Young Drivers' Car Insurance Discussion

CKhalvashi

Nigelp wrote: »

I do find it odd the insurance industry feels it is less risky for my son to drive a 40 year old car with almost no occupant protection than a more modern, safe one.

We've got a 3 wheeler that's now in my country of origin, and that was cheaper to insure than a brand new Peugeot 206, as the insurance company expected me to treat it a little more gently.

This will generally be the case all round with old/specialist cars

CK

twitters99

One thing not addressed in the article is what to do when the young person (24) is not living at home and only uses our car very occasionally. (She is full time working so it is not a case of during uni holidays. It is maybe 5 or 6 times a year for a few days / weekend.) We can put her on our policy as a temporary named driver but that is a pain and incurs an admin fee each time. Does anyone know of insurance companies who take account of facts like this? Similarly, do any of the comparison sites ask for this sort of information and filter results based on it? I have used Confused and I don't think they take into account this sort of thing.

trackingtime

My daughter is in the lucky position of having just passed her UK driving test, hooray!

So she attempted to find good insurance deals in an effort to be guided in her hunt for a cheap car. She was shocked and annoyed to find that she was being horribly "overcharged" because she had not been born in the UK. She used a number of comparison sites and found that on average the loading was around £2000 on top of what she would be paying had she be born in the UK. So instead of having to find £800 - £1000 for a years insurance on the likes of a Polo or Corsa she is looking at almost £3000.

When she was nine years old she moved to the UK and became a UK citizen. So for the last 8-9 years she has been a UK citizen and is completely at home on our side of the road, she speaks English, considers herself as being British and has had all her driving experience here.

Whilst I appreciate that insurers are risk managers, I cannot see how the place of our birth can have such a major effect on the price we pay for car insurance.

So, I wondered has anyone else been in this position and do you know of a legal way around such huge premiums? Is there a specialist insurer for those unfortunate enough to find themselves in a similar position?

Thanks and sorry for the rant.

Ninetails

Can I just clarify about the no claims bonus pls...our 17 yo DD is learning and won't be ready for her test until the new year. If we add her now (ie before 21 Dec and before full license) to the family car then her no claims starts ticking from then? Or will she have to wait for a full license? Thanks

Caz3121

Nine_Tails wrote: »

Can I just clarify about the no claims bonus pls...our 17 yo DD is learning and won't be ready for her test until the new year. If we add her now (ie before 21 Dec and before full license) to the family car then her no claims starts ticking from then? Or will she have to wait for a full license? Thanks

I would expect no claims discount would start counting from when she has a full licence and a policy in her own name. A couple of companies will give named drivers a discount if they subsequently take a policy in their own name with them but doubt they would count time as a learner

Ninetails

Caz3121 wrote: »

I would expect no claims discount would start counting from when she has a full licence and a policy in her own name. A couple of companies will give named drivers a discount if they subsequently take a policy in their own name with them but doubt they would count time as a learner

Thank you Caz, what a nightmare all this is.

merrydance

Temporary car insurance for son aged 23

Hi just wondering if anybody can advise me where I can get temporary insurance for my son. He is a full time student and coming home for the Christmas holiday. We added him to our insurance for a couple of weeks in the summer and it cost £30. I phoned Rias yesterday who we are insured with to add him on again for a few weeks and they advised me the cost would now be £102.00 as insurance prices have gone up in October. Could anybody advise me if I could get cheaper insurance anywhere else or is this standard everywhere now. Thanks

jdomokos

Our 19 year old son (20 in January) passed his test in Dec 2011 but until now has not been earning sufficient to fund a car. Now fully employed and saving hard he wants to get mobile and gain road experience. Wanting to help him we decided to pass on my husband’s runaround Corsa (1.1 1999) and buy a replacement car.

Having spent many hours on the web and phone trying to arrange insurance for him we were getting quotes ranging between £2500 and £5000 – no matter how we structured the policy with added drivers, car keeper and excess premiums. This being far out of his reach we were about to give up and resign to another year of no driving for our son.

However, on the MSE forum :money:I found a company called Diamond and as a last resort gave them a call. There initial quote for comp insurance for my son was £2200 as the registered owner of the corsa. By adding first my husband and then myself as named drivers he has now been offered the policy at £1200!! The excess is £600 but as the car is only worth £500 he will probably never claim on the policy.

It goes without saying that he snatched their hand off and paid promptly there and then. We get our replacement run around tomorrow, which our son is driving us to the garage to collect. The smile on his face was a picture when he received the email finalising his policy. Unbelievable how rates can vary so much for young drivers.
Well worth a call to Diamond.

Alison_B

Well done jdomokos on your quote with Diamond. Will give them a call when the kids insurance is due up. Heard on the tv last night that insurance for young drivers is due to go up another 15% for the under 22's. Typical as my eldest will be 21 this time and was looking forward to getting a cheaper quote this time around.

Apple13

Our 17 year old passed his driving test a week before Christmas and today we sourced quotes to get him insured on my husband's Ford Fusion. The advice you gave, listing the order in which to visit insurers' websites was brilliant. You were spot on; having tried Tesco as a one-off this morning, I then told them to follow the order you set out and the second time they went to Tesco it was a fair bit cheaper! We found the cheapest deal on Aviva;£1250 fully comp and this includes some extras we added- breakdown and legal fees cover and no claim discount insurance. Hope this might be helpful but THANK YOU Tony and Dan!:j