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  • Sandimat
    Follow the tips! Unless you are paid £200/hour its worth it.
    I have just followed the tips on getting a better deal for my son's car insurance. He now has better cover (fully comp with me as named driver) with lower excesses and has saved a stonking £250. (I thought we were doing well when it looked like we'd saved £200 but then went through a cashback site too and got a cheaper quote plus cashback!) All sorted in less than an hour. Brilliant. Thank you so much.
  • Derivative
    How can he be a safer driver and not likely to have an accident by not driving for 2yrs!
    Originally posted by miamoo
    All based on statistics.

    I would tend to think that someone who gets their license as a pre-emptive thing is going to be a more sensible driver. They've realised the fact that at some point in the future they may need to drive and that driving lessons can be hard to fit around other commitments.

    By contrast, someone who gets their license and gets excited about buying the first car they see might be the sort of impulsive person likely to take risks while driving.

    True in your son's case? Perhaps not. But could be something to think about on average - and if it's not that, there will be some reason.
    Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
    Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”
    • maroon_jelly
    • By maroon_jelly 22nd Feb 12, 5:33 PM
    • 180 Posts
    • 111 Thanks
    maroon_jelly
    Just though I'd let you know my views of the Co-op Young Driver insurance...

    I'm 23, been driving 5 years and have 1.2 corsa. I went with Co-op young driver insurance beginging of december 2011. I was a named driver on my mums co-op insurance last year. Decided to go on my own policy with my mum as anamed driver.

    Two weeks into the policy the 'smart box' fitted to my car stopped working. I reported this and was told it would be sort in 10 days. twoo weeks later, nothing had been sorted. Reported it again as I didn't want them to try claiming i'd broke it. Still nothing.

    One month into my policy i received an email saying the policy was ending with 5 days notice and I owed them the admin fee's for ending early. I phoned to ask why it was ending, they said I hadn't sent the a copy of my log book. The copy had been uploaded via they're site the day after i got the policy. I had proof on my co-op online 'dashboard' account. Took a while but they accepted I had provided the log book and my policy would carry on as normal (still with out a working smart box).

    I recieved an email this weekend, the premiums have gone up from £49 a month to £130 a month!!! again, phoned to ask why, was told the proof of no claims could not be accepted because they were from a different insurance company? i told them we were with co-op the previous year but they said because we went through a compare site it didnt count, it wasnt proved by co-op, despite the NCD proof being on co-op headed paper??? I was put through to the team leader who just repeated they can only accept co-op NCD, no other insurance company.

    I put over £200 deposit for the insurance when i took it out 3 months ago to cover the cost of the smart box being fitted and now have to pay £120 for it to be removed plus the usual admin fees for ending a policy early, AND find a deposit for a new policy (it would be much cheaper per month for me with most other insurers without the smart box compared to the £130 a month they now want).

    I have emailed one of their team leaders about this and have had no response yet

    i doubt im the first person they've done this to and wont be the last. They have made a fortune out of me due to this!!!

    I would avoid them at all costs from now on!!!!
  • stewb
    Temporary driver cover
    Another option my broker found for me is temporary other driver cover. my daughter recently passed her test, but realistically she won't have much chance to drive the family car, so tripling the cost of my insurance from £220 to £750 didn't make sense, especially as she will be off to college in the Autumn. Some companies (Ageas, Aviva) have a temporary other driver provision where you pay a premium on a daily/weekly basis which can be used for up to 90 days a year. So, if you have a young driver using the car occasionally this might work out a lot cheaper than a full policy.
  • stewb
    Fairness for young drivers
    All new young drivers are being punished by the very high premiums that make the cost prohibitive for most and lead directly to many choosing to drive uninsured. Surely it would make more sense to offer an average driver premium for new drivers, given that they haven't any no claims bonus anyway BUT make it clear this is a probationary policy, and that any accident related claim where you at fault will then result in a huge hike in the premium.
    That would clearly incentivise careful driving and hit the boy racers in the pocket when guilty of bad driving.

    Insurance is supposed to be about pooled risk, but it isn't working for young people. we were all young once!

    By the way, why do we allow protected NCDs? It is another way of incentivising poor driving!
    • bouncydog1
    • By bouncydog1 24th Feb 12, 7:17 AM
    • 2,620 Posts
    • 2,090 Thanks
    bouncydog1
    You pay extra to protect your bonus so once you have driven carefully to try and avoid accidents, why shouldn't you have the option of paying a little more to keep your bonus.

    If you have two accidents within a set period you lose the lot anyway - you can't protect it for ever. And even with protected if you have an accident and don't lose your bonus, insurers are still likely to apply an experience rating.

    It's optional - why shouldn't it be allowed?
    • PJB
    • By PJB 24th Feb 12, 4:14 PM
    • 1,334 Posts
    • 300 Thanks
    PJB
    Son is 21 and just passed his test today.

    We have given him our old 1.6 Megane Coupe, not good I know but it doesn't end there, the car is black and it was a Cat C write off - OUCH!

    Any tips on getting quotes, best so far is £5,500!

    Not sure if best bet is to get something temporary and then sell the car, so he can get something more reasonable to insure, be a shame as the Megane only has 40k odd mileage and is lovely to drive!
    • annie12
    • By annie12 24th Feb 12, 4:29 PM
    • 761 Posts
    • 644 Thanks
    annie12
    I posted this in the other young driver's thread on Wednesday.

    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!
  • mikey72
    ................By the way, why do we allow protected NCDs? It is another way of incentivising poor driving!
    Originally posted by stewb
    It's insurance for your insurance.
    Who do you think it costs more, the customer, or the insurance company?
  • stewb
    Its insurance for your insurance
    You pay extra to protect your bonus so once you have driven carefully to try and avoid accidents, why shouldn't you have the option of paying a little more to keep your bonus.

    If you have two accidents within a set period you lose the lot anyway - you can't protect it for ever. And even with protected if you have an accident and don't lose your bonus, insurers are still likely to apply an experience rating.

    It's optional - why shouldn't it be allowed?
    Originally posted by bouncyd!!!
    As Mikey above points out it is a money maker for the insurance companies. Personally I have never protected my NCB, as I don't believe in it, and it boosts the premium. If I have an accident I will lose SOME of my NCB, which is how it should be.
    • josie1256
    • By josie1256 24th Feb 12, 8:28 PM
    • 13 Posts
    • 7 Thanks
    josie1256
    17 year old car insurance
    I am looking for insurance for my son 17 to be insured for our Corsa 2008 the cheapest I have found is Direct Line £1269.88 fully comp but would have to pay over £120 to protect my husbands NCD.
    • annie12
    • By annie12 24th Feb 12, 9:22 PM
    • 761 Posts
    • 644 Thanks
    annie12
    I am looking for insurance for my son 17 to be insured for our Corsa 2008 the cheapest I have found is Direct Line £1269.88 fully comp but would have to pay over £120 to protect my husbands NCD.
    Originally posted by josie1256
    I'd say that's excellent!! I wish we could get it that cheap!!
    Have you tried all the comparison sites? Another one is Crosby Insurance Brokers, they do a young driver policy.

    Sorry, I'm assuming he's passed his test. If he's a learner there is Collingwood & other companies do learner policies if they're driving their parent's car.
    Last edited by annie12; 24-02-2012 at 9:25 PM.
    • josie1256
    • By josie1256 24th Feb 12, 9:48 PM
    • 13 Posts
    • 7 Thanks
    josie1256
    I'd say that's excellent!! I wish we could get it that cheap!!
    Have you tried all the comparison sites? Another one is Crosby Insurance Brokers, they do a young driver policy.

    Sorry, I'm assuming he's passed his test. If he's a learner there is Collingwood & other companies do learner policies if they're driving their parent's car.
    Originally posted by annie12
    Yes he has passed, will have a look at Crosby. He is going to complete his pass plus so hoping for a further discount.
    • MarkyMarkD
    • By MarkyMarkD 24th Feb 12, 10:14 PM
    • 9,795 Posts
    • 4,216 Thanks
    MarkyMarkD
    Just though I'd let you know my views of the Co-op Young Driver insurance...

    I'm 23, been driving 5 years and have 1.2 corsa. I went with Co-op young driver insurance beginging of december 2011. I was a named driver on my mums co-op insurance last year. Decided to go on my own policy with my mum as anamed driver.

    -snip-

    I recieved an email this weekend, the premiums have gone up from £49 a month to £130 a month!!! again, phoned to ask why, was told the proof of no claims could not be accepted because they were from a different insurance company? i told them we were with co-op the previous year but they said because we went through a compare site it didnt count, it wasnt proved by co-op, despite the NCD proof being on co-op headed paper??? I was put through to the team leader who just repeated they can only accept co-op NCD, no other insurance company.
    Originally posted by maroon_jelly
    Which part of this wording on their website:

    Ask your named drivers to call our Customer Contact Centre on 08457 46 46 46.
    isn't clear?

    Named driver NCD is a privilege, not a right. If Co-op want to restrict it to telephone sales, rather than comparison site sales where they are paying the comparison site £100 or so, why shouldn't they?
  • mildred1978
    I posted this in the other young driver's thread on Wednesday.

    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!
    Originally posted by annie12
    And not very far!! 2000 miles a year? That's less than 40 per week! Would love to know how he's going to make that last 11-20 hours per week!
    Science adjusts its views based on what's observed.
    Faith is the denial of observation, so that belief can be preserved.
    Tim Minchin
    • forgotmyname
    • By forgotmyname 25th Feb 12, 2:47 AM
    • 29,579 Posts
    • 12,167 Thanks
    forgotmyname
    I cant find anything on the website to say young driver only allowed to do 2000 miles but older drivers are allowed to use the car and do more. Too easy to abuse that system.

    I have a feeling as soon as they get past 2000 miles with either driver a bill of £500 will arrive for exceeding the policy conditions. Or worse.
    Punctuation, Spelling and Grammar will be used sparingly. Due to rising costs of inflation.

    My contribution to MSE. Other contributions will only be used if they cost me nothing.

    Due to me being a tight git.
    • bouncydog1
    • By bouncydog1 25th Feb 12, 9:42 AM
    • 2,620 Posts
    • 2,090 Thanks
    bouncydog1
    As Mikey above points out it is a money maker for the insurance companies. Personally I have never protected my NCB, as I don't believe in it, and it boosts the premium. If I have an accident I will lose SOME of my NCB, which is how it should be.
    Originally posted by stewb
    And that's entirely your right to choose - personally I'd rather pay a little extra and have the protection just in case.
    • annie12
    • By annie12 25th Feb 12, 12:00 PM
    • 761 Posts
    • 644 Thanks
    annie12
    I cant find anything on the website to say young driver only allowed to do 2000 miles but older drivers are allowed to use the car and do more. Too easy to abuse that system.

    I have a feeling as soon as they get past 2000 miles with either driver a bill of £500 will arrive for exceeding the policy conditions. Or worse.
    Originally posted by forgotmyname
    It is specific to us, you input the details & they give you a quote.
    You have a box fitted & your driving is monitored. I'm going to keep a list of each journey mileage for both of us & times.
    • annie12
    • By annie12 25th Feb 12, 12:04 PM
    • 761 Posts
    • 644 Thanks
    annie12
    And not very far!! 2000 miles a year? That's less than 40 per week! Would love to know how he's going to make that last 11-20 hours per week!
    Originally posted by mildred1978
    Yes, I know, but I'd rather he had the driving experience. After the year he's have some no claims so will hopefully be cheaper.
  • mildred1978
    Yes, I know, but I'd rather he had the driving experience. After the year he's have some no claims so will hopefully be cheaper.
    Originally posted by annie12
    2000 miles is barely any experience. 5 miles per day!
    Science adjusts its views based on what's observed.
    Faith is the denial of observation, so that belief can be preserved.
    Tim Minchin
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