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Do you think car insurance is expensive for young people?

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  • onomatopoeia99
    onomatopoeia99 Posts: 7,159 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I don't know if this thread is still active or read but for the reference:
    I own a £1600 motorcycle and I got quoted £3500 a year for insurance, let's assume it halves the next year I would be at around £5000. You can see how ridiculous this is? This is for purely Third Party cover. I could wreck my bike into a car total both of them and most likely still come out better by paying from the pocket than to take this insurance....
    Or you could drive your bike into a pedestrian and they sustain life changing injuries, the cost for which runs into seven figures.

    Even if you hit my 18 year old car and I was uninjured, the cost to your pocket if you were uninsured would be well over the £5000 you quoted.
    Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 2023
  • Norman_Castle
    Norman_Castle Posts: 11,871 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I don't know if this thread is still active.........
    Stick to one thread. https://forums.moneysavingexpert.com/discussion/5810679
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