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whats wrong with car insurance prices?

Hi, i sold my car ( MG ZS + 1.8 ) Quite a big car and high insurance group, i was paying £75 a month to insure it through kwick fit, i am now trying to insure a small 1.4 peugeot 206 but my quotes are comein out at about £200 per month!! how is this possible? i need to insure this car for my new job that starts next week but i cannot pay this much! i am a 21yr old male if that helps

Public Comments

  1. Insurance companies are major corporations, and major corporations are GREEDY.
  2. When you sold your car, did you leave your insurance in place and transfer it to your car you have now? If not, and you canceled your policy, you are starting over as high risk since there was a gap in your insurance coverage.
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