Michael,
It's really unfair to pay more in insurance premiums than how much you've paid for your car. It's just that you're paying for the mistakes of other new drivers who drive carelessly and subsequently car insurance companies have to pay out in claims. So now they've increased the premiums for young drivers and the only way to get cheap quotes is by proving to them that you're a good driver. You do this by earning no claims bonus but it takes at least 2 years worth of NCB to get decent quotes. Just hold on tight!
