Great 'Young drivers car insurance savings' Hunt

MatthewGaskin

I'd suggest you start with somewhere like carandclassic co uk which seem to have a fair few on there today. Some owners are a bit sniffy about calling them 'kitcars' and list them under other categories but if you know the mainstream makes it'll be pretty obvious. I'd then suggest Googling the names too so you get an idea of how they're thought of
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Each month there are a couple of kitcar magazines published and they'll have ads for insurance firms that'll cover those cars: you may still need to shop around but the numbers ought to be easier on the wallet.

ShazH

My son was 17 when he first passed his test and bought his first car for £750, I spent hours, tried all options to get a reasonable quote and even by adding myself and my husband it increased even further but cheapest quote cost £2,215 third party fire and theft, what a rip off, so unfair. This year, with a year older and a years no claims, spent 5 hours on different comparison sites and looked at all options, added myself and husband this year and got it down to £950, what a difference a year makes and by shopping around. Found martins advice on tweeking occupation usefull as my son is an apprentice and confused.com was the only site would let me use this as occupation, all others were either full time education or employed, which he is not either. Got to shop around even if it does takes ages.:T:j:money:

FelixK

While I am still using a motorbike (and I can't say I've worked through the maths), I think riding a moped/motorbike for a couple of years when you are young is a great way to rack up some no claims. The £360 I paid for my moped insurance when I was 16 was quite high, but it went down to £180 when I was 17 (and would have halved again had I taken it with me to university) all the time increasing my NCB. You can find some very cheap bikes, and when you pay £15 road tax and do 140mpg it is a very cheap way to travel!

Since when transferring the NCB to a car you can't use it on a motorbike as well, I'm considering insuring it again to get a second lot of No Claims for about £50 a year.

aloiseb

A colleague at work who is 19 used this scheme to get his premiums down to round about £1K. It seems to be a sort of buy-the-car-they tell-you-to-at-the-same-time thing, though, so may not be suitable for everyone.

www.youngmarmalade.co.uk

the worst feature for him is having to be back in time for the 11pm curfew they enforce by tagging the car. (probably based on the number of accidents which occur late at night)

Taff_major

Both my sons got very good deals through the Owners Clubs of their first cars - a MG Midget for one and an (old model) mini for the other. Both cars taught them a lot about mechanics, which is a very useful skill.

:j

Morph4610

Doing the rounds with the phone is time well spent as not all YD specialists are on price comparison sites. Companies in this category include A Plan, Thames City, Only Young Drivers, Adrian Flux.

fiona1510

My daughter (19) owns a 2010 plate Clio, we check moneysupermarket.com every year and use Martyn's tips to ensure lower quotes. Both my father (72) and myself (45) are on the insurance and this brought this years price down to £549, the most she has paid for insurance is £900 and that was in her first year when she paid it over the year, now she saves and pays it in full.
We told a friend whose son was looking for insurance and he saved over £200 by adding his granfather to the policy too....Fantastic

Miss_Liquorice

I've been driving for two years now, but have just taken up a job working for a car insurance company doing sales and customer service, so have learned a lot in the past few weeks. My renewal cost with Tescos was going to be £450-ish, but by tweaking what information I put in, I got a renewal with Admiral at £290 (eventually!).

One of the main tweaks was with my job description, changing my status from 'single' to 'living with partner' (which makes a huge difference - but only do it if it's true!), and adding my dad onto the policy as a second driver. Certainly finding drivers who are classed as low risk are a better option. And also from using the system, the cheapest mileage seems to be around 4-5k, and actually costs less than fewer miles. So if you reckon you only do 3000 a year, give yourself the benefit of the doubt.

I used a comparison site and got a deal with Admiral at £310, which when I clicked through to the actual admiral website added £50 onto the price. I tried phoning and explaining the comparison site gave me a different figure, which I was basically told 'tough, that figure's wrong'. Then my dad called to tell me he'd had a non-fault claim 4 years ago, so I added the details to the same comparison site, and it brought the price DOWN. I bought it online before the price had a chance to change, and am now rather chuffed I essentially saved £80 on what the man on the phone told me I needed to pay for exactly the same insurance.

benbec1

When my son aged 17 passed his driving test we waited until he was 18 before letting him buy his own car. His first year was spent as a second driver on my policy and getting experience of driving that way. When he came to insure his own car I did loads of research and quote haggling and I have learned a lot about how to keep the insurance premiums comfortably below the £1000 mark.
1. We persuaded my son to buy a 1 litre car (vauxhall corsa, sporty looking enough for the average male, nippy enough but still only a 1 litre engine. This helped lower the premium signficantly.
2. Put other, older "clean" drivers on the policy, for example he put his grandmother down as the second driver. Again the premium dipped signficanctly because it spreads the risk.
3. Have a high voluntary excess. He has a voluntary excess of £1000. This might at first glance not seem like a good idea but it is if you know the driver is reliable and it also acts like a bit of a deterrent for careless driving. (If I had my way, all young drivers would pay the same as any other drivers but would have a probationary hefty excess of £1000+ for the first 3 years. That way you wouldn't lump all young drivers in one risk pool. Only the drivers who caused the accidents or were found to blame would have to pay the massive excess. Much fairer in my view!
4. We opted for a multi-car policy which discounts both vehicles. Again this dropped the premium. Admiral had an excellent polcy and now my son is on his 3rd year of driving with 2 complete NCB years.

coldjim

i dont know if anyone can help me, but i am currently looking for a car. I am 19 years of age, and passed my driving test in october last year. I've been looking all over for cheap car insurance on my own car, but i cant find any cheap quotes! cheapest i have is like £3500!!?? I haven't got a car yet, i have just been putting in cars off autotrader etc, to see what the price would be. But i have no luck....