Yes, I know this belongs in 'insurance', but I was so impressed I thought you would all want to hear this:

To renew my coupe insurance I have been quoted £540 fully comp. Even 3rd party F and Theft would have been £320 (I wouldn't do that, I'm just illustrating). Anyway - a few days ago I bought myself a little Cinquecento Sporting to take care of the 10 miles a day commuting (sitting in a jam) and to do little trips to the dump or to tennis (potholed carpark). The little thing only cost £700 and does about 40 mpg even in town. I figured the amount of wear and tear I would save on my coupe, combined with the petrol savings and the fact the coupe will now only be used for longer runs and be even more cost-efficient as a result - all of that would more than pay for the low tax and insurance on the Cinquecento. Anyway, by putting the insurance in my wife's name, the the Cinqy only cost £130 a year 3rd party via Provident even though I didn't apply any no claims discount to it. I thought that was good.

Anyway, the plot thickens. My wife (who owns a n/a coupe) was so impressed that now she has a Cinqucento sporting too!!! (4 cars - yes I know we are mad - and both the Cinqos are yellow like her n/a!). This got me thinking. I decided to do a quote on a multicar policy via Admiral. These were the costs when insuring the 4 cars separately:

My turbo - £540 comp
Wife's n/a - £450 comp
Both cinqos - £130 each 3rd party

TOTAL = £1250 p.a

Here is the cost of insuring the cars as a multicar policy:

My turbo - £266 fully comp
Wife's n/a - £284 fully comp (dunno why more than mine)
Both cinqos - £109 each 3rd party F and Th

TOTAL = £768 p.a (i.e. £220 less than insuring the 2 coupes would have been separately alone).
NOTE: All 4 cars are insured at 5000 miles each p.a. which is plenty in all 4 cases.

Obviously you will all have different details to me, but the point is that depending on your mileage/commuting distance, etc. it is well worth considering buying yourself a little group 1 or 2 car - far from being a luxury it can actually make owning a coupe MORE affordable. My wife's sporting was only £400 and is a beauty. I'm 6'4" and not only can I drive it comfortably, I can sit easily in the back when she does! They are great fun to chuck around too and both cars have new head gaskets and brakes - mine is also lowered, has a stainless, Abarth body kit and big alloys as well (I couldn't resist)

An added extra bonus is that after spending a couple of days in a cinquecento, the coupe looks and drives like the starship enterprise - the chances of me feeling like I need to spend money on styling and mods now are nil - I will never take it for granted again.

Sorry about the long post, but for some of you this could be worth thinking about.

result!

you've got your insurance on 4 cars down to half of the price of my insurance for 1 car

Yeah I tried Admiral for my Carina and my GTI but they were very expensive, so I got a separate classic policy on the pug. I am now paying less on two cars than I was on the 20VT despite writing off the coop in December.

I've been thinking about trying one of these policies. Now I have the coop, the MX5 and her punto. In total its around £1400 at the mo i think so might a be a small saving in there. Thx for sharing that

May be worth trying Direct Line also.
We have just bought our first Coupe and I was originally quoted £1600 fully comp, as it is my first car and I don't have any no claims.
My other half had our house insurance and his car with directline so we had quotes for multi car with them.

We had a discount for having home insurance with them, multi car discount, and partner discount (you have to live together for this).
My Coupe now costs me less than £500 a year (it's the 20v Turbo kind), and his primera costs us £320 per year.

May be worth checking all this out if your other halves have cars too.

I presume the downside of a multi-car policy is that if you have a prang you lose your no claims (unless protected) on all cars, rather than just one?

Yes - although it is protected on all of them in our case.

I can add to this! I have multi car insurance with Greenlighht, (is not the same as the above) they mirror my no claims on the coupe for the second car! I have six years no claims on the coupe and have just crashed the bravo. I have lost the mirror and will not get it back again! Will have to give the above mentioned a ring me thinks!

I must say that Direct Line are excellent. I am 21 and drive a '06 2.0 TDI Golf (Group 13) and a 20V NA Coupe (Group 17) with 4 years NCB and only pay a total of £530 to cover both cars (the coupe is limited to 15,000 miles a year though).

I think their quote is really good value for money given my age, and when many insurers want more than that on the Golf alone.

Stunning price, you must live in insurance Utopia land

Lol, it's a bit like that. I live in the middle of nowhere in N Wales.

I've plumped for the Group 1 car - make it easier on the coupe option!

I was very tempted to get a cinqey but the head ruled the heart and I've got a Nissan Micra 1.0 L for £595. It's a fridge on wheels, but I decided to go for the indestructable Nissan build quality.

It all means I can fluff up the coupe a bit and save it for weekends. As mentioned above it may even save money - V power alone was costing me £1500 a year.

Thanks thats really helpful. I'm 22 and paying just over £400 a year for a 1.3 fiesta (fully comp with 3 years ncb). I'm looking into getting a 16vt with a friend to do the student gumball rally, but funds permitting i'll buy his half after

I've been getting quotes in the region of £800 fully comp for the coupe but hopfully i can get a quote somewhere near matt_27 (wishfull thinking) which will enable me to keep the fiesta as a run around and the coupe for fun/longer drives.

To be honest in university cities you will struggle on a multi-car insurance policy. I know when I was at uni in Liverpool the insurance on the Golf alone was well over £900 and the Coupe was considered uninsurable, despite ironically the car probably being more secure as it was kept in a locked car park as opposed to a driveway.