I don't want to be knocking on the door of self-promotion. But I'm 23 and was able to get insurance for almost bang on £1l. I cover a fair bit of it in my
video, but the key take-aways/things I've noticed to save you time:
- There's a HUGE price hike under 23. Most insurers use this as a cut-off point for 'Performance' Cars which the Model 3, Tesla falls-under
- I found a big shift in pricing going between leasing the car, and owning it outright. With it being significantly more favourable to the latter.
- I didn't find Job Title to affect it too much. I had mine down as Company Director which usually have the highest rates, but it was still very decent.
- Having at least 1 years NCB makes a huge difference. I was lucky to have 2, to bring over to my policy from my Suzuki Swift.
- And then the basics for a young driver getting insurance, adding 2 parents/guardians as named drivers makes a difference, living in an affluent Post Code helps, going fully comp over third-party etc.
Direct Line wanted to have nothing to do with me because of my age. Confused, GoCompare kept pushing me towards Churchill, which I ended up with. And when you do, you can haggle down the price even further by telling them on the phone you've got Autopilot.
It's 100% doable. But there's a hard cut-off at 23 where the prices rocket from £1k to around £3-5k as quite a few insurers just refuse to cover you at all.
Also expect a high excess (Around £1k)