insuring young/new driver

Ant555

Does anyone have any recent experience in getting reasonable insurance quotes for new/young drivers? Have you any tips and tricks to add features or change subtle descriptions that make the premiums smaller?

I am not sure if my expectations are wrong but if I add 17yo daughter to my 10 plate Corsa then it adds £1200 to my insurance (Online quotation adjusted to say she had passed and not just learning which is cheaper)

If I do a quote for buying her own car - something along the lines of a £1500 Peugeot 1.0l then its £1100 insurance with a black box and me as a named driver.

I wonder if we are better off in the long run getting her own cheap car and starting her own insurance rather than insuring on ours - after 3 years we might be even money (barring any accidents) and she has her own NCB?

Has anyone been through this recently?

mcpitman

Black box schemes will more than likely be the cheapest, due to the risk associated with new or young drivers.

My wife passed her test last December, she is 30, but still a new driver.

Insured with Admiral and no fancy additions to the policy (breakown protected NCB etc), this came back at £600 for the year on an 02 plate 1.25 fiesta. (this is with me as the named driver, I have ~20 yrs NCB, no points and no accidents/claims in the last 5 years).

Unfortunately, statistically, 17-21 yr olds are the highest risk group as far as most insurers go.

You could try some of the specialist firms like Adrian Flux etc, normally these are for performance/modified cars, but may cater for high risk groups too.

richy999

My brother bought a cheap corsa for his 17 year old daughter and insured it in her name. Insurance was eye watering and she sold it a year later as she was going off to Uni and couldn't afford to run it.

I would see how you go with her being on your insurance for 12 months or so. You would still have to Tax/MOT/Service any car you buy your daughter so if it's purely a financial decision, you should consider this in your calculations.

AdrianC

Don't forget that you do need to be honest to insurers about who the main driver of the vehicle is. If you say "Well, yes, my daughter is a named driver on my Corsa, but I'm the main driver, honestly...", then there may well be serious questions if it's involved in a collision with her driving, especially if she's on her way to work/school/college. In the worst scenario, they may well refuse to cover her and hand her the bill for the third party's claim.

Wh05apk

I would not recommend adding her to your policy, the cost will likely be similar to her taking out a policy in her name, but she will not accrue any NCB, and if she has an accident it will affect your policy.
Try getting a quote in her name on your car, with either you, or a "responsible adult" as a named driver.
Corsa's do however tend to be quite high on insurance as they are popular with learners and boyracers!

dcouponzzzz

I passed in April last year, bought a 1.6 megane and was on my dad's policy as a fully comp named driver, no option for no claims.

This added approx 1200 to his policy as well, considering I'm 26 I think you're getting an alright deal. My 2nd year I had saved to pay my own insurance outright which cost me 1350.

Jono987

When i passed my test a few years ago (i was 19) it cost me just over 3 grand to insure my 1.2 Fiat Punto! However after 2 years NCB im down to £500 on a 1.6 Toyota Corolla so definitely worth looking into getting her own policy if its not too eye watering.

fred246

I got a very good price from LV. On the phone i asked them to jack up the excess as high as it goes. I always do this with all insurance as I have plenty of cash in savings. The price was excellent. However, I am now trying to get my head round the fact that if my son has a bump I will probably have to pay £800 immediately. I am happy as it suits me but might horrify others.

dannyrst

I added my girlfriend as a learner driver on a 1.6 SEAT Ibiza and it cost £50 more per year. When she passes, it goes up from £500 per year to £600 per year.

Not sure why you are all paying so much for new drivers (although my OH is 23 almost 24).

Ant555

Many thanks for all the replies so far...

Not sure why you are all paying so much for new drivers (although my OH is 23 almost 24).

Just out of interest who are you using for your insurance as I might try them for a quote - However, despite your incredulity, I am sure that comparing premiums for a 23 year old and a 17 year old is not really 'like for like' as far as insurance companies go regardless of the new driver status.

Don't forget that you do need to be honest to insurers about who the main driver of the vehicle is. If you say "Well, yes, my daughter is a named driver on my Corsa, but I'm the main driver, honestly...",.

All quotes above board and honest for quotation purposes - if daughter is a named driver on my Corsa then I am still the main driver as I use it 6 days a week to and from work - so no problem there.

When i passed my test a few years ago (i was 19) it cost me just over 3 grand to insure my 1.2 Fiat Punto!

Wow £3k! I was kind of expecting £1200 pa on her own policy on a safe inexpensive car but it was the hike in my own insurance that surprised me.

LandyAndy

My advice would be to wait a year after she passes if that is practicable.

I did this with my sons who are now 21 and 19 but both passed their tests at 17.

DS1 was 20 at last renewal and has an 06 reg Peugeot 307 1.6 petrol. That was the second renewal and came in at a bit under £600.

DS2 turned 19 in May and I bought him a 57 reg 1.6 petrol Megane. First year's premium was just over £700.

Both policies include myself and my wife as named drivers. That made a significant difference.

Surprisingly, slightly bigger cars were no more expensive to insure than the usual teenage fodder of Clio/Saxo/Corsa etc.

None of this involved black box spies in the cab.