Quote:
Originally Posted by The Milkman
I've just discovered by accident that the length of time you've owned your car has a dramatic affect on the price of your premium.
If I bought my Beemer in 2004, it would cost me £190 per year but because I've only owned it since July 2012 it was £300.
I can't understand why the length of time you've owned a car has such an affect on insurance but there you go.  |
Familiarity of the car and its quirks. Many many drivers damage their car during the first few months/years of ownership. Goes especially so with cars that are high powered (or I'd imagine, a lot of gadgets - ooh how do I do that clever thing - eyes off the road - crunch!)
Makes sense to me.
Are you one of these people who change your details over and over again to see what affects your insurance? I certainly do and I'm amazed at some of the things that can make a difference!