Cheapest Insurance For 21 Yr Old With Bmw?

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bazz
bazz Posts: 116 Forumite
in Insurance & life assurance
Hya. Please does anyone know the cheapest place for car insurance for a 21 yr old for a BMW. He has been driving a few years. No claims, but never had insurance in his own name. Thanks
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  • Tahiti
    Tahiti Posts: 446 Forumite
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    That kind of depends on what BMW it is. My first port of call would be a price checking site like confused.com. If it's a high powered, desirable BMW (say a 323, 328 or M3 for example), I'd then try an insurance broker.
  • Astaroth
    Astaroth Posts: 5,444 Forumite
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    There is unfortunately no "cheapest insurer" - for a start many insurers review/ change their rates on a weekly basis if not more often.

    The only way to get the cheapest quote is to go round all the insurers on the internet/ by phone and get quotes from each of them. You could try an agrigator like confused.com but given the slating they have received recently I personally would just do the leg work myself.
    All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
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  • skiddy2k
    skiddy2k Posts: 1,627 Forumite
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    as Tahiti said, confused.com... other sites are https://www.moneysupermarket.com (go to insurance) and https://www.quotezone.co.uk/car-insurance.htm
    check Liverpool Victoria as well > https://www.liverpoolvictoria.co.uk/insurance/car_insurance
  • maclean2
    maclean2 Posts: 709 Forumite
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    Try https://www.eCarinsurance.co.uk who are new and quote very cheaply for fast carsfor under 25's.

    HTH
  • bazz
    bazz Posts: 116 Forumite
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    :T
    Thanks very much. Will try them all. Don`t need it quite yet, but it would be good to get some quotes. Many thanks
  • uberzoldat
    uberzoldat Posts: 203 Forumite
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    I am a 21 year old who drives a BMW. I have been driving it 2 and a half years though. I am with tesco, and the price is pretty good. Confused.com was very helpful too.

    What kind of BMW is it?
    Sometimes I feel like a pelican. Whichever way I turn, I've still got an enormous bill in front of me.
  • bazz
    bazz Posts: 116 Forumite
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    Hya. Do you mind me asking, are you insured on your own name, and roughly how much is your insurance? We did have my son on our name up until about a year ago, and his insurance was £1200, with Tesco using our no claims.
  • bazz
    bazz Posts: 116 Forumite
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    Sorry, its a 316i se.
  • uberzoldat
    uberzoldat Posts: 203 Forumite
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    Hi

    I am insured on my own name, and have been since getting my first car. I have four years no claims bonus, and my insurance is around £310. This is with business use, another named driver and some modification. It would be around £260 otherwise I think.

    My BMW is an e30 316. What year is your son's?
    Sometimes I feel like a pelican. Whichever way I turn, I've still got an enormous bill in front of me.
  • Tahiti
    Tahiti Posts: 446 Forumite
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    A 316 should be fine. Honestly, try one of the price checking sites for an idea of costs. You've got nothing to lose.

    At 21, I was driving a Group 16 car in my own name (hot hatch), and not paying much more than £1200 fully comp.
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