17 year old lad - ridiculous car insurance quotes

David_Mee

My son recently turned 17 - he's been driving a motorbike for a year and was looking forward to buying a car.

When we went through the ideas on the site - the best quotes we could get were £4500 !!!!! (This was for a piddly engined, tiny car)

I realise young lads are bad risks but didn't realise things were that ridiculous :-(

Any ideas?

If I buy a second car and insure it with him as named driver then how "little" use is considered OK for him (since I realise fulltime use by him would be a serious no no)

cabbage

Its best to insure his car in his own name so that he can build up a no claims bonus. I believe the loop hole you are describing is now not allowed or at least the insurance co.s are aware of it and trying to stop it.

There are several co.s out there doing third party fire and theft for 17 year olds and other slightly older drivers.

In my own experience we used Quinn Direct who were cheaper by miles. He had a no fault accident and they were brilliant. They are in receivership at the moment but still able to insure and provide quotes. He's 21 now and up until this year Quinn were still cheaper by miles and he's now insured on a fully comp basis.

I think there is a sticky at the beginning Insurance part of the forum and if you go into it, there's some information on insuring a youngster. Alternatively if you search the insurance thread you will see a host of posts on the same subject.

Strangely enough, its cheaper to insure a learner driver than someone who has just passed his/her test as with a learner, there is always someone supervising.

good luck

Duncombe

OP - if you are buying the second car for him (and it sounds like you would be), he really had to have the policy in his name if he is going to be the one using it. As Cabbage said, insurance companies are cracking down.

What car are you currently trying to insure him on?

hartcjhart

has he got a car licence yet? if not look here may be of some use


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

if he has try here

http://www.youngmarmalade.co.uk/

andyrules

cabbage wrote: »

Its best to insure his car in his own name so that he can build up a no claims bonus. I believe the loop hole you are describing is now not allowed or at least the insurance co.s are aware of it and trying to stop it.

There are several co.s out there doing third party fire and theft for 17 year olds and other slightly older drivers.

In my own experience we used Quinn Direct who were cheaper by miles. He had a no fault accident and they were brilliant. They are in receivership at the moment but still able to insure and provide quotes. He's 21 now and up until this year Quinn were still cheaper by miles and he's now insured on a fully comp basis.

I think there is a sticky at the beginning Insurance part of the forum and if you go into it, there's some information on insuring a youngster. Alternatively if you search the insurance thread you will see a host of posts on the same subject.

Strangely enough, its cheaper to insure a learner driver than someone who has just passed his/her test as with a learner, there is always someone supervising.

good luck

Quinn (and the rest like them) were the most expensive in my experience, so the OP should seriously shop around.

Oddly, I found that 3rd PFT came out more expensive than fully comp in most cases! Something to do with 3rd party signalling young driver (not that DOB doesn't!) One company told me to get a KA as these are favoured by girls, who in turn are a lesser risk than boys, and thus cheaper to insure! Add yourself on it as this brings down the average age.

Good luck!

HouseHuntr

David_Mee wrote: »

the best quotes we could get were £4500 !!!!! (This was for a piddly engined, tiny car)

With a quote like that it won't be a 'piddly engined tiny car' or has he not passed his test yet and is only driving on a provisional ? So which/what exactly is it ?

andyrules

HouseHuntr wrote: »

With a quote like that it won't be a 'piddly engined tiny car' or has he not passed his test yet and is only driving on a provisional ? So which/what exactly is it ?

Quotes increase dramatically AFTER the test has been passed. This is because
a) No-one is supervising
b)The new driver can often be over confident
c) There may be a car full (or girlfriend) to show off to
d) Companies don't want the risk

Nut97

cabbage wrote: »

In my own experience we used Quinn Direct who were cheaper by miles. He had a no fault accident and they were brilliant. They are in receivership at the moment but still able to insure and provide quotes. He's 21 now and up until this year Quinn were still cheaper by miles and he's now insured on a fully comp basis.

I have to agree with cabbage, been with Quinn direct since I was 20 (now 23) and always found them great and always the best for quotes.

Nikkisun

HouseHuntr wrote: »

With a quote like that it won't be a 'piddly engined tiny car' or has he not passed his test yet and is only driving on a provisional ? So which/what exactly is it ?

Not so - my son at 17 with a full licence on a 998cc Micra was qouted £5000!!

bouncydog1

Many threads on this topic. Quote also depends on his occupation, postcode as well as vehicle etc. Biggest risk is third party claims which can run into £ms. Sound far fetched - think about the landrover that came off the road and derailed the train.

Not worth trying to front a policy for your son as in the event of an accident, insurers could decide to pursue you for their outlay as you would have withheld a material fact which is the basis of an insurance policy. In the case of a very expensive claim then a quote of £4,500 would be good value don't you think.

Instead of wasting your time using online comparison sites speak to a good broker who knows their market and will be able to recommend a company for you. By the way, quotes on a comparison site for my daughter's car next year when she goes to Uni at age 19 (played about with birthdates to get indication) varied from £750 to £8,900!!

richardvc

You must do it the other way round - find the cheapest car to insure and buy that !!

http://www.parkers.co.uk/insurance/#ig=1

You can search parkers in insurance groups to see what's cheapest ie Ford Ka is in group 1 !