Parking of car - Insurance

[ZOLLAR]

Deva Link said:

ZOLLAR said:

No it's policy holders fiddling their quotes to get a cheaper price, everyone used to think parking in a garage would mean a lower premium even when they had no garage which means when all these people start claiming the stats show that people who park in a garage are higher risk.

Hmmm..OK. I'm struggling to believe that many people do it wrongly. The drive / road thing can be a bit random depending on who arrives home first etc, but it's a bit bleeding obvious if put garage and you haven't even got one.

Unfortunately that many people do, where the car is parked over night is seen as an innocent white lie on insurance forms.

[LC23]

I've just been playing around with the Admiral online quote. It goes down by £100 if I state I will park the V8V on the road rather than in the garage. That is just ridiculous.

[baz1985]

What happens if your car was stolen from your garage, if you had selected 'on the street/road'? I guess the policy would be declared void.

[McSam]

LC23 said:

I've just been playing around with the Admiral online quote. It goes down by £100 if I state I will park the V8V on the road rather than in the garage. That is just ridiculous.

Did you read the thread?

[LC23]

McSam said:

Did you read the thread?

Yep, but I cannot believe that it goes down by £100. I can understand there being some differential, but that much? The insurance company would actually prefer that I park the car on the road than in a garage?

[Deva Link]

ZOLLAR said:

Unfortunately that many people do, where the car is parked over night is seen as an innocent white lie on insurance forms.

Do, like, 90% of people say they garage their cars?

Surely people who park on the road or in their drives must crash too, so the lying would have to be massive to distort the overall claim stats?

[FunBusMk2]

Jimmy No Hands said:

On the road is cheaper than garage and drive. Funny isn't it. Also stating your car has NO security features is cheaper than saying it has an immobilizer.

In a similar vain, it costs no less to insure a house if you declare having an alarm. This year I've said I don't have one and don't have to worry about forgetting to set it.

[ZOLLAR]

baz1985 said:

What happens if your car was stolen from your garage, if you had selected 'on the street/road'? I guess the policy would be declared void.

No.

[McSam]

ZOLLAR said:

baz1985 said:

What happens if your car was stolen from your garage, if you had selected 'on the street/road'? I guess the policy would be declared void.

No.

I'm quite confident it says "where is the car usually kept" or something similar, which we can take to mean where will it be kept the majority of the time, which is really rather vague.. So how can you possibly prove anything about that particular aspect of the quote? Unless, of course, the house in question doesn't have a garage