Insurance Woes - A better provider?
Discussion
I've walked headfirst into the task of buying a car which Mrs200 can be insured to drive, and I could really do with finding an insurer who isn't going to take the pee excessively.
While I am of the age when insurance is pretty reasonable (I have to work hard to get a quote over £800), she (as a named driver) seems to have the worst possible profile for mainstream insurance providers: postgrad student, 21, non-EU passport, recently passed her test. Which when combined with a on-street parking in a Central London postcode (albeit a good one - SW3), leads to the usual comparison websites throwing up £2,500 TPFT quotes on some serious mundane used cars in the £2-3k region.
Ironically, we are also looking into leasing at the moment, and I get cheaper quotes on a new £18k supermini than I do on a used £3k warm hatchback. It's perverse!
I realise that some things are pretty inevitable, like paying a load of cash for having a crappy insurance profile. But I was wondering if anyone could recommend a provider/broker who was a little off the beaten track, and would be able to help take the sting out of it a little. If not, we might end up getting the Abarth 500 she's been obsessing over...
Cheers in advance.
While I am of the age when insurance is pretty reasonable (I have to work hard to get a quote over £800), she (as a named driver) seems to have the worst possible profile for mainstream insurance providers: postgrad student, 21, non-EU passport, recently passed her test. Which when combined with a on-street parking in a Central London postcode (albeit a good one - SW3), leads to the usual comparison websites throwing up £2,500 TPFT quotes on some serious mundane used cars in the £2-3k region.
Ironically, we are also looking into leasing at the moment, and I get cheaper quotes on a new £18k supermini than I do on a used £3k warm hatchback. It's perverse!
I realise that some things are pretty inevitable, like paying a load of cash for having a crappy insurance profile. But I was wondering if anyone could recommend a provider/broker who was a little off the beaten track, and would be able to help take the sting out of it a little. If not, we might end up getting the Abarth 500 she's been obsessing over...
Cheers in advance.
In the past few years I've found that going Fully Comp is actually cheaper than 3rd Party.
New cars are usually cheaper to insure because they haven't been written off a lot and the profile for that car is still relatively low risk.
I cant recommend any insurers, but I do always find ones not on comparison websites to be cheaper (Tesco/Direct Line)
Maybe try a range of cars rather than just Warm Hatches. One of the cars which has always surprised me as quite reasonable for quotes is Vauxhall Astra's and Vectras.
New cars are usually cheaper to insure because they haven't been written off a lot and the profile for that car is still relatively low risk.
I cant recommend any insurers, but I do always find ones not on comparison websites to be cheaper (Tesco/Direct Line)
Maybe try a range of cars rather than just Warm Hatches. One of the cars which has always surprised me as quite reasonable for quotes is Vauxhall Astra's and Vectras.
Adrian Flux are consistently the cheapest for me.
Also you may want to try fully comp on an older car, I think some insurers view this as you're more likely to be looking after it, and are therefore less likely to end up the wrong way up in a ditch.
The insurance isn't just related to performance, it's to do with safety, availability of parts etc... basically how likely it is they are to have to pay out and how much...
HTH (It might all be nonsense... you never know).
Also you may want to try fully comp on an older car, I think some insurers view this as you're more likely to be looking after it, and are therefore less likely to end up the wrong way up in a ditch.
The insurance isn't just related to performance, it's to do with safety, availability of parts etc... basically how likely it is they are to have to pay out and how much...
HTH (It might all be nonsense... you never know).
It can be incredibly car-specific as well - as an example, the insurance for my Mercedes GL was about half that of a Passat TDI. Same driver/postcode/usage, just thzt GLs don't seem to get involved in accidents.
So I'd run a good number of comparisons with every sort of car you/she would consider driving - you may get a pleasant surprise, though it may take some work.
So I'd run a good number of comparisons with every sort of car you/she would consider driving - you may get a pleasant surprise, though it may take some work.
Thanks guys. There is actually very little between the TPFT and FC prices, but it definitely doesn't seem to be cheaper.
To be clear, this process isn't really about finding the cheapest car to insure. I'm not keen to drive around in a POS, so I will probably keep hunting until I find a decent quote on one of the cars I'm looking at (or go back to the mainstream providers and suck up the cost).
To be clear, this process isn't really about finding the cheapest car to insure. I'm not keen to drive around in a POS, so I will probably keep hunting until I find a decent quote on one of the cars I'm looking at (or go back to the mainstream providers and suck up the cost).
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