Young Drivers' Car Insurance Discussion

Nigelp_3

My son passed his test recently, 17 Yr old Student living at home.

I`ve done all the usual things. Classic cars ? `No sir, we closed that avenue, he has to be over 21 now.`

Suzuki Alto (grp1) 1.0 W reg. £4,546.
Perodua Nippa (grp 1) 0.8 L, 51 plate £4,662.
Skoda Fabia (grp 2) 1.2L 04 Plate £5,152

Lets try something really leftfield, a Volvo 240 Torslanda, thats pretty damn undesireable. How does a premium of £6,964 sound ?.

Adding me or my wife dropped the policies by about £300.

For interest, I changed the sex from M to F, NO other details changed. The premium dropped from £4,300 to £1,200....

He talked to iKUBE and their price was the cheapest we have been quoted. They are a GPS based insurer that tracks what he does and how he drives. This came in at £1662.63 for the Skoda which has been the cheapest one so far. The Group 1 cars are about £60 per year cheaper, but the choice is much more restrictive.

As a parent, the GPS system keeping an eye on his driving has a certain appeal.

Rang Swinton who who offer "Young Driver Car insurance at a Fair Deal". Yeah, £12,000 for the Skoda isn`t the fair deal I was expecting....

Tried Admiral for their multicar policies, thinking I could insure our cars with them then he could be part of our `family` with his insurance, they ended up over £5,000 for the Skoda.

We live in a Group `D` postcode from this list http://www.carinsuranceexplained.com/car-insurance-explained/car-insurance-postcode-risk-list.html

For info, This list was useful for finding group 1 or 2 cars. http://www.wisebuyers.co.uk/index.jsp?guide=guides&page=car_insurance&id=18&group=2&make=Renault&x=27&y=7

At the moment, its looking very likely we`ll go for the iKube GPS policy and a Group 2 car.

I think we`ve covered most of the bases in our research, done the online quotes and spoken to several companies on the phone.

I do not condone it and would never allow my son to drive uninsured, but I can certainly understand why some teenagers buy an old car for a few hundred quid and don`t get insurance for it.

hglossop

An old car for a few hundred quid is how you can try and get the insurance down, especially if it is one not often used by young drivers. Although for a 17 year old unfortunately the only real choice other than biting the bullet is waiting a few years to get your own car. Group 1 or 2 isn't always cheapest.

Just checked what group my car is (Renault megane scenic) probably the cheapest insurance i could expect to get at 19 (probably by atleast £1000), and it is insurance group 11.

Alison_B

Nigelp, my son got his insurance at 17 with I-Kube. Found them to be really good for the first year. They tell you that you cannot drive the car between the hours of 11 pm and 5 am which was a bit of a pain for him once he had passed his test but was the only way we could afford the insurance. It is great as you can track where they are and I could see him coming home from work, so knew when to put tea on. :rotfl:

He is due to renew his insurance next week and I-Kube have doubled the price to £3500 for careful driving with no restrictions, so we are leaving them this year.

Nigelp_3

hglossop wrote: »

An old car for a few hundred quid is how you can try and get the insurance down, especially if it is one not often used by young drivers. .

I`ve tried that and old `bangers` generally cost more for insurance.

I`ll try the scenic though.


Alison, Thanks for that. I`ve read the same elsewhere too, but if it gets him a years NCD AND gets him into the habit of driving with a GPS looking over his shoulder, I`ll certainly go with them.


In fact, if I could get a `normal` policy with NO GPS for £1600 or the iKube (or similar), as a parent I would prefer him to get the GPS one. He`s a teenager, just getting his first car. With the best will in the world, there is a reason teenage boys are such a high risk for insurers...

Nigelp_3

Brilliant.

My Son just rang to discuss buying a policy through ikube and was told they weren`t offering insurance in his WF14 postcode anymore. :mad:

Alison_B

Have they said why they aren't offering it anymore.

Nigelp_3

They said they`ve had `lots of claims from this postcode and are now unable to offer cover for you`

He`s obviously pretty down about it. No other company came up with a quote under £4k...

Seems very odd to me.

Nigelp_3

He rang all the `gps - black box` insurance companies he could this morning. NON of them will give him a quote !?!?! They all say its down to his postcode and recent claims.

As it stands, he is unable to get ANY quote for under £4,500 and unless something changes, he won`t be able to insure a car.

The insurers won`t offer any more details, all he gets is a `sorry`. Doesn`t help much... As I`m sure you can imagine, he`s not particularly happy at the moment....

the-mango

Nigelp wrote: »

We live in a Group `D` postcode from this list http://www.carinsuranceexplained.com/car-insurance-explained/car-insurance-postcode-risk-list.html

Does anyone know what 'Refer' means on that list?


Also, as a young female driver, 21, and a student is it illegal for me to put my 'job description' down as my part-time job rather than student? I am honestly asking this out of ignorance and not wanting to break the law, whilst obviously trying to get my quote down. Thanks

dacouch

the-mango wrote: »

Does anyone know what 'Refer' means on that list?


Also, as a young female driver, 21, and a student is it illegal for me to put my 'job description' down as my part-time job rather than student? I am honestly asking this out of ignorance and not wanting to break the law, whilst obviously trying to get my quote down. Thanks

I would ignore that list, it's from Norwich Union who are now Aviva motor cycle Insurance from about 10 years ago. It never related to car Insurance 10 years ago and is even more irrelevant now.

For the record "Refer" meant it was a high risk postcode for claims.

If you're a full time student you need to declare yourself as a student, if you have a part time job and they ask about part time jobs you will also need to declare the part time job.