Ridiculous insurance quotes for Honda S2000!?!?!?

[NorthernSky]

Evening all,

• Photos of green s2k below!**

I'm looking forward to picking up my new car, as in the title a fairly low mile S2000. It's pretty much a stock car, it was born in 2004 and in decent condition, though it'll need seized bushes, rust prevention work and a geo setup... Anyway...

This is where it gets confusing. I'm 26, work for a utilities company on a decent salary & full time. I've 5 years NCB, had no legal problems or other negative influences on my records, and held a full, clean license for 8 years. The cheapest quote I've had:

£1250/year for leisure use from Adrian Flux

£1599/year (!!!!) using a well known insurance search engine, assuming the car became my primary business commuter as well as social vehicle.

Really, I just want to be able to use it for up to 3/4000 miles/year for social, perhaps just at weekends. But no joy from some of the better known 'specialist' insurers.

Has anyone else of a similar age/position as me (in terms of holding a clean license, moderate NCB etc) been given insane quotes for this car, and can anyone help me understand why my demographic is getting shafted so badly here? Seems the quotes are more on par with supercar cover!

...I'm looking forward to getting involved in some meets and drive outs etc, and realise there's a strong enthusiast community which I'd like to get involved with. Very frustrated the quotes are so astronomically high... I've owned a 3.0 2006 z4 and 2.4 2007 Brera before this, neither of which are very 'sensible' cars, yet both returned quotes for around £500 - much more reasonable given my age.

Any comments or hints of alternative insurance options would be most welcome - due to collect it tomorrow and drive home (£54 for a SINGLE DAY drive home cover...)

Ouch!!

Thanks PH.
T

Edited by NorthernSky on Wednesday 5th October 23:51

[NorthernSky]

Oops, should probably mention the current market value is approximately £8000.

[NorthernSky]

Thanks everyone, really appreciate the comments. I've done some research and it looks like the high insurance is a hangover from a certain group of young men who like to go sideways & backwards through hedges!

I've spent the whole day enjoying the car out in the open. Sun has been shining all day, nearly crashed the annual end year TVR owner's gathering in Chatsworth, and pulled over for some much needed rest, my heart is still pounding and the feeling of the potential of this car at maximum revs is utterly addicting. Wow, what a perfect combination of driver-focused engineering; I'm hooked.

I'll continue to check out some other independent insurers (thank you for the suggestions above)! And will see what adding my O/H will do. On the basis that boobs = cheaper insurance, she should bring the quote down by roughly £1000. ;D

Will post a couple of photos when I get this wonderful machine home!

[NorthernSky]

[NorthernSky]

Sillyhatday said:

I was getting silly numbers when I was shopping for a decent S2000. Even so I was getting quoted £1800 at 23 with 0 NCB (as it would be a second car). Ended up with an MR2 paying £340, having as much fun.Easier to insure than my daily Type R, which takes the piss

This number sounds familiar - even though compared to your example I have 5 years NCB! I sometimes wonder what's the point of having NCB at all! :@

I did watch a carthrottle video about MR2's, older ones were a bit twitchy weren't they? I like the ones with the boxy side grilles and turbo engines. Proper 90's raider looks.

All,

Thanks for the comments on the colour! I saw it whilst trawling the classifieds and that same moment picked up the phone to snap it up. Despite having not much money and no storage for it (yet!).

More photos will follow as a way of my saying thank you for the feedback. (;

Turns out Autumn really is the best season for photography of a green roadster...

T

[NorthernSky]

Here it is again, wish I'd had the chance for a better backdrop!

[NorthernSky]

omgus said:

Love that colour.
I wanted a Starburst orange one but impatience and bad impulse control mean i have a 2001 in Grey with many miles.

Stunning things, way more involved than my MR2s or Impreza. Currently sorn'd but having managed all summer without a mental, revvy soft top i am now in the frankly ridiculous position of looking at putting it in for a few jobs and re-taxing it for January as a late xmas present to myself.

What is the worst that can happen?

I think you should go ahead and treat yourself - I have a feeling mine might spend a few months tucked up in the garage under a cover, until it can become my daily & weekend joyrider whilst my bike eats up the commuter miles!