Car Insurance Post Code Ratings
Discussion
Hold on guys. This is one list. Every insurer will have their own postcode rating list, which will not be the same as this list. Each insurer will have their own priorities and ambitions on the type of risk and area they are looking to write, so this list in isolation is utterly useless.
warp9 said:
Hold on guys. This is one list. Every insurer will have their own postcode rating list, which will not be the same as this list. Each insurer will have their own priorities and ambitions on the type of risk and area they are looking to write, so this list in isolation is utterly useless.
In my case I've moved from XX3 to XX2 (about 5 mins up the road) and it seems to have added 50% to the cost of the policy. Time for me to give the sea commander a piece of my mind...As others have said, it's not all about theft of cars.
The fact that some 'nice' areas are higher rating could be to do with the probability that there will be a lot of nicer more expensive cars in the area, so any collision is likely to cost more to repair.
e.g. inner city estate, two £2,000 Mondeos crash into each other, both written off for £4,000.
Nice stockbroker belt area, two Range Rover Sports bump into each other in Waitrose car park, repairs of £3,000 each plus hire cars etc easily could be £7,000. repair bill.
The fact that some 'nice' areas are higher rating could be to do with the probability that there will be a lot of nicer more expensive cars in the area, so any collision is likely to cost more to repair.
e.g. inner city estate, two £2,000 Mondeos crash into each other, both written off for £4,000.
Nice stockbroker belt area, two Range Rover Sports bump into each other in Waitrose car park, repairs of £3,000 each plus hire cars etc easily could be £7,000. repair bill.
LouD86 said:
Ive just found out that my new postcode, in a rather suspicious area, where I wouldn't leave anything valuable, is A grade, compared to my parents beautiful area, with no crime, no hassle, and the keys are in the cars outside. Which is an E. It makes no sense at all!
Indeed. Mate of mine reckons GL1 is a bombed out s
t hole. Grade A. 
Sorry for getting all actuarial about it, but I'm pretty sure that insurers will base factors such as these on their own actual (and probably fairly extensive) experience of claims. You could try getting in touch with them to tell them that what you reckon about a given area doesn't accord with their data sets, but I don't think they'll give it too much weight. Either way I don't give a monkeys because I live in an 'A' area and frankly I think anyone that doesn't is scum who should pay through the nose for insurance because if they didn't they'd only spend the money saved on cheap lager and scratchcards.
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