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Charlie The Tramp Returns

A Mystery I Can`t Work Out

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My 35 years old Lad after much pushing from me finally learnt to drive and passed his Practical Test on the 24th August.

I found a nice car in great condition with 60k miles on the clock a 1998 Ford Escort Finesse for £695.

Went on line with ( must not advertise the name ) a well known price comparison Website.

Being a new inexperienced driver I opted for 3rd Party Insurance only and was shocked at the cheapest quote of £2,200.

Gawd I thought what would Comprehensive Insurance cost and was gob smacked when I was quoted only £1188 nearly half the price of 3rd Party, :blink: checked and double checked with the all the Companies quoting and the same results were found across the board.

There must be some sane reason that Comprehensive Cover is a lot cheaper than 3rd Party cover. I`m confused.

Can anyone explain this? :unsure:

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Buy it!

Managed to get a cheaper quote by adding business to it. Call people couldn't understand it, but hey, if its what they want...

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It's fairly well-known on MSE etc. I think if you are going for 3rd Party only you are basically saying 'I can't really afford fully comp so I'm more of a risk', hence the higher price. It's probably backed up with the insurers' own stats on claims as well though.

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It's fairly well-known on MSE etc. I think if you are going for 3rd Party only you are basically saying 'I can't really afford fully comp so I'm more of a risk', hence the higher price. It's probably backed up with the insurers' own stats on claims as well though.

With the price of the car, is there any point in going fully comp? What's the excess? I very much suspect you could get the same car at auction for half that price...

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With the price of the car, is there any point in going fully comp? What's the excess? I very much suspect you could get the same car at auction for half that price...

Yes, when it`s nearly half the price of 3rd party, the excess is £200 compulsory and £300 voluntary, knock the voluntary off and the fully comp premium increases by £250.

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The mystery here is why you are sorting out car insurance for a 35 year old man. What's the real story here Charlie?

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My 35 years old Lad after much pushing from me finally learnt to drive and passed his Practical Test on the 24th August.

I found a nice car in great condition with 60k miles on the clock a 1998 Ford Escort Finesse for £695.

Went on line with ( must not advertise the name ) a well known price comparison Website.

Being a new inexperienced driver I opted for 3rd Party Insurance only and was shocked at the cheapest quote of £2,200.

Gawd I thought what would Comprehensive Insurance cost and was gob smacked when I was quoted only £1188 nearly half the price of 3rd Party, :blink: checked and double checked with the all the Companies quoting and the same results were found across the board.

There must be some sane reason that Comprehensive Cover is a lot cheaper than 3rd Party cover. I`m confused.

Can anyone explain this? :unsure:

Perhaps insurance companies have noticed in recent times that people who care about their cars or who tend to have cars worth caring about (i.e. those who have been choosing fully comp.) have been involved in fewer accidents.

Now, of course, by noticing this and setting the price of fully comp. to substantially cheaper than 3rd party, it won't be true for much longer because everyone will have fully comp, so (amazingly :rolleyes:) fully comp'd drivers will start to have more accidents.

In a year or two, there'll be a five-minute slot about this odd increase in fully comp. accidents and the resulting insurance premium increases on Radio 4's Today programme. The End.

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As has been mentioned it's all about claims ratios.

If more 3rd party policy holders have accidents than fully comp ones, the 3rd party will be more expensive.

I am of course well aware that fully comp includes 3rd party insurance but whoever said that such things have to make sense?

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I found a nice car in great condition with 60k miles on the clock a 1998 Ford Escort Finesse for £695.

My mate had a 1998 Escort Finesse in black. Very nice - had a decent amount of kit on it for a 1998 car but stangely no rev counter in the instrument panel.

I have found Fully Comp insurance to be cheaper than TPFT over the last few years. Goodness knows why. :unsure:

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Perhaps it is a conspiracy. The insurance companies make more money from fully comp and so have agreed to kill the 3rd party market by pricing it out. It is not true elsewhere. I am in France and just have 3rd party because it was the cheapest option.

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Perhaps it is a conspiracy. The insurance companies make more money from fully comp and so have agreed to kill the 3rd party market by pricing it out. It is not true elsewhere. I am in France and just have 3rd party because it was the cheapest option.

My sons girlfriend 23yo TPFT on a fiesta £798, fully comp £770, add my son 23yo fully comp £700.

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Get in touch with your MP. Put pressure on about the fact that third party is a legal requirement and should be affordable and available to all through the DVLA. Any requirement above that level can be paid for through insurance companies. This corruption between politicians and the finance industry needs to stop. Would the public stand for a TV licence only being available from industry at any rate they thought fit dependent on age and usage ? A TV licence would cost an oap around £2000. There is no difference. If there is a legal requirement the government should control it or stop making it a legal requirement

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Get in touch with your MP. Put pressure on about the fact that third party is a legal requirement and should be affordable and available to all through the DVLA. Any requirement above that level can be paid for through insurance companies. This corruption between politicians and the finance industry needs to stop. Would the public stand for a TV licence only being available from industry at any rate they thought fit dependent on age and usage ? A TV licence would cost an oap around £2000. There is no difference. If there is a legal requirement the government should control it or stop making it a legal requirement

Getting in touch with your MP will do NOTHING! They do not care and are a waste of space. Sorry to be the bearer of bad news.

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As has been mentioned it's all about claims ratios.

If more 3rd party policy holders have accidents than fully comp ones, the 3rd party will be more expensive.

I am of course well aware that fully comp includes 3rd party insurance but whoever said that such things have to make sense?

It used to be that the difference was minimal (<£20) for that reason, but it is mental that less cover costs more.

As Charlie's son has only just started driving then all the motoring things that we take for granted will be a mystery to him so it's good to help him out.

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Getting in touch with your MP will do NOTHING! They do not care and are a waste of space. Sorry to be the bearer of bad news.

Way to go supporting democracy. Or are you a big business shill?

The latter I suspect.

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By adding my wife, I saved 25%. How does that work too?

Married men are seen as less of a risk, and your wife is less of a risk than you are!

Single men get involved in cannibalsm, sky diving, wars, and stuff! :huh:

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There is little or no market for 3rd party...no cheaper option anymore...3rd party has been priced out......soon it will no loner exist, bit like black and white tv....less choice less competition less admin, paperwork....anyway the greatest cost of most insurance claims are the third party, their body, their health, their whiplash, their legal costs, their vehicle. ;)

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Way to go supporting democracy. Or are you a big business shill?

The latter I suspect.

Democracy? :lol: were you born yesterday or something? MPs have TWO letter boxes, one which they give out to the public. The other which they give to Amazon or Play.com.

The one given out to the public leads to a furnace. Thus any letters you send to them and or any complaints will merely be ignored. After all one vote can't change a darned thing.... hell 25 million votes can't change a damned thing either.

Mao Zhedong wasn't kidding when he said all power comes from the barrel of a gun.

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Married men are seen as less of a risk, and your wife is less of a risk than you are!

Single men get involved in cannibalsm, sky diving, wars, and stuff! :huh:

Which is odd because women are MUCH MUCH more aggressive than men.

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Behind the wheel, my wife is at best, a liability. At worst, she's Maureen from Driving School.

I guess Swift Cover aren't bothered about this.

Its about responsibility..... i.e. you're now responsible for her and she responsible for you.

Single men like myself have considerably less responsibility as the consequences of my actions affect only me.

you see it in skydivers all the time.... I got to have an AAD (a last line safety device which will open your reserve at 1200ft if you are traveling more than 25metres per second). I have it because I've got a family to look after..... etc...

While if I make a crater in the ground, there is no family who will starve if I die....

Tbh I find this dependency pretty horrible....

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Behind the wheel, my wife is at best, a liability. At worst, she's Maureen from Driving School.

I guess Swift Cover aren't bothered about this.

Also the nagging effect....

Ken (single) Goes out, I don't even have to ask anybody if I want to go out.

Boltonfury - Can I go out luv, just with the lads *frown* (yes of course you can dear*) I'll be fine by myself.** Erm I think I'll stay in, oh really you should go out***

*of course you can't you imbecile!

** sure go out but when you get home you can suck your own knob.

*** You will NEVER go out again

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*of course you can't you imbecile!

** sure go out but when you get home you can suck your own knob.

*** You will NEVER go out again

:lol::blink::blink:

Do you know Mrs Bolton, Ken?

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Married men are seen as less of a risk, and your wife is less of a risk than you are!

Single men get involved in ... sky diving wars ...

That sounds really exciting. Can't get insurance cover though, so I'll have to pass.

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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