What do you think of mg5 insurance 32d?

From the perspective of a young driver, 20, male, live on the south coast, driving for 3 years, 3 years NCB, no claims or convictions , +ambulance service response driving certification.

MG5 Exclusive Leased 22 plate. With admiral littlebox for the first year at £890.00

This year quoted £3000 with admiral and the cheapest I’ve been able to get anywhere else is £1569. Really strange as nothings changed apart from the fact I’m a year older with another years NCB… 🥴
 
Jomarkh said:
That doesn't seem right. Do you still have the black box?
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Yeah my renewal quote was with the black box and the quote I had for 1500 was with ticker again with a black box… it seems that if I just put in my model without a registration I get quoted around 750 with a black box but as soon as i put in my registration it goes back up. Also when I attempt to get a quote for insurance from any of the major providers (Hastings, RAC, AA, LV etc.) they all just say they’re unable to give me a quote. Just seems really odd…
 
MarshyBoy612 said:
Yeah my renewal quote was with the black box and the quote I had for 1500 was with ticker again with a black box… it seems that if I just put in my model without a registration I get quoted around 750 with a black box but as soon as i put in my registration it goes back up. Also when I attempt to get a quote for insurance from any of the major providers (Hastings, RAC, AA, LV etc.) they all just say they’re unable to give me a quote. Just seems really odd…
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Most of the insurance quotes (22 plate MG5 LR ) I had this year were around the £800 ( or more ) , 12 years NCD . I went with Flow ( part of LV ) for about £300 . It might be worth given them a try . Of course I expect I'm a few years older than you ;)
 
Hey thanks for the tip, just tried flow and LV and the online tool just said they were unable to offer me a quote… flow specified it was due to my age, LV didn’t specify.

After some fiddling managed to get LV to give me a quote but it was for 2162.87. I’m just really confused as to why my insurance premium has essentially doubled when the only thing thats changed is I’m a year older and I have another years NCB…
 
MarshyBoy612 said:
After some fiddling managed to get LV to give me a quote but it was for 2162.87. I’m just really confused as to why my insurance premium has essentially doubled when the only thing thats changed is I’m a year older and I have another years NCB…
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I think the insurers are extracting the warm yellow liquid at the moment 😒
 
MarshyBoy612 said:
Yeah my renewal quote was with the black box and the quote I had for 1500 was with ticker again with a black box… it seems that if I just put in my model without a registration I get quoted around 750 with a black box but as soon as i put in my registration it goes back up. Also when I attempt to get a quote for insurance from any of the major providers (Hastings, RAC, AA, LV etc.) they all just say they’re unable to give me a quote. Just seems really odd…
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Sadly insurance has taken a big hike this year.

Just running a quote for a MG5 I'm looking at later this week. 60+, with a younger additional driver, 9K a year (good area) & it's £544 a year. Which is £100 up on previous car ins from Feb.
 
The end of price walking (cheap intial then huge hike on auto-renew that a significant portion of people allowed to happen) and industry wide increases in costs mean as a whole insurance has gone up and if you previously shopped around, you'll find you were to an extent cross subsidised by other customers.

I still find it odd that at 42 adding my parents (62-65) brings my insurance down, I have multiple vehicles, of which the MG is the least powerful and least desirable to steal.
 
Lguk said:
The end of price walking (cheap intial then huge hike on auto-renew that a significant portion of people allowed to happen) and industry wide increases in costs mean as a whole insurance has gone up and if you previously shopped around, you'll find you were to an extent cross subsidised by other customers.

I still find it odd that at 42 adding my parents (62-65) brings my insurance down, I have multiple vehicles, of which the MG is the least powerful and least desirable to steal.
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Its all a scam. They stick their finger in the air and pick a number. I think there should be a lot more regulation and control around insurance.
 
slmorgan42 said:
Its all a scam. They stick their finger in the air and pick a number. I think there should be a lot more regulation and control around insurance.
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I'm inclined to agree . I had my renewal quote from Churchill this year £800 + ( having been about £300 with Sainsburys) . I phoned Churchill to check if they had p$ssed themselves yet and the quote was dropped to £500 within seconds . Needless to say I didn't go with them , the most inept bunch I've ever dealt with .
 
MarshyBoy612 said:
Yeah my renewal quote was with the black box and the quote I had for 1500 was with ticker again with a black box… it seems that if I just put in my model without a registration I get quoted around 750 with a black box but as soon as i put in my registration it goes back up. Also when I attempt to get a quote for insurance from any of the major providers (Hastings, RAC, AA, LV etc.) they all just say they’re unable to give me a quote. Just seems really odd…
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Might be worth trying a broker and seeing if they can help.
 
Deep purple said:
Add someone older and experienced with no claims/points etc to your policy, it sometimes has a big impact (no idea why if the main driver remains the same).
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What if you are older, experienced & have no points? :) we’re struggling to find a competitive quote without having to increase the excess to £500! I just got a quote for £890! That’s crazy .. I phoned a broker & he said it’s to do with parts for EV’s being hard to get so people have courtesy cars long etc etc.
Anyone else got any insurance recommendations?
 
We were £214 last year and cheapest I've found this year is £399. Bizzarely Aviva going direct was £450 but just over £400 through Go Compare for same cover. We're in our 60s with no points. The insurers are taking the P
 
Mines on an unlimited mileage company policy any employee over 25 plus spouse, it's £870 a year, with Aviva Fleet. They're the only ones that would offer me a company policy for one vehicle.
Simon
 
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