Teenage DS trying to insure a car!

[nagynolonger]

Any lucky parent out there with any advice on car insurance for an 18 year old.

He's driven on mine as a learner but now is now trying to insure a 10 year old car in his own name.

Cheapest he's found so far is £1500 with a tracker (monitors speed etc) and a curfew (between 11 and 5am).

He really does need a car to get to work. He has to be there for 7am and poor mum and dad would like a lie in.

Is this what it costs now days?

It's equally high for girls.

We will look into that. Thanks.

DS picked up his car tonight (yay!). The cheapest insurance was with iKube, £1500 with a tracker, legal cover, breakdown cover.

We were quoted double that many many times before we got iKube. It's a 1.2 Corsa, 10 yrs old.

And we did need to pay for the tracker (£250, included in above premium). If he uses it at night he gets fined £100. It also spies on his speed which I think is excellent.

I've got another son who turns 17 in the summer and a 15 year old too.........Last bus is 10pm. I'll be transporting them around for the next 10 years.......££££!

I was thinking that a tacker might not be such a bad thing mumblechum.

did you try what i suggested with putting you and your husband as named drivers on his policy OP? Wondered if you had any luck. It has made a massive difference to my dd aged 17

She pays 134 per month for fully comp with dh and i on her policy. without us is was a good few hundred more for the year. worth a try

find a 40 year old female to put on the insurance with him as an extra named driver and see if that brings the price down.

I will certainly give that a go SodThat.

I'm a bit older than 40. Are 40 year old women the cheaapest to insure?

well i am 47, dh 45 so could be something like that.

Friends have had good quotes from LV.

DSD (19) found that with just her on the insurance they were around £5000. She put her grandad on the insurance (she has his old car) and it brought it down significantly. LV's quote were good around £1300 I think. She's with insure the box, now though. It's £1150. She had to have a tracker fitted, but she doesn't have a curfew.

Would second putting every responsible adult you know on the policy!

memphis83 Wed 02-May-12 18:01:47
Either put yourself on his policy or try a company like Direct Line where named drivers get no claims discount built up and have you as a main driver and him as a named?

Just be careful of fronting - it can lead to claims being invalidated.

At 17 my car insurance cost £1100, I had a 2002 Corsa 1.2, both parents and my grandmother were on my policy!

That was in 2006, it went down sharply after 2 years no claims... By 2009 I was only paying £550 a year - not sure what it would be now, as I have a very fast, large car, but I only pay £680 a year for myself and DH (incidentally this year it got more expensive to put my parents on instead of cheaper for the first time)!

I didn't know it was called fronting but that is what some of the parents we know are doing. It will be insured in DS name......he will have to pay. Tough being an adult. DH and me will renew the tax to soften the blow a bit.

It's fronting if the owner of the policy is someone other than the main driver.

Interestingly someone I knew was doing this but obviously the insurance companies were wise to this. He was being quoted £10,000(!) with his mum as main driver. By being honest the quotes actually dropped down to a much more reasonable £1500.

Don't forget to try companies that don't appear on comparison sites too like Aviva. DS found his old mini was cheaper to insure than most of his mates Corsas and Clios. A friend who works in insurance did explain why (something to do with the high numbers of young drivers driving typical boy racer marques having accidents therefore those cars are seen as higher risk=more expensive to insure).

£1500 is good! My DS (18yo) insured vis Co-op Smartbox. £2000 insured in his own name with me as named driver. That was the best we could get.

Prices for boys should start to come down next year in line with european legislation. Unfortunately that means girls will go up to bring males and femailes in line.

DS (18) was getting quotes up to £5000, Eek. We eventually got a policy with Swinton for £1300, car is insured for DS and myself.

The policy has fortunately reduced a bit this year.

We found that some of the tracker companies were horrendously expensive, it's easier to tell DS that he's not allowed to use the car evenings or weekends without prior request. He's happy to comply with that as he needs his licence and job, more than he needs to use the car at those times.

Somebody mentioned Admiral further up the thread - I know this is just one snippet, but a friend is having a nightmare with them after a tree collapsed on his car this weekend, writing it off. Ridiculous wriggling to try to get out of letting him have the hire car that is on his policy, and the amount they have offered is seriously ridiculous...... they said it's not worth much as it's "all scratched"...er, maybe the fact a tree landed on it might have something to do with that .

I too know youngsters whose quotes have come down a huge amount because their Mum or Gran has been added onto their policy.

try ingenie it is the cheapest we have found - it does use tracker technology but there is no curfew

I paid £1500 last year, and I'm 46! (I only passed my driving test last year, that's why!)

Have you tried Endsleigh, they are student insurance so geared to young people and were ok with our two