I'd say that the UK car insurance market is just as confused as the US. I have and MX5 (Miata). I know plenty of other people who are:

- younger than me
- have more valuable MX5s than me
- live in more "risky" areas

Yet for some reason they get lower insurance quotes than me. It makes no sense.
_________________________
Remind me to change my signature to something more interesting someday