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Where's the logic ?

CarlT

New member
Joined
2 Feb 2005
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10
Just running a couple of Insurance quotes through Belldirect.co.uk and got these results [:O]

2003 996 Turbo value £65k = £980.002004 997 S value £65k = £2100.002004 996 C4S - value £65k = £1500.00

Can anyone shed any light on why the quickest car is the cheapest to insure ?


Migration info. Legacy thread was 26394
 
It is the cost to repair these cars once damaged is the problem. Also 997s is quite new at present where as the 996TT has been around for 5 years.

Read this

1. Damage and Parts Costs: The likely extent of damage to each car model and the cost of the parts involved in its repair. The lower these costs, the more likelihood there is of a lower group rating.2. Repair Times: Longer repair times mean higher costs and the greater likelihood of a higher group rating. Different paint finishes on modern vehicles are an important factor. These too are taken into account.3. Value: The prices of new cars identify the higher specification models within a model range.4. Body Shells: The availability of body shells (the basic frame of the vehicle) is taken into account in Insurance group ratings because they are essential for certain accidental damage repairs.5. Performance: Acceleration and top speed are important factors. Insurance companies know very well, from their claims statistics, that high performance cars often result in more frequent Insurance claims.6. Security: Security features fitted as standard equipment by motor manufacturers can help to reduce car Insurance claims costs. Such features include high security door locks, alarm/immobilisation systems, glass etching, coded audio equipment, locking devices for alloy wheels and visible VIN numbers.

Got this from
http://www.expertcardirectory.co.uk/car-insurance-groups.htm


Migration info. Legacy thread was 26395
 
I think it is related to accident statistics. If more C4S models have crashed than turbos, then the perceived risk is higher and the Insurance quote goes up.

Migration info. Legacy thread was 26402
 
Just run figures for a GT2 and the quote is £980.00 !

Cheaper than a C4S, not only that a C4S coupe is more expensive to insure than a Cab !!






Migration info. Legacy thread was 26443
 
what about a GT3?

Migration info. Legacy thread was 26444
 

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