Cost of living in UK
#31
Re: Cost of living in UK
Car Insurance for Young Drivers: Tips & discounts - MSE
MSE article on insurance for young drivers - this quotes the average premium as being just over £1000 pa.
MSE article on insurance for young drivers - this quotes the average premium as being just over £1000 pa.
#32
Forum Regular
Joined: Aug 2010
Posts: 96
Re: Cost of living in UK
Being a male under 25 is usually the kicker. I never found any cheap ones for our son. The accident rate is high, and they are bound to go with the averages.
But the insurance companies load the premiums against older drivers - they pay twice the risk premium that young drivers do.
But the insurance companies load the premiums against older drivers - they pay twice the risk premium that young drivers do.
My sister aged 80 pays £285 fully comp for a Ford Focus.
I am a youngster of 76 and pay £270 fully comp and protected, so in fact pay
less than I did 5 years ago.
B T W, that is for a 3 litre Jag.
#33
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Cost of living in UK
Chris - it would be genuinely useful (to me, at least) if you could get some more details from your friend whose daughter is paying £700 for insurance. I would be interested in knowing the car make/model, how she got decent insurance (broker or direct), which insurance company and confirmation that she is listed as the main driver, not just a named driver on her parent's policy.
I really think Gozit will find it tough because a) he's young (I think) and b) he hasn't lived in the UK. Most mainstream insurers won't be interested, which means you end up with the specialist ones who can and do charge a substantial premium. Maybe 750 is do-able, but from my recent experience that suggests the car's parked in a garage overnight (not likely for someone looking to rent cheaply), in a good area (ditto) and living with parents (ditto). Those are all factors which the insurers take into account.
#34
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
#35
Re: Cost of living in UK
Why do older drivers pay such high car insurance premiums?
#36
Re: Cost of living in UK
Wow really!? That seems incredibly cheap. I guess here I am forced to buy either the jumbo $5 bag which goes stale because we can never finish the bag or go to Sam's/ Costco to get the box of 24 small bags. The only individually packed crisps you can get are Doritos and lays and they are around $5 for a 6 pack.
A little late but genuinely surprised....
A little late but genuinely surprised....
Last edited by Bnet36; Sep 25th 2014 at 6:39 pm.
#37
Lost in BE Cyberspace
Joined: Jan 2008
Posts: 41,518
Re: Cost of living in UK
Wow really!? That seems incredibly cheap. I guess here I am forced to buy either the jumbo $5 bag which goes stale because we can never finish the bag or go to Sam's/ Costco to get the box of 24 small bags. The only individually packed crisps you can get are Doritos and lays and they are around $5 for a 6 pack.
A little late but genuinely surprised....
A little late but genuinely surprised....
PS I took this pic when I first got back and it says special offer, but they're still that price today.
Last edited by Sally Redux; Sep 25th 2014 at 7:40 pm.
#38
Re: Cost of living in UK
I dont see it as age discrimination I am afraid, I see it as statistics. If one gender lives longer than the other that should be factored in. Always thought it was barking mad that women got to retire at 60 when it was statistically proven that, on average, they lived longer. That is what insurance is about, spreading the risk over a group.
#39
Re: Cost of living in UK
Oh how I long for a beef and onion or the walkers sweet Thai chili or prawn cocktail crisp. I like all the smelly ones.
#40
Re: Cost of living in UK
Sally which supermarket was that? Do they still do all the older favors?
#42
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Cost of living in UK
Chris - it would be genuinely useful (to me, at least) if you could get some more details from your friend whose daughter is paying £700 for insurance. I would be interested in knowing the car make/model, how she got decent insurance (broker or direct), which insurance company and confirmation that she is listed as the main driver, not just a named driver on her parent's policy.
#43
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Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Cost of living in UK
Just because you think you do not pay a lot does not mean they are not overcharging you given the low risk of an accident
Why do older drivers pay such high car insurance premiums?
Why do older drivers pay such high car insurance premiums?
#44
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Cost of living in UK
Car Insurance for Young Drivers: Tips & discounts - MSE
MSE article on insurance for young drivers - this quotes the average premium as being just over £1000 pa.
MSE article on insurance for young drivers - this quotes the average premium as being just over £1000 pa.
#45
BE Forum Addict
Joined: Oct 2010
Location: The sunshine state
Posts: 1,358
Re: Cost of living in UK
Chris - it would be genuinely useful (to me, at least) if you could get some more details from your friend whose daughter is paying £700 for insurance. I would be interested in knowing the car make/model, how she got decent insurance (broker or direct), which insurance company and confirmation that she is listed as the main driver, not just a named driver on her parent's policy.