M
marsaday
I have an mg zt which is 7.5 y/o and worth £2300. The insurance renewal came through at £330 (same as last yr) so i automatically did a search on the money comparisons sites. Got a quote with my current insurer for £152!!
So rang them and they accepted their new quote - great.
Part 2. We are now expecting our first baby and so we have decided to get a more buggy friendly car. We have decided to get a new scoda yeti and i have just got a price from the insurer to change over to this car.
Now the car is about £15k more expensive than the mg, but in a lower insurance bracket as a more boring car and the insurance for the year is £108!!!
My question is this. Is something stupid happening in the insurance market at the moment ? How can they make money charging £100 to insure £a 17.5k car plus cover medical bills, liability etc ?
It is great news for my pocket mind.
Anyone else had something similar ?
So rang them and they accepted their new quote - great.
Part 2. We are now expecting our first baby and so we have decided to get a more buggy friendly car. We have decided to get a new scoda yeti and i have just got a price from the insurer to change over to this car.
Now the car is about £15k more expensive than the mg, but in a lower insurance bracket as a more boring car and the insurance for the year is £108!!!
My question is this. Is something stupid happening in the insurance market at the moment ? How can they make money charging £100 to insure £a 17.5k car plus cover medical bills, liability etc ?
It is great news for my pocket mind.
Anyone else had something similar ?