17 Year old Car insurance Advice Please

Blondie11

Hi

Our son is turning 17 this year and as many of you parents will know they can't wait!!! He is already searching the internet looking for a 1.0 car etc. Can anyone give me some advice on how to get the cheapest insurance quote for example is it cheaper to buy a small Fiesta Van or a pick up etc.
I recently got a quote for a 1.0 VW Polo with him as the main driver and then adding me as a second driver....... the quote was £3800.00 fully comp :eek:

So any help and advice would be really appreciated.

Thanks

dogbot

Yep, they cost a fortune to insure because they have more and worse crashes than any other profile - insurers don't want them on their books. Rates have risen a lot over the last 12-18 months, and now IPT has also gone up this will hit high payers the most.

Look for very small, old but not too old and un-sexy cars - Skoda Felicia, Daiwoo Matiz are two to start with.

Next, look into pass plus - the discount might not be much but if he takes it in and acts on the additional training, then he is less likley to have a claim and so will build up NCD quicker. You have already added your self as a named driver, try adding father or/and grandparents too in combination.

Carefuly work out what mileage he will actualy do. Limit the policy to just above this.

High excess on a comp policy.

Look at the telematics policies - Coverbox, IKube, Insurethebox.

Get him to open a savings account and walk, take the bus or get a cab for another year.

Alison_B

What about going for third party fire and theft? We did that when my son was 17 and got his first car and will probably be doing this for our other son later on this year as he is turning 17.

FATBALLZ

Unless he actually has a need for a car I really wouldn't encourage him to throw thousands of pounds down the drain on one. I'm mid 20s and I've only become the main driver on car insurance for the first time very recently, it just cost far too much before then. It's still costing me £700 on a very ordinary car, I have £1k excess and I live in a nice area (which makes it cheaper). I'd always let my partner be the main driver before as it's cheaper for girls.

Blondie11

Thanks for your reply's, the trouble is he semi living away from home and he will definitely need to be driving as soon as he can to be able to get him to work. So it looks like it will cost a small country to insure, I feel that it's an absolute rip off surely if it continues to rise this will encourage some young drivers not to even get insured! It really doesn't make sense! But hey ho rip off Britain strikes again!

bouncydog1

Unfortunately it is the usual story of a few irresponsible idiots causing accidents that cost insurers literally millions of £. 17 year old boys not long passed their tests, statistically have the most accidents.

I had one recently almost took the side out of my car doing around 60 in a 35 zone. DD was in the car and when I "mentioned" it, said that he had already written one car off! Goodness knows how he managed to get a 2nd car insured.

Would you rather everybody paid the same premium to pay for the damages this group of drivers cause?

None of us want to pay these premiums but you can't blame insurers - the drivers need to be educated not to be morons once they get behind the wheel. And I'm not suggesting that your son is like this, but I bet you any money he drives very differently when his parents aren't in the car - didn't you when you passed your test?

As for the drivers without insurance, the penalties need to be much higher and insurers should actively pursue them for their outlays.