Car Insurance Nonsense
Discussion
Hey. Been comparing many different cars on comparison websites, and the more I do it, the less I understand it.
Insurance categories seem to do literally nothing, a 1.0 corsa than a 1.4 tsi Golf, even though the golf is up 50% on power and is in a higher insurance group.
Maybe it's repair costs?
So I compared a 911 996 to a Model S P85D, C Class C63 and an M5 V8.
Surely the Porsche, known for it's major repair costs is the most expensive, right?
£438 for the 911 996, £1155 for the M5 V8 with my details, £860 for the tesla, £710 for the Mercedes.
Is there any way of actually knowing how much a car may be to insure before I go through the trouble of getting more quotes? Insurance categories seem completely pointless, a category 50 Porsche is only £100 more than my insurance group 17 1.4l Golf, which is somehow less expensive than a category 5 Corsa.
People often say it's due to how often people crash cars, and basically nothing else, but then how am I supposed to know how many people crash each model of car when looking to buy...
Any info would be appreciated, I feel so lost.
Cheers.
Insurance categories seem to do literally nothing, a 1.0 corsa than a 1.4 tsi Golf, even though the golf is up 50% on power and is in a higher insurance group.
Maybe it's repair costs?
So I compared a 911 996 to a Model S P85D, C Class C63 and an M5 V8.
Surely the Porsche, known for it's major repair costs is the most expensive, right?
£438 for the 911 996, £1155 for the M5 V8 with my details, £860 for the tesla, £710 for the Mercedes.
Is there any way of actually knowing how much a car may be to insure before I go through the trouble of getting more quotes? Insurance categories seem completely pointless, a category 50 Porsche is only £100 more than my insurance group 17 1.4l Golf, which is somehow less expensive than a category 5 Corsa.
People often say it's due to how often people crash cars, and basically nothing else, but then how am I supposed to know how many people crash each model of car when looking to buy...
Any info would be appreciated, I feel so lost.
Cheers.
Yeah, that's what I figured the answer might be, but still sad that we can't just be privy to what cars insurance companies actually want us to drive by maybe releasing a list of their price modifiers for each model of car or something, instead of just being forced to ask them over and over and over again for each model 
The corsa is a 1.0 NA and the Golf is a 1.4 turbo, plus a higher category meaning the parts are probably more expensive, and both tend to be used by young boy racers, so i'd kinda expect the corsa to be a bit cheaper honestly.
As for the porsche, i looked at both the 3.8 911 996 and cayman S of the same generation (upto 2006ish) where they are lighter and more powerful than both the corse and golf combined and insurance group 50.
Maybe i'm mistaken, but does anyone buy a Porche to never actually drive it hard in the twisties at least a few times? It's RR too, meaning it'll step out at a moments notice for an inexperienced driver who is probably only used to FF layout cars, plus the absolutely massive costs (around 5x the price compared to the golf just for an alternator) so to so me it seems like it would be the more expensive and by a longshot.
As for the porsche, i looked at both the 3.8 911 996 and cayman S of the same generation (upto 2006ish) where they are lighter and more powerful than both the corse and golf combined and insurance group 50.
Maybe i'm mistaken, but does anyone buy a Porche to never actually drive it hard in the twisties at least a few times? It's RR too, meaning it'll step out at a moments notice for an inexperienced driver who is probably only used to FF layout cars, plus the absolutely massive costs (around 5x the price compared to the golf just for an alternator) so to so me it seems like it would be the more expensive and by a longshot.
Just to really cheer you up, you also need to compare the, er, comparison sites.
The deals and relationships between different companies can make a significant difference. I saved £40-50 by buying the same policy for the same car from the same insurer, simply by doing do through one comparison site over another.
Fundamentally, you've got to do the leg work, banging in the details of everything you want to try and seeing what you get out.
How far in advance you're looking for the insurance to start can affect it too.
The deals and relationships between different companies can make a significant difference. I saved £40-50 by buying the same policy for the same car from the same insurer, simply by doing do through one comparison site over another.
Fundamentally, you've got to do the leg work, banging in the details of everything you want to try and seeing what you get out.
How far in advance you're looking for the insurance to start can affect it too.
InitialDave said:
Just to really cheer you up, you also need to compare the, er, comparison sites.
The deals and relationships between different companies can make a significant difference. I saved £40-50 by buying the same policy for the same car from the same insurer, simply by doing do through one comparison site over another.
Fundamentally, you've got to do the leg work, banging in the details of everything you want to try and seeing what you get out.
How far in advance you're looking for the insurance to start can affect it too.
Hah, don't I know!The deals and relationships between different companies can make a significant difference. I saved £40-50 by buying the same policy for the same car from the same insurer, simply by doing do through one comparison site over another.
Fundamentally, you've got to do the leg work, banging in the details of everything you want to try and seeing what you get out.
How far in advance you're looking for the insurance to start can affect it too.
I spent hours going through the different comparison websites, it's surprising how much difference there is. For one the difference was £450 or £4650
The one that seemed to be the best, at least for me, was MoneySuperMarket, but that might be different depending on the person, job, etc.
I always put in 24 days in advance, since that is around when it is the cheapest
This is exactly the reason I started the slippery slope of expensive cars.
Had been into motorcycles for years, and had owned cars but were always insured in the g/f's name since she was the main user. At ~30, I was single and wanted to buy and insure a car in my own name with no NCD. All I wanted was a cheap runaround.
1.0L Fiesta worth about £1,500 : Most places quoted me about £1k.
964 model 911 : £1,500
No logic, but not a difficult choice!
Had been into motorcycles for years, and had owned cars but were always insured in the g/f's name since she was the main user. At ~30, I was single and wanted to buy and insure a car in my own name with no NCD. All I wanted was a cheap runaround.
1.0L Fiesta worth about £1,500 : Most places quoted me about £1k.
964 model 911 : £1,500
No logic, but not a difficult choice!
Before prices shot up significantly, I insured a 2016 Fiat Panda 1.2 for £179 in April 2023. And a 2009 Mercedes SLK 350 was £219 in Sept 2023! I had 18 yrs NCD on the Panda (yes, most companies don't discount after 9, Saga do 
) , and only 6 yrs on the SLK (2 lots built up separately).
Incidentally, the The Fiat Panda (sold in early April)) renewal for April 2024 was £270, and the cheapest shopping around would have been £264, up 50% on the previous year.
) , and only 6 yrs on the SLK (2 lots built up separately).Incidentally, the The Fiat Panda (sold in early April)) renewal for April 2024 was £270, and the cheapest shopping around would have been £264, up 50% on the previous year.
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