Viewing 16 posts - 1 through 16 (of 16 total)
  • young driver insurance
  • ian-r
    Full Member

    Has anyone out there gone through the horror of getting insurance quotes for a new driver. Daughter has passed her test and was going to get a Micra or something similar but insurance looks unaffordable.
    Any advice on where to look/best quotes etc gratefully accepted.

    Thrustyjust
    Free Member

    Bell and Admiral groups are the usual suspects. Passing her test is more expensive as she is now independant as she has passed. We paid for the first year £1400 for a £500 polo TPFT after her test. We got a better deal with Diamond ( another part of the admiral group I believe) for the second year and weirdly the third year now is with halifax .

    aracer
    Free Member

    Two obvious things to try. Look at insurance for a car which isn’t something lots of young drivers crash (ie something a lot more boring). Try adding a parent as a named driver (note not the other way around).

    Sandwich
    Full Member

    Micras are group 6 if the old K11 type. Fiat Panda 1.1 and a Corsa have group 1 rating. Mrs ian-r will be the cheaper addition to the insurance! Us blokes are regarded as a menace on the roads, like dogs with children we are!

    sadmadalan
    Full Member

    Regardless of how hard you look it is going to be expensive. We ended up with the Co-op and had a tracker fitted to the car which monitors the driving habits – if you drive well then you may get a refund of what you have paid – drive worse and they may ask you for more money. The insurance needs to be in the name of a parent. In our case (two boys under 21) it brought it down from “How much – you could buy …. with that” to “Sodding expensive!”

    PeterStarkiss
    Free Member

    Ian,

    Have been through this twice and the best advice I can give is check out insurance costs on different vehicles before you buy the car.

    Last time we did this discovered that a Suzuki Wagon R was bargain basement on insurance costs. OK it’s not exactly cool but it turned out my daughter loves it and it’s a brilliant little car.
    1.3 litre, low gears so it’s not fast and only four seats so you can’t fill it with loads of friends.

    We ended up with a multi car, multi driver policy through Admiral which brought the cost down a bit more. In rough figures £800 fully comprehensive with three drivers covered.

    You have possibly hit the timing when female insurance is equalised with male insurance.

    purpleyeti
    Free Member

    sadmadalan

    having the insurance in the name of a parent and the child as a named driver on anything other then your main car is insurance fronting and could lead to the insurance being invalid and no one wanting to insure you or the child for a long time

    large418
    Free Member

    Yes, it is expensive.

    We went to “Insure” or someone for my lads first year, and it was £2300 for a Fiat Panda 1.1. Adding his gran to the policy took it down £600 even though she will never drive the car. He was a student (occupation does matter, so try a few to see what works and what your daughter could get away with)

    2nd year (just renewed) is £700 through “Insure the Box” who fit a tracker and give you bonus miles etc for carefull driving (it’s a limited mileage to 8000 policy. Same car, one years no claims. “Unemployed” status took this up by £160 (he has just got a job so he is expecting a refund!). ANother provide wanted £600 more if he was unemployed!

    And if you do have a little accident, any damage less than £1000 is not worth claiming for (although you mustn’t hide it from the insurance company!)

    Robbing barstewards.

    dave360
    Full Member

    PeterStarkiss – ditto. No.2 son has just gone though the process. Turns out its much cheaper for him to have both parents included on the policy (800 quid less!) In fact it was even cheaper to have his 27 year old brother as a named driver too, until they found out that he had a child under 16, whereupon they added 100 quids. Krayzee.

    project
    Free Member

    sadmadalan

    having the insurance in the name of a parent and the child as a named driver on anything other then your main car is insurance fronting and could lead to the insurance being invalid and no one wanting to insure you or the child for a long time

    From personal experience i know this to well, my dad bought my brother a newish ford escort on hp, and put him down as a named driver, a few months later brother totalled car,made a claim off insurance, and they refused to pay out except for passengers broken arm and damage to fence and recovery, my dad then had to make the payments for the next few years for HP ,for a scrapped car.

    Caused a major financial crisis for us.

    Buy a new car and get free insurance, corsa, or peugot.

    joshbosh12
    Free Member

    Have you tried Co-op, they were real cheap for me.

    enigmas
    Free Member

    *17 year old driver here*

    Try asda. I’m paying 1.6k for a 1.2 corsa sxi (stereotypical boy racer car) without parents on the policy as my mum doesn’t drive and dad wrote his car off on ice the month before. They’ve also offered an 800 quid renewal quote next month with a years no claims and the EU ruling being passed.

    One of the main things that knocked it down was occupation. If she has say a Saturday job in retail put that down instead of student. Also it’s about £150 extra per 1000 miles so if she’s not going to use it that often then you can save money there as well.

    Finally be careful with trackers, I was looking at them but they have so many restrictions. Obviously the speeding ones are fair but getting penalized for driving at night or suddenly accelerating to get out of a junction?

    sandal100
    Full Member

    I did my pass plus just after I passed. That took £200 off the premium which the insurer refunded. That was 7 years ago now though so don’t know if it will yield the same results!

    ian-r
    Full Member

    Cheers. Useful advice gratefully accepted.

    RopeyReignRider
    Free Member

    Although I’m not young exactly (32) I’ve only had my licence a year a managed to get cover for a 3 series coupe after only 8 months of driving for £780 ish from Admiral. Prior to this Tescos was by fat the cheapest for my first car – a beaten up old Astra..

    Ceebug
    Free Member

    Unfortunately young drivers present a very high risk, are responsible for most crashes and push up premiums for everyone else.

    People may feel the premiums are unfair but the company I work for (and most others I know of) do not profit from selling car insurance. This is a fact. Companies were engaged in aggressive price wars in the past that kept premiums artificially low, but now they are more realistic. Unfortunately many do not want to accept this truth.

    The risk increases many times over if the young driver is driving at night, and again if they are carrying friends as passengers.

    When accidents happen the claims bills regularly run into hundreds of thousands or even millions of pounds due to high legal and medical costs of innocent third parties who are injured, often needing lifelong care.

    For a young driver with zero no claims discount and no Pass Plus any premium below £2k is pretty reasonable.

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