Sos- Newly Qualified Insurance.
#1
Posted 18 November 2012 - 12:59 PM
I was really pleased to have passed my test in my standard MPI. However, two months later and I still can't find reasonable insurance. This seems bewildering to me, as I am in a Low-Risk postcode, the car is totally standard, albeit a 1.3i (Non-Cooper), and I have just turned 18. I have looked at pretty much every way to save money on this, and the lowest quotes I have found are still in the £3000 region. In all of my quote searches I have maxed out the voluntary excess, limited the mileage to around 2000 pa and tried both TPFT and Fully Comp. I only really need the car for school holidays, so I have looked at temporary cover but the insurers just aren't interested. Surely there is something I have missed here? Anybody got any tips? I imagine some of you will just tell me to bite the bullet and pay up, but 3 grand for a holiday runaround seems silly money...
#2
Posted 18 November 2012 - 01:08 PM
#3
Posted 18 November 2012 - 01:10 PM
When I did that it took my insurance down by around £800!
I'm sure it will be the same with you
#4
Posted 18 November 2012 - 01:11 PM
I really want to get another car so I can give the mini the attention it needs but I cant insure anything else
#5
Posted 18 November 2012 - 01:17 PM
Also there's nothing stopping you from just taking out insurance for the months you use it, when you're done, cancel the insurance policy, cash in the tax disk and sorn the car...
Adding named drivers onto the policy is a know way of reducing the premium.
#6
Posted 18 November 2012 - 01:39 PM
On a 1991 mainstream cooper SE 1.3 for £700 fully comp
#7
Posted 20 November 2012 - 05:20 PM
Thankyou so much for all the advice!
I tried aviva online and got a silly quote but you are right, a phonecall might be a good idea! I'll definitely keep my parents on the policy: I could actually just be a named driver as strictly speaking I am probably not the principle driver as they occasionally use it while I am away, not sure if that system would give me a NCB though...
#8
Posted 21 November 2012 - 11:55 AM
#9
Posted 16 March 2014 - 05:02 PM
Follow up to this, ended up going for direct line as part of a family policy with two other cars. £1500 pa. Highly recommended.
#10
Posted 16 March 2014 - 06:47 PM
An Austin metro 998 is more expensive to insure than my 998 mini
I really want to get another car so I can give the mini the attention it needs but I cant insure anything else
i found it the other way round £595 for the metro and £800 when i was 17/18
#11
Posted 16 March 2014 - 06:52 PM
That was a while ago now.i found it the other way round £595 for the metro and £800 when i was 17/18
An Austin metro 998 is more expensive to insure than my 998 mini
I really want to get another car so I can give the mini the attention it needs but I cant insure anything else
But now a 998 mini is more expensive, with normal insurance, to insure than my 114 GTA
Edited by Chance, 16 March 2014 - 06:53 PM.
#12
Posted 17 March 2014 - 01:26 AM
^^ re above the differences with capacity are surprisingly marginal. Even a year's driving experience post test seems to hugely affect premiums. Also Mini's aren't the insurance bargain they once were: for comparison here are some quotes from gocompare (age 19 with a year and a half's experience).
Fiat Seicento Schumacher £728 Fully comp.
BMW 316i (E30) Convertible £1300 "
Range Rover Classic Vogue SE 3.9 Auto £1408 TPFT
#13
Posted 27 March 2014 - 08:39 AM
Not sure what I've done wrong here, but just getting some quotes for my 17 year old who takes his test in May, and on a fully comp 10,000 smiles per year policy with breakdown cover, me as a named driver, I get:
Adrian Flux (current insurer) £2,225 (and that's third party)
Go Compare £1,600
MoneySupermarket £320
#14
Posted 27 March 2014 - 08:42 AM
It'll go up when he passes his test...
#15
Posted 27 March 2014 - 10:50 AM
He ended up paying £2k to buy a Corsa 1ltr and paid £2k to insure it as a new driver. One years NCB made a hell of difference though.
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