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Its that part of my life when I get to have to worry myself to death over cars, driving, insurance etc for my eldest, who turns 17 later this month. I was maybe going to see if I can pick her up a cheap runabout to get the wheels turning.
But can car insurance for a new driver for a car worth £1500 really be between £1000 and £1300??!???!
we're back to the Young Ones quote thread:
third party !
Yeah. Its going to be 3rd party, most definitely.
Value of car has nothing to do with it. It's he value of what they hit(high) Vs the potential risk (high)
If it was a HSE risk matrix it would be a * do not do this task*
The cost of the car you’re driving is irrelevant it’s a tiny fraction of anyone’s premium - what does it matter what his car costs if he runs into the back of a Ferrari? Or hits a bus queue? The costs of death and injury make replacing and repair cars pretty trivial
you’re not going to see a big saving on a 3rd party policy
Doesn't sound too bad to me tbh. Min'e not a million miles off that and I've not been 17 for a long long time...
Min’e not a million miles off that and I’ve not been 17 for a long long time…
what have you been doing wrong?
mines more that a £1000 less than that!
🙂
Yeah. Its going to be 3rd party, most definitely.
Ah, sorry - I meant that's why it's expensive
3rd party might be cheaper now but over a few years the effect of a no claims bonus (if they don't hit anything) means it's cheaper long-term to go fully comp.
Plus £1200 is not much more than I paid for car insurance as an 18 year old back in 1999 so it's not unreasonable to my ears!
If my insurance was still 1000 I wouldn't own a car . It's silly money
But a necessary evil to get started
It drops rapidly provided you don't qcrash.
From about 22 I have been sub 500 on interesting stuff (quotes on a WRX Impreza were 450)
On the stuff I end up buying 150-300quid ....that price hasn't changed for about 10 years
Reluctant jumper that makes no sense you still get NCB for third party . I think your confused with fronting which is illigal because it's fraud
To break ourselves in gently to teenage car insurance, we;ve been just getting Veygo insurance for our learning-to-drive son on our 13 year old petrol run around (which he'll eventually get)....been circa £130 for 3 months. Once he's passed Im expecting the £1000+++ insurance
As you've discovered, the cost of insurance can easily outweigh the cost if the car. Unfashionable models will be cheaper to insure. Avoid things the boy racers buy. That doesn't necessarily mean it has to be small and sluggish either.. My daughters first year was with a Tracker. That worked for her but check for curfews and whether your daughter uses any roads that have a high accident rate as those my introduce unsustainable restrictions.
What's the car? That's potentially going to make a big difference.
I was paying around that 30 years ago as my postcode was NE and at the time an NE area was the joyriding capital meant I paid through the nose.
My eldest is 17 and we’ve the joy of her insurance coming up once we can get her lessons again
3rd party might be cheaper now but over a few years the effect of a no claims bonus
No claims is no claims nothing to do with the insurance type.
Sounds quite cheap to me. Students I teach quote 2K regularly. Found out why expensive at Christmas when four 17 year olds flipped their car outside my house. Chasing another car down my narrow terraced road 1.30am, totalled their car (everyone got out of sun roof) and smashed up 4 parked cars. Police, ambulance, tow trucks, road damaged and recreational drugs left at scene. All taxed, insured and all students were OK. We were all 17 once.
Black box an option?
Slight thread hijack - like @nuke I use Veygo for learner driver insurance for our learner. Rather than getting full insurance once she passes, have been thinking about just adding her occasionally a la Veygo.
Is there an app or similar where you can simply buy add-on insurance for the day/weekend/etc?
It does sound quite reasonable to be honest. Factoring in inflation it's well below anything I was quoted at 17. Especially if it's fully-comp, that's a straight no for anyone in their teens. It's just the way it is and always has been.
That really doesn’t sound too bad I’m afraid.
Also, don’t rule out fully comp, it may not be as much extra as you’d think.
Don't rule out a fully comp policy. If I cast my mind back a long way, I'm sure I had insurance that was cheaper as fully comp. Something along the lines of you are likely to present less risk if you are actually caring about insuring yourself as well.
Facing that this next month, and expecting £1500.
Having worked in motor claims in the past and seen way too many pics of the damage young drivers cause to their passengers, I know exactly why it's the price it is.
How many 17 year olds actually need to drive these days?
Just because she is old enough to drive doesn't mean she has to!
One more car on the road is not really what we need right now.
Presumably doing Veygo means they won't accrue any no claims so will still have to take the hit at some point?
Worth checking sites/firms that do daily rates and even cheaper when you determine what times (i.e. not evening or at night), so not cheap if you / daughter drive every day but worth looking at while learning.
One more car on the road is not really what we need right now.
There is this too, which I think is always worth putting some thought into. Put her on your insurance and let her take your car every once in a while. Buy her a bike with the change.
Our 17 yr old son was due to sit his test around now, obviously pushed back due lockdown, and we’ve got a 66 plate Ka+ that we inherited from my late FIL in December that we have hung onto for him. Currently he’s a named learner driver and the car is in my wife’s name, and on an Admiral fleet family policy that’s in my name. As a learner it costs us about £200 extra per annum, however once he passes his test it will be an additional £1800 or thereabouts...
One more car on the road is not really what we need right now.
You can learn to drive without owning a car.
I don't quite get teens getting a car when they pass their test, I passed at 17 but didn't get a car until I was 21 and working, I didn't need one whilst at university and could borrow my parents cheap metro when needed (but not the Volvo).
Not everyone has the advantage of good local transport links and a job/education within easy walking or cycling distance.
Learning to drive when your young makes later life easier.
Sil didn't learn as a teen and is now trying to learn along side her job fighting for the evening lessons that everyone wants.
Then work send her away on an assignment somewhere else and she lets the driving lessons slip......
Back to square 1.
Much easier as a teen to get the ticket.
I don’t quite get teens getting a car when they pass their test, I passed at 17 but didn’t get a car until I was 21 and working, I didn’t need one whilst at university and could borrow my parents cheap metro when needed (but not the Volvo).
My daughter is 17 and working as well as in education she can’t borrow our car as the insurance won’t cover her. Not everyone has the same circumstances.
@scotroutes That is a common argument trotted out and for a tiny tiny segment of the UK population it might be true. For most it's a justification to do something they would rather do over any alternative. That's fine but people need to be honest with themselves and realise they are part of the reason our country looks like it does. I totally put myself in this bracket as we are a 2 car household.
Thanks all, good advice as per. Does she need a car right now? Probably not. Point above was well made and definitely something I'm thinking.
I didn't get a car until my final year at uni, despite passing at 17.
I refuse to have a black box, having heard a few nightmare stories and it being a shared car.
Ours on 1.4 Ibiza estate, with Mrs_oab and myself on full business insurance, 12k miles, full NCB are:
No kids on @£180
One on Provisional @£600 p/a
One just passed @£1100
One a year in, one provisional @£800
Quote for one a year in and one just passed @£1600.
I've a third one in a couple of years.
Think of the bikes I could buy...
'Think of the bikes I could buy…'
I feel your pain :/
You can learn to drive without owning a car.
Youngest son passed just before his 18th and hasn't actually driven since - he turns 26 next month, but I can put him on Co car insurance because he's held his licence for so long, he's talking about a refresher course when restrictions are eased.
Insurance for teens is expensive because they are more likely to be involved in a crash with multiple passengers that live with life changing injuries than other driver groups ☹️
more likely to be involved in a crash with multiple passengers that live with life changing injuries than other driver groups
There's a statistic I saw on an insurers site once.
17 years old, double likelihood of crash.
At night, double that again.
Add passenger, double again.
Add second passenger, double again...
Etc.
My eldest (19) is paying £800 now for his second year (was £1100). He is driving a 2004 1.2 Corsa
My youngest is learning and I bought a 2002 Fiesta 1.4 off of someone from work for £400 and the quotes are coming in at £1200
Eldest is with Admiral with no black box. We are paying about £22 a month for learner insurance at the moment for younger son.
He has a part time job that pays around £350 per month, so he will pay us monthly for the insurance for the first year.
There is this too, which I think is always worth putting some thought into. Put her on your insurance and let her take your car every once in a while. Buy her a bike with the change.
Both our cars are automatic due to wife's disability. Jnr needs to learn to drive a manual. We need to get a manual car 🤷♂️
Whether he needs to keep it once he's passed is maybe another matter, but no car = no car insurance = no No Claims Bonus being earned.
Put her on your insurance and let her take your car every once in a while.
We tried that a couple of years ago. It was considerably more expensive than having the new driver as the policy holder with me and the missis as named drivers.
That's a point actually, is that quote with you and your wife as named drivers @codybrennan? That makes it cheaper.
Adding to your insurance for learning? Trivial amounts. Letting them drive off on their own when they’ve passed? Bend over.
For my Twingo RS the cost for my son was originally £2700 as a NAMED driver on my policy (was £309 for me alone). We now have a combined dual car policy and it’s £400 extra for both sons (youngest is now 19 but he’s been driving it since 17 when I taught him).
Third party insurance on a 125 Yamaha was £1250 when he was 18.
Having a pilots license did kit make it cheaper despite showing maturity!
To those above, I didn't say don't learn, I think the sooner the better, just questionned why it seemed to be automatic for many to get a car, for most at sixth form college they'll have to get there via other means for most of their time as they won't have passed, for many away at college parking is a major issue both where they live and on campus, it was 30 years ago when I went. Of course some kids will be working or commute to their education but I guess particularly the latter the number that have not got other reasonable options is in the minority.
A friend's daughter turned 18 yesterday, has had a car for a few months, hasn't passed yet and will be off to Imperial College in September, really dont see the point of her having her own car.
My lad passed not long after his 17th birthday. We got him a 1.4l turbo corsa - so proper boy racer style car. His insurance was £1600 with black box, her got around £200 back for careful driving.
He's nearly done his 2and year old driving now with no black box...they really do teach you good habits.
This was with co-OP young drivers.
why it seemed to be automatic for many to get a car, for most at sixth form college
Because they have part time jobs, are involved in a few volunteering activities, their own social lives...
MoreCashThanDash
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why it seemed to be automatic for many to get a car, for most at sixth form collegeBecause they have part time jobs, are involved in a few volunteering activities, their own social lives…
And it means that we no longer have to drive them to those places. They have the independence to do it on their own.
It sounds like a fairly good price tbh! When I was 17 (2003) my insurance was over £1000 on a 1991 1 litre Fiesta that I paid £400 for. Paid for the insurance myself too with cash from my part time job!