Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: BazaJT on 11 April 2019, 08:52:47

Title: Insurance prices
Post by: BazaJT on 11 April 2019, 08:52:47
Do they make them up as they go along? Although I don't do much mileage these days-the V70 is insured for 4,000mls and the Elite for 1,000mls per year and neither car comes close to those limits-I keep getting the urge to buy a third car ??? ??? this would be in addition to rather than in place of.So fairly random choices checked on a comparison site for cost of insurance all using same criteria[2,000mls per year kept on road at night with o ncd]and I get these: 2002 Omega 3.2 Elite valued at £800=£337. 2001 Omega 2.2dti CD valued at £800=£365 and 2004 Jaguar XJ6 3.0 Sovereign valued at £3,000=£301 :o I can understand the high prices due to 0 ncd but how does a 2.2 diesel end up dearer than a 3.2? and how do both end up dearer than a much more expensive-and more powerful-Jaguar end up cheaper than either?
Title: Re: Insurance prices
Post by: aaronjb on 11 April 2019, 09:25:22
Because (statistically, I suspect) "banger price" cars are driven like they are permanently in the local banger race - and are crashed a lot..
Title: Re: Insurance prices
Post by: TheBoy on 11 April 2019, 18:28:44
Maybe the low mileage impacts it, because you are in the same bracket as the 91yr old driving to the postoffice and back...
Title: Re: Insurance prices
Post by: dave the builder on 11 April 2019, 18:37:47
And playing with voluntary excess amount can reduce the price too  :y
Title: Re: Insurance prices
Post by: BazaJT on 12 April 2019, 22:51:02
I left the excess at £250 on each just to give an equal baseline[same as I set the annual mileage at 2,000 and where the car would be kept] mainly surprised that the oldest,least powerul and slowest car[the 2.2dti]should cost the most to insure.Mind you a further check today for a Volvo S80 valued at £800 in "S" spec[so not top of range]came in at £480 :o