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post #1 of 16 (permalink) Old Feb 20th, 2018, 10:00 PM Thread Starter
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Insurance company for 21 year old

Hi all,

Have taken the plunge and finally got myself an R53 (well, almost!)

Should be picking the car up in just over a week but I need to sort insurance. Iím 21 with no claims in the last 3 years (2 claims in the last 5 stupidly) but just wondering where might do me a good deal for the insurance?

Thanks for any help in advance


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post #2 of 16 (permalink) Old Feb 20th, 2018, 10:38 PM
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I'm with the brokers Adrian Flux who have placed it with the insurer Ageas. Not sure how Flux are with 21 yo. There is a whole section on MiniTorque on insurance which I found quite useful when I was looking. Are you thinking of modding it? Lot easier if you aren't, well not for a while. As I recall with my kids, 25 seems to be a watershed.

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post #3 of 16 (permalink) Old Feb 21st, 2018, 08:02 AM
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Mate , good morning.....

I don't want to **** on anyones parade but I reckon you should check insurance "before" you buy this car.

In fairness my r53 was pretty cheap for me to insure compared to other motors i have had....but I can tell you I have a 23yo guy i work with who has a vw polo 1.4 with a years ncb and is paying circa 2.5k a year.( and has to have a little black box fitted )

How much you will have to pay depends on a number of factors. The insurance company you go with, Age , location, job, where the car is kept overnight etc.

Now, not that I am endorsing anything dodgy or advising you to lie.......but there are a number of things you can do to assist in getting your quotes down......

1) a job title that has nothing to do with transport. ( I am in telesales, ugetme? )
2) do not add commuting ( I have commuting on mine but it is cheaper if you do not have it on your policy )
3) The car is garaged ( Mine isn't and i haven't lied or told them it is...but this will lower any premium if you have one )
4) lower estimated yearly mileage ( The key word here is estimated...estimates can be lower or higher after all )
5) Modifications (All i will say is this.....To an average joe and egg looks like an egg...I mean, how are you supposed to know that its got a double yolk by looking at it from the outside if it looks like every other egg?..Maybe someone else bought you this egg...or it wasn't described as a double yolker........You will be asked whether the car has been modded. . . You should answer to the best of your ability as either as an average joe or a qualified egg farmer...your choice....Just remember, chicken eggs and ostrich eggs look different )
6) Register the car and your insurance at your second home in a lower crime area
7) Put a named driver on the policy ( Believe it or not, I put a friend on my insurance so he could drive the car back when i bought it... And my quote dropped by £150...he has zero ncb and was younger than me too .. go figure )...

And finally number 8 , probably the best overall choice.....................

8) Sorry for this one but..........Buy a less sporty car ( cheap hack run around until you are 25,when you enter the next bracket to have your insurance lowered )

Either way, however you get on.... I wish you luck.... and if money is no object then crack on!!

Best

Peppers

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post #4 of 16 (permalink) Old Feb 21st, 2018, 08:16 AM
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Quote:
Originally Posted by thn123 View Post
Hi all,

Have taken the plunge and finally got myself an R53 (well, almost!)

Should be picking the car up in just over a week but I need to sort insurance. Iím 21 with no claims in the last 3 years (2 claims in the last 5 stupidly) but just wondering where might do me a good deal for the insurance?

Thanks for any help in advance


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https://www.planinsurance.co.uk/
worth asking about

Albert Einstein: The definition of insanity is doing the same thing over and over and expecting different results.
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post #5 of 16 (permalink) Old Feb 21st, 2018, 11:10 AM Thread Starter
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Originally Posted by Peppers Pray View Post
Mate , good morning.....

I don't want to **** on anyones parade but I reckon you should check insurance "before" you buy this car.

In fairness my r53 was pretty cheap for me to insure compared to other motors i have had....but I can tell you I have a 23yo guy i work with who has a vw polo 1.4 with a years ncb and is paying circa 2.5k a year.( and has to have a little black box fitted )

How much you will have to pay depends on a number of factors. The insurance company you go with, Age , location, job, where the car is kept overnight etc.

Now, not that I am endorsing anything dodgy or advising you to lie.......but there are a number of things you can do to assist in getting your quotes down......

1) a job title that has nothing to do with transport. ( I am in telesales, ugetme? )
2) do not add commuting ( I have commuting on mine but it is cheaper if you do not have it on your policy )
3) The car is garaged ( Mine isn't and i haven't lied or told them it is...but this will lower any premium if you have one )
4) lower estimated yearly mileage ( The key word here is estimated...estimates can be lower or higher after all )
5) Modifications (All i will say is this.....To an average joe and egg looks like an egg...I mean, how are you supposed to know that its got a double yolk by looking at it from the outside if it looks like every other egg?..Maybe someone else bought you this egg...or it wasn't described as a double yolker........You will be asked whether the car has been modded. . . You should answer to the best of your ability as either as an average joe or a qualified egg farmer...your choice....Just remember, chicken eggs and ostrich eggs look different )
6) Register the car and your insurance at your second home in a lower crime area
7) Put a named driver on the policy ( Believe it or not, I put a friend on my insurance so he could drive the car back when i bought it... And my quote dropped by £150...he has zero ncb and was younger than me too .. go figure )...

And finally number 8 , probably the best overall choice.....................

8) Sorry for this one but..........Buy a less sporty car ( cheap hack run around until you are 25,when you enter the next bracket to have your insurance lowered )

Either way, however you get on.... I wish you luck.... and if money is no object then crack on!!

Best

Peppers


Thank you very much for this, I work in car sales (big uh oh) but all in Iíve just had a quote from Adrian Flux for £900 for the year on this car. I was a bit shocked and maybe some charm played a part but this is with a 5k Miles a year limit (I have a company car so should be enough). Car on the drive, no additional drivers, Fully comp, no black box, £375 excess.

Thanks to @NigelK for the recommendation.

Pretty chuffed. Comparethemarkets cheapest with no box was £1750!


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post #6 of 16 (permalink) Old Feb 21st, 2018, 11:33 AM
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Love it Peppers Pray

I am an honest person but when dealing with a business which revolves around dishonesty, discrimination, dishonour and many other thing beginning with dis, I feel absolutely no remorse playing them at their own game

In fact you have to do it just to get back on a level playing field. not even to get an advantage.

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post #7 of 16 (permalink) Old Feb 21st, 2018, 02:16 PM
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Originally Posted by thn123 View Post
Thank you very much for this, I work in car sales (big uh oh) but all in Iíve just had a quote from Adrian Flux for £900 for the year on this car. I was a bit shocked and maybe some charm played a part but this is with a 5k Miles a year limit (I have a company car so should be enough). Car on the drive, no additional drivers, Fully comp, no black box, £375 excess.

Thanks to @NigelK for the recommendation.

Pretty chuffed. Comparethemarkets cheapest with no box was £1750!


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if work in the trade maybe a trade policy tailored to your needs ie they do selling cars as a home trader i know someone who has one £700 per year covers any car all do is add cars as when to it, that link i added before for plan insurance or trade x worth asking,
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post #8 of 16 (permalink) Old Feb 21st, 2018, 02:58 PM
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My 21yo daughter has just bought a full comp ins policy for a MC '07 with one year unprotected NCD and a few extras like keys, legal protection etc. She's put me and her Ma on the named drivers and it came out at 740gbp. Last year she had a Citroen C2 1.4d and her cheapest quote was 1080, with a Black box. Try going faster than 70 in one of these anyway.

Hastings. No black box. 375gbp compulsory Excess - but what else can we expect? It's still cheaper than last quote and a far better car.

Oh - she got a quote from the current insurers (Admiral) online and it came out at 93 per month - about £3 more than her current policy on the C2. When she rang to confirm they quoted 135 per month - because the online deal was only for 'new' customers - as an existing policyholder, she couldn't get the deal. Utter farce, she told them politely to er, not bother.

So - Shop around.
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post #9 of 16 (permalink) Old Feb 21st, 2018, 07:04 PM Thread Starter
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Thanks @mike1967 - I will have a look at these. Might be able to get myself onto works trade policy but can't ask too much when I have a company car!
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post #10 of 16 (permalink) Old Feb 21st, 2018, 07:07 PM Thread Starter
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Originally Posted by Austin_CS View Post
My 21yo daughter has just bought a full comp ins policy for a MC '07 with one year unprotected NCD and a few extras like keys, legal protection etc. She's put me and her Ma on the named drivers and it came out at 740gbp. Last year she had a Citroen C2 1.4d and her cheapest quote was 1080, with a Black box. Try going faster than 70 in one of these anyway.

Hastings. No black box. 375gbp compulsory Excess - but what else can we expect? It's still cheaper than last quote and a far better car.

Oh - she got a quote from the current insurers (Admiral) online and it came out at 93 per month - about £3 more than her current policy on the C2. When she rang to confirm they quoted 135 per month - because the online deal was only for 'new' customers - as an existing policyholder, she couldn't get the deal. Utter farce, she told them politely to er, not bother.

So - Shop around.

This is very true. I think some of it comes down to statistics i.e. the C2 being a popular first car/more young drivers in them and therefore they are involved in more accidents then the insurance hikes. They do have us bent over a barrel but I have to hold my hands up and say I did c**k up when I had freshly passed and was let rip in a 125bhp Fiesta!

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post #11 of 16 (permalink) Old Feb 21st, 2018, 07:16 PM
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For reseans unknown it can be a good wheeze adding parents as named drivers. Not sure with Flux though. I think that £900 sounds a great premium. My MINI was a second car so I was starting with zero NCD as my 9 years is on the other car. Even at my advanced years I was getting breathtakingly horrible quotes. One was £2,000!!!!!

I renewed with Flux in December for £437. All mods declared, quite a few, power and handling, plus agreed value of £4,500.

Does yours include 3rd party on any car? Maybe not. If it does they have a stonking additional add-on - fully comp on any car lent to you with a max per claim value (that is, as in comp, on the car you are driving, not the 3rd party amount) of I think £25k for £21 per year.

I am gutted as I really want and need it to drive one of my sons classic Mini and his Caterham 7. But I didn't realise you have to buy it within 14 days of taking out/renewing your policy and I missed it. Aaaaaargh! That is such a bargain.
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post #12 of 16 (permalink) Old Feb 22nd, 2018, 08:21 AM
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Have you tried A-Plan? You're gunna get stung at that age with claims and no no claims to back it up but they look after all of my boss' cars
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post #13 of 16 (permalink) Old Feb 22nd, 2018, 01:39 PM
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Have you tried A-Plan? You're gunna get stung at that age with claims and no no claims to back it up but they look after all of my boss' cars
Do you not read through a thread before you post a reply? And how old is your boss, 21?

He has 3 years no claims:
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Hi all,
Iím 21 with no claims in the last 3 years (2 claims in the last 5 stupidly)
For his age he already has, in my humble opinion, a very reasonable quote from Flux, which it is extremely unlikely he will better:
Quote:
Originally Posted by thn123 View Post
Iíve just had a quote from Adrian Flux for £900 for the year on this car. This is with a 5k Miles a year limit (I have a company car so should be enough). Car on the drive, no additional drivers, Fully comp, no black box, £375 excess.
Another attack of Ed Zachery Moff?
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post #14 of 16 (permalink) Old Feb 28th, 2018, 10:13 AM
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Do you not read through a thread before you post a reply? And how old is your boss, 21?

He has 3 years no claims:


For his age he already has, in my humble opinion, a very reasonable quote from Flux, which it is extremely unlikely he will better:


Another attack of Ed Zachery Moff?
Whoops sorry read it in a hurry and misread! Not sure what you mean by Ed Zachery but no attacks here I assure you, I'm all about peace
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post #15 of 16 (permalink) Old Feb 28th, 2018, 12:48 PM
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Originally Posted by NigelK View Post
yours include 3rd party on any car? Maybe not. If it does they have a stonking additional add-on - fully comp on any car lent to you with a max per claim value (that is, as in comp, on the car you are driving, not the 3rd party amount) of I think £25k for £21 per year.
Wow that is a great deal even at 10 times the cost. Will have to look into it next year as been offered / asked to drive a car a few times but not happy to without insurance

Depending on the car you are trying to insure couldn't this be abused? For example if you have a £25k hot hatch or some other high risk car you could "give" it to a relative, buy a cheap car insure that, then drive the hot hatch fully insured at the cost of insuring the cheap car

Edit: never mind I assume the borrowed car has to be insured by its owner

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Last edited by Jackdaniel; Feb 28th, 2018 at 09:34 PM.
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