Young Drivers' Car Insurance Savings Feedback

Suarez

berbastrike wrote: »

21 year old male, £248 fully comp. Perhaps some kind of record!

Do you drive a go cart? :eek:

rev_henry

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?

revelstone

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_henry

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.

bouncydog1

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.

silverhairgranny

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The downside is when she passes her Test this insurance is no longer valid as it is for provisional drivers only.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.

annie12

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!

Parking_Trouble

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!

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.

nibs

DS 18yrs old.
corsa 05 1200cc
1yr NCB
£1600 fully comp with Aviva (online)
Both parents added
£80.80 topcashback :j

annie12

Parking_Trouble wrote: »

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!