Cost of car insurance for a 17 year old?

miketurtle81

propaintballa wrote: »

I know what it's based on, but the stereotype I feel is inappropriate. The sickening part is that young females pay sometimes half the price of young males, when I know a lot more girls that have totalled their cars and had accidents then i do boys.

But yes, i'm angry at those boy racers that are the minority that ruin it for the others.

That is unfortunately the harsh reality. Car insurance brokers bump up premiums for drivers who pose the greatest risk to making a claim, therefore young impressionable boys are at the top of that list whether we like it or not.

dacouch

miketurtle81 wrote: »

That is unfortunately the harsh reality. Car insurance brokers bump up premiums for drivers who pose the greatest risk to making a claim, therefore young impressionable boys are at the top of that list whether we like it or not.

Brokers don't, it's the Insurers who calculate the risk and come up with the premiums.

propaintballa

lisyloo wrote: »

You need to look at the COST of the accidents rather than the number.

Women (and girls) tend to have less costly accidents.
Even totalling a car is not that costly, relatively speaking.

Maiming a 34 year old male for life so they can't work again costs about £2 million.
Boys tend to have the much more costly accidents.
Maiming or killong a person is more expensive than bending some metal.

Do you think insurance companies would give girls something for free?
Of course not.

I do sympathise about how you feel, but there is a connection between testoterone, mail driving behaviour, the COST of accidents that boys have and the cost of insurance.

Yes yes yes, i know the reasons behind the figures, it doesn't make it any better though.

bouncydog1

Seek out a good broker, set out the facts and ask them to try and find you some competitive quotes. There is also guidance on here to get a guide as to the insurance groups of cars - just do a search on young drivers.

A good broker will look at the scope of cover - it might be better to go for comp rather than tp. Don't think about going down the fronting route without declaring to insurers though as it would count as non-disclosure and the insurer can void the policy.

There are specialist companies that offer cover on parent's cars whilst the youngsters are learning - google search young drivers but cover ceases when test is passed.

Only you can decide what you are prepared to pay and bear in mind that the premium will depend on where you live, what the vehicle is to be used for etc. etc. You may decide that it is better for your son to learn to drive and be an occasional driver on your policy so that he has a little experience before he has his own vehicle and policy.

Many threads on here with lots of helpful advice, but you will have to do a bit of searching around.

GemJar_2

Try Quinn insurence, they've worked out the cheapest for me and my friends

dacouch

GemJar wrote: »

Try Quinn insurence, they've worked out the cheapest for me and my friends

They are normally a company to avoid

Quote

miketurtle81 wrote: »

Car insurance brokers bump up premiums for drivers who pose the greatest risk to making a claim, therefore young impressionable boys are at the top of that list whether we like it or not.

Ignore this. It's all nonsense.

Sobraon

NFU quoted £420 with my son as named driver this week in a Pug 106.

propaintballa

Sobraon wrote: »

NFU quoted £420 with my son as named driver this week in a Pug 106.

Is that him with a provisional license? That's about normal from what my friends have said. But be prepared for when he passes :P

DrScotsman

My Dad came up with this incentive that whenever one of me and my siblings gets into University, he'll buy that person a car and 1 year's insurance once they've passed their test (yes spoiled I know, but that's besides the point).

My sister never passed her test so I was the first to take him up on his offer when I passed at 19. He was a bit miffed when this picture in his head that insurance would cost £700-odd was shattered, that picture being formed when he got a few random quotes for my sister a few years back, ignoring both (a) inflation and (b) boys are a higher risk.

The funny part? My dad's a qualified actuary.