almost 25, will my insurance actually go down on the day?

[Petrolhead_Rich]

Im 25 in february, having just moved house my insurance has increased by £1200 to almost £2500/year

Is there actually a magical line that means a new policy after i hit 25 will be cheaper, or will it make no difference?

Im planning on shopping around asap to try to reduce this daft bill but wonder if it is worth holding off until i am actually 25

[StottyZr]

I'd expect so. Going from 20 to 21 my quotes dropped considerably.

[RobCrezz]

A little, not the big difference that I was expecting though.

[Carfiend]

Going from 24 to 25 did next to nothing to my insurance and I was told that the big drop was really 28, honest guv.

[Mikeyplum]

Carfiend said:

Going from 24 to 25 did next to nothing to my insurance and I was told that the big drop was really 28, honest guv.

And when you get to 28, the "big drop" will be 30, then 35, then 40 and so on and so forth...

Robbing bds!

[SturdyJ]

Made no difference to me, hit 25 in September. Multi-car though, that makes a difference

[NiceCupOfTea]

No.

[VolvoT5]

No, I was expecting a drop last year after my 25th, but nothing. Still paying around the 1100 mark for insurance on a diesel saloon........ 3rd party F&T!

The news stories this morning sound reasonbly hopeful though - government is going to try and crack down on fake whiplash injury claims... maybe that will make a slighty difference in the future?

Edited by VolvoT5 on Thursday 12th January 11:19

[Monty Python]

I suspect that given the way car insurance is going up because of all the fraudulent injury claims, the days of insurance going down are over.

[ZOLLAR]

It's never guaranteed, mainly another insurance myth that people pass around without any facts to back it up.
What should drop is your excess, generally when you turn 25 there is no age excess.

[m444ttb]

ZOLLAR said:

It's never guaranteed, mainly another insurance myth that people pass around without any facts to back it up.
What should drop is your excess, generally when you turn 25 there is no age excess.

This was exactly what I found (unsurprising given it was Admiral!). Can also confirm being 30 has made sod all difference!

[Efbe]

turning 21 did nothing, turning 25 did nothing, turning 30 did nothing.

at each point, insurance seems to have risen to counteract any savings

[th85]

Turning 21 helped, turning 25 didn't and I'd just gone down a risk rating on postcode.

[TheEnd]

I didn't think it made a difference, it was lost in the NCB increasing, and price rises, so you are unlikely to notice any sort of jump.

[k_jessop]

Try doing a quote with female provisional license holders as named drivers. I've just done it and it halfed a £1200 quote with 3 named drivers!! I know insuance companies are strange at the best of times, but that is just bonkers!!!

[McSam]

ZOLLAR said:

It's never guaranteed, mainly another insurance myth that people pass around without any facts to back it up.
What should drop is your excess, generally when you turn 25 there is no age excess.

Not that you need me to back you up, but I've found exactly the same as this.

Costs drop year by year up to 21, the biggest thing about 21 being that the car-related risk factor seems to drop massively - that is to say that a particular car that might have doubled the premium over another will then add only maybe 25%. 25, though.. It'll maybe go down a little but not much.

If you want to know, go to an insurer's website, set up a quote accurate for now, then do another one exactly the same, but change your DOB as if it's your 25 birthday. Confused.com would be easiest as you can easily change DOB without re-entering everything, not that I've done this

Slightly off-topic, but how many bloody points/accidents do you have to get a quote like that at 24?!

[benzito]

Efbe said:

turning 21 did nothing, turning 25 did nothing, turning 30 did nothing.

at each point, insurance seems to have risen to counteract any savings

+1 I think the increasing premiums counteracted any potential savings for me 2 years back when I turned 25.

[DaveH23]

Mine dropped around £100 this year but has so for the past 3 so not sure if thats me turning 25 or just following a pattern!

[EDLT]

Made bugger all difference for me

[Cyder]

No difference for me