4 grand

[Peacocks-Lucky-Coat]

Hi guys,

I got quoted 4 grand a year car insurance for my 97 mini cooper. Its the 1.3 but still only insurance group 5. Im 18 and therefore dont have any no claims, but surely there is a way of getting a much cheaper quote? Ive tried comparison websites and no luck. Any advice would be much appreciated.

[Samdy Gray]

http://www.insurethebox.com/

[Peacocks-Lucky-Coat]

http://www.insurethebox.com/

I would, but i work shifts and do a fair bit of night driving

[Samdy Gray]

Have you tried putting a parent on as a named driver? That's perfectly legal.

[Ardiles]

£4,000?!  I don't know how anyone under the age of 25 can afford to drive at all frankly...unless they decide to go uninsured which, I would imagine, many do.

[Matchworn Shirts]

I use to work in insurance, and although not private car insurance, I found insurance for my brother (who was 18 at the time) for about 1,100
He is 20 now and pays around 800

Admiral used to be good for younger driver. If your parents have had no accidents for 3-5 years put one or both as named drivers that will bring down the price.

The company I used to work for went into being a broker. If you are really struggling, I could send them an email to contact you? not sure how good their prices are though. Just a thought to try & help

[walrus]

I work for Markerstudy insurance who are an underwriter who specialise, in part, in insuring younger drivers.  They are the underwriter behind Insurethebox.  You cannot insure direct - must be via a broker - but if you PM me your address, telephone number, name and when you want cover to start I can arrange someone to call you - might be worth a shout?

It's a case of shopping around as much as possible and seeing who can cut you a deal.

[Chubbs]

I know its expensive for an 18yr old to get insure but 4k is absurd.

I think i paid 1.5k TPFT when i was 18 on a 1.4 clio.

[walrus]

It has doubled in the last few years.  I only paid £1500 on a brand new Corsa SXI as a 17yr old, but now you are lucky to get insurance under £2,500 as male.  A '97 Mini Cooper is a bit different, though, as it's not a standard risk so a broker may be able to intelligently place it under one of their schemes.

[Gethimout]

I paid 1,100 for a 1.1 J reg fiesta back in 2005. It's crazy how much it's gone up over the last few years.

[Barry Scott]

Judging by the mindless twats who are seemingly unaware of when it's night and what speed limits are, insurance rises seem completely justified.

My first car was a 1.1 Fiat Uno and I paid £500 or so for third party fire and theft. Also, I don't know how much relevance there is in insurance groups these days, I paid less insurance on my group 12 than on my group 8. (I was also older when I had the group 8.)

[walrus]

The problem is it is now so complicated it is difficult to justify aspects behind insurance without writing a short novel, but there are good reasons for factors that people are bemused by e.g.: TPFT being more expensive than fully comp in some instances.

The biggest reasons for premium jumps are personal injury claims, where now people seem to think it is their right to compensation for neck injuries if someone collides with their vehicle at 2mph.  Given that underwriting calculations are done in percentages, young drivers take the biggest hit.  I've always thought it unfair to rate so highly on a driver no history, but unfortunately statistics show youngsters as the most likely to have a bump, and they show young male drivers as likely to have a costly bump!

People are also incapable of being truthful with their insurance companies, whether deliberate or accidental.  This also increases premiums as allowances are made, or staff are employed to cross-check the bullshit they're told.

Interestingly, a player who recently joined us was investigated by my company, and was suspected as part of a fraud ring, until I explained who he was...  

[leefer]

The problem is it is now so complicated it is difficult to justify aspects behind insurance without writing a short novel, but there are good reasons for factors that people are bemused by e.g.: TPFT being more expensive than fully comp in some instances.

The biggest reasons for premium jumps are personal injury claims, where now people seem to think it is their right to compensation for neck injuries if someone collides with their vehicle at 2mph.  Given that underwriting calculations are done in percentages, young drivers take the biggest hit.  I've always thought it unfair to rate so highly on a driver no history, but unfortunately statistics show youngsters as the most likely to have a bump, and they show young male drivers as likely to have a costly bump!

People are also incapable of being truthful with their insurance companies, whether deliberate or accidental.  This also increases premiums as allowances are made, or staff are employed to cross-check the bullshit they're told.

Interestingly, a player who recently joined us was investigated by my company, and was suspected as part of a fraud ring, until I explained who he was...   

That Leon Knight knows no boundaries

[stfcinbmth]

The biggest reasons for premium jumps are personal injury claims, where now people seem to think it is their right to compensation for neck injuries if someone collides with their vehicle at 2mph.

Think we can safely blame the friggin yanks for the 'Where there's blame etc' philosophy