car insurance goes up

lyniced

Can someone please explain why my daughter's car insurance has gone up since she passed her test? She is 18 and passed her test two months ago. She had insurance for a year, and had just had her renewal for £827! (and that includes her 1 year NCD) Her insurance last year (when she was 17) was £389.

koko2009

lyniced wrote: »

Can someone please explain why my daughter's car insurance has gone up since she passed her test? She is 18 and passed her test two months ago. She had insurance for a year, and had just had her renewal for £827! (and that includes her 1 year NCD) Her insurance last year (when she was 17) was £389.

Insurance goes up every year. Make sure you do all the comparison sites, you only have to do them once, also go back online to your daughters present insurer and get a quote as if it was a new quotation, It might be cheaper even though the circumstances have changed slightly, they are all fighting for new business, then load for renewal in the hope you will pay. Please let us know how you get on so that other people in similar circumstances will know.

Quote

Also let everyone know where a 17 year old gets insurance for under £400.

Who is the policyholder?

bouncydog1

This is extraordinarily cheap for an 18 year old - have you fronted the policy to keep the cost down or is it in her name with her as the main driver?

If you are fronting then you need to be aware that this is classed as withholding material facts from insurers and in the event of an accident the insurance is likely to be declared void. Insurers may even decide to go after the policyholder for their outlay which could be considerable in the event of it being a third party claim. Whoever has fronted will find themselves with an issue going forwards in that they will have to declare a policy cancelled by insurers on all future applications.

If she has managed to get insurance at this rate in her own name then she is doing very well as the majority of 18 year old newly qualified drivers are paying well in excess of this - who are the insurers and how is the policy set up? Alternatively, do you live offshore?