Why is the insurance on my old car so high?
I've a 2004 Suzuki Alto and the insurance quotes are insane. Seven times what I paid for the car. I've been driving 11 years with no claims or convictions, although I haven't got any No Claims Bonus because, for the last three years, I've driven hire cars.
Asked on 22 June 2020 by Chelsea A
Answered by
Honest John
When you insure a car, the primary factor is the risk you present. The fact you haven't got any NCB is the reason the premium is so high. This is the reason why young drivers have the same issue that you're experiencing.
We give you the low down on how to save on insurance, little-known tricks and tips, what insurance groups mean and how to use insurance aggregators to beat insurers.
Insurance group finder and how to save on insuranceSimilar questions
I have protected No Claims Bonus, but I also have a Voluntary Excess of £250 on my car insurance. I have had a slight accident causing some scratches to the bodywork of my car.
What is the position if...
We were due to buy a used car and sold our car in readiness to buy and, therefore, just transfer the insurance. However, we were unable to come to a deal so walked away. We've got 6 weeks left on the current...
I bumped another car whilst parking. No damage was done and neither party claimed but I lost four years of No Claims Dicsount. Is this fair?
.jpg)
