So my eldest passed his driving test today. Which prompted me into looking at second had motors etc for him. Found a little decent one, low mileage, around £3500 Polo 1.2, 60 brake horse. then I git an insurance quote…. £2500+ that’s with an experienced named driver, telematics and all that jazz. Anybody got any ideas on whether I’ll get this much cheaper anywhere?
Not too sure mate. I was in the same boat when I passed over a decade ago, 2k for the car, 2k for the insurance. The insurance market is just **** if you’re a young lad behind the wheel
In’s company’s give you a good screw over when you are young. Then come back for seconds when you’re old. Try marmalade
A few people at work with decent no claims years are getting ridiculous renewal quotes. Think it connected to that car park fire down in Luton. The companies are taking the piss.
used to be around £250 fine for driving without insurance...can see why many younger drivers choose that option, ridiculous what companies charge now though. guess there are more drivers who have not actually handled cash and balancing a weekly wage now so they basically do not have the 'money sense' we were brought up with and quite readily accept what they get offered, and stick it all 'on the plastic'.
Just starting to look into that now for my lad. Dreading that 1st insurance quote - tempted to insure in my name with him as a name driver to see if it's any cheaper
My renewal went up £120 this year. I had to accept it as the other quotes were miles above the renewal. Suppose I should complain at £500 for 2 cars, but £380 last year was much nicer
It will increase your premiums and he won't build up any no claims bonus. Sometimes you just have to let your children have the hardship of paying. At least they may value it more, if they pay for it rather getting it for nothing.
My grandson is 17 he’s with Ticker with a black box £2000 just rang him to find out for you His cars a 1.2 corsa 2012
Black box is the way to be fair for new drivers. Make sure mileage for the year is right as you pay a lot more to top up mileage in the year. It’s not the cost of a car that drives cost it’s the liability. A crash and a young lad severely injures a mate could mean insurers having to pay loss of earnings for life, home adaptations etc. I’ve seen it happen.
Seems a sensible lad my son. I mean, he’s a lads fan, despite his Middlesbrough birthplace!! We’ve decided we’re going to buy him the car and he can pay insurance from his savings. Going s”shopping” today.
You have my sympathy mate. I rattled on about this on here a few weeks ago. These insurance companies are out of control....the increases in some of the premiums are nothing short of robbery.
My renewal up about 50% --- first glance it would seem that they are also sneeking in higher excesses.
My insurance was going to be over £2.5k when I started driving so I was a named driver on a parents car for 18 months or so until it was reasonable. Frowned upon but the likelihood of being tripped up is slim to none especially if the car isn’t used to commute.
Yeah, saw that. I'm on something like £500 excess now. They are basically trying to put people off claiming. I had a bump last year (1st ever in 30 years of driving) and I just paid for the repairs to the 2 cars - wasn't major, but insurance would have ****ing trebled had I gone through them
Well renewal offer was plus 90%. Got same cover elsewhere for plus 15%- and that even though I reduced voluntary excess.
unfortunately, insurance companies just use any excuse to bump premiums up, most have gone 'all online' so very few high street stores to what there used to be, despite saving all the rental/wages/costs they seem determined to add whatever they can onto premiums now...grandson is taking lessons now and will hopefully pass soon, dreading what his insurance will be. also, afraid i am 'oldskool' and prefer my lot to learn the value of money, rather than the more modern way of parents buying and insuring cars for them...the trouble is, in my day if you wanted something you had to save for it, now they just 'hoy it on the plastic' and don't learn that value.
