Reminds me why insurers charge 15 grand for a 17-year-old to drive a Suzuki Wagon R. OK so they may charge you 15 times the car's value. They don't necessarily mean they think you will write it off 15 times a year. A pal of mine back in the 80s had a 1976 Mk. III 'coke-bottle' Cortina. He didn't take much care of his brakes and at a T-junction failed to stop and as a result caused, with his £500 jalopy, £8500 worth of damage to a Rolls-Royce.
That was in 1988. With inflation imagine what that would be now.