Insurance for 17yr old provisional driver

michael_souris_3

My daughter is 17.5 years old and has now taken four lessons with local instructors. I would like to give her more practice, but I am not prepared to do so in either of our people carriers.
I propose to buy a cheap (i.e. sub-£1500) Yaris, Corsa or Ka, similar to the vehicle she will take formal lessons in. I may use this to cut the cost of my daily commute from time to time, depending on the answers to the questions below.
Both my wife and I have 6 years+ NCD and no points.
My questions:
(1) Should I buy the car in my name or hers?
(2) What is the best way to insure it - in my name with her as a named driver, in her name, using provisional driver insurance, normal 3rd party or fully comp. etc?
(3) Should the answers to (1) and (2) change when she passes her test?
Many thanks in advance.
Mike.

Quentin

If your daughter is to be the main driver, then the ownership or policyholder issue won't make any difference to the premium unless you are going to use your NCD on her car.

If you do intend transferring your NCD, then get the policy in your name with daughter added as a named driver.

When shopping round for this new insurance ensure any insurer you are considering will accept your daughter once she has passed her test, and find out how much extra any insurer you consider will want in premium when your daughter passes her test.

hartcjhart

Why not let her practice in the people carrier?yes it is a bigger vehicle but then when it comes to driving a smaller car it makes it o lot easier for her,
take a look here about insurance

http://www.provisionalmarmalade.co.uk/

bouncydog1

You could talk to your insurers directly (or a good broker) and see if you can find a company that offers family fleet insurance. We have both our cars with one company and have recently purchased a third vehicle for our 17 year old to use. It has been added to our fleet policy and given a starter NCB of 40% and rated on her age as main user (she is a provisional licence holder).

In the event that we want to put the insurance in her name at some point in the future we will be allowed to transfer this bonus to her.

I'm not sure that I would want to transfer one of your 60% to your small car as this may leave you with nil bonus on the people carrier and this is likely to be quite a high group.

iamana1ias

Groundhog day here again. It's getting ridiculous.

Are all of the parents of 17 year olds incapable of searching/looking through the forum?

michael_souris_3

iamana1ias wrote: »

Groundhog day here again. It's getting ridiculous.

Are all of the parents of 17 year olds incapable of searching/looking through the forum?

Yes, quite capable, thank you. Specific question, and some excellent specific answers. Thanks to those who provided positive contributions to my question.:beer:

michael_souris_3

bouncyd!!! wrote: »

...see if you can find a company that offers family fleet insurance...

Great suggestion, will do, thanks.

Antispam

If you do insure it in your name and she uses it most you are both actually driving around illegally its called fronting lost of parents have got caught out this way

http://www.guardian.co.uk/money/2009/jul/12/car-insurance-fraud

iamana1ias

michael_souris wrote: »

Yes, quite capable, thank you. Specific question, and some excellent specific answers. Thanks to those who provided positive contributions to my question.:beer:

No, actually. Your questions were the same questions that everyone seems to ask.

bouncydog1

Antispam wrote: »

If you do insure it in your name and she uses it most you are both actually driving around illegally its called fronting lost of parents have got caught out this way


It is not illegal to insure a vehicle in a parent's name with a child as the main driver. It is only if you withhold material information from the insurers and do not tell them that the daughter is the main user, in which case the insurer is entitled to cancel cover I believe from inception. Provided you ensure that no facts are withheld from insurers it is not illegal to do this.

On family fleet policies the insurance will be in one/joint names (e.g. Mr/Mrs) and the vehicles therein risk priced on the main driver of each - and if you have a young driver on your policy then insurers are not stupid - they know that the youngster will have the main use of one vehicle. In addition if some of the vehicles are higher rated they will restrict the driving on them to say, over 25's.

They may also request sight of the registration document to check whom the vehicle belongs to.

Antispam

I never said it wasn't but insurance will be void if its insured under parents name and she is main driver

bouncyd!!! wrote: »

It is not illegal to insure a vehicle in a parent's name with a child as the main driver. It is only if you withhold material information from the insurers and do not tell them that the daughter is the main user, in which case the insurer is entitled to cancel cover I believe from inception. Provided you ensure that no facts are withheld from insurers it is not illegal to do this.

On family fleet policies the insurance will be in one/joint names (e.g. Mr/Mrs) and the vehicles therein risk priced on the main driver of each - and if you have a young driver on your policy then insurers are not stupid - they know that the youngster will have the main use of one vehicle. In addition if some of the vehicles are higher rated they will restrict the driving on them to say, over 25's.

They may also request sight of the registration document to check whom the vehicle belongs to.