Great 'Young drivers car insurance savings' Hunt

rev_henry · 9 March 2011 at 3:10PM

MatthewGaskin wrote: »

I drive a kitcar (looks a bit like a Mazda MX5) which is insured via a special deal arranged by the owners' club. The prices are guaranteed (as long as no accidents or convictions) and are not postcode dependent. This deal is for club members only (so add twenty quid for membership).

A 17-20 year old, prepared to drive no more than 3000 miles a year, can get fully comp under this scheme for under £451 (£318 for third party fire & theft). The excess is £350.

This is because kitcars tend to have been lovingly hand-built by the owners, sometimes over many years. So they're not the types to risk bending them; the premiums reflect this!

I'd have loved to get insured in a convertible at 17 and there's no cheaper way to do it. Older kitcars come in far cheaper secondhand than 'normal' cars and, if you get one with a good reputation, are often stronger/safer as they're over-engineered.

It's actually cheaper for me to insure my convertible kitcar, with a 2 litre engine (v quick!) than it is to insure my 'normal' Citroen 1.4 diesel!

What car is this please?

Is it a Quantum? Yes I'm fairly sure it is now. You may have just found me my next car.

rev_henry · 9 March 2011 at 3:12PM

Jenna_of_Usk wrote: »

It might only help a few people... but we belong to the NFU & their car insurance is good value. We drive an old Ford (1.4L). We pay £220 a year fully comp for me & my husband. We paid £200 extra (again fully comp) for our 20 year old son to drive it. Last summer he bought his own car (old Polo) & pays £1000 a year fully comp. it includes 3rd party for him to drive any other car.

Young drivers can get some great prices with NFU but last time I tried they said they would ONLY cover under 25 year olds if their parents were already with them. Also are you sure about the DOC provision? Usually only applies once you are 25...

coldjim · 9 March 2011 at 3:29PM

MatthewGaskin wrote: »

I drive a kitcar (looks a bit like a Mazda MX5) which is insured via a special deal arranged by the owners' club. The prices are guaranteed (as long as no accidents or convictions) and are not postcode dependent. This deal is for club members only (so add twenty quid for membership).

A 17-20 year old, prepared to drive no more than 3000 miles a year, can get fully comp under this scheme for under £451 (£318 for third party fire & theft). The excess is £350.

This is because kitcars tend to have been lovingly hand-built by the owners, sometimes over many years. So they're not the types to risk bending them; the premiums reflect this!

I'd have loved to get insured in a convertible at 17 and there's no cheaper way to do it. Older kitcars come in far cheaper secondhand than 'normal' cars and, if you get one with a good reputation, are often stronger/safer as they're over-engineered.

It's actually cheaper for me to insure my convertible kitcar, with a 2 litre engine (v quick!) than it is to insure my 'normal' Citroen 1.4 diesel!

I'd like to know more about this too mate!
how do we go about getting a 'kitcar"?

ettevy1983 · 9 March 2011 at 3:47PM

what is the NFU?

Also any tips for me 1.4 fiesta wil have 5yr NCB by june worried as last year it went up from £450 to £700 (that was th 10% off deal with first direct) did a few quotes the other day as I heard insurance had gone up again and the cheapest was £1200 :eek::eek::eek:

I will be 28 when I renew with 7 years driving never had any claims drive 8000miles a year and am a student and live in liverpool city(Postcode L6)

I thought by 28 I wouldn't be classed as a young driver but dont think it changes till 30 years?

lisyloo · 9 March 2011 at 3:52PM

National Farmers Union

http://www.nfumutual.co.uk/about/company-information/about-us/company-heritage.htm

bfree15 · 9 March 2011 at 4:11PM

I am a 20 year old female with 2 years no claims and the last time I renewed my car insurance it was for just under £500.00 fully comp with a £250.00 mandatory excess with Admiral. The car was bought new in 09 and is in insurance group 4. I insured for 8,000 miles. I put both my parents on the policy as additional drivers even though they rarely drive my car, they both have over 20 years no claims. I used about 5/6 price comparison websites and your other insurers like Direct Line and Aviva as suggested in the guide on MSE website. I found a cheaper quote then my renewal price and Admiral price matched.

I have never had to pay more then £500.00 for my car insurance since I began driving at 17.

lisyloo · 9 March 2011 at 4:14PM

I have never had to pay more then £500.00 for my car insurance since I began driving at 17.

That's partly because you are female.
There are also massive variations due to postcode.
Other people are clearly seeing MUCH higher premiums.
But - good for you :-)

ettevy1983 · 9 March 2011 at 4:32PM

I suspect mine is postcode but I can't move so never mind lol

Is there any way apart from these kit cars that companies won't take into account the postcode???

rev_henry · 9 March 2011 at 4:37PM

coldjim wrote: »

I'd like to know more about this too mate!
how do we go about getting a 'kitcar"?

Buy a ready-made one off ebay or pistonheads. As long as it was made properly! Years ago my dad was sent out to get a family car (when I was a baby) and came back with a rather bodged Dutton.

coldjim · 9 March 2011 at 5:05PM

i've been looking for insurance and im getting prices such as £4000/£5000!!?? how do i get this down???

Great 'Young drivers car insurance savings' Hunt

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