insurance increase..

[princeperch]

..the MX5 is currently off road, but bearing in mind that it will need to be insured at some point to stop me losing the NCB I got a quote tonight to see what the state of play is.

(25 year old male. Car kept in a garage in a safe postcode. Solicitor. 3 years NCB. Comprehensive cover with an excess of around 300 quid, car worth about 2 grand give or take, social only, no more than 5000 miles/yr)

Bear in mind in 2008 I paid £350.00 with a £150.00 excess, the best quote now is £400.00 with a £350.00 excess.

Funny old game insurance.

[redevil]

Yep.....Some pretty hefty increases on private motor at the moment. Claims inflation seems to be the main excuse.

[A2Z]

Have you tried going classic?

My MX5 is with Haggerty. I have to have a daily driver though. (but even that went North of £300 for a 3000 mile policy, but mine is on the drive)

Edited by A2Z on Wednesday 21st July 20:27

[princeperch]

A2Z said:

Have you tried going classic?

My MX5 is with Haggerty. I have to have a daily driver though. (but even that went North of £300 for a 3000 mile policy, but mine is on the drive)

Edited by A2Z on Wednesday 21st July 20:27

I'm after the NCB....

[150bhp]

Yep, my renewal quote has just went up £9.00 per month for no reason. Was still better than the other quotes i got, think the bad winter weather caused more claims so premiums have gone up across the board. It sucks but its got to be done.

[frosted]

Some paper quoted 36% increase .in insurance premiums . That's quite a high number

[2fster]

Motor insurance hasn't made a profit for a long time. This sort of thing gives you an idea why;

http://www.insurancetimes.co.uk/story.asp?sectionc...