Car Insurance continue to spiral😥😥

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Nov 11, 2009
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LV today said my insurance quoted was for 3000 miles so I asked for 4000 and it went up by £40
I can understand that increase as you are gaining a benefit, but my quote for 2023 is on the same basis as 2022, the only change being I’ve passed the 75th year. 🙁
 
May 7, 2012
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Had our LV renewal come through today and with discounts for being a Boundless Member and having home insurance with LV the increased quotes are XCEED £222 to £358. RIO £151 to £206. Total increase from £373 to £565. Neigh on £200. No accidents or claims to affect it so I will most certainly be shopping around, but keen to use insurers that have a good reputation for settling claims without hassle. It doesn’t have to be a multi car policy. Names on a plate please.
That looks pretty good, far cheaper than for our CX5. I tried comparison sites and could not beat our General Accident quote by anything worthwhile.
 
Jun 20, 2005
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It will get very much worse my friends. 🥲. When main stream insurers like R&SA and Zurich pull out of motor insurance , as I said before start worrying. Never mind all EV by 2030 most will not be able to afford the ever rising premiums.
You really have to ask why ? Simple. Repairing cars and paying for bodily injury claims has risen dramatically. EVs cost a fortune to repair. Must get written off due to a number of factors. That will improve but too late for most.
The answer is simple . Carry the risk yourself and insure TPF&T. Much cheaper
 
Nov 6, 2005
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It will get very much worse my friends. 🥲. When main stream insurers like R&SA and Zurich pull out of motor insurance , as I said before start worrying. Never mind all EV by 2030 most will not be able to afford the ever rising premiums.
You really have to ask why ? Simple. Repairing cars and paying for bodily injury claims has risen dramatically. EVs cost a fortune to repair. Must get written off due to a number of factors. That will improve but too late for most.
The answer is simple . Carry the risk yourself and insure TPF&T. Much cheaper
At present TPF&T is rarely cheaper, often more expensive - illogical but this is insurance!
 
Oct 20, 2015
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At present TPF&T is rarely cheaper, often more expensive - illogical but this is insurance!
I'd agree with this, in my younger days (many moons ago) I'd buy an old car with 6 months+ MOT left for a couple of hundred pounds or so max (mini, mk1 fiesta, mk2 escort, capri to name a few - wish I'd had a lock up and a crystal ball). TPF&T was my only option then, slightest bump would have caused a write off anyway. When I got to my thirties with a good driving record behind me at insurance renewal time I got a quote for comprehensive too out of interest (had a company car at that stage and my own vehicle for weekends and fun days then was an old Jag xj40 Sovereign, lovely car with a fondness for petrol stations.) Fully comp was quite a bit cheaper, For an experienced lower risk driver, I think it generally is.
 
May 7, 2012
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Insurers regard those insuring TPF&T as more risky and less likely to take care. Premiums are based on statistics and that is what they suggest.
 
Jul 18, 2017
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Insurers regard those insuring TPF&T as more risky and less likely to take care. Premiums are based on statistics and that is what they suggest.
That is correct as TPF&T would have cost us about £200 more so about £360 for a car valued at £600!
 
Nov 6, 2005
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This article may have serious repercussions for all of us after 2030.
Has anyone had problems getting their EV bodywork repaired?
https://robbreport.com/motors/cars/teslas-too-expensive-to-fix-1234802618/
Tesla isn't a traditional car maker - they had multiple huge issues getting production ramped up to start with and Elon Musk doesn't do conventional so it's no real surprise that his cars are expensive to repair, regardless of the fact that they're EVs.

It looks increasingly possible that the government of the day will need to delay the end of IC car sales beyond 2030.

If I were several decades younger and looking to buy a new car, I'd be waiting for the next generation of EVs to be available, it's not a mature enough market for most people.
 
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Nov 11, 2009
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Interesting to know how other makes fare wrt repair cost versus write off value v car value. Are Jaguar, Audi, Kia etc as bad or have they been designed with a higher level of repair ability. The other elephant in the room is Chinese cars are these more repairable? I don’t see the article supports any extension to the 2030 timescale. Rather it could lead to makers trying to reduce purchase costs and repair costs too in order to counter Chinese penetration the market.
 
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Jun 20, 2005
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No. It’s a sad day for Tesla and EV. Plenty to read online. Working on an EV requires a special workshop, special methods of working and safety procedures . Made worse by the way some EVs are made and their sensors. It’s well documented. Google the issues at your leisure. BTW.
Parts are not easily sourced
 
Nov 11, 2009
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No. It’s a sad day for Tesla and EV. Plenty to read online. Working on an EV requires a special workshop, special methods of working and safety procedures . Made worse by the way some EVs are made and their sensors. It’s well documented. Google the issues at your leisure. BTW.
Parts are not easily sourced
I am well aware of the problems EVs can create not only when crashed but also when going in for repairs.When our car went in for a minor rear end repair I saw the large, isolated EV/PHEV quarantine area at the bodywork specialist, and my Kia dealer also has a sizeable quarantine area too. But I don’t see the trend going into reverse, companies have invested too much to bail out now. Perhaps what we may be seeing is the end of cheap, mass motoring until EV becomes fully embedded as mainstream motors.
 
Jul 18, 2017
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Interesting to know how other makes fare wrt repair cost versus write off value v car value. Are Jaguar, Audi, Kia etc as bad or have they been designed with a higher level of repair ability. The other elephant in the room is Chinese cars are these more repairable? I don’t see the article supports any extension to the 2030 timescale. Rather it could lead to makers trying to reduce purchase costs and repair costs too in order to counter Chinese penetration the market.
The elephant could be a big dung heap if after sales service i.e warranty repairs etc take a long time to resolve, if ever.
 
Aug 24, 2021
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A friend's daughter has an MG EV. It was off the road for four months waiting for parts after a crunch. Delivered from China by bike ?
 

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