Ridiculous Insurance Quotes..

[KeithC]

NFU?! when i rung them up they said they would insure anyone under 21 -.- dam them!!!

Mmm, so they've already started.

Just because i have a brand new 1.6 Zetec S, doesn't mean I drive it fast, I have the slowest ever 0-60, and barley get above that, as I need to make fuel last, if I fill up 5 times in a month, I'm skint really!

We don't all drive like idiots, my 8 year NCB will show that, only had first car (Ka) used as launch pad for speeding motorbike, I barley moved, and wrote off second car (MK6) and was I speeding? No, car infront was going slower, infact not moving, but I tried to steer on to the verge so twisted the chassis, 3rd car (Mk6.5) fine, 4th (MK7) off insurance vanity bumper replacement, and upto date on 5th (MK7)

I'd comment on that if i could understand what it is!

[calmcdermott]

To be fair on when your on about young drivers, we are not all the same, Im 20 and I do not drive like an idiot but because I live in Bradford and I dont go really any faster than the speed limit. I dont dare go over the speed limit incase mr police man or a child is round the corner and my car is my absolute pride and joy, why would I want that taken from me....... (Rant over) B)

[andyedge]

KeithC makes a few good points on this one, particularly with the 'isms'

Must say the whole 'sexism' thing doesn't add up when from what we keep on hearing there are statistics to back up the fact that male drivers are more likely to cause accidents than female drivers. But then that would be 'statiscism'.

I also read once that white cars are less likely to be involved in accidents, so maybe I should pay less on that basis. But then that would be 'colourism'.

[Nico.]

the problem is... a 17 year old lad picks up this lil corsa, puts some new wheels on it, massive rims, lowers it, adds a back box makes it look the smartest thing in his eyes possible, because of all these mods the car now according to them handles like a supercar so down the country road he finds, ends up caining the living hell out of it and the car just physically cant cope... the problem is thats only the odd person that does that, but me when i got my new fiesta and planned to do nothing more than use it to get to a-b and look after as well as i can cos tbh i am a lucky bugger to have it, i got branded under this 'boy racer' bracket... be honest you see a young lad in a new car full of his mates at the lights and the first thing you think is he is gonna blitz the livin hell out of that car... STEREOTYPES!!! argh thats all that has brought about this price difference, tbh i think these girl racers are 100000000x worse, they cant control the car at all and seem to panic well to much and crash a hell of a lot more!!

sorry for wasting the last minute of your life lol

[Kris Eagling]

Hey op here :)

Just thought I'd update you all again.

I'm still getting quotes around the 2k Mark, so no real improvement..

And I do agree with a lot of posters on here about the boy racer stereotype.. It's ridiculous

I don't drive like an idiot ever. I take good care of my car as it's my pride and joy, I NEED my car for work, no car no job!

Some peoples views on young drivers, especially males are silly. I'm not saying they are all unjustified, as there are a few out there who act like doughnuts

But to be honest, all of my friends my age who are male have never been involved in an accident, where as 4 friends of mine who are girls have, and 2 of those were write off's

Just saying statistics aren't always 100% accurate.

Thanks again for all who've contributed

Kris

[andyedge]

As an experiment, just done a quick 'compare' for my car using the exact same details for both:

Age 40 (ooh giving away my age now :) ), 7 years protected NCB, no convictions, fully comp, £250 voluntary excess. The only thing I changed was from being a 'Mr' to a 'Miss'. The results are quite interesting.

Cheapest for both was Privilege (my current & previous year's insurer). For male it was £390.08, for female £385.84, a small 1.09% saving. Both of these quotes are quite a large increase from my renewal of £302 in September last year.

2nd in both lists was Egg, with £413.40 for male & £391.14 for female, a 5.38% saving.

Strangely, 3rd in the male list was Churchill at £443.08, but this was £460.04 for female, a 3.83% increase

Two other prices in the top 20 were higher for female, with three quotes being the same.

Overall the average saving over the top 20 insurers for a female would be just 1.98%, so not a huge amount.

Haven't tried this before, maybe the insurers have started adjusting their prices already.

In conclusion, the differences right now are not that significant, but insurance prices across the board are continuing to rise anyway.

[Nico.]

As an experiment, just done a quick 'compare' for my car using the exact same details for both:

Age 40 (ooh giving away my age now :) ), 7 years protected NCB, no convictions, fully comp, £250 voluntary excess. The only thing I changed was from being a 'Mr' to a 'Miss'. The results are quite interesting.

Cheapest for both was Privilege (my current & previous year's insurer). For male it was £390.08, for female £385.84, a small 1.09% saving. Both of these quotes are quite a large increase from my renewal of £302 in September last year.

2nd in both lists was Egg, with £413.40 for male & £391.14 for female, a 5.38% saving.

Strangely, 3rd in the male list was Churchill at £443.08, but this was £460.04 for female, a 3.83% increase

Two other prices in the top 20 were higher for female, with three quotes being the same.

Overall the average saving over the top 20 insurers for a female would be just 1.98%, so not a huge amount.

Haven't tried this before, maybe the insurers have started adjusting their prices already.

In conclusion, the differences right now are not that significant, but insurance prices across the board are continuing to rise anyway.

difference is though when you bring it down to my kind of age... a girl i know is on a 1.6 pug and the insurance for that is nearly 2 k less than my 1.2!!! no brains behind that at all

[andyedge]

difference is though when you bring it down to my kind of age... a girl i know is on a 1.6 pug and the insurance for that is nearly 2 k less than my 1.2!!! no brains behind that at all

Wow that really is shocking :o . Sure would hate to be a young driver right now.

Does she or you have your parents as a named driver on your policy? This can make quite a diference.

[RCJ]

its stupid how it currently works,

a mate a work pays £1700 a year for a Golf 1.6, he's 23 with 3 years ncb,

he quoted his missis on the car... shes 22. 0 ncb, 2 write offs and 3 points, she was quoted £1450

how does that work?

[Nico.]

Wow that really is shocking :o . Sure would hate to be a young driver right now.

Does she or you have your parents as a named driver on your policy? This can make quite a diference.

i got my mum and dad under me on mine, both never had a claim in their driving lives... she is on her own... it takes something being with P if ya get me lol

[Magenta]

From my point of view (I'm in my late sixties) Nico's use of the word 'stereotypes'is right on the ball. Some young male drivers are certainly PERCEIVED to be a little reckless but this is not my experience out on the road (I used to cover 30,000 miles a year in company cars over a period of 30 years). Young female drivers, usually in small hatchbacks (like the Fiesta) tend to be more aggressive than male drivers. I am only reporting my observations. At the risk being accused of sexism, I can only put this down to their desire to try to prove something or other (sorry Kris ). I have even known 'old grannies' to drive like idiots,foot down to the floor. The thing is though, statistics can be made to show anything you like, in the case of insurance companies, to hike up a young males premium. As has been said, the insurance industry needs a good shake up.

[Parsons123]

Would or would'nt?

Wouldn't, woops aha

[Nico.]

From my point of view (I'm in my late sixties) Nico's use of the word 'stereotypes'is right on the ball. Some young male drivers are certainly PERCEIVED to be a little reckless but this is not my experience out on the road (I used to cover 30,000 miles a year in company cars over a period of 30 years). Young female drivers, usually in small hatchbacks (like the Fiesta) tend to be more aggressive than male drivers. I am only reporting my observations. At the risk being accused of sexism, I can only put this down to their desire to try to prove something or other (sorry Kris ). I have even known 'old grannies' to drive like idiots,foot down to the floor. The thing is though, statistics can be made to show anything you like, in the case of insurance companies, to hike up a young males premium. As has been said, the insurance industry needs a good shake up.

my point exactly... the more you think about it, insurance companies say there are too many 'boy racers' so we have to hike up our prices, the public believe that and its easy money for them... it really does my nut in... we was looking at a bigger engine than the 1.2 for me, but 5k insurance on my own first year for a 1.2?! that was pushing it too much, would hate to see what the bigger engines would of come out at, so settled for the 1.2 (82)... i was suppose to have a 'hand me down' from my mum too at first, a rav 4 2.0.. the cheapest quote was in the region of 25k for it, we then later sold the car (to mandy from shameless!!! haha) for 5 and abit... in theory wont I be safer in a big jeep that wasn't particularly 'rapid'?! argh i moan about this most nights hahaha :)

[andyedge]

I reckon you should pay lower insurance if you know the offside rule ;)

[Ryan9684]

i think younger people get screwed with insurance personally. I think insurance should depends on the car you drive and where you live, nothing else.

[MartynS]

Reading this thread I think I was young at the right time! (not that 24 is old mind ). My first 9 months (norwich union earn-ncb-fast thingy) when I was 19 with pass plus was just over £1k. End of last year I paid just over £500 for a year on my new car. By the sounds of things it will be loads more come renewal time the end of this year.

[Magenta]

When I was in my twenties (ok, it was a long time ago !), I used to dream of having high-powered cars and bikes when I was older with the 'cheap' insurance rates. Now I am 'older' (I still don't consider myself 'old') I still can't justify or afford to buy such vehicles ! It's a bummer really !

[KeithC]

my point exactly... the more you think about it, insurance companies say there are too many 'boy racers' so we have to hike up our prices, the public believe that and its easy money for them... it really does my nut in... we was looking at a bigger engine than the 1.2 for me, but 5k insurance on my own first year for a 1.2?! that was pushing it too much, would hate to see what the bigger engines would of come out at, so settled for the 1.2 (82)... i was suppose to have a 'hand me down' from my mum too at first, a rav 4 2.0.. the cheapest quote was in the region of 25k for it, we then later sold the car (to mandy from shameless!!! haha) for 5 and abit... in theory wont I be safer in a big jeep that wasn't particularly 'rapid'?! argh i moan about this most nights hahaha :)

I'll think you'll find that the National Statistics back up the insurance companies claims of "boy racers", as you put it, are the most costly to them, so why shouldn't they charge more. It's hardly unbelievable is it. Just because you don't do it, doesn't mean others don't do it, they obviously do.

It's obvious you don't agree with it, along with many on here, because you and others are of an age that are affected by it, but when you sit down and apply a bit of common sense to it, the methods they use are the correct ones.

i think younger people get screwed with insurance personally. I think insurance should depends on the car you drive and where you live, nothing else.

You are joking right?

Why should someone who has just passed their test pay the same as someone who has been driving for 30 yrs and never had a claim.

[Magenta]

I'll think you'll find that the National Statistics back up the insurance companies claims of "boy racers", as you put it, are the most costly to them, so why shouldn't they charge more. It's hardly unbelievable is it. Just because you don't do it, doesn't mean others don't do it, they obviously do.

It's obvious you don't agree with it, along with many on here, because you and others are of an age that are affected by it, but when you sit down and apply a bit of common sense to it, the methods they use are the correct ones.

You are joking right?

Why should someone who has just passed their test pay the same as someone who has been driving for 30 yrs and never had a claim.

Just to join in again, I think there is truth to both arguments. The point is, are the premiums out of proportion to the increased risk of younger drivers (male or female)? I agree, KeithC, insurance is (or should be) based soley on perceived risk although I still maintain that statistics, whoever produces them, can be shown to prove or exaggerate anything. This used to be used extensively by middle management of my old employer to show 'Metrics' of performance for publication for top management.

If an insurance company wishes to exclude a certain group then it is at liberty to quote astronomical figures to achieve that if it wishes.

[KeithC]

Just to join in again, I think there is truth to both arguments. The point is, are the premiums out of proportion to the increased risk of younger drivers (male or female)? I agree, KeithC, insurance is (or should be) based soley on perceived risk although I still maintain that statistics, whoever produces them, can be shown to prove or exaggerate anything. This used to be used extensively by middle management of my old employer to show 'Metrics' of performance for publication for top management.

If an insurance company wishes to exclude a certain group then it is at liberty to quote astronomical figures to achieve that if it wishes.

Of course they are, but nobody could deny that a group of people who are involved in say 50% more accidents than another group are a greater risk to an insurance company. Putting a value on that risk can only be done by the adjustments between premiums coming in and claim payments going out, something we'll probably never be aware off.

The thing is, they are a buisness and dependent on people like me and you giving them money. Unless there is a cartel between all insurance brokers and companies to fix pricing on young age groups, then by the very nature of the competition, they couldn't afford to offer very expensive insurance for young drivers as nobody would take the cover with them, that is unless they are not bothered if a certain group/type are on board, as I intimated earlier, as it's a way of not dealing with the high risk categories and sticking to the steady mainstream. If there is a cartel, why are they only applying it to the young ones, why not apply it to everyone, we couldn't do anything about it!

If I was just passed my driving test today, I'd do what I did 20 odd years ago, get a cheap runaround for a few years and build up my experience and no claims and have the car on TPF&T, not fully comp. The majority of people my age back then did that. But it seems a lot of the young 'uns these days want new cars or nearly new cars to be their first and obviously fully comp insurance and if that's the case then they are going to be in for a surprise when they are paying big money for the car and also big money for their insurance. 2 or 3 years of that, then you'll save enough money to go to the purchase of something newer and better and where the difference between TPF&T and new and old cars won't make such a difference.

[jmbrown91]

Just to throw my 2 cents in,

I got quoted £987.34 for a new Fiesta Titanium 1.6 TDCI with Dress Up Kit, Keyless Entry and Parking Sensors.

I'm only 20 been driving a year with 1 years NCB - that was with Elephant Insurance.

[Magenta]

If I was just passed my driving test today, I'd do what I did 20 odd years ago, get a cheap runaround for a few years and build up my experience and no claims and have the car on TPF&T, not fully comp. The majority of people my age back then did that. But it seems a lot of the young 'uns these days want new cars or nearly new cars to be their first and obviously fully comp insurance and if that's the case then they are going to be in for a surprise when they are paying big money for the car and also big money for their insurance. 2 or 3 years of that, then you'll save enough money to go to the purchase of something newer and better and where the difference between TPF&T and new and old cars won't make such a difference.

That is very true, you have a point. I did exactly the same, except it was more than 20 years ago. 'Fully Comp' as we called it was out of the question. I started driving on three wheels and that vehicle was over five years old. My first 'proper' car was eight years old when I bought it. TPO or TP,F&T cover was all that we considered. My first motorised transport was a 49cc moped and I still have the Halfords receipt showing "Insurance - 30 shillings (£1.50)" ! Things certainly have changed :D . I respect young peoples' desire to have something new or fairly new when starting out but they do have to pay the consequences in insurance.

[KeithC]

Just to throw my 2 cents in,

I got quoted £987.34 for a new Fiesta Titanium 1.6 TDCI with Dress Up Kit, Keyless Entry and Parking Sensors.

I'm only 20 been driving a year with 1 years NCB - that was with Elephant Insurance.

Hi James and welcome to the forum. ;)

Them 2 or 3 years in your age and a years experience certainly help cut the costs.

Was messing about before on some of the compare sites, a 18yr old in a 1.2 Corsa of 10 yrs old and value of around £1000 came in at £2600 (£1900 with mother as named driver) TPFT with Elephant. When I upgraded the car to a new 1.2 corsa and fully comp it came to £3600 (£2500 with mother as named driver)with Elephant. So all in all, not an inconsiderate saving.

Still on the old car, adding a couple of yrs to the age, ie 20 yr old, again with 0 NCD, it came down to £1350 (£1020 with mother as named driver)fully comp, again with Elephant.

Add 2 years NCD to that and it came to £1050 (£814 with mother as named driver)

Get those first 3 yrs out of the way and it helps a great deal, still not cheap, but as I said, there are cheaper ways of doing it.

In 1987, my first car was an 8yr old MKII Escort 1.6 Ghia with a value of £750 (wish I still had it). I was 20 and the insurance was £300 TPF&T. According to an online convertor, that is equivalent to £600 today. So, in all fairness and comparing it to James above and his new 1.6, it's not THAT bad now. but back then there wasn't the competition, the online comparison sites, everyone used to use the local brokers down the High Street.

[Ryan9684]

You are joking right?

Why should someone who has just passed their test pay the same as someone who has been driving for 30 yrs and never had a claim.

Why should a 40 year old who has just passed their test pay less than a 20 year old with 3 years accident free driving experience?

If you checked out the prices i'm sure you would find a 40 year old with 1 fault accident every year since they started driving would pay less than a 20 year old with no accidents, it makes no sense at all.

As someone has already said stats can be brought out to support pretty much anything you like, when there is an accident to they collect details of star sign and sexual preference, how about eye colour? What if there was more accidents of people who have blue eyes should they be charged more? Of course not. The fact is that young men get screwed over because nobody in any position to do anything about it actually cares.

[fordpartsman]

just did my renewal and mine in fully comp, 4 years no claims, protected no claims, 15000 miles a year, 350 excess and my premium was £780.99. and thats with courtesy car, legal cover, and the extra to cover my paint protection film