Can’t believe how some of you younger drivers can even get a quote for golf gti let alone ones in the 4 and 5 hundred fange
Insurers use multiple risk factors when calculating premiums and driver age is only one of many factors used. Garaging postcode is a risk factor that can make a huge difference to premium - a mature driver living in a high theft risk area could quite easily pay a higher premium than a younger driver in a low theft risk area.
Lots of other risk factors will also influence the premium; e.g. number of claim free years, other drivers named on the policy, occupation, marital status, annual mileage driven, use of the vehicle, voluntary excess chosen............and the list goes on.
Many people don’t consider the traditional way of buying car insurance through a high street broker these days when buying cover. However, many high street brokers have access to specialist segments of the car insurance market that can quote competitive premiums; e.g. specialist scheme arrangements with some insurers, and / or access to insurers who specialise in insuring performance cars.
Always shop around and shop widely (and wisely) - especially at insurance renewal time, as some insurers ‘buy in’ business in the first year at very competitive premiums, and then apply significant increases at renewal. So never just let your insurance auto-renew, otherwise you could end up paying considerably more than you were paying the previous year.
