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You still need to shop around, a standard policy (with low annual mileage) was cheapest for me last time I looked at classic ones. Bear in mind that you usually don't earn NCD on a classic policy either, which can be an issue if you swap to a more modern car later on.
tali said:Nothing to be alarmed about whatsoever.As a rule of thumb a classic policy will majority of time be cheaper than standard.There may be " many different factors" but most of it comes down to where you live. for a standard policy.
You couldn't be more incorrect. Insurance companies risk factors are not just "where you live". They rate on the time of the year you're buying the insurance, how long you've owned your vehicle, now many miles you do, how many insurance claims there has been at your address (even before you lived there), how many claims your neighbour has had, how many claims they have from the make and model of your car. The list is not exhaustive.
No two people can definitely compare their insurance quotes with eachother. Yes, you can often work out which companies are ripping people off, but sometimes there is more to it than the car you are driving.
OP. Make sure you shop around with all difference policies, checking the service they are providing you in return for your £££.
tali said:I beg to differ. If you live in a safe postcode then those other risk factors come into play(only age , claims and occupation in that order -none of the others you mention are factors tbh) .If you are in unsafe postcode those risk factors don't really come into play-as you're raped no matter what.Everything starts from the central point of postcode and is worked around that. A 17 yr old new driver in safe postcode will pay same or even less than a 25yr with max driving experience and bonus A unsafe driver in low risk area will pay a lot less than a safe driver in high risk area Most drivers who claim they live in high risk area are in fact medium . Put it this way a safe area will get you a C63-the same premium in unsafe will get a c180 I compared 2 quotes for me and in only a 4 mile distance the difference was an incredible 125% -see the importance of the postcode? 2 of my friends have virtually same risk factors .Mr Jag XK 4.2(300bhp) pays £100 LESS than Mr Zafira 1.6(105bhp) and they live just 4 miles apart .See again the postcode factor? Anecdotal but still hard(and shocking) black and white figures -even if you will disagree
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