Has Been Dissuced Before

[TWR]

Rip Off this morning, young persons talking about the cost of Insurance & getting ripped off, saying the Insurance was more expensive than the car they had, Is it fair to the Young? it has been said that they are involved in a lot of accidents, should it be that for the first 3 years they can not drive a car above 950 / 1000cc? this way they learn how to control their way of driving thus helping themselves to get a cheaper Insurance.

[EcclesCake]

As I recall his premiums were modest.

Until his insurance was revoked following the five stationary car incident.

[Islay]

I think this needs putting in a bit of prespective.
When I passed my testing at 17 years old and 17 days, I had a 650 fiat 126 - that cost me £350 TFT to insure.
Given inflation and wages increase etc I am sure in real terms that its not far off what is being paid today!

[ToraToraTora]

the value of their car is irrelevant it's the damage they can do with it to people and property. Their insurer must cover all eventualities, eg they kill a heart surgeon in their £500 banger = £ 5m up the pictures. That's what they pay for and the stats back up the insurers, QED they hit things.

[EDDIE51]

^ TTT has the point here, a new young driver in a £500 banger could hit or swerve into a Bentley Continental worth £500,000 and cause personal injury to the driver and passengers that cost £millions.
As I said earlier , a driver under 20 has a one in three chance of an insurance claim accident in a single year.

[kvalidir]

Actually my insurance was about £1250 when I passed my test a couple of years ago in a 1200cc diesel which was a year old. As my Dad has garages etc we went through a ton of cars young and old and found the newer the car the cheaper it was by and large. A Fiesta I had a quote for was well in excess of £2k. Made no sense to me, as my little car zips along. What DID make an enormous difference was postcode. I think if you gave most young people an initial flat rate that was affordable and it didn't go up unless they caused an accident ( and then it sky rockets) they'd pay attention to that. I know I look after my no claims.