What I'd do in this situation is lie to the insurance company, get third-party fire and theft, half the annual estimate and Bob's your teapot.
According to my insurance, I'm permanently borrowing "mom's" car :v:
[QUOTE=twatbagg;37016615]What I'd do in this situation is lie to the insurance company, get third-party fire and theft, half the annual estimate and Bob's your teapot.[/QUOTE]
Just tried keeping the quote the same other than changed mileage to 2000 and third-party fire and theft, £3906.25 :rolleyes:
[QUOTE=twatbagg;37016615]What I'd do in this situation is lie to the insurance company, get third-party fire and theft, half the annual estimate and Bob's your teapot.[/QUOTE]
I'd rather build up my no claims bonus, which is exactly what I'm doing. Much smarter in the long run, you can have a faster car at a younger age etc.
[QUOTE=mintz;37015790]I guess this has probably been addressed a million times here and elsewhere, but does anyone know any insurer's that can offer a cheap price? (UK)
Whenever I try a quote I either get no price at all or a quote that is worth about five times as much as the car it's self.
Cheapest I've had (On Parents Car) through Confused.com:
Daewoo Matiz 2001 SE 0.8
£3446.59 annual premium (Endsleigh)
Comprehensive
Voluntary Excess £250
Electronic box to monitor driving
No driving between 11pm - 6am
No passengers regularly on an evening
3000 miles annual estimate
:tinfoil:[/QUOTE]
How old are you? and how long have you had your license? These two things can make a massive difference to insurance.
I was 19 when I got my first car and had a license for a year and got a quote for £2000 fully comp from endsleigh for a 2002 1.8L Ford Focus TDCi.
Then this year I'm 20 almost 21 and I'm paying £1500 for a 2001 Vauxhall Astra 1.6L 16v with no NCB and a fault claim worth £20,000 on my insurance. And that is with elephant.
Don't bother with that electric box monitor shite. I did all sorts of experiments when first looking for insurance and that method was one of the most expensive. Plus, a year on, I'm glad I didn't choose it because of all of the restrictions. Your first year of driving should be a fun and exciting time, not stressy and filled with paranoia.
After a lot of experimenting the lowest I could get it was £2200 for the year. (I'm on my second year now and paid £1070 for that). Here's the stats.
Vauxhall corsa 2002 1.0. (Insurance group 1E)
Mum and dad as side drivers, I'm the main drivers for NCB.
5000 annual mileage.
Insured myself 1 day after I turned 20, price dropped by £700.
[editline]31st July 2012[/editline]
I'm with elephant too.
[QUOTE=total_noob;37018183]How old are you? and how long have you had your license? These two things can make a massive difference to insurance.
I was 19 when I got my first car and had a license for a year and got a quote for £2000 fully comp from endsleigh for a 2002 1.8L Ford Focus TDCi.
Then this year I'm 20 almost 21 and I'm paying £1500 for a 2001 Vauxhall Astra 1.6L 16v with no NCB and a fault claim worth £20,000 on my insurance. And that is with elephant.[/QUOTE]
Just gone 18 and had license since end of January, best bet is probably to wait many years for it to drop in price. :v:
Oddly the Daewoo Matiz is quite expensive to insure (Even with a 0.8 engine), I don't know why, but for some reason it is.
First off, don't lie. It may seem tempting to insure it under your parents name for under £1k, but if you get found out (You likely will if you have to make a claim) you'll get your insurance voided, which will result in a price hike for life. Same goes with modifications, declare them.
Don't expect super cheap insurance either. It's not going to be below £2000, unless you have a field full of four-leaf clovers.
The best way to reduce your premium is to add named drivers, especially older ones. Try adding your parents onto the policy. Adding too many people can increase the premium however, two people seems to be the sweet spot though. This does [I]not[/I] mean adding yourself as a named driver with your mum as the main driver. This is called fronting and it's illegal (it's fraud).
The cheapest insurer for one person wont necessarily be the cheapest for you, therefore it's pointless asking for a specific insurer. Your best bet is to try multiple comparison sites (Go Compare, Money Supermarket, Confused.com, Compare the [del]Meerkat[/del] Market, Tesco Compare etc) as each will have different insurers and even different prices with the same insurers. Also look at the ones that aren't on comparison websites, such as Direct Line and Aviva, doesn't hurt to try. Check out the multi-car policies too (Aviva and Admiral offer these), you might get the cheapest quote through that.
Try increasing your voluntary excess too. Some comparison websites let you pick a £1000 excess, which should reduce your premium somewhat. The downside is that if you need to make a claim, you'll have to shell out £1k from somewhere.
Also have a read through this: [url]http://www.moneysavingexpert.com/insurance/car-insurance-young-drivers[/url]
Just saying, you guys have expensive insurance.
Jesus, insurance is almost as expensive as buying a car in the UK.
I pay $1,400 a year for my insurance, and I think that is a lot.
Comparison sites suck, Online quote systems suck.
Phone them up, it's the only way to get a sensible quote while you are <25. Play companies off one another, when they ask "What's your cheapest quote so far" Bullshit them with £1000 quotes.
My car is a 2002 Citroen xsara picasso 2.0L Turbo diesel (90BHP) (Insurance group [u]18[/u])
I paid £1800 in this year. I am 20.
My first year of driving on this same car was cheaper but my excess was MUCH more... and I was restricted to 6000 miles.
I'm with Bell Insurance, was with Be Wiser last year.
Putting my mileage under 9K made the insurance go UP. this year 10,500 gave me the lowest. (I do about that anyway) - Also comprehensive was cheaper than third party, weird.
Online quotes were no where near this, coming in at £3000+.
Also, Don't front the insurance. Most companies don't give NCD for named drivers and you WILL want that.
Move to America, pay $50 a month.
I found personally the only affordable way for me to get insured was to be a namked driver on a parents policy, with restricted miles and larger excess. It sucks until you break the 21 barrier, then 25, then after that it just goes down if you are a safe driver.
wow....insurance in the UK is insane. we pay a total of 575 every 6 months for 5 cars one of which being a '95 mustang GT registered to my 17 year old brother
I get mine at $47 a month, never took a driving class or anything. Written test one day and driving test the next. (when I was eighteen)
UK insurance is so expensive because we have a whole industry of ambulance-chasing claim companies suing insurers whilst paying referral money to other insurance companies, coupled with false claims, expensive lawyers and ridiculous payouts.
It's turned into a right clusterfuck and until this practice is better regulated, insurance costs are still going to be sky-high in the UK.
Jeez, at most I pay like 200 dollars a year for insurance for my motorcycle, a 2001 BMW 1100 RTP, and I am 19 years old. What they are doing over there is highway robbery.
insurance in the UK is very expensive, mainly due to all these 'no win no fee' companies rinsing every penny they can out of insurers.
I drive a 1.3 1998 ford fiesta, its registered under my dads name and im the 2nd driver.
I payed £2300 for my first year and now its £1800 for my second year.
Im with the co-op and thats the cheapest one i could find
I don't even have insurance but fuck that's a lot.
Tips from me:
-Aviva was the lowest for me.
-Put your mom down as a named driver. Took £200 off for me.
-Don't use price comparison sites. The lowest I found on one of those was £4000, I got £3050 straight from aviva (Peugeot 206 1.4 Petrol, am 18).
-Monitoring box was more exepensive that not having one - wat
-Comprehensive was cheaper than 3rd party (I guess it shows your a less confident driver if you go for 3rd party only)
I've found that lv.com give you the cheapest quote online; but soon as you ring them up they claim the system is wrong and they null your insurance (I found this out the hard way). The company for realistic quotes when [I]you call them up [/I] is Co-Op insurance.. but but but do not go with the young drivers shit! That stuff is awful. I pay little under £1670 for a 59 plate Vauxhall Astra 1.6 (115 bhp)... I'm 18.
[QUOTE=Chuushajou;37194231]I've found that lv.com give you the cheapest quote online;[B] but soon as you ring them up they claim the system is wrong and they null your insurance[/B] (I found this out the hard way).[/QUOTE]
Did they null it after you took the insurance out, or were you still looking at quotes?
[QUOTE=Chuushajou;37194231]I pay little under £1670 for a 59 plate Vauxhall Astra 1.6 (115 bhp)... I'm 18.[/QUOTE]
That's quite good, how'd you manage to get it that cheap?
[QUOTE=RobbL;37198383]That's quite good, how'd you manage to get it that cheap?[/QUOTE]
Bartering, lots and lots of bartering.
[QUOTE=1solidsnake2;37198153]Did they null it after you took the insurance out, or were you still looking at quotes?[/QUOTE]
I payed my deposit, then I rang them regarding how long it take me to get my paper-work through and they null'd it then.
I hope you got your deposit back, it was [I]their[/I] error.
[QUOTE=1solidsnake2;37199688]I hope you got your deposit back, it was [I]their[/I] error.[/QUOTE]
Yeah I did, to be fair to them they paid it back straight away.
basically insurance companies don't want young people to drive, given 80% of them drive like twats.
either suck it and pay up or wait until you're older.
my insurance when i was 17 was 1200 on a 1.8 laguna, i thought that was mental at the time. i don't know how anyone can afford it these days.
Haha Matiz, screw that having a 0.8L
I pay 900 full comp with mods on my vts
Cost about 280$ per years for my corrola, but it only cover the one i hit, not sure how could it cost to insure my bike, i dont because its off road.
Sorry, you need to Log In to post a reply to this thread.
