Car Insurance - Can Anyone Help!!??

pubfootie

Having the same old problem that I have every year getting a decent insurance quote and wondered if anyone on here could give me any advice...

Bought my car on my 17th Birthday, the 21st November 2001, and sorted out the insurance for it the day after. Even though it was a mere 1 litre micra (the shame!) I couldn’t get a quote in my own name as a 17 year old with no license for less than £1200. So at that point my old man stepped in and put it through the company. I.e. the car was insured as being owned by the company with myself as the only named driver, I did work for the company at the time and still do now, this worked out at around £950 for that first year.

Year 2 and by this time it’s the day after my 18th and I have just passed my test. The same method was used to get insurance and this time I paid £850 pa, year after with 2yrs driving experience (1 with a full license) at 19 I paid £800 by using the same method. Last year, at 20, and 3 years driving behind me I was forced into using the same method and paid about £800 again.

The problem I faced last year and am now finding that I am facing again is that now at 21 my premiums should go down and I should be able to benefit from a no claims discount. Ideally I’d like to insure the car in my own name and with 4 years no claims discount, which based on my details, and my current car, would work out at around £450. However having insured the car previously under the company’s name I’m struggling to get that no claims recognition.

Companies such as Norwich Union and Tesco detail on their websites that they don’t tend to accept people with ‘company car driving experience’ as a no claims discount, but say they would consider offering a starter bonus if they receive a letter from my employer. The problem with this method is that if I sign up with them and receive this ‘starter bonus discount’ then come next year I still will only have 1 year's no claims, when I should have 5!

Ideally Id like a company that would recognise that after driving for 4 years in my own car with no claims against me and now turning 21 I should be getting a decent price and should be able to get this same price easily each year.

Can anyone advise an insurer that would recognise my previous driving as a ‘no claims discount’ or a way to transfer from being insured in the company’s name to my own?

Any help would be greatly appreciated.

lisyloo

In your posistion I would try an insurance broker.
They deal with insurance companies every day, so are liekly to know which (if any) will let you do this.

MarkyMarkD

Pubfootie

This is exactly why young drivers should NOT get their cars insured in someone else's name - they DON'T earn any no claims discount. You don't get "owt for nowt" - you are now paying for doing the wrong thing when you were 17.

The reason most companies won't recognise "company car" driving experience is that it can't be proved. Any company could say that an employee has 100 years of driving without claims - particularly where the company is owned by your dad! No wonder they don't accept it.

gizmoleeds

Sorry, but surely car insurance must have been a converstional topic with your friends at some point - did no-one point this out?

Many young people save money by insuring the car in a parent's name with them as main driver - but again they get no no claims bonus. Some justify this by reasoning that the higher cost is just being delayed until they are older (and by then they will be more able to afford it). Others think ahead and pay the extra for insurance in their own name.

There is no real way around it.

impy78

That is is not necesarily the case.

See this thread on how to obtain ncb through a company car.

maclean2

Hi - try https://www.quinn-direct.com as they will give you a worthwhile discount for4 years as a named driver.