Insurance newbie advice

LactoseTolerant

Hello,

I have decided to finally get a car, managed to spend most of my adult life avoiding it so far.
I am 40, had a license for 7 years. Never owned a car, was briefly a 2nd driver on a family members car that I drove for about 7 months, that was about 3 years ago. Only used my license for rentals when on holiday.

So I have 0 years no claims and it seems the only quotes I am able to get are around 3K mark.

Is this the cost it takes to start driving? The cars I was looking at are all in the region of 4-8K to purchase and the quotes on them are all about 3K annually to insure. Do I have any options here? Any advice would be appreciated, thanks in advance!

Phoenix72

Where have you been getting quotes from?

Is there a family member with driving experience you can put down as a named driver, this often reduces the price.

What type of cars are you getting quotes on, maybe steer away from the popular 'new driver' cars (fiesta, corsa etc)

Brie

Maybe you need to take the same route as those trying to insure a 19yo's car.  Get something that is really boring to drive.  Alternative may be to get someone else listed on the insurance.  Sometimes having a spouse, parent, etc also on the insurance makes you look more stable.  

DullGreyGuy

LactoseTolerant said:

Hello,

I have decided to finally get a car, managed to spend most of my adult life avoiding it so far.
I am 40, had a license for 7 years. Never owned a car, was briefly a 2nd driver on a family members car that I drove for about 7 months, that was about 3 years ago. Only used my license for rentals when on holiday.

So I have 0 years no claims and it seems the only quotes I am able to get are around 3K mark.

Is this the cost it takes to start driving? The cars I was looking at are all in the region of 4-8K to purchase and the quotes on them are all about 3K annually to insure. Do I have any options here? Any advice would be appreciated, thanks in advance!

What car are you looking at?
Any other negative factors you're having to declare other than 0 NCD? Prosecutions, claims, points? Live in London? Professional sports person? CCJs?


Doing a random search on a 2012 Polo for a married driver renting their home in a town in the middlands on confused.com comes out at £460 with no NCD 

LactoseTolerant

Thanks for the responses, I do live in London. I guess this bumps up the insurance quotes?
I have no prosecutions, claims or points on my license. Not a professional sports person, no CCJs.

It could be that the cars I checked were on the higher end to insure? To be honest, just been looking at 2012+ Mercedes and BMWs

Just run a quote on a 2014 Polo and it is the cheapest I have come across so far at 1100!

jimjames

I think that sort of premium sounds about right for a driver with 0 NCD living in London. Higher premiums for higher risk cars which BMW and Merc are especially if parked on street

lordmountararat

just been looking at 2012+ Mercedes and BMWs

Well, there's the explanation for your high quotes; and living in London will be a big negative.