Admiral's best/worst drivers stats

[moonloops]

"Fill yer boots" as they say:

Admiral.com - Car, Home, Life and Travel Insurance Quotes

 

[BIRMA]

Very interesting figures, I read somewhere that Admiral are the Ryanair of the insurance industry.

 

[markjay]

Can't fault their marketing for finding new ways of attracting people to their website

So the scores range from 50 (lowest) to 61 (highest), out of 100?

I wonder what was the overall sample size, the size of each group, and what is the statistical Significance of the results...?

But still very interesting reading.

 

[artyman]

So it seems to get low insurance I should retire, buy a red Skoda, adopt a couple of kids and move to East Anglia

 

[st13phil]

So it seems to get low insurance I should retire, buy a red Skoda, adopt a couple of kids and move to East Anglia

Personally, given the required criteria, I'd rather pay the additional premium.

 

[Deleted member 6183]

Insurance is far too cheap these days, I pay just over £200 a year, how will the insurers afford to pay out all the claims that the feckless drivers will make?

 

[moonloops]

Insurance is far too cheap these days, I pay just over £200 a year, how will the insurers afford to pay out all the claims that the feckless drivers will make?

Because for every owner that searches for best value on renewal, there's a hundred who auto renew and pay inflated amounts for their policy.

 

[ringway]

Insurance is far too cheap these days, I pay just over £200 a year, how will the insurers afford to pay out all the claims that the feckless drivers will make?

More cars on the roads these days and not all of them make a claim.
Also, the market will be as competitive as it ever has been with most people having internet access.
As a young man, I would go into the local branch of Swinton Insurance and basically accept the quotation offered.
All done with a pen on forms, paid for by cheque and with a handshake on completion. Seemples!

 

[flat6buster]

Haven't read it but aren't they a self selecting bunch it they've been daft enough to fit an insurance black box. So not representative overall at all

 

[guydewdney]

i once met a chap who had recently lost his (mechanicy, classic car etc) petrol head son due to these black boxes.

the bb system involved in (iirc his son's friends car) the accident, had a setting that made the insuree (?) pay a fine if they were driving after 11pm or so. so a new 'game' developed where the lads would see how close to 11pm they could get to getting home... which involved driving fast, late at night....

so sad to see a broken man. he said 'I have nothing to live for now'

 

[Rayny]

So it seems to get low insurance I should retire, buy a red Skoda, adopt a couple of kids and move to East Anglia

You forgot about the gender reassignment

 

[tali]

Getting the right/wrong postcode is generally the be all and end all of car insurance.After that , then these variables are factored in to make the remaining 5% of the premium.

 

[StuartK]

I used to have a white Audi and I was 26 at the time. I drove sensibly in that

 

[GLK]

So, according to Admiral, 17-20 yr olds drive better, than 51-55 yr olds.
What were they smoking during this "survey"?

 

[JBD]

So the stereotypes are real! White Audi A4 vs red Honda Jazz

 

[grober]

So, according to Admiral, 17-20 yr olds drive better, than 51-55 yr olds.
What were they smoking during this "survey"?

Probably because most 17-20 year olds are "invisible" to insurance a) not driving at all b) driving as a named driver under someone else's policy. Only when they begin to drive and insure their own cars do the claims rise. It may also explain the anomalous 51-55 years higher risk category which may co-incide with the period where the children of said 51-55 year olds aged 17-20 begin to drive on their parents insurance!
With all these surveys depends on the frames of reference set

 

[GLK]

With all these surveys depends on the frames of reference set

Yup, and also, to a no lesser extent, on IQ of the person looking at the data to be analysed ...

 

[whitenemesis]

And what it is you are trying to demonstrate

 

[GLK]

Eh? I was referring to the fact that, should Admiral's data analyst had even a fraction of Graeme's insight, they would have separated the statistics from joint policies, thus avoiding skewed results.

Do you often find yourself requiring explanation of uncomplicated statements?

 

[whitenemesis]

No but apparently you do?

I was referring to how the results are interpreted can very much depend on what it is one wishes the survey to demonstrate.