HIC, I pay £220 a year on my S1 with some mods, they did have a big claim hit them a while back so may have changed there policy on younger drivers.

You don't get no claims, but if your saving alot then who needs them, you only use them to get a cheap policy anyway.

The milage is limited to 7k a year I think, poss less, and they do ask the milage on renewal to see how many you did in the year.