29yo getting insane quotes for a e46 e16i

[landeralonso]

Hello,

I am a 29 years old Spanish man. I arrived to the UK in 2014 and I have a full UK license I've held for 8 years. No NCB, I have 3 points on my license (speeding in town). I don't know what's wrong with my profile or whatever but the cheapest insurance I have been offered is £1700 which of course I can't afford atm. I am desperate as I need the car to go to work! I was forced to lie and not tell my previous insurer about my fine but of course they found out and I had to cancel the license which turned out being more expensive.I have been reading about insurance and stuff and apparently much younger people than me are getting more competitive prices. I have a standard 2002 316I, I don't understand what's going on! I've tried Adrian flux and other brokers and nothing. I tested other cars and the cheapest I could get is like £1200 for a 1.2 corsa. Should I wipe the cookies or to try incognito mode? Any ideas?

Thank you!

[Funk]

Sorry, what..?

You have no NCB, you have points and now you have to declare cancelled insurance because you lied to an insurer....and you're wondering why your quotes are high? Insurers (rightly) see you as high-risk and are pricing accordingly. It's irrelevant what other people (younger or not) are quoted - YOU are a higher risk than they are.

Sell the BMW and get whatever the cheapest car to insure is and suck it up until you've built some no-claims and the points drop off. If you can't afford the insurance, you can't afford the car.

Oh, and I think any future insurers will ask, "Have you ever had insurance cancelled or declined..." and you'll need to answer 'yes' to this for the rest of your driving career.

[DuraAce]

landeralonso said:

I was forced to lie and not tell my previous insurer

You weren't forced to lie! You chose to do so.

No wonder insurers see you as dodgy/high risk.

[Mike335i]

As said above, you lied to the insurers and so now must pay the price. Either pay monthly and sick up the cost, change cars (not sure that will actually help much as you are the risk) or find alternative transport.

Have you looked at telematics options (black box)? This might bring the cost down a bit.

[Kugehnob]

I think we all know what's going to happen here.

Another uninsured driver on the roads.

[menor95]

Screw the British rip off insurance system, Just lie to them XD Or move to a normal country or better still register the car abroad and get cheap insurance and pay no road tax here

[mmm-five]

I had pay £800 premium for a £2000 e34 520i and that was back in 2000 when I had 6 years NCB and a clean licence - so £1700 doesn't sound extortionate for your circumstances.

If I'm reading the OP correctly:

• been in the UK for 3 years, but has a UK licence for 8 years
• has a licence for either 3 or 8 years, but has no NCB
• had insurance for less than 1 year

I wonder whether the OP either has had 'fault' claims, hasn't had bought insurance before, or was actually initially driving with no insurance, then had the speeding points (or ban/DQ), then lied to the new insurer.

So now they've got to possibly declare a ban/points/DQ, cancelled insurance, and no NCB (any accidents to declare).