20 year old, 1st car, car insurance....???

Mrs_pbradley936

Troubleatmill wrote:

Costs less than £40 - for as much "tuition" as you need.
A number of insurance companies offer a discount - but only if you propose your IAM member number

Best
Troubleatmill

You must have taken yours a while ago I only know the current prices because my son is working towards his at the moment - actually you might be right because his £75 included all the books and as you say all the tuition you need because when you have passed they ask you donate your time to help others pass.

jb66

Elephant is by far the cheapest for me and my friends all around 19-21. The trick is to put an adult over 45 as a second driver that has alot of no claims (even if they'll never drive your car) can save you up to 500 £££

Astaroth

jb66 wrote:

The trick is to put an adult over 45 as a second driver that has alot of no claims (even if they'll never drive your car) can save you up to 500 £££

Though this is fraud and if you are caught you will have great discussions with your future mortgage lenders etc about why you are loaded to the national fraud registery plus only a small number of insurers will ever consider you for insurance again in the future.

Age is only one rating factor and all insurers will target more than one... so even if you dont hit an insurers age target the fact you are the perfect customer in terms of location, socio-economics etc can mean that they still work out cheaper than companies aimed at young drivers (as was always the case for me).

There is only one way to get the cheapest quote and that is to shop arround. The agregator sites can be a first step but they only compare a very small amount of the market so personally wouldnt use them exclusively.

As to pre-work... make sure you get a low performance/ small engined car. Look sensibly at the level of cover too... as a young inexperienced driver you may have an excess of over £500 (there will be a compulsary excess on top of what ever voluntary excess you decide on), if the car is only worth £750 the most you would ever get as a settlement is £250 so it may not be worth getting comprehensive insurance (and may not even be worth getting TPFT - young driver excess doesnt normally get added to T or F claims though so it is less clear cut)

HomerStig

How is adding a second driver fraud?! If it is someone should tell Martin as it's one of his cost cutting tips:

"Rather than increasing the price adding a second driver with a good record, even if they won’t use the car, sometimes reduces the premium as it smooths out the average risk. It won’t always work, but it is worth playing with quotes."

ioscorpio

Astaroth, I think you are thinking of the older person insuring the car when it is obviously owned and used by the younger person.

Try Quinn-Direct, they are good for young drivers.

piper5

quinn direct are who i use. i find them brilliant!!

DavidHM

Cheap insurance for young drivers:

It varies on lots of factors, as Astaroth has correctly said. (But (s)he's wrong about adding a second driver being fraud, as long as you don't misrepresent that they are the main driver).

However the cheapest that I've found have been Tesco (particularly for females) or Quinn Direct (when higher risk but non-modified cars are involved).

Astaroth

ioscorpio wrote:

Astaroth, I think you are thinking of the older person insuring the car when it is obviously owned and used by the younger person.

A fronted policy is also an issue but adding someone who has no intention of ever driving the vehicle (eg could be a total stranger or even someone you have totally made up) is also manipulation to artificially give you a lower premium.

DavidHM

Of course it's manipulation.

But I'm not sure at all that it's artificial: you are not representing that they will drive the car at all. Obviously if you were asked the question, you couldn't lie, but someone would need insurance even if they only ever drove the car onto the road when you were blocking their own car on the driveway.

If the insurer then wishes to reduce the premium (some won't - Tesco for instance would probably charge more, certainly at least as much) that's up to them.

(Obviously inventing a fictitious person would be fraudulent but that's not necessary and different from securing the right of a real person to drive your car).

Astaroth

Well, having checked with Norwich Union, Churchill & Elephant (for a nice cross section) all of them state that there must be an intention for the named drivers to use the vehicle otherwise they consider it the same as a fronted policy (the ones where you put a parent as the Ph when it is the kids car and only the kid drives it).

Now obviously you could say that they did have an intention to drive the vehicle in the same way you could also lie and say on a fronted policy that your parents were the main drivers however that doesnt change what it is.

(can you tell my current meeting is very very boring?)