Car Insurance (Under 25s)

Rhydem

Is £1,500-2,500+ really the lowest I'm going to be able to find for car insurance?

If I can get lower please point of some times for example the type of car to purchase etc.

Really disheartened by the cost of insurance for young-drivers being so so expensive.

Wh05apk

Might help if you gave a clue as to your age, NCB, area etc?

Ultrasonic

According to the following report, average insurance cost for 23-29 year-olds is £738.93, and 17-22 year-olds is £1,210.54:

http://www.moneysavingexpert.com/news/insurance/2013/07/car-insurance-costs-falling-sharply-aa-says

But without you telling us more about your situation no one can really comment meaningfully. In addition to questions above, how long have you been driving, have you had any accidents/claims, what car do you currently have and your job (assuming you're employed)?

Edit: Oh, and I assume you've got the figures you quoted from a comparison site like Go Compare, Moneysupermarket or the like rather than just phoning one or two companies?

FreddieFrugal

Age 21 - £1400
Age 22 - £1100
Age 23 - £750
Age 24 - £340

So I've beaten the average figures.

Tips: small cars aren't always cheaper to insure - switching from Fiesta to Focus resulted in big drop in premiums even with a much more powerful engine

Add someone more experienced as a named driver- I just added my girlfriend who's one year older and had licence 1 year longer - knocked £100 off premium.

Play with excesses - I got mine cheaper one year by going for £500 excess but cheaper the next by DROPPING it to £250

Drive safe, watch out for morons and make sure you're not one of them so you build up that no claims bonus.

Rhydem

Sorry, then I'm clearly unaware to how this works.

Age: 22
No claims: As I've never driven
Years had license: 2 years
Occupation: Student (Postgraduate, but at home) - however finishing next month
Ermmmm, park on road.


Yes, I just used compare sites.

I have parents who have 10+ years No claims.

But thank you for the responses.

adamc260

Rhydem wrote: »

Sorry, then I'm clearly unaware to how this works.

Age: 22
No claims: As I've never driven
Years had license: 2 years
Occupation: Student (Postgraduate, but at home) - however finishing next month
Ermmmm, park on road.


Yes, I just used compare sites.

I have parents who have 10+ years No claims.

But thank you for the responses.

Their NCD means nothing on your policy, make sure you are listed as the Main driver if you are otherwise you may be fronting the policy which is a big no no.

I'm 24 and pay approx £320 a year but have 7 years NCD now, no accidents/convictions.