Newbie

[Zedebee]

Im 19, paying 3.6k a year, 1 year ncd. Tbf i got quoted 3k on the focus, varies alot by area. At my dads house i was quoted 7.5k.

Ouch, my son’s was about £900 at 19, now down to just under £600 three years later. It’s a normal policy with Admiral and he didn’t have any NCD. His quotes for “normal” cars were much higher. I really don’t understand how the insurance companies set their premiums,

[Scubaregs]

So in the first year you’ve given the insurance company more than the car is worth, and they know full well any little dink will be a write off. So worst case for them, they give you 3/4 of that back.
Thieving gits!

What if he runs into a Ferrari, or badly injures another road user? The insurance companies risk is not limited to just the Z4.

[enuff_zed]

So in the first year you’ve given the insurance company more than the car is worth, and they know full well any little dink will be a write off. So worst case for them, they give you 3/4 of that back.
Thieving gits!

What if he runs into a Ferrari, or badly injures another road user? The insurance companies risk is not limited to just the Z4.

Yeah, but be realistic, the car owner doesn't give a toss, all they see is their cost.

[Pondrew]

When you think that 'any' repair to any car these days is £1000 minimum to insurers and a 19 year old male is about as high risk as they come (no offence to the OP, it's just the way it is statistically) then the premiums make sense a bit.
I have a 17 year old daughter. All of her age group peers are passing their tests. I know of at least 4 already who have had accidents. All quite minor but will result in claims.

If body repair and mechanics didn't charge £200 an hour and parts weren't rip-off money, maybe insurance premiums would be quite a bit lower all round.