Teenagers Car Insurance

[pornomagboy]

when i passed my test 5 years ago i done pass plus think it cost me about £80 or something and it gave me 1 years no claims discount once passed

 

[kingcole]

Get them to do Pass Plus. It cost £150 and will give 6 hours post test tuition, including Motorways. Most insurance companies will award a years no claims (30%) to pass plus certificate holders, so the cost is recouped immediately.

The main reason for doing pass plus is obv to make them a better, safer driver.

I am a qualified ADI (instructor) and can teach pass plus. PM me if you need some more advice.

 

[pasty]

Her instructer has mentioned the pass plus thing, and I've done a few comparions and it takes about £300 off a £2K quote on a 1.2L Polo. We are considering it anyway just down to the motorway experience and safety aspect of it irrespective of any insurance benefit.

swerving off slightly from the insurance thing, I still find it a bit odd that technically, there is nothing legal to stop her going out and getting a Porshe or such like and belting up the motorway right now having passed her test only a few hours ago. I think GB should adopt some kind of P-Plate policy as mentioned on here that other countries have.

 

[Westdene Wonder]

Have you thought of borrowing from the sum being put away for her marriage,perhaps you could get her agreement not to be wed before say 30 years of age.
I would mention that i dont have daughters

 

[Marc]

the apprentice at my work is 18 (I think) and his Insurance says he has cant drive after 11pm til 7am or something like that, according to him that made the insurance alot cheaper, dunno whos it with though sorry

 

[Springal]

Probably already been said, but initially, try putting her as a named driver under someone with lots of experience, or put her on as main driver with someone old/experienced on there also.

I'm 25, with a BMW 325i Coupe, 07 Plate and it still saves me about £200 a year, just by having my 52 year old mum on my insurance, she has never and will never drive it ;-)

 

[Lady Whistledown]

Maybe everyone should all start planning their families a bit better, according to how much it will cost you in life.

I mean, unfortunately, the statistic that men STILL, on average, get paid more for doing the same jobs as women is a bit of a downer if you're after your kids looking after you in old age.

But in the shorter term, girls are going to cost you FAR less in insurance, and they're less likely to end up in court and thus paying costs and fines. So go GIRLS.

Men are of course responsible for a far greater proportion of crime than women too. Imagine how much THAT costs the state. We need to start weeding out those Y chromosomes right NOW.

 

[Lady Whistledown]

Probably already been said, but initially, try putting her as a named driver under someone with lots of experience, or put her on as main driver with someone old/experienced on there also.

I'm 25, with a BMW 325i Coupe, 07 Plate and it still saves me about £200 a year, just by having my 52 year old mum on my insurance, she has never and will never drive it ;-)

As has been said above, if the policy is in your name that's fine, however if it was in her name and you were a named driver, it would be fraudulent and the insurance company would refuse to pay out if they suspected it was the case.

And insurance companies don't need much of an excuse not to cough up.

 

[doogie004]

register the car in your name so you are the legal owner then put her on your insurance . i stopped having my own insurance a long time ago and went on the wifes as a named driver a lot cheaper on womens

 

[happypig]

P plates are used in Australia.; there are red and green ones. Red is for the first year after passing a test and green for the year (or two) after that. They are restricted to lower speed on motorways and who /when then can carry passengers.

As for no insurance in the UK, it's 6-8 points plus a fine so get caught twice and it's a totting ban. Get caught driving whilst disqualified and you're in deep shit (although not deep enough in my opinion - should be virtually certain that you'll go inside but in reality you'll get a community penalty for the first and probably the second)

Oh, and if we're playing the numbers game, I just paid £168 for a 1982 suzuki jeep.

 

[SNOOBS]

I'm 18 and for a 1.2 clio was quoted 4.2k and upwards on my own

Think it was about 1800 with my 22 year old sister as main driver, Admiral was cheapest.

Not sure if its cheaper but you may want to look at the female only insurers.

 

[Bry Nylon]

Look at it from an insurance company's point of view.

If a teenage lad came up to you and said "I'm going to drive my car all year, when I want and with who I want, and you are liable for any damage, death or injury to myself or anyone else" - how much money up front would you want to make that proposition worthwhile?

Me? I'd want hundreds of thousands of pounds, if not more.

 

[SeagullRic]

the apprentice at my work is 18 (I think) and his Insurance says he has cant drive after 11pm til 7am or something like that, according to him that made the insurance alot cheaper, dunno whos it with though sorry

They definitely have that with Quinn, and might do with some others. Basically, there's a little machine in the car which sends a message to the insurers when the car is driven between those times. The major disadvantage is that it can't differentiate between different drivers: thus anyboyd insured on the car can't drive between those times.

 

[SeagullRic]

Have thought that for a while, as there is no doubt whatsoever that young male drivers are particularly susceptible to showing off when they have others in the car.

I think they may operate something like this in Australia- could be wrong on the country but I know somewhere does. New drivers have to display P plates for the first two years of holding a licence, which then identifies them as drivers that cannot have passengers on board. Of course you could always remove the P plates to try and get round it, but then that would constitute an offence itself for which you could be prosecuted.

I have a feeling some countries prohibit young drivers from being on the road between certain times of day as well (I guess in the evenings/nights).

Not sure about Australia, but they definitely have a system like that in Canada

 

[Kuipers Supporters Club]

As on a previous thread I stated I had past my test last week.
Mine is £110 P/M

 

[beorhthelm]

Look at it from an insurance company's point of view.

i know. huge, desperate, legal enforced, demand, while few actual payouts as they have will be on high excess and daren't claim for knocks for fear of lossing the NCB. loverly jubberly.

 

[Since1982]

i know. huge, desperate, legal enforced, demand, while few actual payouts as they have will be on high excess and daren't claim for knocks for fear of lossing the NCB. loverly jubberly.

But the fact is motor insurers have been losing money for the past few years. Not because the number of accidents has risen - it hasn't. Nor has the severity of injury - newer cars are safer. The huge issue is personal injury claims - egged on by the claims farmers it is adding millions to the cost of motor insurance and anybody who has ever claimed a grand or two for "whiplash" after a no fault accident is part of the problem + credit hire giving out hire cars whilst your is being repaired. All adds to the cost. We have one of the most competitive insurance markets in the world so if it were possible to offer the cover at a lower price and still make a resonable return somebody would have done it. Doesn't help youngsters though - my 21 year old is just getting his premiums down to a reasonable level initially with Direct Line and now on a family fleet policy with Admiral.

 

[Garage_Doors]

As on a previous thread I stated I had past my test last week.
Mine is £110 P/M

What age are you , what car, which company ?

 

[beorhthelm]

But the fact is motor insurers have been losing money for the past few years. [...] We have one of the most competitive insurance markets in the world so if it were possible to offer the cover at a lower price and still make a resonable return somebody would have done it.

a slight contradiction going on in there, if they are losing so much, they would get out of the business. so many underwriters are willing to take thousands of pounds from young drivers, why would they if its a big loss? truth is young drivers (very high demand, little option, acceptance of cartel-like pricing) subsidise the more competitve parts of the market.

personal injury claims is another big issue though, be nice to see that outlawed (the ambulance chasers, not the claims).

 

[Since1982]

a slight contradiction going on in there, if they are losing so much, they would get out of the business. so many underwriters are willing to take thousands of pounds from young drivers, why would they if its a big loss? truth is young drivers (very high demand, little option, acceptance of cartel-like pricing) subsidise the more competitve parts of the market.

Not as simple as that. Until fairly recently you could write the core motor cover at a loss because you made money on the investment returns from the premium. Losing that source of income plus the massive PI bill (hundreds of millions of pounds per insurer per annum) gives them a real problem. The vast majority of major insurers have such large books of existing motor business that if they simply stopped they would suffer even bigger losses from the unused call centres, underwriters, IT infrastructure etc etc. Thats why they are pushing through very large rate increases for al drivers to try and get some profit back into the market. I spent many years working for one of the biggest home and motor insurers in the market - whilst I dont expect anybody to feel sorry for insurers the real villians are the claims management and credit hire companies.