Donate to the running of ReefBase

We don't display ads, and we don't charge suppliers. This allows free, unbiased speech and opinion. Any donation of any amount really helps with the running costs.

Donate £1.00 Donate £2.50 Donate £5.00 Donate £10.00 Donate £20.00 Donate another value

Young Driver Car Insurance

0 Members and 1 Guest are viewing this topic. 654 views

  • Global Moderator
  • Posts: 1,954
  • Liked: 490
  • Thanks Given: 746
  • Received: 373
  • Location: Highlands
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/gav's-aqua-oak/

FFS What a minefield , been trying to get a reasonable car insurance quote for my eldest who is about to turn 18 and currently on a provisional , the insurance on the provisional license  isn't too badly priced ,.....until he actually passes his test , then quotes rise by thousands !!!
I've been trying to balance what the provisional cost is before being humped by the 'after' cost once he's passed his test .
The strangest thing I've found is in a lot of cases there is no or very little difference even between the cost of 3rd party cover than going fully comprehensive .
Best we're getting so far is around £1800 fully comp , on a 1.3 Suzuki Jimny which is more than the car cost !!!
Anyone any ideas or suggestions ?


Matt_toynton

  • Posts: 78
  • Liked: 3
  • Thanks Given: 19
  • Received: 3
  • Location: Peterborough

Reply #1

There’s no real saving grace Gav for 17-25 it’s a rip off , but to try and reduce premiums look into


Black box
Safe driving curfews
Mileage limits


Some detail on smart / black box [size=78%]https://www.co-opinsurance.co.uk/youngdriverinsurance/smartbox[/size]



Thanks:


fr499y

  • Global Moderator
  • Posts: 1,630
  • Liked: 485
  • Thanks Given: 70
  • Received: 305
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/fr499y's-4-footer-mixed-reef/

Reply #2

Personally i hate the idea of the blackbox! if you brake harder than they 'recommend' they give you a strike. Its something like 5/6 and then the premium goes up. Another way to rip you off. Try bikesure. They do car insurance pretty cheap ( even though its a bike insurer )

Thanks:


ajm83

  • Andy
  • Global Moderator
  • Posts: 789
  • Liked: 196
  • Thanks Given: 152
  • Received: 149
  • Problems: 99
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/andy's-85l-nano/new/#new

Reply #3

The strangest thing I've found is in a lot of cases there is no or very little difference even between the cost of 3rd party cover than going fully comprehensive .
Best we're getting so far is around £1800 fully comp , on a 1.3 Suzuki Jimny which is more than the car cost !!!

Yeah it's a PITA because it's the third party risk which is the expensive bit, i.e. the chance of the young driver whacking into an expensive car and potentially the injuries, loss of earnings, hire car etc etc etc. 


chilliman

  • Posts: 195
  • Liked: 29
  • Thanks Given: 5
  • Received: 23
  • Location: UK

Reply #4

stay well clear off RCIB brokers they are 100% rip off merchants,the £1800 for an 18 yr old is around the national price.you might get a bit cheaper with black box but then you are limited.and in some cases even with a black box on renewal won't be much difference for what you pay from the previous year as always insurances go's up 20-30%..he 18 going to drive an 1.3 thats one of your main problem, also insurances work on the post codes.

Thanks:


Mike

  • Administrator
  • Posts: 8,381
  • Liked: 1800
  • Thanks Given: 664
  • Received: 1146
  • Location: Manchester
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/i-conica's-tank-(picture-heavy!)/

Reply #5

It’s cheap for provisional because you’ve got a experienced driver in the car with you, teaching you.

£1.8k is cheap. At 25, I was paying £6k to insure my RX8. It was £467/month with a massive first payment of nearly a grand.

I was paying over 3k to insure my ford Ka when I passed my test.

I’m 29 with a clean licence and it’s still over a grand.

The postcode is the main factor, mine is the highest risk.

The third party vs fully comp thing isn’t that fully comp isn’t much more, it’s that 3rd party is expensive. If you’re not arsed about your own car being covered, you’re likely not going to be so careful. I.e if you break it, you’d buy another banger.

The value of your car is irrelevant. They’re concerned the insured party is going to crash into a brand new S Class, or several cars.

Honestly, the cheapest way to be young on the road is to find a just-add-fuel deal that accepts that age, and do that. Most only accept drivers aged 21 up, but my nephew has a brand new fiesta,he’s 19 and passed his test last year. It’s about £220/month iirc.
Last Edit: Apr 9, 2018 12:38:44 pm by Mike
Donate to the running of ReefBase

Thanks:


Gav

  • Global Moderator
  • Posts: 1,954
  • Liked: 490
  • Thanks Given: 746
  • Received: 373
  • Location: Highlands
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/gav's-aqua-oak/

Reply #6

Thanks for the replys everyone , the only reference to 'young' quotes was my own many years ago , I think from memory was around £800 3rd Pty F&T on a Renault 5 just after test on full license , fully comp was always substantially dearer back then (22 years ago) , yeah I've seen the postcode changes the quote lightly as I've had to look into that side of things with moving house soon , some companies that were happy to insure him on my current postcode aren't interested in my new one due to single track roads to get there . (hence the small 4wd as opposed to a small car) .
@Mike wow that's a HUGE price for insurance , I'd really grudge paying that size premium , I think I'd have asked if that quote comes with the car lol , I've currently a Shogun 3.2 and I'm a little over £200 fully comp , clean license and 39 , (hence the shock at prices) , I've never heard of the just add fuel deals , that could be another option to look into

Mike

  • Administrator
  • Posts: 8,381
  • Liked: 1800
  • Thanks Given: 664
  • Received: 1146
  • Location: Manchester
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/i-conica's-tank-(picture-heavy!)/

Reply #7

My current car is a 3L V6.  :glad:

The post code I had when I was paying that for the RX8 was M15 4DP, type that in to your quotes...

Donate to the running of ReefBase

fr499y

  • Global Moderator
  • Posts: 1,630
  • Liked: 485
  • Thanks Given: 70
  • Received: 305
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/fr499y's-4-footer-mixed-reef/

Reply #8

driving a merc?

Matt_toynton

  • Posts: 78
  • Liked: 3
  • Thanks Given: 19
  • Received: 3
  • Location: Peterborough

Reply #9

Stupid thought but I’m paying around £320 p/y F.C. on my 400hp RX7 with all my NBC tied up on my main car, (classic car policy via performance direct) which by the way is twice the price nearly at £550 F.C. with 10yrs + NCB for a bmw 318 d estate - I’m not sure how this would affect a young driver, may not even apply if you only have the one car but could you look at insuring something older on a classic car policy to reduce the premiums, or even try some of the performance car insurers such as Adrian Flux or Performance Direct they are great at getting good premiums for younger drivers

Thanks:


Mike

  • Administrator
  • Posts: 8,381
  • Liked: 1800
  • Thanks Given: 664
  • Received: 1146
  • Location: Manchester
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/i-conica's-tank-(picture-heavy!)/

Reply #10

driving a merc?

How did you guess?  :| :geek: :lol:
Donate to the running of ReefBase

fr499y

  • Global Moderator
  • Posts: 1,630
  • Liked: 485
  • Thanks Given: 70
  • Received: 305
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/fr499y's-4-footer-mixed-reef/

Reply #11

only 3L v6 i could think of lol E43?

The land shark

  • Posts: 46
  • Liked: 16
  • Thanks Given: 2
  • Received: 4
  • Location: North Lincs
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/evolution-of-a-reef/

Reply #12

As said above its mostly about the postcode.
I have a hyundai ix35 and a Vauxhall movano van insured for business use.  I have had a clean license for over 28 years. Recently moved from an Oldham postcode  where my insurance was over £3500 for both. Moved to lincolnshire, DN postcode and its dropped to £900. I was told Oldham postcode is higher than London, frustrating how they work it out.

fr499y

  • Global Moderator
  • Posts: 1,630
  • Liked: 485
  • Thanks Given: 70
  • Received: 305
  • Tank Thread: https://reefbase.co.uk/members'-tanks-6/fr499y's-4-footer-mixed-reef/

Reply #13

when i moved last year, the insurance company ended up paying me!  :grin:

Tags:


Related Topics

7 Replies
947 Views
Last post Nov 14, 2013 9:14:21 pm
by mav469
9 Replies
207 Views
Last post Jan 27, 2015 7:34:20 am
by Carol