Insurance and age change

dransy · World Chat Champion Joined: 04 May 2005 Karma :

Hi all im 17 , in 11 days i turn 18 , will i have to alter anything on my insurance , will it get cheaper or anything?

cheers

Marc
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priller · Brolly Dolly Joined: 26 Jan 2004 Karma :

White Noise · Mr Dudwee Joined: 17 Dec 2004 Karma :

afraid not, its a year from the details that you gave them at the start and you can't change them, well apart from address but they charge for it! Shocked

anyone know how much cheaper insurance gets after you turn 25?
WN
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Davo · Davo To The Rescue! Joined: 05 Apr 2004 Karma :

It does seem to make a difference, however your current insure probably won't adjust your premium. Hence why I've got my car insurance due two days after my birthday.

Mik_RX125 · Nitrous Nuisance Joined: 11 Apr 2005 Karma :

priller · Brolly Dolly Joined: 26 Jan 2004 Karma :

They wont give you any money back.

Rookie · World Chat Champion Joined: 09 Feb 2005 Karma :

I you have a pay monthly you can cancel the policy and get anew one, if it makes a significant difference.

Mik_RX125 · Nitrous Nuisance Joined: 11 Apr 2005 Karma :

lightfoot256 · Nitrous Nuisance Joined: 12 May 2005 Karma :

When I passed mine, they gave me a reduction on the policy of about £70, they said that £63 of that would be administration charges and the charge of changing my details, and they'd put the £7 back into my account... they couldn't put the £7 back as my card number (not account) had changed since i got my insurance and said that they would also keep the £7 as it would be considered money laundering by moving money back into another account and there was no other legal way to give it me back.

I cancelled the insurance (to stop them screwing me over anymore) and they still owe me about £180, not seen any of that either... apparently can take up to 6 months to get your money back.

I'd like to say the name, but they're a very very big insurance company and I dont really wanna be taken to court for explaining how they screwed me over time and time again.

Chris

carsboreme · Derestricted Danger Joined: 03 Sep 2005 Karma :

When I was younger I was always told that the insurance goes down when you reach 21, at 21 I was told "actually its 25" and by the time I got to 25 I was told the big changes happen when you pass 30. Confused

I'm now 34 and still waiting for the suddon drop in premium!!

In reality what I have found is that whilst age contributes, the big savings are by getting your no claims bonus up (having said that, moving from Birmingham to Derby saved £140!! but moving house is a little drastic).
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zx636 · Scooby Slapper Joined: 28 Jul 2004 Karma :

Its not to you get to my age that its really drops. There are big advantages of being an oldie.

carsboreme · Derestricted Danger Joined: 03 Sep 2005 Karma :

zx636 · Scooby Slapper Joined: 28 Jul 2004 Karma :

Dont know about 57 cos i aint got there yet

houlsby · Traffic Copper Joined: 07 Feb 2005 Karma :

dont mean to but in or owt but my rs insurance has gone down £600 quid, all from 1 years ncb, im still on provisional, with cbt, still garaged with same security ect, last year payed 1060, this year paying 435. so yes your insurance should go down.

priller · Brolly Dolly Joined: 26 Jan 2004 Karma :