Thats ridiculous, but unfortunately I am not surprised....
10 years ago when I insured my first car I had to pay £1600 for the year and that was just a basic Citroen Saxo which was only £8,000 if brought brand new out of the showroom.
Since then, insurance prices have done nothing but increase. I have read a few articles about this and most companies are putting drivers prices up and up at each renewal, depsite them accumulating another years no claims so you would expect it to go down!?
Sadly, I dont know what the answer is but please let us know what you settle on as I am curious to know what price you do find....