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21, been driving four years but never had my own policy and STILL am looking at £1500 third party only for a hunk of junk 1 litre car, no crashes, 3 points in Manchester.
It's utter ****ing chaos. So pissed off.
21, 3 points, Manchester
Sounds reasonable 😉
if you never take the leap youll never get your own insurance cheap...
first year on my own policy at 21(driving parents cars for 3 years) was 1200 quid on a 1.6 undesirable car (1 litre car likely chosen by kids and thus crashed)
second year 285 .....
you will always be a high premium as an unknown risk !
my son is 18, 1 crash.
he had a car last year when he 1st passed..£2000 fully comp
just got a raise at work, so he has been looking round again.
cheapest he has found is.............£2400 3rd party.
1L doesn't necessarily equate to cheap, I'm sure it can range something ridiculous like group 1 to group 7...
i had to pay 800 quid on a rover 216 at 18, nearly, err, 20 years ago. 😳
you've been done for speeding. stump up.
Another vote to widen your range of cars to undesirable hatchbacks etc, everyone gets hooked up on engine size. My first car was a 1.9TD, it was only 0.3 seconds off what was considered a hot hatch at the time 🙂
Bizarrely the quote for our car was £425 just for me... and £385 if I added Mr Toast as a named driver. Even though he hasn't started driving lessons yet. :/
But I put about 15,000 miles a year on motorcycles, company vehicles...theres nothing to compensate me.
Might aswell hire a car every time i need one. 35 days continuous usage with easy car pretty much. Probably more than i'd ever drive a car. Absurd.
For me to drive a fiesta it was £2k and that was a 1 litre. I got a 306 1.9TD and went with Tesco for £1k. Then went to ecarinsurance the following year and paid £500.
Don't use the go compare stuff they are rubbish. Go straight to the insurance compnay, get an online quote then ring them up and play each other off for more discounts.
3 points, no personal driving record. There's your problem
I guess you've used price comparison websites? I just saved £100 from renewal quote by doing this, and with 6 points also. Think I used money supermarket - worth a go if you haven't.
Just read Taff's comment - oh well ask 2 people get 2 different answers!
Insurance companies are very wise. They understand the habits of the young male driver. 🙂
I had wrecked 2 cars by the time I was 19.
3 points is nowt really.
How long have you been driving company vehicles claim free?
Some insurance companies will give you a no claims discount based upon that. Ring around and see
Just do what I did - went on my parents insurace for 5
years, then got a company car.
If I need to get my own insurace now I can just get my company insurace to say I've been driving so many years without a claim etc
Depends a lot on what the 3 points are for really?
Sadly until you insure in your own name you have no "history" and therefore are assumed to be a liability until you can prove otherwise. i.e. by driving safely and accruing no convictions!
Was paying that I the early 90s thanks to the joyrider craze then and NE postcodes having the highest because of meadow well estate. Google it for those that are can't remember.
So 20 years on and it's the same seems ok to me. It does start to drop quick and the 3 points won't make any difference.
Use price comparrison sites then ring the cheapests ones direct and you'll get more iff as then there's no commison plus blagying rights help.
I'd suggest not going on your parents insurance, it's fraud, it also gives the insurance company to perfect excuse not to pay out on a claim, known as 'fronting'.
The fact is an 18 yr old is TEN times more likely to have an accident than someone who is over 35 and the average cost of the claim is much higher. Just part of being young 😆
There's a rumour to do the opposite to add a parent to yours helps. No idea if that's right or not.
Don't assume 3rd party will be cheaper than comprehensive, it sounds counter-intuitive, but in many cases it's actually more expensive. The Money Saving Expert guide ([url= http://www.moneysavingexpert.com/insurance/compare-cheap-car-insurance ]link[/url]) has always helped me get the cost down - e.g. this year's renewal quote was £640, using the guide I managed to get the same cover for £205 (27, 1.6 Zafira, 3yrs NCD).
My stepson took the plunge at 17 and his insurance was a grand on a 1.2 Clio now at 22 he pays 300 quid fully comp on a new 207.You just need to take the plunge and get insured it soon comes down
deleted, ignore.
IG6 (206 1.6) first insured under my own name at 24, cost me £1.1k
Tips to reduce insurance. Add your mum as a named driver, reduce you mileage (if you can), only get SD&P.
First (and only) crash I've had was in that first year too. Afraid the stats show it's far more likely (because of people like me) so you get clobbered in your first year's premium
The insurance companies have put the prices up this year. I'm 24 and last year's insurance was £380. This year, despite much shopping around, it's £485. Some companies returned quotes in the region of £4000. While I hate uninsured drivers, it's sorta obvious why there are so many.
Ditto the advice about 3rd party being a waste of money, on a cheap car you are rated as high risk regardless but the additional cost of going fully comp is either nowt or negligable and you feel a right twonk if you have a no fault accident that trashes your car and you have to pay out for another one yourself.
State a low yearly milage (sub 8k, 6 if you can) Another possible idea is to go through someone like the AA or RAC and get the cheapest roadside assistance too (they give you a discount on your insurance if you do this).
The only other thing to remember is that you're 21 and you have points on your licence so insurance will be high until you have a few years no claims under your belt and your points are taken off. Until then, grit your teeth, drive something slow and group3 insurance or lower, pay the money and most importantly dont crash or get nicked by the police.
2cvs are actually pretty cool as first cars... 😉
2cvs are actually pretty cool as first cars.
They cost loads now!I was looking for one as a fun summer car but gave up because of the prices when I managed to find one
My first was £600.
1.6 litre Proton Persona, actually a nice car (relatively, was only £200)
23, 3 points, no crashes.
Would recomend non-turbo 1.9 litre 306 diesel. Group 4 and plenty big enough to carry a bike. My second car, as above at 24, £300 to insure.
Citroen Xsara non turbo Diesel Estate takes a bike and is cheap to insure and cost 500 quid .Also it's gutless so would suit a new driver
Joe I'd say bite the bullet, buy the policy and drive carefully whilst you build your insurance profile.
Its crackers now- my insurance went UP even though I have no points, 5yrs NCD, parked on drive etc etc. I think its all the rear-ending scams and people who drive in snow/ice when they should have left the car at home this winter...etc that don't help nevermind your own particular risk profile.
Mate works in car insurance. Apparently the 'base rate' that all insurers start with has gone up this year.
My policy went up as well, despite being another year of NCB...
Don't be tempted to drive without insurance- you'll screw your profile for years for one moment of madness/caught once.
*sits smugly at 35 with full NCD, no points and a sub £100 premium*
How did you manage that? I'm over 35, 10 year old undesirable smallish car, no points ever and full no claims - still nearly £400
Postcode makes a huge difference.
As above, me 23, licence for 2 years, 3 points for jumping red light. 1.6 litre Proton as my first car, and so my first policy. £600ish per year.
My friend, 25, clean licence 5 years, 2 years NCD, 1 litre Fiesta, £1,200 per year.
Both cars worth about the same (ie. naff all). I lived in rural Lincolnshire, he in Battersea.
Just think, if you'd taken out insurance 3 years ago, you'd have 50% ncd.
So it would only be £750.
And given that kids usually have friends in the car when they crash, showing off, and every streetwise urchin knows they sustained "personal injury", a low speed parking knock, into another vehicle can easilly top £20k now with 3 passengers and a bit of third party damage.
Blame solicitors for appleaing to peoples greed to line their pockets, and the short sighted medical experts who choose not to write honest medical reports, before you blame insurers.
Accident solicitors, generally, are scum of the lowest order. And for the inevitable pipsqueak who tells you about his client who would never walk again, who got £500k, theres thousands of "whiplash" victims, who don't have anything wrong with them except greed, to whom these solcitors "pander".
I paid about £300 in 1983 for my first car, which was more than a months take home - so £1500 seems almost reasonable.
Especially as we are now in a claims-culture, and any accident will have a far greater cost.
Such as the one my wife is 'fighting'. She ran into the back of a Transit, while in a queue, doing no damage to her car. Current claim from 3rd party is £1600 damage, £1600 hire vehicle and £6000+ injury by the (strapping Eastern European male builder) passenger...
I lived in rural Lincolnshire, he in Battersea
More than car crime, I bet theres a higher risk of low-speed collisions in the urban streets of London...
How did you manage that?
Living in the Highlands helps.
Jesus Matt, the only other person I know with under a £100 premium is my Dad nad he's not made a claim in 15 years! Touch wood, don;t want to jinx it....
Stick your mum on as a named driver and it will bring the price down. Worked for me back in the day
The insurance industry need straightening out here. Thay are cherry picking!
Premiums for young male drivers are way in excess of the risk they present. The business doesn't want your male drivers - period!
When I was 21, after 1 year of motoring in a 1300cc Fiat, I bought a Ford RS2000 2.0l Escort. I paid £2400 for the car and £278 for TPF&T. I had one minor accident in it when some burk suddenly u-turned from a parked position. He had been having a row with his girlfriend who was stood on her doorstep and a susbsequent court case ruled against him, even though he was 7 years my senior.
The scenes we see on TV of young hooligans tearing things up are not representative of most young drivers. Many of these people probably have no insurance because the premiums are way too high. I'm not condoning them whatsoever, but I can see how frustrating it must be for them.
I saw a TV clip the other day where some young lad had been quoted £4000 (lowest he could find) to insure a humble ageing supermini. The news article was highlighting parent's ignornce about the fraud they were committing by adding their offspring to their own inurance, then not actually using the insured car, but giving it to their son's/daughters.
Come on insurance industry, don't be such unreasonable greedy xxxxs! Stop giving these young uninsured drivers a motive and ripping off hard working young people (or their hard pressed parents)!
Car insurance industry is a joke, especially for younger drivers. The minority of ****wits coupled with the greed culture seem to make for ridiculous premiums.
I agree with a couple of posters in that you should get your mum added as a second driver, or find a girl (with a clean record) and add her instead.
Spongebob - unfortunate fact is that young male drivers really are just that much of a risk. Insurers are trying to scrape a profit in an incredibly competitive market (thanks to compare the market etc, if you arent the cheapest then you wont sell any insuarnce). So they are making more of an effort to ensure they dont sell any policies for less than the average risk they pose.
And now claim farming injury lawyers find multi-thousand pound injury claims in what would 5 years ago have been a £100 accidental damage car park bump, so premiums cant rise quickly enough. Plus the crash for cash gimps who keep on having 10mph head-on crashes 3am in a quiet industrial estate between two cars both containing 5 people all of whom have whiplash and want a big pile of compensation. The industry as a whole has made massive losses over the last few years and are jacking up prices now to try to get things back together.
In my opinion the answer is to copy what someone told me they do in Australia - absolutely no payouts for whiplash. Sure, some geniune cases will go uncompensated, but everyone's insurance goes back to realistic levels and the scammers have to find a new way to diddle cash out of the general public.
For young drivers you should try old fashioned brokers as well, there are still some out there - they will be able to access the insurers that aren't on the price comparison sites etc
Other than moving house (don't insure it at an address you don't live at, this is also fraudulent and the insurers are getting very wise to this) there's not much you can do about a Manchester postcode, I have one too and it's a killer
as the other posters correctly said - put an older person on your policy (not fronting as ziggy is right about that), get the mileage as low as you can, get a low group car, sdp only (basically don't drive it to work)
the only other option is to wait until you are older, the premiums come down significantly and will probably outstrip the NCD saving generated
one other point (slightly off topic apols) but do you really think that an insurance company would leave their rates unchanged or reduce them ? especially in this financial climate given that inflation is higher than the govt lie about it's current rate, and given that in a recession the claim volumes increase...
The insurance industry need straightening out here. Thay are cherry picking!
It's a business, that's what businesses do unfortunately.
The scenes we see on TV of young hooligans tearing things up are not representative of most young drivers.
However I know most (ok a large number) of my male friends had written off at least 1 car, some 2 or 3 within their first 4 years driving, some to the tune of 15K. I'd say literally 50% of my friends wrote off their first car, fortunately into fields or walls though. That said, those sorts of impacts are low-ish cost as walls and own-vehicle don't cost much, its when you take out a family of 4 in a 50,000 quid car going the other way that it costs!
Hardly surprising they bump the premiums up. The only advice I can give is get on the bandwagon, get the right car not a small car (slow, hard to break into, non-boy-racerable cars are far cheaper than 1 litre corsas) and put someone with stacks of years insurance on your policy. 3 points at 21, and living in manchester is doing you no good at all. The price of insurance for me was literally doubled if I wanted to live in the outskirts of liverpool, rather than 10 miles further into the fields. All of a sudden, abou the age of 25, it becomes reasonable. And by the time you have multiple cars including vastly modified ones all covered with full NCB and no points they start to think you might have at least half-decent driving technique and responsibility, but until then you're a liability.
I still haven;t quite worked out why my van is so expensive to insure - 1.9tdi VW t5 2005 $380 fully comp, 1996 Porsche 993 targa - $209 fully comp 😯 Both have same xs and both insured for anyone over 25, but don't tell anyone that or they'll want to 'borrow' the 993 !
I paid 1600 quid to insure my Ren 5 GT Turbo back in the day and it was maybe worth 2500 at the time. That was after i flipped my 206 Mi16 into a field on black ice - and to be fair to myself I was well within speed limit and there was a police car behind me who followed me in !
Count yourselves lucky that you don't live in British Columbia. I used to pay about 250 quid for fully comp insurance in the UK (max NCD, Ford Mondeo, outskirts of Wigan) and have just renewed the insurance on my 2005 Nissan X-Trail in Vancouver for $1800 CDN - and that's with the maximum discount! Without the discount, that would be $2800 (or 1800 quid!)
The problem here is ZERO competition on prices because car insurance can ONLY be purchased through the state run organization (ICBC). Still at least you don't waste vast amounts of time ringing round for car insurance quotes....
£700 Third party in 1978. IIRC insurance cost more than the car back then?
£105 fully comp now.
PMSL at some of the comments on here
[i]The insurance industry need straightening out here. Thay are cherry picking!
Premiums for young male drivers are way in excess of the risk they present. The business doesn't want your male drivers - period!
[/i]
Have you never heard of competition? There isnt just one insurance company out there. There are plenty of them (Granted they usually work their way back to a select few underwriters in the end) and they are under no restrictions to not insure young male drivers. Its just a simple fact that YMD's are a high risk. I remember being one myself and i remember the risks i took. As always the world owes someone something and today its young male drivers deserve cheaper insurance. If the market could stand it dont you think someone would be selling it at that price.
classic car?
kit car?
ok, youir utterly f****** if you crash at anything over walking pace, somehow my parents walked out of a head on between their MGB and a transit, but they were lucky, my dad was griping the wheel so hard he folded it into a figure of 8 on impact and my mum ended up facing the wrong way with the suspension and front wheel where her legs used to be.
But
23, no NCD, no points, Reading (where road wars is filmed), £340 fully comp and the car is insured for considerably more than its cost (standard practice to avoid it being written off, you get the insurance co to value it properly at the start of the year and its invariably 25% more than you'd buy/sell for (worth arround my midgets worth £3700-£4000, insured for about £5500).
Bite the bullet and pay it. You'll never get onto the insurance ladder unless you do.
Wife pays £700 pa for a Hyundai 1.9, she has no points but has a stupid habit of finding trees & gateposts, and has had a couple of own fault claims in the past.
Avoid getting mummy & daddy to be the main drivers, as insurance companies are extremely wise to this, and they'll use any reason not to pay out.
http://news.bbc.co.uk/1/hi/business/10241769.stm
Bite the bullet and pay it. You'll never get onto the insurance ladder unless you do.
Not true, premiums drop anyway as you get older, at at 19 sensible cars are £3000, 23 it's £800 to insure, at 25 it halves again to arround £400.
If it's worth it you'll just have to pay up, if not spend a year on the trains/busses. But your kidding yourself if you think stumping out £1000's on insurance will pay off just because it will be 10% off next year.
swiftcover is the cheapest ive ever found. add someone on (like mum ao dad) as a named driver on your policy.
you have to keep shopping around. i was getting quotes of 800 ish for my van and after a week of really irritating calls and internet searches ive got it down to 170 fully comp with all the trimmings.
Premiums for young male drivers are way in excess of the risk they present.
Lol. Working in the insurance industry - apparently not.
because it will be 10% off next year.
i shall restate - first year 1200 - second year 280 - age 22
age 23 van = 450
just ran through a quote for the same van with 3 years ncb and age 24 - still 450 insurance hiked just after i got my van !
yes, but you've paid £1500, if you'd waited a year anyway it would have been lower as you were over 21.
At 18-21 I could have insured a rust bucket fiat panda/nova/106 for £1200, at 22 with no NCD and no driving history the same cars are ~£310. With a years NCD (~10%) that's exactly what you paid £280.
Try looking at a old(er) car - my 1st MX-5 was an H-reg and as such qualified for classic car insurance. Bought from a specialist broker through the owners club it was stupidly low - from memory sub-£200 for a 21 year old, parked on road in Kent, fully comp. I think I had to pay £20 subs to join the club but got a discount on the policy that more than covered that outlay. It's the wrong time of year to buy one but last time I looked you can get an early MX-5 / Eunos for under £2K if you look around. Again, worth going via the Owners Club - member's cars tend to be very well looked after.
EDIT: and that was a Japanese import too. Supposedly more expensive to insure.
you ever tried gettingto mountain mayhem on the bus though .....
1200 quid was worth it for the freedom
22-1 is 21 - i was 21 when the first policy was taken out ...
with me and all my mates of similar age 1 years ncb makes more difference than age. everyone i know has more than halfed insurance costs by getting 1 years ncb - unless they have upgraded - i have 21 year old mates driving pulsar GTTIs for 1200 a year
hmmm, maybe it varies, but I've not found any of my quotes dropping by much next year despite having a years NCB whereas friends having their 21st/22nd birthdays (seems to be variable when the prices drop depending on the insurer) and I know one friend who is going car'less over the summer as the premium is halved after their 25th in September (previous car was written off by someone else earlier in the year).