How Where You Live Affects Your Car Insurance Premiums
If you want to save money on your car insurance, then the best thing to do may be...
To Move!
One of the most important rating factors used to calculate your car insurance premiums is your postcode, or risk address of where your vehicle is kept overnight. If you live a a 'bad' postcode area your premium will be hammered!
Endsleigh have just released their annual motor theft index, based on analysis of claims over the last three years from tens of thousands of policyholders.
The report, ranks towns and cities by comparing the frequency of claims against a National Average rather than the total number of incidents.
Click to enlarge
The report shows that Swindon is the safest place in the country for claims, with another West Country town Cheltenham coming in second. Incidently, Endsleigh just happens to be based in Cheltenham.
Hull fared the worst with 85% more claims than the UK National average.
A spokesman for Endsleigh said: "Recent Government statistics have shown a national reduction in car crime by almost a fifth over the past year, however, some towns and cities are riskier than others.
"Endsleigh's statistics show that eight out of the top 10 riskiest places for motor theft are in the Midlands and North of England, with four cities in Yorkshire making the list.
Only two cities in southern England, London and Reading, are named in the top 10."
The Coppers from Humberside have challenged the findings and produced other statistics to show vehicle crime was falling in Hull.
Det Chief Insp Scott Young said: "Vehicle crime is an area of success for Hull and it is difficult to gauge how Endsleigh Insurance captures its data.
"I am very pleased to say,however, that using official sources, Hull performs exceptionally well in the area of vehicle crime and I would gladly counter any other argument in relation to that.
"Hull is a safe place to live and work and Humberside Police works very hard to ensure that it stays that way."
Whether the Police feel they are doing their job in your area or not, is at the end of the day irrelevant, as the Association of British Insurers (ABI) produce the postcode tables from aggregated claims data, which is used by the major UK car insurance companies for rating.
If you are fortunate enough to live in Swindon, Cheltenham, Solihull, Southampton, Bangor, Norwich, Exeter, Maidstone, Preston or Lincoln we suggest you definitely check out Endsleigh for Cheaper car insurance.
If you are unfortunate enough to live in Hull, Nottingham, Manchester, Doncaster, London or any other place that has a high degree of joy-riders, we suggest you compare car insurance using one of the many excellent comparison websites you will find on Car Insurance Television.
To Move!
One of the most important rating factors used to calculate your car insurance premiums is your postcode, or risk address of where your vehicle is kept overnight. If you live a a 'bad' postcode area your premium will be hammered!
Endsleigh have just released their annual motor theft index, based on analysis of claims over the last three years from tens of thousands of policyholders.
The report, ranks towns and cities by comparing the frequency of claims against a National Average rather than the total number of incidents.
Click to enlarge
The report shows that Swindon is the safest place in the country for claims, with another West Country town Cheltenham coming in second. Incidently, Endsleigh just happens to be based in Cheltenham.
Hull fared the worst with 85% more claims than the UK National average.
A spokesman for Endsleigh said: "Recent Government statistics have shown a national reduction in car crime by almost a fifth over the past year, however, some towns and cities are riskier than others.
"Endsleigh's statistics show that eight out of the top 10 riskiest places for motor theft are in the Midlands and North of England, with four cities in Yorkshire making the list.
Only two cities in southern England, London and Reading, are named in the top 10."
The Coppers from Humberside have challenged the findings and produced other statistics to show vehicle crime was falling in Hull.
Det Chief Insp Scott Young said: "Vehicle crime is an area of success for Hull and it is difficult to gauge how Endsleigh Insurance captures its data.
"I am very pleased to say,however, that using official sources, Hull performs exceptionally well in the area of vehicle crime and I would gladly counter any other argument in relation to that.
"Hull is a safe place to live and work and Humberside Police works very hard to ensure that it stays that way."
Whether the Police feel they are doing their job in your area or not, is at the end of the day irrelevant, as the Association of British Insurers (ABI) produce the postcode tables from aggregated claims data, which is used by the major UK car insurance companies for rating.
If you are fortunate enough to live in Swindon, Cheltenham, Solihull, Southampton, Bangor, Norwich, Exeter, Maidstone, Preston or Lincoln we suggest you definitely check out Endsleigh for Cheaper car insurance.
If you are unfortunate enough to live in Hull, Nottingham, Manchester, Doncaster, London or any other place that has a high degree of joy-riders, we suggest you compare car insurance using one of the many excellent comparison websites you will find on Car Insurance Television.
Labels: car insurance claims, Endsleigh Car Insurance, Endsleigh Insurance, Postcode rating, premiums, prices, quotes, Rates, Theft areas
posted by CarInsurance at
Wednesday, February 03, 2010
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