Insurance Price?

Question

Hello i am an 18 year old male living in england. i passed my driving test not long ago and have bought my first car. it is a 1995 (N Reg) 1.4 litre Vauxhall (opel) Astra : See Picture

http://upload.wikimedia.org/wikipedia/en/thumb/0/03/Vauxhall-Astra-Mk3.jpg/250px-Vauxhall-Astra-Mk3.jpg

I have fully comp cover and pay £1600 for this year (about $3200 by todays exchange rate)

what sort of price would you pay in other countries ?

Answer 1

My son is 19, drives a late model ford with a factory modified 6 cyl engine, last year he paid $1950 for full comprehensive, with an excess of $950, (Australia.
However, a few things you should be aware of when buying and insuring a vehicle.
Car dealerships or finance co who arrange your insurance will be far higher than what you can get for yourself, (they get paid commit ion.)
Get 3 quotes, find out what your excess would be if you have an accident, find out if you can choose the repairer, and most important, find out what your not covered for.
My son was offered insurance by the car dealership at $4000 per year with a $2000 excess, more than double what he payed just by shopping around.

For those who don't know, when involved in an accident, the owner is required to pay an excess to the repairer before work commences on the vehicle, the owner also has the right to refuse to accept back a vehicle if they consider it poorly repaired, but they have to prove this, the owner has the right to have the vehicle inspected to insure the vehicle is repaired correctly, or, in a dispute, prove the vehicle has devalued due to bad repair work.

Finally as an auto repairer for many years, I can say that the only problems I have seen with insurance co not doing as was expected of them, was when they were suspicious of the owners story as to how the accident happened, so in all instances be honest, read the fine print of your policy, and shop around!!

Answer 2

Insurance depends on too many variables to say insurance would be "X" for this car and coverage. It depends on the intended use of the vehicle, the mileage, where it is garaged, and the driving record of the driver, along with age, gender and credit worthiness if any.

Answer 3

Insurance is a scam. They charge and charge & then give you a HUGE problem when it comes time for them to dole. All insurance is like that I guess they just had good lobyists in Wash DC & London in the sixtys. Its a viscious cycle Charge too much then dont pay out Prices go up people drive/live without prices go up they dont pay out etc etc etc

Answer 4

i am 19 and pay $2,000 a year with the minimal about of insurance required by law
i live in the u.s.

Answer 5

same