Car Insurance 17 year old .....how?!!!

Kitchen_Gardener

Also what age car is lowest insurance cost? For example a Volkswagen Up!

I'm prepared to spend 8k ish plus the first years insurance. After that it's down to him !!

His test is next week btw😮

ilikewatch2

Kitchen_Gardener said:

Also what age car is lowest insurance cost? For example a Volkswagen Up!

I'm prepared to spend 8k ish plus the first years insurance. After that it's down to him !!

His test is next week btw😮

In my experience the sort of small cars which attract young drivers (VW Up, Citroen C1, Peugeot 107, Toyota Aygo) are rarely cheap to insure due to there being so much data where they've been involved in incidents when being driven by inexperienced young drivers.

I'd start looking at some quotes for cars which aren't typically driven by youngsters if you want to save money - when one of my younger relatives was looking for quotes some of the cheapest they got were for my elderly diesel Volvo estate, I think they also got good prices for an old French diesel people carrier.

Flight3287462

Kitchen_Gardener said:

Flight3287462 said:

The car is being bought for the son who I imagine will keep it a few years (or more when they fully grasp the price of cars vs income) so it makes sense to have him as the registered keeper from the off.  My daughter was the registered keeper of her car just after she turned 16.

Insurance in the son's name from the moment he passes his test also make sense going forward.  I personally would avoid black boxes if at all possible.

What's wrong with the blackbox?

It reads and sees all. The young driver needs to be a saint as do the parents if they ever drive it.  That's why I added "if at all possible"

My youngest daughter (17) passed her test in May 2021 (mid covid) and I got her insurance for £478 without a Black Box (Fabia Monte Carlo 1.2).  When we renewed last year thought it should go down, not a bit of it, around £555, no doubt this year they will jack it again even with 2 years NCD.  I still do not understand how we ever got it that cheap in year one and I triple checked it with them, I guess it was a Covid thing.

Aretnap

photome said:

tacpot12 said:

He should be the registered keeper. Full Comprehensive insurance is usually cheaper than Third-party, Fire & Theft. 

The cost is not going to be reasonable as 17 year olds male are very risky. Expect to a lot for the first two years of insurance, even for the very cheapest to insure car. If they can avoid an accident in the first year, their premium will fall a bit in the second year. You will need to have a long conversation with him about the value of a no-claims bonus. 

I have always understood, the registered keeper doesnt need to be the main driver

He doesn't, not in principle at least. However some insurers will not offer cover unless the policyholder, owner, registered keeper and main driver (or some combination of them at least) are the same person.  So if he isn't the registered keeper it may limit his choice of insurers. Read the questions and the assumptions carefully to make sure you don't fall foul of this.

jimjames

ilikewatch2 said:

Kitchen_Gardener said:

Also what age car is lowest insurance cost? For example a Volkswagen Up!

I'm prepared to spend 8k ish plus the first years insurance. After that it's down to him !!

His test is next week btw😮

I'd start looking at some quotes for cars which aren't typically driven by youngsters if you want to save money - when one of my younger relatives was looking for quotes some of the cheapest they got were for my elderly diesel Volvo estate, I think they also got good prices for an old French diesel people carrier.

I agree. My son, albeit aged 18 not 17 got a V6 engine car for first one, insurance was lower than many of his friends with Corsas and for year 1 worked out at £1250.

Krakkkers

Serious question here, can you claim to identify as a girl rather than boy and get cheaper insurance?
Someone must have tried this.

GrumpyDil

Krakkkers said:

Serious question here, can you claim to identify as a girl rather than boy and get cheaper insurance?
Someone must have tried this.

Nope as they are no longer allowed to pro based on gender. 

Krakkkers

Really?, did not know that. Surely if its based on risk that is ok.

Username03725

DullGreyGuy said:

Username03725 said:

If this is for him to learn in it's possible to buy learner insurance for whatever period of times suits, whether that be for a day or so, a month, year or all points in between. The car must already be insured for a qualified driver for the L insurance to be valid and it lapses as soon as he passes his test. We've done it for our two to allow them to practice between lessons in our own cars, so that they don't have a week to forget everything. And practice increases confident and awareness etc. 

Google Learner Insurance, if that's what you're looking for.

Be careful with this advice, some "learner" policies are top up only policies designed to be used for a vehicle that is already insured to protect the parent's/friends insurance from claims. 

The insurance doesn't get an MID entry and doesn't cover the vehicle when not being driven by the learner meaning the registered keeper would be failing to meet the continuous insurance requirements

I specifically said the car must already be insured, so I’m not sure what point you’re making here. 

Learner insurance is a useful option in the right circumstances.

MattMattMattUK

Krakkkers said:

Really?, did not know that. Surely if its based on risk that is ok.

Insurance is based on risk where criteria are allowable, sex/gender was specifically excluded as an allowable risk criteria some time (in 2012) ago, young women's insurance went up significantly, young men's insurance went down a little bit. Other criteria that are not allowed to be used for insurance pricing purposes are things such as race, national origin, name (because it may link to sex, race or national origin) etc. If something is deemed a "protected characteristic" then in general the insurance industry cannot use it as a factor in insurance, there is an exception for age, but I think that is the only one and even then it is a secondary factor that is some way behind the number of years the driving license has been held. 

https://www.equalityhumanrights.com/en/equality-act/protected-characteristics

There are some interesting stats, for example someone legally named John or Jonathan is most likely to be at fault in accidents, and someone called Dave or David are most likely to be involved in accidents, but those are gross figures not adjusted for the large number of people who carry those names. Certain other names have a much higher rate of at fault accidents per number of people with those names insured and there are a few very obvious trends within those names. With people who have European driving licenses those from Southern and Eastern Europe are significantly more likely to be at fault in accidents. The insurance industry collects and correlates lots of data, much of it they are not currently allowed to use but they may be at some point so they track it. Ultimately it will all become irrelevant once driverless cars are allowed though as the human will always be at fault.