I received my car insurance renewal the other day. I've been with the same company, Admiral, for years and the renewal is normally much lower than anywhere else. However, this year they quoted £758!!!.
Yes, I had recently had an accident where my car was written off, but it was a no fault claim that was fully recovered from the third party and concluded in my favour (not be my fault).
I had a look around and have managed to get new insurance from AXA for just £295 protected fully comprehensive. Just shows you.
Anyone else had any silly insurance quotes?
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How old are you now Steve?
Insurance companies really don't want to insure young new drivers these days, so they quote really silly numbers to try and put them off. Often the year's insurance will cost more than the value of someone's first car. Someone I used to work with passed their test aged 18. The bought an old Vauxhall Astra for about £400, and the insurance was £1400!
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Insurance does drop in price past 21, but it will still be high until you have at least 5 years No Claims Discount, and will fall the most once you reach 30. But new drivers will always be high. 17-18 year olds can expect to pay £2000+ these days.
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