Still not getting why my car insurance is through the roof

alwayswrighty · 30/01/2022 16:59

What car are you trying to insure and how many years no claims do you have?

viques · 30/01/2022 17:01

I once had a really high quote (over the phone, that shows how long ago it was!) and asked how to get the quote down and was told “you could try moving”. Gee, thanks Saga.

It could be your address, is your dd applying from the same address?

Or your job, are you employed in a job the insurance people don’t like?

CPGyellowwallpaper · 30/01/2022 17:02

Car insurance has nothing to do with your credit score.

It is based on risk analysis for your driving and where you live.

Tens of thousands doesn't make sense given the info you have provided. Even as a brand new driver at 29 nine was only £600/year. My step son's os only £1500 as the primary driver and he is still on a provisional licence.

The things that they use to evaluate your risk are
What car do you drive
What is it's value
Where do you live...is it a high crime area
Where is it kept on road/driveway
When do you drive it ie at quieter times or in rush hour
Previous driving history
Accident history
Health issues that could make you a risk

There are other demographics used but the above is they key criteria.

Are you certain you are entering your info correctly?

pumpkinpie01 · 30/01/2022 17:03

So the quote you are doing is for you and your dd?

RavenclawDiadem · 30/01/2022 17:05

Your car insurance MIGHT be affected by your credit score if you are not paying it in a lump sum and trying to get a quote for monthly payments - that is treated as any other credit arrangement and if you've got loads of defaults, CCJs or haven't been on teh electoral roll you're perceived as a bad risk.

If in addition to trying to get monthly payments agreed you also have points, previous claims and live in a very dodgy area then that might explain it.

toppkatz · 30/01/2022 17:14

This is just a wild stab in the dark, but many years ago exDH was very nearly turned down for our mortgage application because he had the exact same first, middle and last name, and date of birth of someone else. That person had recently been made bankrupt.

Is there any chance something similar might be happening here? I think also that if you tick any kind of box on the application to say that you have previously applied and been turned down for any insurance, that can cause the premium to skyrocket.

Perhaps it might be worth actually going to visit the office of an insurance broker on the high street and asking them to get some quotes for you?

DomingoinLittleOakley · 30/01/2022 17:17

Tens of thousands? Usually you are asked if you have any claims or points in the last 5 years, so I very much doubt anything that happened 30 years ago has any bearing on the quotes. It could be where you live, the mileage you do, the car, where you keep it at night and during the day, your employment, when you want the insurance to start (leave it until the day before for example and that'll be more expensive than 23 days before, which is apparently the 'sweet spot') or more likely a combination of these.

Have a look at moneysavingexpert.com - there's lots of info on there, even a job list where legitimately tweaking your job title can get you lower premiums.

NowEvenBetter · 30/01/2022 17:23

How many years No Claims Bonus you have is the huge factor for most people.

BarbaraofSeville · 30/01/2022 17:27

The points on your licence and accident decades ago will have no affect and don't need to be declared because they only ask about what has happened in the last 3-5 years.

Have you tried to get quotes for you on your own? If I understand your post correctly, you are trying to assist your young DD who has her age against her and has 'many points' on her licence by 'diluting' her poor driving record with your good one.

Her age and the points will be going against her. How old is she, how long has she been driving, how many points, when and what for, has she had any accidents and what sort of car does she have?

She could change her car to something very small and low insurance group (eg Skoda Citigo, VW Up, Peugeot 107, Toyota Aygo etc) but if she has a truely terrible driving record for something like drink driving, dangerous driving or driving without insurance, it could be that she needs to give driving a miss for a few years until the points drop off her licence.

She could pay for an awful lot of taxis instead of an insurance policy that runs into five figures.

delilahbucket · 30/01/2022 17:30

What price does your dd get on her own and what do you get on your own? What is your occupation?

Patbutchersarrow · 30/01/2022 17:42

If you've recently moved it could well be your address. When we moved to our current address our insurance went through the roof ( huge council estate, high crime) we can't even get an online quote from some providers they won't touch us!! we pay ours annually so I don't know if credit score is taken into account it probably is though.

bigbluebus · 30/01/2022 17:48

Do you have any medical conditions?
Are you in a 'high risk' job? My DB used to be a journalist in a former life and it pushed his premiums up massively.
Is the car in a high insurance group?
As others have said your points and previous claim will be irrelevant now as they are so long ago.

BarbaraofSeville · 30/01/2022 17:53

Do you have your own car and is this a second policy?

I think you can only use NCB on one car, so I don't know if that has anything to do with it.

If she has to get insurance and isn't getting good quotes from price comparison sites, it might be worth talking to a specialist broker.

asnippersdream · 30/01/2022 18:03

@Kennykenkencat

Talked about this before and I realised as we had recently moved house that my electoral role info wasn’t up to date and also thought this could be the reasoning behind my lack lustre credit score despite not owing a great deal and being perfectly up to date with everything.

Thought I had cracked it.

My credit report is now showing I am on the electoral role . It has made no difference to my score.

It also hasn’t made any difference to my car insurance quotes.

I still have quotes in the tens of thousands to be a main driver on a car which my young Dd who has many points on her licence is getting quotes for her to be a main driver which are high but not ridiculous
I have to be a secondary driver to Dd in order to afford the insurance.
I have been driving 35 years. I have only ever had 3 points on my licence for going 34 in a 30 (thought it was 40mph speed limit at the time. Apparently I should have noticed the street lights) and that was in 1988.
And was once in a car accident that wasn’t my fault. Driving up a road and the car in the other carriageway couldn’t stop for the cars waiting at the traffic lights and so turned their wheel and embedded their car into my ribcage.
That was early 90s.

I have checked my driving licence with the DVLA and it is perfectly clean.
Actually found out I can drive 8.5 ton trucks😁. Dream job.

Do you think the DVLA would know why I am not getting competitive quotes or should I phone the insurance companies.

Just don’t want to spend hours on the phone waiting for someone to take my call and then not know themselves

Tens of thousands? I worked in motor insurance for years and I've never seen a quote in the tens of thousands.

ApolloandDaphne · 30/01/2022 18:22

Tens of thousands sounds ridiculous. There must be something wrong with the info you are submitting.

Elasmotherium · 30/01/2022 18:28

Unless you are insuring a Bentley for a million miles a year and live in an area with high crime rates your quote can't possible be tens of thousands!

My DDs insurance when she was a brand new 17 year old driver was £1500, down to just under £1000 this year now that she is 18 and has 1 year NCB.

Zazdar · 30/01/2022 18:34

My husband knows a 21 year old who insured a new Lamborghini fully comp for for £2,500. The mind boggles at what vehicle or circumstances would elicit a quote in the tens of thousands.

heartonthetyne · 30/01/2022 18:36

Considering your replies on the cycling thread OP, I'm wondering if the insurance companies have got hold of some dash cam footage of you drinking and have decided the risk of you taking out a cyclist is too high...

heartonthetyne · 30/01/2022 18:37

@heartonthetyne

Considering your replies on the cycling thread OP, I'm wondering if the insurance companies have got hold of some dash cam footage of you drinking and have decided the risk of you taking out a cyclist is too high...

Driving, not drinking!

cheekychaplin · 30/01/2022 18:37

2 points here

Your credit score isn't relevant

Why haven't you phoned an insurer for a proper quote?

It's ridiculous to ask on here and even more so to consider phoning the DVLA. Phone Direct Line or something and ask for a quote.

ChristmasPlanning · 30/01/2022 20:20

My first thought is an error based on the info input.

Can you clarify

Car/usage/NCD?

Also am I correctly understanding it's you as main names driver & DD with several points as second driver?

Original poster

Kennykenkencat · 30/01/2022 20:27

@heartonthetyne

Considering your replies on the cycling thread OP, I'm wondering if the insurance companies have got hold of some dash cam footage of you drinking and have decided the risk of you taking out a cyclist is too high...

Lots of questions

Completely impossible heartonthetyne
as if you have been tracking what I have posted then you will know I don’t drink as I can’t as even the tiniest amount of alcohol, like a tspn, has the room spinning.

I have had an issue before with my credit file toppkatz it was about a year after we moved into our last house.

I went to buy a computer and normally pay for everything up front but the salesman asked if i wanted to do interest free credit.
Said yes and then was turned down because of my credit history. I had to write to Experian to ask for a copy of my credit report (long long time ago) and found the house we had sold in a different part of the country had been sold again to some with the exact name as me and we had merged into one on our credit file.
I had to call my old number and notify her that she needed to write to the credit agency to help disentangle us.
I have a totally made up name now and I don’t believe anyone has my name anywhere in the world (mainly because I kept getting mixed up with other people with the same name) my name old name was quite a common name (Also made up as it was to help us blend in to school as I am from an immigrant family)

The name on my birth certificate I personally have never used.

Only thing that has changed recently is my address and when I came to reinsure dh’s car with me as secondary driver, we stayed with the same company and because we had moved it was about £70 more expensive.

Dd thinks it could be because of circumstances I seem to have got to 60 years old and have never had my own car insurance policy in my own name. (Usually we had company cars and then after every time we looked to put a car in my name it came up as so expensive that it sort of got kicked down the road as I have access to other cars. Or would hire them for the day if i needed to get somewhere.
I own all the cars in the household and am secondary driver on all of them as I don’t have a car that is just for me.
I just see who is or isn’t going out and jump in their main car so in a day I could drive 3 cars and a van.
The van is the only vehicle that is solely mine or should I say it belongs to my company so technically I am still a named driver on the policy.
I don’t think I have any no claims as I have always been insured through company cars. or been a secondary driver on cars that aren’t my main car.

Dd and I both have the same address so I know that isn’t a problem and dd got quotes that were high but quite reasonable considering her points situation. Her points were all for speeding but not really hugely over.
All done coming back from work in the early hours of the morning. Eg 26mph coming over Tower Bridge at 3am and a couple exceeding 50mph (not even doing 60mph. I think 56/58mph) on an empty and very dark motorway through roadworks with not a person working or a car in sight.

OP posts:

heartonthetyne · 30/01/2022 20:35

@Kennykenkencat my second post clarified I meant driving not drinking. Because you're understanding of how to drive safely on public roads is pretty bad from your comments on the other thread.

Original poster

Kennykenkencat · 30/01/2022 20:36

@cheekychaplin

2 points here

Your credit score isn't relevant

Why haven't you phoned an insurer for a proper quote?

It's ridiculous to ask on here and even more so to consider phoning the DVLA. Phone Direct Line or something and ask for a quote.

I was commenting on my credit score as since I turned 60 my credit score has hit the floor for what appears to be no reason. It is very annoying as someone I know who has a gambling habit and has run up 6 figures in debt that he is paying back at a low amount to each company each month and has line upon line of missed payments has a better credit score than me.

We have phoned an insurer and got told they wouldn’t insure me. Couldn’t tell me why but that it was just the system they use.

OP posts:

20week · 30/01/2022 20:40

My dad had been driving a company car for years until he retired at 60 and purchased his own. I think he paid about £700 but it was a nice car.

What actually is your cheapest quote?