Car insurance for myself and young driver

skylight

I already have my own car (people carrier) and am insured on that with my own NCD.

We are looking at getting our 18yo (she has not passed yet) car insurance but we are looking at the most cost effective way to do it - adding her onto a 2.8v people carrier is not cost effective, nor adding her to Dads car.

So we have been playing with numbers and a car (1.1LX Ford Fiesta, G reg £450) and have come up with the best price insurance costs of £1200 fully comp for the car to be registered in her name, provisional insurance in her name and me as a named driver. Or £760 FC for the car to be registered in my name and insured for me with her as a named driver instead; then transferring the car to her name/own insurance if/when she passes.

What are the pitfalls with this? The £760 quote included my NCD (I have just realised) but I am assuming that I cannot have 2 separate insurances with the same NCD so I would have to have a new quote for this? I would also use the car about town anyway, so whilst she is a provisional driver she will not be using it more than me.

The other question is, can anyone take her out in the car if I own it and its insured under my name or is it different is she is insured on her own and owns the car? Does the other person need to be insured under any insurance as well as old enough and have a licence (thinking of Dad taking her).

Just trying to find a cost effective but legal way of doing this.

Many thanks!

blueye

hi dont know if this will help but when i was learning to drive i got pro insurance from this company http://www.provisionalmarmalade.co.uk/ i was insured on my partners car but it was a seperate insurance so didnt affect his no claims if i had a accident. it cost me £70 for the first month and then £30 pound every month after and you can insure yourself on a monthly basis once you pass your test the insurance is void as its just for learners it was the cheepest option for me. on my insurance it said i could drive with anyone who had a licence not just the owner of the car.

dacouch

The provisionalmarmalade / young marmalade policy is underwritten by Zenith who in my experience are not a great Insurer, I avoid quoting my clients with them unless they genuinely just want a cheap policy.

I assume the quote you have in your daughters name is with Quinn, bear in mind that with Quinn when she passes her test they will ask for an extra premium of between £500 and £1500. So if you are looking at a quote from Quinn it would be worth getting a quote from them witha full licence as well so you can estimate how much their premium will go up so you can compare it with other Insurers prices (Most other Insurers won't ask for extra when she passes). Also bear in mind that Quinn in my experience are even worse than Zenith.

With regard to your no claims bonus, you are right in assuming you cannot use it on two cars unless you agree it with the second Insurer first and they almost always refuse to do this when there is a young driver involved

yulfie

In response to the above reply, Provisional Marmalade has never been underwritten by Zenith.

Provisional Marmalade is underwritten by Chaucer.

Also - perhaps we can clarify - Young Marmalade is not a policy - Young Marmalade is a combined car purchase and low cost insurance scheme, specifically designed for young drivers. The objective is to get young drivers into a safer car by linking the purchase of a newer car to a policy underwritten by Zenith.

Young Marmalade manages the risk for the insurance company by limiting the engine size, ensuring that young drivers are in newer cars with better active and passive safety features, and requires additional driver training. As the risks are lower, the premiums are lower and it is all bundled up in a car and insurance package which is economically viable.

dacouch

You are posting representing a company without permission from MSE (See the rules of the forum).

I stand corrected, Zenith underwrite a scheme by Youngmarmalade who are a competitor with a similar name. However Chaucer are just as bad as Zenith and do not have a very good reputation with brokers in my experience for paying claims.

There is also no windscreen cover...

Quentin

dacouch wrote: »

You are posting representing a company without permission from MSE (See the rules of the forum).

Well..... He actually posted to correct your misinformation, which seems fair enough!

yulfie

Thank you Quentin for pointing out I was correcting an error, you beat me to it. It seems odd that forum rules dictate that a business cannot represent itself without permission yet other contributors can give misleading and incorrect information with gay abandon. If an MSE moderator asks me to stop contributing, I will stand by the decision.

The latest post by "dacouch" confuses the issue even more: -

Don't understand the comment about Young Marmalade competing with Provisional Marmalade - they are totally different schemes, which do not compete

Everyone is entitled to their opinion, but in our experience neither underwriter has shirked from it's responsibility

The Zenith policy has windscreen cover. The Provisional Marmalade policy does not, but this policy is written for a specific purpose and windscreen cover is not appropriate. This risk is already covered by the car owner's policy.

If you are in a hole.......stop digging!!!

Hintza

OP I ended up insuring my daughter in 2007 from her 17th Birthday on her own policy. I have a funny feeling it was Kwik Fit insurance who worked out cheapest and Tesco were not too bad. Her first year was £850 for a Fiat Panda 1.2.

The next year is interesting when they ask the question how many years NCD and you answer 1 and they then ask how long they have held a full licence and you say 9 months or whatever it is.........it just won't compute with online quotes.

You migfht also want to look at the xashback sites and hopefully save a bit that way.

Jakg

It could be worse - trying saying you've had a provisional license for over year but that you are 17 and 1 month or whatever - the sites go crazy even though it's possible

ginnersinner

skylight wrote: »

The other question is, can anyone take her out in the car if I own it and its insured under my name or is it different is she is insured on her own and owns the car? Does the other person need to be insured under any insurance as well as old enough and have a licence (thinking of Dad taking her).

Yes, anyone can take her out in the car. If she's named to drive the car, then she can drive it. The 'supervisor' does not need to have insurance at all (but must qualify under the three-year, over 21 rule)

vaio

skylight wrote: »

…….So we have been playing with numbers and a car (1.1LX Ford Fiesta, G reg £450) and have come up with the best price insurance costs of £1200 fully comp for the car to be registered in her name, provisional insurance in her name and me as a named driver. Or £760 FC for the car to be registered in my name and insured for me with her as a named driver instead; then transferring the car to her name/own insurance if/when she passes.

What are the pitfalls with this? The £760 quote included my NCD (I have just realised) but I am assuming that I cannot have 2 separate insurances with the same NCD so I would have to have a new quote for this? I would also use the car about town anyway, so whilst she is a provisional driver she will not be using it more than me.………

If the car is worth £450 there are very few circumstances under which it will be worth making a claim so you can also try quotes for TPFT or FC but with the biggest excess they do.
I insure my dads car for him, also a worth next to nothing Fiesta, and I found the cheapest way was FC but with a really big excess
Re the quotes you have already I suspect that if you run it again without your NCB they’ll come out at much the same money. Unless you particularly want a second lot of NCB I’d let your daughter insure and start to build her own.