Young Drivers' Car Insurance Savings Feedback

edited 22 March 2011 at 8:51PM in Insurance & Life Assurance
62 replies 40.8K views
13567

Replies

  • SuarezSuarez Forumite
    970 Posts
    ✭✭✭
    21 year old male, £248 fully comp. Perhaps some kind of record!

    Do you drive a go cart? :eek:
  • rev_henryrev_henry Forumite
    4.9K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    revelstone wrote: »
    My son passed his test last week. He was very excited until he got car insurance quotes for the car given to him by his grandmother - W reg Fiesta 1.2. He turns 18 next month and has been quoted £5,500 to £8,000 p.a. Tried all the supermarkets, Ikube, swintons young drivers, my own insurer etc. Co-op will do it for around £4k with a box fitted which is not a problem but still too expensive. Anybody any ideas, please??
    Whereabouts do you live? You have tried the comparison sites haven't you?
  • rev_henry wrote: »
    Whereabouts do you live? You have tried the comparison sites haven't you?

    Hi. I live in Burton-on-Trent. Tried Go Compare, Confused.com and Compare the market, Aviva, Swintons, Ikube, Tesco and Co-op!
  • rev_henryrev_henry Forumite
    4.9K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    revelstone wrote: »
    Hi. I live in Burton-on-Trent. Tried Go Compare, Confused.com and Compare the market, Aviva, Swintons, Ikube, Tesco and Co-op!
    Hmm, not a particularly expensive area for car insurance as far as I'm aware. That does seem ludicrous though - £2500 for a new driver can be normal but that's just silly. I'm 20 and could insure virtually any car I wanted for that much.
  • bouncydog1bouncydog1 Forumite
    2.7K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    Suggest you contact a broker in your area who will have access to markets that do not advertise e.g. policies placed via Lloyds syndicates.

    Try all the usual stuff - adding older experienced drivers, see if you can take a larger excess - try your existing family insurers to see if they will take your record into account as additional drivers when quoting for your son.

    Don't take any notice of others saying " I only pay x" as their circumstances will be very different and all insurance is rated individually including occupation, experience, postcode etc.
  • edited 3 February 2012 at 8:04AM
    silverhairgrannysilverhairgranny Forumite
    1.5K Posts
    edited 3 February 2012 at 8:04AM
    My daughter is just 18.
    I have found a fully comprehensive insurance as a provisional driver also the named policy holder for her car a Corsa with me a named driver only (with no, no claims bonus but a named driver on another car. I have had no accidents ect) for £599.00 with Collingwood Insurance using moneysupermarket.com
    The downside is when she passes her Test this insurance is no longer valid as it is for provisional drivers only.
    P>S> Topcashback as well.
  • annie12annie12 Forumite
    772 Posts
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    ✭✭✭
    I have just paid £4000 for 17 year old son with the Coop youn drivers policy. He is restricted to 2000 miles, no driving between 11pm & 6am, 11-20 hours per week & no passengers after 6pm. It's the only way we could afford it, every other policy was over £8000!

    He does get discounts for good driving & as I will be driving the car too, I'd better drive very carefully! :D
  • Parking_TroubleParking_Trouble Forumite
    727 Posts
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    ✭✭
    annie12 wrote: »
    I have just paid £4000 for 17 year old son with the Coop youn drivers policy. He is restricted to 2000 miles, no driving between 11pm & 6am, 11-20 hours per week & no passengers after 6pm. It's the only way we could afford it, every other policy was over £8000!

    He does get discounts for good driving & as I will be driving the car too, I'd better drive very carefully! :D

    50p per mile. Only 2000 miles and several restrictions.
    2000/52 = 38.46 miles per week. About 1 hour 15 mins of driving at 30mph. 11-20 hours @ 30mph = 330 - 600 miles

    Presumably the 2000 miles includes you as well.

    Not much point in him having his own car?

    My 17yo (now 18) didn't need his own car so we added him as a genuine occasional driver on our Corsa 1.2. He can only use it when the car is available, evenings and parts of the weekend. £2300 pa and none of the restrictions you have with Coop.
    Mr Straw described whiplash as "not so much an injury, more a profitable invention of the human imagination—undiagnosable except by third-rate doctors in the pay of the claims management companies or personal injury lawyers"

  • nibsnibs Forumite
    577 Posts
    Part of the Furniture 500 Posts Combo Breaker
    ✭✭
    DS 18yrs old.
    corsa 05 1200cc
    1yr NCB
    £1600 fully comp with Aviva (online)
    Both parents added
    £80.80 topcashback :j
  • annie12annie12 Forumite
    772 Posts
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    ✭✭✭
    50p per mile. Only 2000 miles and several restrictions.
    2000/52 = 38.46 miles per week. About 1 hour 15 mins of driving at 30mph. 11-20 hours @ 30mph = 330 - 600 miles

    Presumably the 2000 miles includes you as well.

    Not much point in him having his own car?

    My 17yo (now 18) didn't need his own car so we added him as a genuine occasional driver on our Corsa 1.2. He can only use it when the car is available, evenings and parts of the weekend. £2300 pa and none of the restrictions you have with Coop.

    If you can get the insurance at a good price then obviously it would be better without restrictions! But, unless we paid £8000 this was the best option. No, my driving mileage allowance is up to £3,000 & 11-20 hours per week. I can have 1 passenger after 6pm but no driving 11pm-6am which is fine by me. After a years insurance it will hopefully be less. He's 18 in May so I will check if premiums are a lot lower.

    I sold my Mercedes A class to share his car with him, I don't do that much driving & so it was the best option to us.

    Out of interest a lot of companies wouldn't insure him as we live in Manchester!! They weren't interested which part, it was a blanket no!
This discussion has been closed.
Latest MSE News and Guides