DDs car - add to my policy or get her own?

TheGardener

DD is learning to drive (not taken test yet) we've found her a small group 1 insurance car which we are collecting at the weekend. She is hoping to sit her test before Christmas (but of course there is no way of knowing when she will pass her test).

Which would be best - do we add this car to my current insurance/get a policy in my name until she passes her test (at which point we get her one of her own) with her as the additional (provisional)driver - or - get a policy in her own name with me as the additional driver from the outset?
TIA

Quentin

If she gets her own policy she needs to ensure her chosen insurer will cover her after she passes her test (not all will cover novice full licence holders - meaning should she need to change insurers from the day she passes will have to pay cancellation fees and lose NCD for the part year on cover)


Otherwise do the quotes and go with the best deal


By having her own policy means your NCD is not in jeopardy!

forgotmyname

Just because its a Group 1 insurance does not mean its the cheapest.

I have insured group 19+ cars for less than a group 7 or 13 car.

Mrs_Ryan

If she is going to be the main driver regardless of whether she has passed her test or not she must have her own policy. Having the policy in your name when she is the main driver is called fronting and is not allowed. Check with your current insurer their rules about multi car as every insurer is different but if it can be done that is a possibility but failing that get her a policy of her own.

eddddy

Have you tried doing some 'dummy quotes' to see what her premium will be after she passes her test?

Unfortunately, the annual premium is sometimes more expensive than the car.

robatwork

eddddy wrote: »

Have you tried doing some 'dummy quotes' to see what her premium will be after she passes her test?

Unfortunately, the annual premium is sometimes more expensive than the car.

This is sound advice. I found the quotes for learners are surprisingly reasonable. In fact much cheaper than I was expecting, even in their own names. However once passed (ie. out on their own), expect an exponential rise.....I doubt even the most basic banger in group 1 will give you much change from £1000 per year once passed - even with a black box policy.

TheGardener

Mrs_Ryan wrote: »

... Having the policy in your name when she is the main driver is called fronting and is not allowed. ...

^^ I know - but it is an option to have a policy in my name with her as the named main driver.

The reason I asked was because a friend got a provisional driver policy in DS's name and when he passed his test - the extra premium was way more than if he'd just got his own on the day he'd passed his test - its like the low/reasonable quotes are there to lure you into a policy only to find the end cost (after passing test) was way more than was reasonable.

System

forgotmyname wrote: »

Just because its a Group 1 insurance does not mean its the cheapest.

I have insured group 19+ cars for less than a group 7 or 13 car.

This. My 19 year old son found insuring a 2 litre Mondeo Estate was £500, almost 30% cheaper than insuring a 1.2L Ford Fiesta.