Don't go on your parents insurance, this is known as loading and insurance companies are now wise to it.
You will find that the policy is more expensive than it would be if you follow my simple steps.
Trust me, these steps will save you money.
My daughter had the same car, same age, same driving experience, and we got hers for £925, fully comprehensive, in her own name.
And by law, they are no longer allowed to charge a different price on gender.
Same price for boys and girls.
1. Use the comparison sites, go compare, confused.com, moneysupermarket etc.
I prefer confused.com as it's easier to change things around to see if you can get a better quote, and always seems to come out the best.
2. Just this single step alone will reduce the policy significantly.
Put two older people on your policy. They will have to be 50+, been driving forever, with no accidents, claims or convictions. They will need their own vehicle.
They don't have to be related, it could be your next door neighbour, but it looks better on paper if they are your parents or grandparents etc.
Adding any more than two people, will do nothing for the premium, and may actually put it up a little.
3. Be realistic with your estimated mileage, don't put 20,000 miles if all you're going to do is 8,000. However, don't lie. Don't put 8000 and then do 15,000. In the event of a prang, the insurance company could refuse to pay out. It does only have to be an estimate, but it has to be a realistic one.
4. Play with the voluntary excess. Adding loads to your excess may actually put the premium up (believe it or not). Try varying amounts of voluntary excess. you'll probably find £300 or £350 will yield the best results.
5. Now the sickener. Don't give in to peer pressure.
Opt for the little black box.
This will shave anything like £300 off.
Do this for two years, after two years, the savings will drop to about £20.00, so not worth it, opt out only then.
The black box also acts as a tracker, so in the event that your car is stolen, the insurance company will know where it is.
If your'e worried about peer pressure, then don't tell anyone.
Be warned though.. drive like a nob, and the insurance will know about it.
Do 100mph and they will cancel your policy.
6. Join Quidco or TopCashBack. There are incentives for taking out new policies. As much as £75.00 cash back.
It may be, in your case that the companies offering cash incentives are far too expensive for you, however, you may drop lucky.
Don't be afraid to spend a little more to get a cash back incentive.
Eg Aviva might quote you £1000 but no cash back.
Esure might quote £1050, but with £75 cash back, making another £25.00 saving.
7. And finally, watch out for all the extras the insurance company might want to sell you. Breakdown cover, Legal Cover, Courtesy car, European Cover etc etc.. all this can add another £120 back on, so consider opting out.
Good luck and let us know how you got on.
