i phoned them the day before to say i want to cancel my automatic renewal, they usual questions ensued,

why?
ive got a better quote,
who from??
blah blah,
oohhh we can smash that out of the water (actual words from the lad on the phone).

in the end i stayed with my insurer from last year, they beat my renewal (their own quote) by £150, allowed me to add all modifications ( everything from the stage 1 kit,down to my halogen headlights) increased my annual milage from the previous year and offered an agreed value.

its really worth pushing your luck, i did.
At the end of the day they want your money, regarless of the risk you pose they will always do all they can not to pay out.

[mikey72]

Found this on money saving expert.... gives some nice tips on how to lower insurance premiums
http://www.moneysavi...p-car-insurance ...... going to be giving it a try in the morning so ill let you know if it works

Careful on "tweaking your job description" that's advised. If you are caught, the insurance company can refuse to pay out fully.

[Jacko-lah]

Found this on money saving expert.... gives some nice tips on how to lower insurance premiums
http://www.moneysavi...p-car-insurance ...... going to be giving it a try in the morning so ill let you know if it works

Careful on "tweaking your job description" that's advised. If you are caught, the insurance company can refuse to pay out fully.

What should I say ? I'm a Chartered Manufacturing Engineer, employed as a Lean Improvement Consultant, on medium term contracts (6 to 18 months) via a ltd company with I happen to be the only shareholder of and therefore the Manageing Director.

Do I say : MD, Contractor, Business Consultant, or Engineer ?

You guessed it : Engineer.

[amarcd]

I got my insurance down £120 just by adding my mum and dad as named drivers! So i'm 24 paying £250 for a 1.6 escort which I dont think is bad at all.

[maggies_minder]

lets face it with the economic climate as it is now people are from job to job, and the least of their worries is telling the car insurance people.

i wouldnt worry too much when people dont declase things like engine changes/ rebores/ alloys etc.

[RossTaylor]

Every car owners should have its accident coverage but today there are still some drivers who don't have any. No matter how safe the drivers and the vehicles are, accidents on the road can happen any time. Once you have chosen the right insurance policy with the right coverage and the right price, your work doesn't end there. You should also take a look at the insurance company.

[Grimson2452]

managed to get my insurance down from £1700 to £995 I know thats still alot but im 19 but that price is with all my mods declared and the car being 1275cc engine which i thoughts not to bad a deal to be honest

[WRLondon]

playing them off is the best idea
also locked garage helps aswell as a good alarm
but saying that at 19 without the alarm my mini cab cost me £1600 -.-
considering my rover 1.4 16v cost me £800

[Gaffer]

Managed to get my mondeo insurance down from £1500 tpft for just £950 fully comp by sticking the wife on the insurance. She has a provisional licence and probably only (trys to) drives it for about 20 mins a year

With regards to careers, putting down sign maker was £3 cheaper than putting down sign engraver. When i notified my insurer of this years change in career status it didnt make a difference apart from them charging me £10 admin to change it and being an electrical contractor flittering in and out of work i could do without the £10 charge every time so will probably just leave it as contractor.

Oh yeah, playing them off is good, when i got an insurance quote online with HIC it was £410 but when i rang them up and got a quote they asked what my cheapest quote was, so i told them £410. They didnt ask who with, they just went on to try and beat it and smashed their own quote by £40

[Carlos W]

Certain jobs, like working in a pub push premiums up!

They must assume you're going to drive home drunk every night!

[Gaffer]

Certain jobs, like working in a pub push premiums up!

They must assume you're going to drive home drunk every night!

That will be because they will (probably quite correctly) expect you to be driving home at "peak time" which is 11pm to 6am. When i had a PAYG insurance from norich union it cost me 10p per mile to drive in the day time and a whopping £1 a mile at peak time. Needless to say i got rid of it due to regularly travelling 2-300 miles a time after 11pm and didnt fancy paying £10k a year for insurance

Edit - mechanics pay a lot and so do actors of those working in the armed forces.

Edited by j519ldv, 17 October 2010 - 07:20 AM.