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That is correct, i am 18 and drive a cup, But my insurance is on a family only thing who my dad works for... Its very cheap, works out £750 a year and i get my no claims bonus if i have any thouch wood.
But get insured on your mums name and use the old school tricks that bring it down a few £100... Like u use another car at some other time..... Just play around with it online