Car insurance query?
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I have just done a quote for my car insurance.
My previous car was a 1.2L engine with a market value of around £500 and cost me around £25 per month to insure.
I have just done a quote for a car with a 1.8L engine with a market value of £800 and the quote worked out around £35 per month.
However, my latest quote also includes an extra claim on my insurance for theft of my previous car. I had no, no claims bonus, so I assumed that this would increase my premium, but does that seem correct? Only a £10 rise per month with one extra claim and a 1.8L engine as opposed to a 1.2L?
Rhonda
Tagged with: 8l • Car Insurance • Insurance Car
Filed under: Insurance & Registration
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Virginia
whats with the £35 and £25?
Victoria
Being female helps you a lot when it comes to insurance. Also, companies look at past claims for those vehicles when setting rates. If the new car gets crashed or stolen at the same rate it will cost about the same. 1.8 litres is not a whole lot, most base model cars these days come with something similar. I think you’re in the clear.
edit: those are pound symbols.
Terry
there are that many different factors in how an insurance company works out your premium it’s impossible to say what’s what. It may be that your new car has a good record for not getting stolen and are not involved in as many accidents. Just luck I guess.