Jump to content

cheap car insurance


mikky
 Share

Recommended Posts

if you shop around some insurers will do cheaper young persons insurance but it will come with strict conditions.

he might be limited to the amount of passengers he can carry at any time.some will restrict the hours he can drive i.e. cant drive after 10.30pm or before 5.00am he will only be able to drive a certain cc or below.

 

other than that prob looking at £1000 a year mark.

Link to comment
Share on other sites

IF you can get the car insured in someone elses name, with your son as a named driver, you should be able to get it down to 700 ish, mine is 760 odd for me and my mum, and I've had to declare previous accidents.

 

 

O, and try and find local insurers, for me they were much much cheaper (a third of the price) than the national brokers

 

 

good luck :lol:

Link to comment
Share on other sites

We were told they load the policies if it's a ford, and girls are 30% cheaper. They said fiat/renault etc are cheaper.

 

It was easy £1250 to insure and check to see how much it goes up when he passes his test. My sons went up by £500 when he past his test!

 

Phil

Link to comment
Share on other sites

IF you can get the car insured in someone elses name, with your son as a named driver, you should be able to get it down to 700 ish, mine is 760 odd for me and my mum, and I've had to declare previous accidents.

 

dont do that :lol: its called fronting (insuring a car in your name for someone else), in simple terms its fraud, and if you get caught doing it and theres an accident you will be up the proverbial creek without a boat, never mind a bloody paddle :lol:

Link to comment
Share on other sites

dont do that :lol: its called fronting (insuring a car in your name for someone else), in simple terms its fraud, and if you get caught doing it and theres an accident you will be up the proverbial creek without a boat, never mind a bloody paddle :lol:

 

Loads of people do this so long as the parent drives the car aswell sometimes then its fine.

 

Joe

Link to comment
Share on other sites

NFU quoted the farmers 17 year old daughter over £2500 for a 1.3 jimny. :lol:

 

Ridiculous prices for young drivers now due to all the 'where theres blame theres a claim' tosh going on. :lol:

 

 

You taking the ****? Me and all my brothers for insured on a 2.0 liter diesel non tub golf with them for less than £600 per person as named drivers and i know someone who has basically any car insurance at 19 with the NFU for that sort of money

 

George

Edited by groach1234
Link to comment
Share on other sites

You taking the ****? Me and all my brothers for insured on a 2.0 liter diesel non tub golf with them for less than £600 per person as named drivers and i know someone who has basically any car insurance at 19 with the NFU for that sort of money

 

George

 

We've got a similar policy. We're charged a set fee per car we add. The insurance group is capped to 19 though.

 

So long as you share the car and you ensure that you tell the insurers that the policy holder is the main driver then your ok. If your son where to drive it to college everyday ect then this policy probably wouldn't be a gd idea. If you ring up local insurers many of them will do a joint insurance package for you and your child which isn't effected by who uses it the most.

 

Joe

Link to comment
Share on other sites

Loads of people do this so long as the parent drives the car aswell sometimes then its fine.

 

Joe

 

no it isnt. if the car belongs to the parents, and its declared that the young driver will be the main user, then it might be ok, but companies will normally load the premium (which canmake it work out dearer than if it was set up in the young drivers name) or they will just refuse to take it. BUT if the car actually belongs to the young driver then they have to insure - in technical terms it comes down to insurable interest (cant insure something that doesnt belong to you) and, as i said, fronting (older driver insuring a car for a younger driver to get the price down = fraud).

 

all it takes is to have an accident and the insurance company to get suspicious and youre in trouble - a friend of mine insured his car in this way and crashed into a bus, £40,000 worth of personal injury claims were put in by some of the passengers, the insurance company realised that it was his car and walked away from the claum. he was left with a bill for £40k and was lucky the insurance company didnt prosecute him.

 

btw, i know plenty of people do it, and i wish ******* housewives would stop ringing me and saying "oh ive never had a car in my own name before, but i just decided to buy myself a nice tdi golf with alloys and body kit at the weekend, can i have a price? oh and i was also wondering if it would be possible to add my 17yr old son who just passed his test last week...." - if theyre lucky they get a sarcastic response before i explain ive heard it all before, and why i cant do it :lol:

Link to comment
Share on other sites

no it isnt. if the car belongs to the parents, and its declared that the young driver will be the main user, then it might be ok, but companies will normally load the premium (which canmake it work out dearer than if it was set up in the young drivers name) or they will just refuse to take it. BUT if the car actually belongs to the young driver then they have to insure - in technical terms it comes down to insurable interest (cant insure something that doesnt belong to you) and, as i said, fronting (older driver insuring a car for a younger driver to get the price down = fraud).

 

all it takes is to have an accident and the insurance company to get suspicious and youre in trouble - a friend of mine insured his car in this way and crashed into a bus, £40,000 worth of personal injury claims were put in by some of the passengers, the insurance company realised that it was his car and walked away from the claum. he was left with a bill for £40k and was lucky the insurance company didnt prosecute him.

 

btw, i know plenty of people do it, and i wish ******* housewives would stop ringing me and saying "oh ive never had a car in my own name before, but i just decided to buy myself a nice tdi golf with alloys and body kit at the weekend, can i have a price? oh and i was also wondering if it would be possible to add my 17yr old son who just passed his test last week...." - if theyre lucky they get a sarcastic response before i explain ive heard it all before, and why i cant do it :lol:

 

My mistake i thought the car was the parents and just wanted their son to drive it too. :lol:

 

joe

Link to comment
Share on other sites

After nearly 30yrs in insurance been retired 7 years i can tell you it used to be you can insure a motor and put your son on as a named driver but it is a can of worms really as you have to name the main driver (WHO IS CLASSED AS THE PERSON WHO DOES THE MOST MILES IN THE YEAR) and if that is your son then the premium will be based on his age..

Another thing to watch out for is if the car you have bought is in your sons name (ON THE LOG BOOK) then he is classed as the main driver..

Once a good client of mine asked me for a quote for a second motor with his son as a named driver when asked he said the car was registered in his name so no problems..

Six months later the son smashed the car up complete right off log book was sent away to insurance company they noticed the owners name on the log book was the son they refused to pay out classed it as fraud even threatened him with court..

Link to comment
Share on other sites

I think I have seen mention of a policy where a named driver can accumulate a no-claims bonus.

That used to be a problem of being on your parents' insurance. You have to start from scratch later on.

 

some companies will give you an introductory bonus, ie for every full claim free year that youve been named on another policy they will give you the equivalent discount if you take a policy out in your own name, eg named on your mums policy 3 years, theyll give you the equivalent 50% discount, but not all companies will accept named driver experience (most dont in fact). still, it can really bring the price down :lol:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...