In setting prices, we consider many factors that statistically influence the likelihood of having a claim. These include:
Where you live
The number of claims in your area, where you park, theft and accident rates, traffic levels and the type of road surfaces.
The car you drive
The value of your car, cost of repairing your car, how likely it is to be stolen, how fast it is, and its safety features such as having autonomous emergency breaking.
Younger people generally have less experience than older drivers and statistics support that they are more likely to be involved in an accident.
Experience matters. Generally speaking, the longer you have held a valid car license, the more experience you have on our roads and the less likely you are to be involved in an accident.
Previous claims experience
If you haven’t claimed on your insurance in the past, it’s a pretty good indicator that you’re a safer driver.
Who else will drive your car
The age and experience of regular additional drivers on your policy can impact your price.
If your car is financed
Cars under finance tend to have higher claims costs than those not under finance.
How you use your car
Cars used for business purposes tend to have more claims, than cars that are used for personal use.