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Insurance help


Essex Keeper
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I've said before that insurance is much cheaper here in Portugal than it is in the UK but I'll never understand insurance companies.

 

I'm just about to renew the policy on my classic Jeep which has a 5.9 litre V8 and is valued at between E25K - 30K and the premium has actually dropped to just E37 per year.

 

At the same time, I've just bought a new Chinese copy of the old Honda Dax that has a tiny 125 cc engine and valued at E1600 and the first quote was for E165 and a bit of searching got it down to E77 but even at that price how can a cheap little mini motorbike cost twice as much to insure as a 5.9 litre classic Jeep does?

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Sounds about normal for a renewal quotation. Every year my insurance renewal comes in at about twice what it should cost - regardless of which company im with. I usually check on confused.com, then ring up my existing company and they happily drop the premium down without even questioning it. Last time they dropped it by 2/3rds.

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