Young Drivers Insurance - how much are you paying?
Discussion
Just looking to see what kind of figures people are forking out for insurance - namely young (under 21 :P) drivers...
A few years ago, I'd hoped to be paying less than £800 at 19 with 1 year NCB.
But having paid £1600 for my first year after passing and after getting quotes recently, it seems £1000 is a more reasonable target...
Insurance Co. sent renewal for £1400 but just making up a lower quote got them down to £1000 straight away which has got me wondering if I should try and get something lower... what's to lose?
Car's an Almera, TPFT cover, no claims/offences etc.
What are other young drivers paying?
For the oldies - when it comes to buying a nice car (I'm currently thinking 350z if I can in a few years), does having insurance in your own name and building up NCB make a huge difference - i.e. if everything else is the same does having an extra 2 years of NCB significantly reduce the cost?
A few years ago, I'd hoped to be paying less than £800 at 19 with 1 year NCB.
But having paid £1600 for my first year after passing and after getting quotes recently, it seems £1000 is a more reasonable target...
Insurance Co. sent renewal for £1400 but just making up a lower quote got them down to £1000 straight away which has got me wondering if I should try and get something lower... what's to lose?
Car's an Almera, TPFT cover, no claims/offences etc.
What are other young drivers paying?
For the oldies - when it comes to buying a nice car (I'm currently thinking 350z if I can in a few years), does having insurance in your own name and building up NCB make a huge difference - i.e. if everything else is the same does having an extra 2 years of NCB significantly reduce the cost?
.blue said:
TotalControl said:
It depends also on geographical location, type of car etc. Many renewals have gone up for some people.
That's true, but I just want a ball park figure to see how much room there could be for negotiation. 
k me, well played.If you don't have any NCB than doing your pass plus saves you loads. Well it did in my case. When I passed (at 17) the cheapest quote i could find for my Fiat Grande Punto Sporting 1.4 16v was £2350. I took my pass plus just after passing and that took my insurance down by exactly £400 ! Compared to my friends insurance costs, mine was the cheapest by far.
If you don't have any NCB than doing your pass plus saves you loads. Well it did in my case. When I passed (at 17) the cheapest quote i could find for my Fiat Grande Punto Sporting 1.4 16v was £2350. I took my pass plus just after passing and that took my insurance down by exactly £400 ! Compared to my friends insurance costs, mine was the cheapest by far.
20 yo, 4 years no claims (1 year motorbike), no points, one not at fault accident, good area.
In January this year with tesco
BMW 318i e46 £600 FC
Before I bought the bmw i had paid £430 for my old 1.6 focus.
No idea how much my a3 would cost to insure as I just swapped the cars over
My girlfriend; 20, no claims, points etc, old 1.4 polo £230
In January this year with tesco
BMW 318i e46 £600 FC
Before I bought the bmw i had paid £430 for my old 1.6 focus.
No idea how much my a3 would cost to insure as I just swapped the cars over
My girlfriend; 20, no claims, points etc, old 1.4 polo £230
Edited by anonymous-user on Monday 16th August 00:25
18, one year's NCB, 1.0l classic Mini in one of the worst postcodes (M21): £720. That's a classic policy; all the normal quotes I got were around £1900. Last year (my first year) I paid £2400 with Direct Line.
Your postcode is what makes the difference. I changed my postcode to one in Shropshire to depress myself and my quotes went down by over 50% immediately.
Your postcode is what makes the difference. I changed my postcode to one in Shropshire to depress myself and my quotes went down by over 50% immediately.
17, first year, no points, no ncb, 1997 Peugeot 106 1.1, TPFT, £1,700
18, 2nd year, no points, no ncb, 2005 Ford Fiesta Zetec S 1.6, Comp, £1,200
19, 3rd year, 3 points, one year ncb, same fiesta, comp, £996
And I just got a quote for when I turn 20 in October
20, 3 points, one year ncb, 3.0ltr twin turbo Supra, comp, £1,226
I'm at a loss to understand this quote, but i will be snapping their hand off in two months time!
Edit: Just noticed other people have got some low premiums with Admiral, looks like they popular for young drivers in(relatively) fast cars.
18, 2nd year, no points, no ncb, 2005 Ford Fiesta Zetec S 1.6, Comp, £1,200
19, 3rd year, 3 points, one year ncb, same fiesta, comp, £996
And I just got a quote for when I turn 20 in October
20, 3 points, one year ncb, 3.0ltr twin turbo Supra, comp, £1,226
I'm at a loss to understand this quote, but i will be snapping their hand off in two months time!
Edit: Just noticed other people have got some low premiums with Admiral, looks like they popular for young drivers in(relatively) fast cars.
Edited by Robb F on Monday 16th August 01:42
.blue said:
... does having insurance in your own name and building up NCB make a huge difference - i.e. if everything else is the same does having an extra 2 years of NCB significantly reduce the cost?
If you are the main driver of the car, and you're not the main driver on the insurance, then there's a good chance that you are committing insurance fraud.NCB is a discount off the premium. Companies differ in their NCB rates, but typically the maximum discount is 5 years NCB, and it can take 60% off the premium. (note the NCB rates vary from company to company, but since you won't see what's being discounted, don't just buy the 70% off figure)
For some companies, there is a discount available for a voluntary excess on accidental damage claims. This discount will apply to the whole premium. Since most of the premium calculation is geared by the third party risk and not the accidental (own) damage risk, then a comprehensive quote with a voluntary excess will sometimes result in a lower premium than TPFT.
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