Car Insurance Help

mancdude

Hello,

I'm a relatively new driver (1 yr 4months) aged 32. I've been using my wife's car for the last year as a named driver with Hastings, however in June we're moving home and so I need my own transport to get to work.

Having looked online, I'm aghast at how much my insurance premiums will be. I'm not sure if there's something I'm missing, so I was wondering if someone can point me in the right direction.

I've looked at a 1.0 Toyota Aygo, and a Hyundai i20, both of which feature prominently on 'cheapest cars to insure' articles across the web, however the lowest premiums I'm finding are £1,800+ fully comp with a £3,000 excess (Moneysupermarket & comparethemarket). I've read the average insurance premium for young, new drivers is just over £800 per year so does anyone know why (aside from location, which seems obvious) my insurance is so phenomenally high?

Even stranger is that when I add my father as a named driver, who has over 20 years NCD, the premiums go UP. Further to that, the car would be locked in a garage overnight however if I change this to 'on the street' it goes DOWN slightly. I'm properly confused!

I know each quote is bespoke, but anyone had a similar issue and can help me achieve a lower quote??

forgotmyname

Excess is too high which increases the premium.

Locked in a garage can increase the premium also.

They create a list of cheap to insure cars, people buy them and damage them and the premiums increase.

You chose the wrong cars.

Cheapest insurance when my little one passed was sub 1000cc cars, after a year it was sub 1400cc cars with the sub 1000cc cars being far more to insure.

The cheapest car was a brand new one.

Aretnap

"Cheapest cars to insure" articles are usually based on insurance groups - which are little more than a marketing gimmick used by manufacturers of small engined cars. Insurers set actual prices based on their own experience of claims with that sort of car, rather than on the basis of insurance groups. Rather than looking for the lowest insurance group car you migt be better looking at stereotypically "grown up", "middle aged" cars - a low spec Ford Focus, or maybe an old Volvo estate - something that screams "I'm not a boy racer". Basically if you can imagine your grandad driving it, it's worth a look.

Parking in a garage or on a driveway is often less risky than parking on-street. Partly because modern cars are virtually impossible to steal without the keys, so most thefts take place when the thieves break into a house to steal the keys, and if the car's on street it makes it difficult to guess which house you need to break into. And partly because the number of people who take their wing mirrors off reversing into their garages/driveways outweighs the number of people who have their parked cars hit by a drunk driver or vandalised - especially if you live in a vaguely nice area where there aren't too many drunk drivers and vandals around.

mancdude

Thanks both for the responses. I appreciate there must be a few 'how can I get cheap insurance' posts on here but despite searching I couldn't quite find anything that resembles my situation. It's good to get the perspective though, I'll take this on board and see where it gets me

loftykins

where did you see that young new drivers pay an average of £800?
I passed at 46 and the old Focus I started off with was nearly £1k then.

I doubt any new young drivers are looking at les that £1000 these days.

forgotmyname

My little one was around £900 for a 10 month bonus builder policy.

But i did put about 100 quotes through the comparison site. Just because there are 2 identical cars for sale doesnt mean they will both be the same to insure.

A while back i did a quote on 2 seemingly identical Ford KA's.
both 2004, black, LX models, same engine etc etc.. No difference at all. Yet one was more expensive to insure than the other.

With 1 year no claims the quote are coming about £20 less than last year on the same car, but dearer for cars we considered last time.