Nothing got to do with the road worthiness of the car. Some insurers think there is an increased moral hazard if clients have an older car (though they probably won't admit as much)
Resurrecting old thread to see if this has improved in the last couple of years? There was some talk of this improving but I wonder if it had for anyone?
Seems nuts to be refused Insurance for a ten year old car. Lots of high end 09 cars will be perfectly road worthy for another decade, in comparison with a few cheap 141s which I'd be less confident of making it through the next couple of years.
I think they've been open about it. Too many cases of someone buying a car for 500 quid, and then rear ending a relative at a remote roundabout...Some insurers think there is an increased moral hazard if clients have an older car (though they probably won't admit as much)
Some insurers think there is an increased moral hazard if clients have an older car
I think they've been open about it. Too many cases of someone buying a car for 500 quid, and then rear ending a relative at a remote roundabout...
I had no problems shopping around for insurance on a 10 year old car last year (previous insurer increased premium 40% with no explanation), so I'll see how I get on this year when it's a year older.
I had no problem but only because I stayed with the same insurer. They told me if it had been a new policy they wouldn't have been interested.
Since changed the car.