INSURANCE

Mar 25 2020

Mini first insurance group #Mini #first #insurance #group



Mini first insurance group

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1.6 mini for first car (17 year old) Watch

Run some quotes yourself. It could vary considerably depending on where you live and your gender (males have higher premiums), as well as factors like where the car will be kept when not driven (influences theft risk). Also, you didn’t even say the year or model of the car.

A Mini is probably on the expensive end considering it’s a premium car and it’s a 1.6 which is towards the larger end of the spectrum for 1st cars.

(Original post by TheMindGarage)
Run some quotes yourself. It could vary considerably depending on where you live and your gender (males have higher premiums), as well as factors like where the car will be kept when not driven (influences theft risk). Also, you didn’t even say the year or model of the car.

A Mini is probably on the expensive end considering it’s a premium car and it’s a 1.6 which is towards the larger end of the spectrum for 1st cars.

  • Study Helper

I used the following to get a quote for you from money supermarket just now:

Car Mini Cooper 1.6 (2005 reg) with Thatcham Alarm, no mods, current value £2000;
Student living at home, UK born resident, nearly 18, full UK licence held for 2 months, zero no claims bonus, no previous accidents;
Home: Outer London suburbs, car parked on street at night;
Social, domestic and commuting use, annual mileage 8000;
Voluntary excess £750

Quotes came in at (cheapest first):

£5,400 Co-op Young Driver Insurance, with Telematics box
£6000 Model Driver Insurance, with Telematics box
£9,500 My Policy Insurance, with Telematics box
£13,900 GoGirl Insurance, no box
£15,700 Complete Insurance, no box

(Original post by uberteknik)
I used the following to get a quote from money supermarket just now:

Car Mini Cooper 1.6 (2005 reg) with Thatcham Alarm, no mods, current value £2000;
Student living at home, UK born resident, nearly 18, full licence held for 2 months, zero no claims bonus, no previous accidents;
Home: Outer London suburbs, car parked on street at night;
Social, domestic and commuting use, annual mileage 8000;
Voluntary excess £750

Quotes came in at (cheapest first):

£5,400 Co-op Young Driver Insurance, with Telematics box
£6000 Model Driver Insurance, with Telematics box
£9,500 My Policy Insurance, with Telematics box
£13,900 GoGirl Insurance, no box
£15,700 Complete Insurance, no box

  • Study Helper

OP has to seriously manage his expectations downwards for a first car without needing to take out a mortgage.

17 – 21 age group is the highest risk with >50% guaranteed an accident in the first 6 months.

Mini is a high risk (brisk performance) car.

Student living at home.

What can possibly go wrong?

  • Political Ambassador

I had a Polo as my first car and was very cheap to run and very reliable. Insurance was about for the first year £1,700 which isn’t cheap but a lot cheaper than what’s been quoted above. Fuel costs were also low as it was a 1.2L.

I’ve recently upgraded to a newer VW Polo too. They’re very reliable and not too expensive to run.

  • Political Ambassador

(Original post by qasim_96)
I had a Polo as my first car and was very cheap to run and very reliable. Insurance was about for the first year £1,700 which isn’t cheap but a lot cheaper than what’s been quoted above. Fuel costs were also low as it was a 1.2L.

I’ve recently upgraded to a newer VW Polo too. They’re very reliable and not too expensive to run.

I wouldn’t bother getting a car.. When I was 17 and passed my test, I had a car for just under a year, but I got rid of it because I only used it a few times a week to go to the shops (within a bus ride/cycle away), or to college (about a 15 minute train journey away).

I’m just going to wait until I have finished University to buy a car. There really is no need at all to buy one at your age unless you live in the middle of nowhere and have poor transport links.

Save yourself the expense and risk of an accident!

(Original post by TheMindGarage)
Run some quotes yourself. It could vary considerably depending on where you live and your gender (males have higher premiums), as well as factors like where the car will be kept when not driven (influences theft risk). Also, you didn’t even say the year or model of the car.

A Mini is probably on the expensive end considering it’s a premium car and it’s a 1.6 which is towards the larger end of the spectrum for 1st cars.

males have higher premium: This practice was made illegal a few years ago. Insurers are no longer allowed to be gender biased in their pricing. If your insurer is acting illegally then report them.

A Mini is probably on the expensive end considering it’s a premium car: A mini is definitely NOT a premium car. A BMW or Porsche would be premium, but by no stretch of the imagination does a mini count as premium. For the avoidance of doubt, this is a mini.

and it’s a 1.6 which is towards the larger end of the spectrum for 1st cars: I never considered anything less than 2L particularly large. 1.6 sounds average. A 1.6 is perfectly reasonable for a first time car, so long as its not modified, tuned etc.


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