May 15th, 2012, 12:59 PM
I'm 21 & have been driving for 2 years in September, I have a Mini one 2003! I usually check insurance regualary to keep an eye on it and recently I've noticed my quotes are atleast £200 more even with 2 years no claims? The lowest one off payments are atleast £1400 and I pay monthly so it will easily be £1600 plus! Currently I pay £124 a month so with a extra year no claims I expected it to go down :/! Any hints and tips and any particular insurance companies that are good for price would be great !
Thank you :)
May 15th, 2012, 03:32 PM
Shop around... Adrian Flux have a specialist MINI policy, so they're worth checking out.
Elephant and Admiral, despite not having the best reputation, are also generally quite cheap.
Are you using comparison sites? If so, which one? I've found Compare The Market returns the cheapest quotes, but you'll often find it even cheaper if you go to the individual insurers website and fill out your details direct (laborious but worthwhile if it saves you a few quid).
Welcome to the forum. :)
May 15th, 2012, 04:54 PM
My daughter got her renewal fron Admiral this morning
£1336.93.Was £1067 last year.
Went online to gocompare.com and inserted the same motor policy schedule details and best quote was £527.65 - and guess what from Admiral!!!!!!!
She has 2 years no claims,1 accident 20 years old driving a mini one with named driver,my wife on policy.
Phoned up Admiral and they went through all the details with me again and the online quote was correct and they would honour,only diff was she is now employed.They could not and would not explain why it was now one third of the cost,other than to say they are normally within £50-£100 of online price with policy renewals and that very rarly they are this far out.
Mid Life Mini
May 15th, 2012, 08:01 PM
It might just be down to the fact that the increase in your premiums has outstripped the extra bonus you have earned at this renewal.
Car insurance is a bit bizzarre the way premiums are calculated, one company may we way off the mark compared with another, just because they want to price their selves out of the market for that particuar risk at that time.
Add a parent or 2 onto your insurance as named drivers, the may never have to drive your car but adding an old fart to your insurance usually brings the premium down. I'm the old fart on both my daughters cars.
My insurance went up when I removed my ex wife from my car insurance, so I added a female friend on (she can drive but hasn't for years) she never drives my car but it reduced my premium again.