Archev
Prominent Member
- Joined
- Mar 30, 2021
- Messages
- 1,291
- Reaction score
- 2,061
- Points
- 557
- Location
- Borowstouness
- Driving
- MG5
So can I have this AI guy or gal as the fronting driver with 75 yo me as second driver?
No, but you could add a younger family member as a 2nd driver if it lowered your premium and then they could drive you sometimes!So can I have this AI guy or gal as the fronting driver with 75 yo me as second driver?
Yes, although lead driver doesn't always apply. We share the driving equally but there's no way to have a joint policy.Agreed. Changing the lead driver to someone who isn't actually going to be the lead driver is known as Fronting. It usually happens more at the other end of the scale (parent fronting for teenage son as premiums are scary high), but the same applies here.
Keep your heads down to avoid low flying pigsGuys....
we've got this all wrong according to the IBA....
Just seen on Sky News website....
Car insurers 'absorbing rising costs as premiums stabilise'
The industry says insurers are not passing on further increases in costs - a scenario perhaps explained by an increase in regulatory scrutiny.news.sky.com
I think they go to auction, but don't quote me on that.Just a question.
When an insurance company writes off a perfectly good EV due to a scratch on the battery pack, do they then sell on the car for parts / battery for a profit?
Mad innit, don't get me wrong I'll shop around and get the absolute cheapest I can, and fortunately I can afford it. But that's not the point. They are still taking the piss, with the prices. But what about those that a car is an absolute must, but who just can't afford the extortionate premiums. Will they be tempted not to bother.The fine for no insurance is cheaper than the insurance itself! How mad is that?
Yes it’s a sorry state of affairs and I don’t believe anyone can do anything about it including governments. I did read somewhere a few weeks ago that there might be a possibility of an idea like is offered to some young drivers I:e the black box scheme where they would be able to monitor at what times you use your car example might be a lower premium if you only drive outside of rush hours for example or don’t use certain road types like motorways but I don’t know if that is exactly the case may also be different in different areas.Prices do seem to be out of control for some. The government should step in, because any motoring cost that is out of control is a direct barrier to people's independence.
Disagree.Yes it’s a sorry state of affairs and I don’t believe anyone can do anything about it including governments. I did read somewhere a few weeks ago that there might be a possibility of an idea like is offered to some young drivers I:e the black box scheme where they would be able to monitor at what times you use your car example might be a lower premium if you only drive outside of rush hours for example or don’t use certain road types like motorways but I don’t know if that is exactly the case may also be different in different areas.
Les
Ok you have the right to disagree, but to what I’m not sureDisagree.
Insurance companies who have restrictive deals with repairers maybe are profiting from the current slow process, aggravated by no skills regarding EV batteries (note from Cleeverly on being made to replace a perfect battery for an insurer because it had a scratch) and poor closed practices. Maybe even profiteering from used parts / batteries.
The true cost of insurance doesn't just double without some sort of malpractice.
Hi Les, Thank you for your comments, unfortunately you raise yet another issue re the economics of EV ownership. I accept that the resale value of my car is around £14k, this means that in 23 months the value has dropped by almost £20K or about £870 a month. A very expensive luxury to have parked on the drive! I really like the car, but the figures are not in its favour even if there is (at the moment) no VED. I have still not found an insurance quote of less than £2040.Hi billdunstew it was with disappointment and then anger after reading about the insurance cost for the MG5 which today will be worth around £12-15000 you might well be 86 but I shall assume with many years of driving experience behind you. it is very annoying what todays insurance companies are doing and the excuses they give to do it.
Insurance cost as increased across the board in general as we all know but your quotes are ridiculous to be quite honest in my opinion and I sympathise with you greatly.
Les
Hi Bill I’m in the same boat as you in regards to the loss on my car the MG5 trophy just coming up to 18 Months old with around 9000 miles and only worth around 13/14 grand according to autotrader and we buy any car so around £18000 out of pocket but there nothing we can do about it only hope that something changes but I don’t see it to be honest this is my 2nd one i had a SR mk1 before that and was quite happy but when I was offered almost £3000 more than I paid for it having run it for 20 months and 18k on the clock it was an offer I couldn’t refuse so a couple of months later I purchased the FL trophy and the value on that has dropped like a stone but it’s not the car it’s the market.Hi Les, Thank you for your comments, unfortunately you raise yet another issue re the economics of EV ownership. I accept that the resale value of my car is around £14k, this means that in 23 months the value has dropped by almost £20K or about £870 a month. A very expensive luxury to have parked on the drive! I really like the car, but the figures are not in its favour even if there is (at the moment) no VED. I have still not found an insurance quote of less than £2040.
Bill.