Car Insurance for 18 year old - any ideas how to (legally) reduce it?

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Car Insurance for 18 year old - any ideas how to (legally) reduce it?

92 posts & 49 voices | Started 6 months ago by large418 | Latest reply from flow

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large418 - Member

OK, so my 18 year old lad has passed his driving test, and he's been given the option of a 2006 Fiat Panda (nice primrose yellow model) 1.1L. Cheapest insurance quote so far is £2700 TPF&T. So that's a non starter then.

Have been using several of the online comparision sites to get quotes, but even playing the various options (putting his mum as the main driver and him as a named driver, Third Party only, etc, the quotes are not coming down. I keep hearing other parents say "getting son insured added £700 to the premium - WTF!". How have they managed that then?

Anyone got any ideas or favoured insurance companies for a cheapish quote? I was hoping to get a policy for £1000, but it now seems he's going to have to pay a lot more than that. He's a student, living away from home during the week, and at home at weekends.

Haven't tried NFU yet....

Posted 6 months ago #
yunki - Member

sell the car and get him a bike

insurance - negligable

Posted 6 months ago #
Surrounded By Zulus - Member

Additional training such as pass plus can reduce it by a fair old amount.

Posted 6 months ago #
maccruiskeen - Member

Have you looked into these Smartbox gizmos that Cooperative insurance are doing?

Posted 6 months ago #
mrmo - Member

does it have to be that car? it might be worth thinking about more unusual choices not necessarily small engines either.

I don't know, but do any of the manufacturers offer deals on new cars with insurance to 18year olds? i am thinking peugeot used to do something on the 107?

Posted 6 months ago #
supertacky - Member

Go third party only. The cars not worth anything anyway.

Thats what we did.

Posted 6 months ago #
uplink - Member

We got our daughter covered for £650 with insurethebox.co.uk

Posted 6 months ago #
downs523 - Member

Wouldn't add him as the additional driver and mum as main as its illegal ( if he's gonna use it the most!), pass plus will reduce it a bit, add a female additional driver with him as the main will help(middle aged or older is best with a clean licence and no claims),

Posted 6 months ago #
spacemonkey - Member

Car Insurance for 18 year old - any ideas how to (legally) reduce it?

Wait 25 years.

Posted 6 months ago #
steveh - Member

I'd do fully comp instead as it's very often cheaper. Apart from that you need to contact brokers and get on the phone, the comparison sites aren't great for young drivers.

Posted 6 months ago #
Gribs - Member

The £700 to add was probably on a car they already had and used themselves. Don't put his Mum as the main driver if she's not (that's fraud) but it can be helpful to have older drivers with clean records on the insurance to bring the price down, even if they only drive it very rarely.

The only way you'll likely get it much cheaper is with one of the limited mileage black box policies which also restrict when it's driven but even that is likely to be close to £2k.

Posted 6 months ago #
emac65 - Member

Go for an insurance company that has a tracker fitted,usually means he won't be able to use it between 11pm & 5am(& that's no bad thing imo).This cut my son's insurance for his Clio down from £3,200 to £1,550.TBH third party made little difference to his so we went for fully comp with £600 excess...

Posted 6 months ago #
Simon_Semtex - Member

Supertacky....

Third party only? WOW! Really impressed that you are 100% certain that your daughter will in no way be to blame for any accident that she might be involved in during the next year.

The idea of having to stump up cold hard cash in compensation for an entire new rear wing of a 2011 Bentley that my 18 daughter (in her 5 year old Ford KA) just happened to scrape as she reversed out of a tight parking space just freaks me out. Thats what Fully comp ins is for.

Posted 6 months ago #
uplink - Member

the Bentley owner would be the 3rd party covered

Posted 6 months ago #
steveh - Member

Errr no simon-semtex that's what third party insurance is for. Fully comp insurance is for covering the damage to your car.

Posted 6 months ago #
alpin - Member

Simon_Semtex - Member

Supertacky....

Third party only? WOW! Really impressed that you are 100% certain that your daughter will in no way be to blame for any accident that she might be involved in during the next year.

The idea of having to stump up cold hard cash in compensation for an entire new rear wing of a 2011 Bentley that my 18 daughter (in her 5 year old Ford KA) just happened to scrape as she reversed out of a tight parking space just freaks me out. Thats what Fully comp ins is for.

err no....

3rd party cover the damage caused by the driver. often for fire and theft too, but not for the damage they caused to their own car.

fully comp is for those who are shit drivers. why else would you insure yourself against damage you cause to your own vehicle?

Posted 6 months ago #
tails - Member

The idea of having to stump up cold hard cash in compensation for an entire new rear wing of a 2011 Bentley that my 18 daughter (in her 5 year old Ford KA) just happened to scrape as she reversed out of a tight parking space just freaks me out. Thats what Fully comp ins is for.

Should have driven off it's the done thing now!

Posted 6 months ago #
Sandwich - Member

Mum named on the insurance. Google group 1 insurance cars, not all the 1.1 Fiats are in this group.

Not much help to you but for others reading insure the young driver as a learner before they pass their test. Our 18 year old had a month insured as a learner and £300 was taken off the price for solo driving when he passed.

Posted 6 months ago #
large418 - Member

Still £2751 with the Coop and a Smartbox gizmo. Insurethebox next.

Thanks for the help. Might be cheaper for him to move house!

Posted 6 months ago #
Stoatsbrother - Member

That's £50 a week. How much does he need a car?

Taxis and public transport and wait till he is 21?

Posted 6 months ago #
emac65 - Member

fully comp is for those who are shit drivers. why else would you insure yourself against damage you cause to your own vehicle?

Why, cos sometimes people hit your car when it's parked & then drive off even though they've caused 2K's worth of damage....Durrr

Posted 6 months ago #
totalshell - Member

reduce the mileage/ value/ select the most appropriate address as his home

Posted 6 months ago #
Cougar - Member

Older car?

Posted 6 months ago #
large418 - Member

He certainly doesn't need a car £2700 worth. I might be swapping the car usage around a bit in the household (I get 2 cars through work, which wife and daughter use - one of them can use the Panda and son can use a work car (this is fully legit before anyone assumes it isn't). I get to use my bike for work, as usual!

Posted 6 months ago #
totalshell - Member

was going to suggest gender reassignment but having just checked witha quote ofr an 18yr old girl 1000 excess 1000 value thrid party only i was quoted 2800 to 5300 for third party only!! makes the 105 quid i paid for that old mini 31 years ago seem like good value.

Posted 6 months ago #
oliverd1981 - Member

Move house, preferably to a farm so you can join the NFU.

Have you tried looking at a better car ? I would imagine lots of claims are made by Panda drivers as they're probably more likely to spin off the road, catch fire or just get abused. Get his mum to Start the car up for him in the morning and park it up when he comes home - she'll be driving it twice as many times a day...

Insure him on a classic for about 300 miles a year and just keep it in the garage till he finishes uni to start building some no-claims?

Posted 6 months ago #
oldnpastit - Member

Paid just under £1k for my 17yr old son's insurance on the co-op with the horrid black box. It doesn't do many miles, and we agreed not to drive often between 11pm and 6am.

I try to avoid using that car now, as I hate the way it thinks my driving is rubbish, but he uses it as much as he can.

Posted 6 months ago #
alpin - Member

Why, cos sometimes people hit your car when it's parked & then drive off even though they've caused 2K's worth of damage....Durrr

to cause 2k worth of damage to any of my last three motors you'd have had to do more than write them off....

or you could move to a nicer area or park at the back of Tescos carpark and walk an extra 50m when you go shopping....

Posted 6 months ago #
uplink - Member

Why, cos sometimes people hit your car when it's parked & then drive off even though they've caused 2K's worth of damage....Durrr

MIB is an option in that case I believe

http://www.mib.org.uk/Home/en/default.htm

Posted 6 months ago #
emac65 - Member

I think a village is missing it's idiot............

Posted 6 months ago #
TheBrick - Member

1. Pass plus / AMI
2. Third part only.
3. Black box thing.
4. classic car.

Simon_Semtex - Member
Supertacky....

Third party only? WOW! Really impressed that you are 100% certain that your daughter will in no way be to blame for any accident that she might be involved in during the next year.

The idea of having to stump up cold hard cash in compensation for an entire new rear wing of a 2011 Bentley that my 18 daughter (in her 5 year old Ford KA) just happened to scrape as she reversed out of a tight parking space just freaks me out. Thats what Fully comp ins is for.

You appear to not understand what third party insurance is.

Posted 6 months ago #
uplink - Member

I think a village is missing it's idiot...........

Well thought out reply there,
if all you can manage is insults as a reply, I'll leave you to argue with yourself

Posted 6 months ago #
Cougar - Member

MIB is an option in that case I believe

MIB would cover damage to your car from uninsured drivers. I don't think it'd cover that sort of situation.

Posted 6 months ago #
uplink - Member

This seems to suggest it would be an option to try

http://www.mib.org.uk/NR/rdonlyres/031A958B-1950-4064-8367-EAE93C4DB5AE/0/FAQGuaranteedFund.pdf

Posted 6 months ago #
anto164 - Member

Pass plus dropped my first years insurance by a grand.

Because of the price of insurance, i encourage everyone under the age of like.. 21 to wait to get a car. It's nigh on impossible for people to afford car insurance at the age of 17/18 now, unless parents are wanting to pay for it.

As for insurance, fully comp is normally cheaper than TPFT.

Posted 6 months ago #

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