car insurance for new driver

MarkyMarkD

The insurer won't pay out when you claim on your fraudulent insurance. It's stupid to lie to your insurer because they most likely will find out. And once you've had insurance cancelled for fraud, you will find it almost impossible to get insurance elsewhere.

Great money-saving strategy - not!

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edit note: this post referred to a post which has been removed because it recommended insurance fraud.

HC_2

My DD was a named driver on my car. As soon as she passed her test the premium shot up (still as a named driver on mine).

Cheapest place we found on renewal of my policy was with Bell (think someone else has mentioned them too).

I'd definitely agree with MarkyMarkD regarding telling the truth. Insurance companies of all kinds will wriggle out of paying if they can possibly do so, so don't give them any ammunition. They're also very well aware that parents put their offspring down as a named driver when they're actually the main driver (is it called 'fronting', or something like that?) and so are on the lookout for it.

MarkyMarkD

It is indeed called fronting.

There is nothing more obvious to an insurer than a parent insuring a Saxo/Corsa/similar "young driver" car, with their 17-21 year old young person named as a secondary driver. Any claim relating to an accident when the young person is driving will automatically be investigated and insurers are likely to ask for evidence, for example, of who pays the bills for the car.

The "fronting" situation is even more self-evident if both parents already have their own car and then mysteriously have the need to be main drivers on an additional car too.

Obviously the supposedly secondary driver doesn't benefit from no claims discount either (other than with Direct Line, and only if they stay with Direct Line when they take out their own policy).

HC_2

MarkyMarkD wrote: »

Obviously the supposedly secondary driver doesn't benefit from no claims discount either (other than with Direct Line, and only if they stay with Direct Line when they take out their own policy).

Several insurers offer this, I think: Admiral, NU, Co-op. Probably others too.

currynchips

Well I've never been checked upon my details. It's highly unlikely that young people with insurance of over £1000 are likely to claim anyway, so the suggestions I made aren't going to affect them.
Never mind, this is obviously a place only for people who do things precisely by the book - because they are saintly.

HC_2

currynchips wrote: »

Well I've never been checked upon my details. It's highly unlikely that young people with insurance of over £1000 are likely to claim anyway, so the suggestions I made aren't going to affect them.
Never mind, this is obviously a place only for people who do things precisely by the book - because they are saintly.

I don't think it's high-mindedness - just risk assessment.

You're right that, with such a high premium, a young driver probably won't claim for damage to their own vehicle. But what if that driver is deemed at fault for an RTC that results in thousands of pounds' worth of damage to another car? If they've been a bit selective with the information they've given the insurance company, they could end up in rather a sticky situation.

OohSoHolly

I took the Pass Plus Course, and it made no difference what so ever to my Insurance cost. So i'd check it would make a difference before doing it (Although i would recommend it as it really helped me with the Motorway!!).

When i first passed i found Direct Line to be the best/cheapest (about £1500 i think it was) although in the end i couldnt afford to go on, on my own. So ive had to share my dads car Legally!

Been driving a year now and it still works out at about £983.85 on my own (1 yr no claims) - Hopes for next year. Ha Ha.

Lokolo

I got a refund after doing pass plus. I rang DirectLine and told them I did it, and they then sent me a cheque

I went:

First Year: £1500
Second Year: £1200 (i crashed though)
Third Year: £700 (1 years no claim)

Hopefully it will go down to about £400 this year.

MarkyMarkD

HC wrote: »

I don't think it's high-mindedness - just risk assessment.

You're right that, with such a high premium, a young driver probably won't claim for damage to their own vehicle. But what if that driver is deemed at fault for an RTC that results in thousands of pounds' worth of damage to another car? If they've been a bit selective with the information they've given the insurance company, they could end up in rather a sticky situation.

Well of course, HC, it's both. It's wrong to commit fraud. But it's also very likely to be found out. So combining the two means it's completely stupid.

As you point out, currynchips is making the fatal error of assuming that young people won't claim because their car is worth less than the impact on their insurance premium. But almost all claims by young people are for accidents, not theft or fire, and those accidents mostly involve other cars the damage to which will often be more than the value of the young person's car.

You can't, as a young person, tell the older person in their brand new £20k BMW that you've damaged severely that you don't want to pay for their damage (because you can't afford to) and don't want to give your insurance details either.

CLAPTON

currynchips wrote: »

Well I've never been checked upon my details. It's highly unlikely that young people with insurance of over £1000 are likely to claim anyway, so the suggestions I made aren't going to affect them.
Never mind, this is obviously a place only for people who do things precisely by the book - because they are saintly.

saintly maybe.. but the facts are that the highest cause of death for males in the 17 to 25 age group is car accidents (and no it wasn't while driving with mum and dad)