I've just passed my driving last month on second try and I'm starting to look at small cars to insurance. I'm 22, and I'm looking at a 1.2 Grande Punto, but I live in a terrible post code area for driving insurance. My neighbourhood is actually one of the cleanest and safest places I have ever lived in, but since the post code has a bad risk code, everyone gets punished, and hence, I can't find insurance cheaper than 5 grand and that's with my dad as second driver!
So a friend of mine who lives a few streets away from me (same postcode) recently told me about co op young drivers insurance (blackbox), and how his insurance is only £1800 for his first year on a 1.4 MK 5 Golf (higher insurance group). So I gave that a shot, put in my mileage as 8,000 and my dad as 2,000 on the Punto 1.2 since he will also be driving now and then to save on fuel, plus he has tons of no claims and could make it cheaper. But nope, 3.9K?! On a 1.2 Punto that struggles with more than 3 people in the car!! Also tried 1.0 Corsa's and Clio's, but to no avail, maybe a £100 cut but that's it. (my family and I have never had any convictions or points or accidents)
So I went back and asked my friend how the heck he got it this cheap, and he mentioned that he put in his miles as 'under 1,000' and his dads miles as '12,000'. That's why he get's it so cheap, but surely Co-Op can't have such a flawed system where people can just get away with it that easily? Do they have some sort of ID system that recognizes who's driving? Because that just sounds ever so silly. He's coming up to his 9th month and he's even earned some discounts for good driving! So sinister, and then there's me who can't get insured until I turn 30 years old!
Can anyone out there with Co-Op young drivers insurance shed some light on this situation? Have you tried this, or know how this works, or know of anyone that has tried this? Surely it's fraud, but so many people are getting away with it!
Also, are there any good cheap alternatives?
(Also posted this on another forum searching for answers)