Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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Oh dear..... HIC wont be as cheap as they were before and wont be insuring young drivers on high powered cars.
Aparently they have a huge claim going through at the moment due to some guy totaling an escort cosworth in the south. So the underwriters are whacking up the price of renewals etc as they are worried about the costs of payouts..
Wank..........
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Tim
Site Administrator
Registered: 21st Apr 00
User status: Offline
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Doh!
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oakesylad
Member
Registered: 29th Mar 03
Location: Cheshire. Hell Hole Town
User status: Offline
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FCUK !!!!!!!!!!
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
User status: Offline
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Im sure a wrote off cossie alone wont up the premium for the existing customer base...unless he caused like...£20,000,000's worth of damage...
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Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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^^^ if he killed someone in the process im sure compensation to the family would be a fair amount
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
User status: Offline
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Yeah but how often does that heppen a year...its not that un-common....
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Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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indeed, but aparently the underwriters are getting worried about the costs of payouts. They insure lots of young drivers on powerful cars, people keep crashin em so they are paying out..
but anyway, i shouldn't be justifying them puttin their prices up 
its gonna cost me more to insure the let.....pants
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corb
Member
Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
User status: Offline
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i sincerely hope this isnt true
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Mattb
Member
Registered: 2nd Feb 03
Location: Under your sisters bed
User status: Offline
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^^^^ me too, C20LET in a corsa.....gonna get messy
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
User status: Offline
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Move companies....
Norwich Union seem to be cheap at the moment...
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Joff
Member
Registered: 17th Oct 00
Location: Cambridgeshire
User status: Offline
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I spoke to Peter at HIC this morning and seemed pretty helpful and gave me an excellent quote on the X16XE with every indication of a good premium for a C20XE too.
Tried Greenlight and their underwriters wouldn't match HIC's quote.
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Cole
Member
Registered: 11th Nov 02
Location: eastbourne Drives:zafira sold now a qashqai
User status: Offline
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you can still use ya prem membership with em though i did this last week saved me nearly £70
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jrsteeve
Member
Registered: 3rd Apr 02
Location: Manchester
User status: Offline
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I called them for a quote on my 2.2 coupe and they were bollocks. Cheapest they could do was £1800!
Had £860 from Halifax and they'll cover most of the mods.
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I think this across the board to be honest, as i think tesco are changing their policy too.
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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I will be trying them when the GT's renewal is up. but then I'm 32
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Joff
Member
Registered: 17th Oct 00
Location: Cambridgeshire
User status: Offline
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Peter seemed to be in a discounting mood. Just for having magazine subscriptions and mentioning that I'd attended shows last year saved me £30. 
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Joff
Member
Registered: 17th Oct 00
Location: Cambridgeshire
User status: Offline
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quote: Originally posted by vibrio
I will be trying them when the GT's renewal is up. but then I'm 32
It's illegal to lie about your age to get reduced premiums.
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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quote: Originally posted by Joff
quote: Originally posted by vibrio
I will be trying them when the GT's renewal is up. but then I'm 32
It's illegal to lie about your age to get reduced premiums.
I have never lied
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Joff
Member
Registered: 17th Oct 00
Location: Cambridgeshire
User status: Offline
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Then don't let other people complete your insurance policy applications
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vibrio
Banned
Registered: 28th Feb 01
Location: POAH
User status: Offline
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quote: Originally posted by Joff
Then don't let other people complete your insurance policy applications
no. only let them sign your marridge form for you
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corsafreak
Member
Registered: 1st Dec 03
Location: --- NorthEast ---2.0 16v powered
User status: Offline
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quote: Originally posted by Mattb
Oh dear..... HIC wont be as cheap as they were before and wont be insuring young drivers on high powered cars.
Aparently they have a huge claim going through at the moment due to some guy totaling an escort cosworth in the south. So the underwriters are whacking up the price of renewals etc as they are worried about the costs of payouts..
Wank..........
yep i rang HIC today got quoted £540 fully comp with protected ncb but £400 excess on policy , that is for a 2.0 corsa btw. i ain't paying £400 excess.
he told me it was because of the large claim by the cosworth drivers passenger ( half a mill he said).
flux's charged me £111 for the next 3 months until my policy runs out.
[Edited on 14-04-2004 by corsafreak]
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