Car Insurance Hurts.

[JayBox]

Well, as some of you know I was provisionally insured on my Mum's VW 1.9 Bora and was hoping to get insured on it after I passed my test.

Well, I'm 18 on the 6th of November and I have my test this week. I just got an insurance quote on it saying I was 18 and I had passed, sadly the quote was a bit much than I thought it would be. £2,400 is a bit more than I thought it would be. Therefore I have decided to go back to the old school and get a VW Polo Mk3 :)

I'm looking at this on Wednesday, which is a 1992 VW Polo Mk3.
Images:
http://pictures2.autotrader.co.uk/imgser-uk/servlet/media?id=1008020112

And my question to you guys is, have any of you started driving yet? And been highly dissapointed with a rediculous insurance quote?

[Chrisbes32]

£2,400 isn't that much considering what it was and how old you are.

[JayBox]

Yeah, but I was told it would drop to about £2000 if I got insured on it at 18. It is a lot less than how much it is if I got a quote at 17. Which was like £3000. =[

Oh well, insurance on the little 1.3 racer is only like £1,200.

[Chrisbes32]

Done your test? If not make sure you do your Pass Plus after. That slightly lowers your insurance.

[RGL_UK]

£640 for me :P.
Got my test on the 4th december.

[JayBox]

Yeah I was gunna. Forgot about it though. Cheers!
I'm looking forward to rincing around in my little racer >.<

[JayBox]

Good luck man!
Why is it soo cheap for you?

What are you getting insured on?

[amplifiedAnt]

We did try to tell you the insurance would be more than you were expecting!

My insurance was just over £800 in the end, but my 306 is only group 4 insurance and I'm 22. Went for a 10-month fully comp policy where you still get a year's no-claims at the end of it, so my next policy should drop nicely if the coming months are incident free. For a first policy, that's about the best price you're going to get.

It's just not worth having a more powerful car and paying three times the insurance to start with. There's plenty of time to get something more interesting - depending on amount of no claims you can probably get virtually anything insured for a few hundred quid when you get into your thirties. Right now I couldn't afford to run and maintain anything better and I'm working full time. A 1.4L hatchback the 306 is easily enough to start off with and I'm doing a 70-mile commute 4 or 5 times a week.

Apart from anything else, virtually everybody has a bit of a moment in their first few years of driving, or has some dick run straight into them. Unless you buy a very new car, the insurers will write it off if it gets more than superficially damaged, so it's not worth getting anything you'd be gutted to part with.

[JayBox]

We did try to tell you the insurance would be more than you were expecting!

I take that back!!!

I just got some quotes from DirectLine without the multicar discount:

Polo - £620 fully comp!
Bora - £922 third party fire & theft!

DirectLine all the way people!

[amplifiedAnt]

Directline tried to charge me nearly twice my best quote, wasn't impressed as I've got them for home insurance and they were good for that. I went with Admiral because nobody else could even get close - they're great for young drivers.

Also you're supposed to have fully comp insurance as a new driver.

[JayBox]

You don't have to have fully comp.
You can have just Fire & Theft.

[amplifiedAnt]

You can, but it's a bit sketchy.

When you pass your test you're highly recommended to get fully comprehensive insurance and if you have a car worth more than £5000 you have to by law. With TPFT you wouldn't be covered for accidental or malicious damage, it's worth paying for fully comp anyway.

[JayBox]

Thanks for your opinion, but I don't think it's sketchy as most people can't afford fully comp. So I think I'm gunna go with what my dad thinks I should do as he's gone through this with my 2 brothers. Cheers anyway.

[amplifiedAnt]

Well some insurers don't offer anything other than fully comp to under 21s, I wonder why that might be? Like you say, your funeral though.

[JayBox]

Well. I don't know how it is my funeral...
Considering I know loaddss of people who are my age or even younger, and I can't name any of them who are on Fully Comp.

[GeneralDamian]

did u get a quote for fully comp sometimes with direct line its cheaper than third party fire and theft it was for me £320 for a 2.2 vectra third party was £600, try liverpool victoria they were the best for me when i was 18 by about £500 but that was 6 years ago

[JayBox]

Liverpool Victoria. Will remember to check them tomorrow with Dadz :)
Cheers

[PeeWee-ITFC]

I take that back!!!

I just got some quotes from DirectLine without the multicar discount:

Polo - £620 fully comp!
Bora - £922 third party fire & theft!

DirectLine all the way people!

Be careful with Direct Line, they don't like young drivers, as much as they try to pretend they do.

I'm 24, female and got 7 years no claims bonus and they wouldn't insure me because I have alloy wheels on my car. Apparently people under 25 aren't responsible enough to have alloy wheels, even though 7 years no claims proves otherwise.

And to anybody thinking I must be a 'Boy racer' type because I have alloys, I drive a 1.4 Diesel 206 SW (estate). Don't think I'll be doing much racing in that.......


And defiantly do a pass plus, my first years insurance should have been £1400 odd, doing my pass plus bought it down to just under £800 and gave me an extra years no claims bonus.

[Arun.]

I will be needing car insurance soon, I will definetly be doing my Pass Plus

[amplifiedAnt]

The effect of Pass Plus kinda depends upon age. Since I was 22 and my insurance was only about £800, I worked out that the cost of doing Pass Plus was a bit more than I'd have saved. Definitely worth it if you're learning at 17/18 though, not to mention the extra skills you get.

On a related note, bloody glad my insurance came with windscreen cover. Went out to my car this morning to find a curved 6-inch crack from the left edge of the windscreen inwards. No idea what caused it as there's no chip or dent at the start of the crack, just lucky that I only have to pay the excess on it and not for the whole replacement. Still a pain though, I've found my car to be so much bother since I got it that I don't think it's worth getting one unless you really have to... Especially if you live in a densely populated city :|

[JayBox]

I was told that Pass Plus only gets you a discount if you get insured on your own name, it wont get you any discount if you are a named driver, but thats what I was told by a mate. Not sure on it. I will ask my driving instructor today :)

[amplifiedAnt]

Yes, that's probably true.

By the way, if you're intending to pull the old trick of having your own car, but only being named for it and listing a parent as the main driver, that's a form of insurance fraud called 'fronting': http://news.bbc.co.uk/1/hi/programmes/moneybox/7052569.stm

If you ever needed to make a claim and you were fronting, you'd most likely have your claim dismissed and probably have your policy canceled as well. As that article says, you could then be charged to have been driving without insurance, which carries a 6-point penalty. That's enough for you to lose your licence if it's within two years of passing your test.

[JayBox]

Yes, that's probably true.

By the way, if you're intending to pull the old trick of having your own car, but only being named for it and listing a parent as the main driver, that's a form of insurance fraud called 'fronting': http://news.bbc.co.uk/1/hi/programmes/moneybox/7052569.stm

If you ever needed to make a claim and you were fronting, you'd most likely have your claim dismissed and probably have your policy canceled as well. As that article says, you could then be charged to have been driving without insurance, which carries a 6-point penalty. That's enough for you to lose your licence if it's within two years of passing your test.

Aren't you Mr. Optomistic :)

PASSED MY DRIVING TEST TODAY :D

[amplifiedAnt]

Well done mate.

It's not that I'm pessimistic, it's being realistic. If insurance companies can sting you or refuse to pay out for any reason then they'll pounce on it - best not to do anything illegal and tempt fate to save a few quid, in my opinion of course.

[GeneralDamian]

amplifiedants right any slight chance or technicallity and ur insurance will screw u over theyre like the government they just want ur money and will use any excuse possible to not pay out.

edit. just started a new thread in vehicles ur first car crash. u shud c wot people say before u insure ur moms car third party fire and theft

[JayBox]

I'm not getting insured on the Bora anymore. Too much money and I want a smaller car for my first car.