Teenage drivers - any tips for cheapest car insurance?

(33 Posts)
fortyplus Sun 25-Aug-13 23:15:08

18yo ds2 passed his test in May and has just bought a 51 plate Peugeot 106. Quoted £2300 for insurance with Co-op which is the cheapest he's found. Any ideas for a better deal? 19yo ds1 pays £900 for a Fiesta 1.2 with Monarch so it seems that a year makes a huge difference.

I'll be doing PassPlus to bring it down a little bit more than it would be, but I know it'll jump up. sad Insurance costs too much anyway angry

Rascalls3 Sat 21-Sep-13 18:44:06

Mooninleigh94, unfortunately your insurance premium will almost certainly leap up once you have passed your test. Supervised provisional drivers are viewed by insurance companies to be a safer bet than newly qualified drivers. If you are lucky your premium won't increase until after your renewal.

Try Kwikfit, and wherever you try, put yourself/any other drivers on the insurance. I'm 19 and have a provisional, I'm policy holder and pay for it all on a Fiat Punto with my mum and OH as named drivers (both use the car with varying frequency), my policy is £800 a year. I'm 3rd party fire and theft as car is only worth £380; just needed something cheap and cheerful to learn in (although it's here to stay now with a DC on the way and no space for car seats in OH's soon-to-be-sold car hmm ).

AAAndy Wed 18-Sep-13 16:33:41

My daughter went with www.insurethebox.com (is okay for me to put the link down?)

I'm pleased to see that the company she went with was well received by BlackBoxReviews smile

TakingThePea Sun 08-Sep-13 23:57:51

Bell/Admiral group were cheapest for me.

£900 for a 19 year old is amazing.

I'm 24, in London and still get quoted ridiculous amounts!!!!

Hi there, i run a black box insurance review site.

There are many different insurers for black box insurance and in our reviews insurethebox comes top, followed by drive like a girl.

Other good companies for young drivers are Marmalade and Co-operative Young Drivers Insurance, however there are new products being launched all the time as all the major insurance companies rush to get in on this form of insurance.

My advice would be that you look at all the present black box providers see which one offers the package that suits you best and give them a try. If it does not suit change it, there are plenty of companies looking for your business.

There is also the alternative of the Roadhawk dash cam that will monitor and record all your journeys in audio and HD which is great for beating crash for cash scams and providing evidence in a no fault accident. Insurance companies are offering substantial discounts for drivers who have one fitted.

I am loathe to put a link on here in case it is counted as spam which is not my intention but I will this time as I am sure it will be useful to you.
You can read reviews on all these companies and the roadhawk dash cam at www.blackboxinsurancereviews.com

I hope that you find it helpful.

Rascalls3 Fri 30-Aug-13 23:45:33

I found Direct Line cheapest. Needed to insure 3 DDs,aged 20,17 and 17. Main driver is one of the 17 year olds as eldest at uni. Small engined 2 year old car. Most companies wouldn't insure so many young drivers. Husband added as an additional driver. No excess and no black box. Just over £1700 and I hope it will be a lot cheaper next year!!
Direct Lines also allows additional drivers to earn their own no claims discount if they later get their own car and insure it with them.

tilligan Fri 30-Aug-13 18:49:21

Other companies also use "black box" or "telematics including:

Direct Line and Bell Admiral-part of Admiral I think. I am also trying to resolve same type of problem-am just about tearing my hair out now!

fortyplus Tue 27-Aug-13 08:13:23

SquidgyMummy - Bus? If only! Infrequent and unreliable in these parts - oh and small matter of they don't go anywhere you need to!

Did you see that his girlfriend is going to university in Cardiff? That's a 4 hour drive but he'd have to travel into London first to get on a bus. He'd have to set aside a whole day for travel - not very practical if he wants to go for the weekend.

He's paying for everything himself, by the way, I'm not some doting parent buying the car and insurance for him.

Blush12 Mon 26-Aug-13 23:16:29

My 19 year old DS is insured with Asda.

SquidgyMummy Mon 26-Aug-13 23:08:26

Whatever happened to the Bus?!

fortyplus Mon 26-Aug-13 22:57:33

SquidgyMummy he's already bought the car! grin

His girlfriend will be at University 3 hours' drive away so he thinks he needs a car wink

SquidgyMummy Mon 26-Aug-13 22:35:57

DSD's boyfried (18) suggested buying a scooter and insuring that (much cheaper than a car.) Build up the NCB and then transfer it to a car. Not all insurers will accept a transfer but worth looking into if he is not in desperate need of a car.

fortyplus Mon 26-Aug-13 22:32:37

Hi - been out all day so thank you for all the replies smile

Yes - the cheapest quotes he's had so far have required the black box and no driving between 11pm and 6am.

Loads of good advice. I don't know what's changed since ds1 took out his policy just after Christmas! His premium of £800 seems fair. £2300 for someone a year younger doesn't!

clopper Mon 26-Aug-13 20:50:45

admiral and aviva have been good for my two. I am also a named driver on my sons although have my own car so have never driven it yet. I don't think aviva are on comparison sites.

Slipshodsibyl Mon 26-Aug-13 20:42:43

Admiral insurance seems good for young people

I changed to Direct line when DS was a learner. he passed his test and is now an additional driver on my car. Not fronting as he only uses it occasionally.
They will "credit" additional drivers with no claim bonus if they were on a direct line policy, so if your son was previously named on your insurance he should tell Direct Line when he asks for a quote.

specialsubject Mon 26-Aug-13 10:50:25

third party only is not necessarily cheaper than fully comp. The risk with young drivers is what they do to other vehicles and objects around them, not the value of their car.

1 in 4 odds of a BIG crash in their first year.

JumpingJackSprat Mon 26-Aug-13 09:05:25

Go third party only if the cars only worth 450. another broker you could try is the AA they have a young driver section for under 30's. or budget insurance. price comparison sites wont give you the best deals as they have to pay to be on these sites and add it to the cost of the insurance (i think).

Fluffycloudland77 Mon 26-Aug-13 09:02:05

Could he have one of those black boxes added to the car to monitor his driving? Or agree to a curfew with the insurance company?.

saintmerryweather Mon 26-Aug-13 08:54:06

some insurers run an accelerator policy so its only for 10 months but you earn a full year NCD in that time. am not sure how it works if you then want to transfer that ncd to another company. oh and TPFT cover is often hardly any cheaper than going fully comp

ISingSoprano Mon 26-Aug-13 08:49:38

Could you change to a multi car policy? Admiral are worth a try.

Chopchopbusybusy Mon 26-Aug-13 08:42:20

If he does ask direct line for a quote remember to ask for the multi car discount (assuming he lives at your address).

I'm going back a few years but DD was initially insured with Endsleigh. When she went to uni, they advertised on site so definitely marketed at young drivers.

SmallBee Mon 26-Aug-13 08:30:19

A good suggestion already been made it to add yourself & any other responsible adults with a good few years NCD to the policy as secondary drivers.
Make sure you look at comparison sites but also be aware that some companies like Direct Line & HSBC are not in them. Try at least a couple of comparison sites (ie Go Compare, Money Supermarket)
Many instance companies offer an option called Telematics, which is to essentially have a black box installed in your car to monitor your driving & discounts good behaviour & increases your premium if you drive poorly (breaking to late, speeding etc) this is really bringing down the price for drivers who are initially deemed a higher risk. I think the AA & Aviva both offer this but can't quite remember. Aviva definitely have an app available.

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