Insurance for a 17 year old, just passed his test. £4,000+

[otolith]

Quinnaay said:

Your saying yes they are to EVERY 17-18year old. Wrong i didn't your just like the insurance companies who PROSUME the young drivers crash there cars i've driven since 17 and i'm now 20 with almost 3 years NCB. The insurance shouldn't start at that sort of price and should increase only if they have any accidents that they are to blame. I'ts just a way of making a vast amount of money and no im not saying 17-18 year olds dont crash because they do but they cant be judged by the minority.

As a group, you and your peers are having to put into the pot what you cause to be paid out of it. Those who are good (or lucky) subsidise those who aren't. You might not think you belong in that group, but the insurers have no way of knowing that, they can only work with the information they have.

[ZOLLAR]

Quinnaay said:

ZOLLAR said:

But you as an individual aren't representative of your age group, there is no presumption about it but there is 30+ years of statistical data supporting the insurers.

Yes, i understand that but how can people not see that £4000 to insurance a £500 car is wrong? It should cost more than a driver with more experience but not to that degree, and everyone is being treated like they all go drag racing its ludacris. OAPS are almost as bad as young drivers in my opinion.

As mentioned numerous times before, it rarely has anything to do with the value of the car.
It's the potential injury and damage to third parties that worries the insurer.

[Quinnaay]

otolith said:

As a group, you and your peers are having to put into the pot what you cause to be paid out of it. Those who are good (or lucky) subsidise those who aren't. You might not think you belong in that group, but the insurers have no way of knowing that, they can only work with the information they have.

So insurance policies should start at a reasonable price then go up or down accordingly. But instead they know most people will pay it, theres only one winner.

[ZOLLAR]

Quinnaay said:

otolith said:

As a group, you and your peers are having to put into the pot what you cause to be paid out of it. Those who are good (or lucky) subsidise those who aren't. You might not think you belong in that group, but the insurers have no way of knowing that, they can only work with the information they have.

So insurance policies should start at a reasonable price then go up or down accordingly. But instead they know most people will pay it, theres only one winner.

It does, on a basic scale that is exactly how a premium is calculated but when you add the age into the equation it pushes the premium up.

[cra1gy1989]

As I found out when I passed my test, I had a vauxhall corsa, 1.2 group 2 insurance on a p reg, my quote on my own at 17 was 2300 quid, I asked my dad to put the car in his name, have him as the main driver, and id be the second driver, it dropped the price to 400 quid! It's just' do you trust your son with your no claims?' If so.. try getting some quotes that way!

[otolith]

Quinnaay said:

otolith said:

As a group, you and your peers are having to put into the pot what you cause to be paid out of it. Those who are good (or lucky) subsidise those who aren't. You might not think you belong in that group, but the insurers have no way of knowing that, they can only work with the information they have.

So insurance policies should start at a reasonable price then go up or down accordingly. But instead they know most people will pay it, theres only one winner.

Why should lower risk groups pick up the tab for them?

[ZOLLAR]

cra1gy1989 said:

As I found out when I passed my test, I had a vauxhall corsa, 1.2 group 2 insurance on a p reg, my quote on my own at 17 was 2300 quid, I asked my dad to put the car in his name, have him as the main driver, and id be the second driver, it dropped the price to 400 quid! It's just' do you trust your son with your no claims?' If so.. try getting some quotes that way!

You're kidding right?

http://www.easier.com/66846-drivers-risk-invalidat...

[Quinnaay]

cra1gy1989 said:

As I found out when I passed my test, I had a vauxhall corsa, 1.2 group 2 insurance on a p reg, my quote on my own at 17 was 2300 quid, I asked my dad to put the car in his name, have him as the main driver, and id be the second driver, it dropped the price to 400 quid! It's just' do you trust your son with your no claims?' If so.. try getting some quotes that way!

Its now illegal and called "Fronting" if the named driver is actually the main driver. Although they cant really prove it. The main con is you not being able to build no claims unless the company will allow it.

[ZOLLAR]

Quinnaay said:

cra1gy1989 said:

As I found out when I passed my test, I had a vauxhall corsa, 1.2 group 2 insurance on a p reg, my quote on my own at 17 was 2300 quid, I asked my dad to put the car in his name, have him as the main driver, and id be the second driver, it dropped the price to 400 quid! It's just' do you trust your son with your no claims?' If so.. try getting some quotes that way!

Its now illegal and called "Fronting" if the named driver is actually the main driver. Although they cant really prove it. The main con is you not being able to build no claims unless the company will allow it.

Can be proven quite easily in most cases.
No idea why you think the insurers are the con when it's actually the insured committing fraud

[Quinnaay]

ZOLLAR said:

It does, on a basic scale that is exactly how a premium is calculated but when you add the age into the equation it pushes the premium up.

The OP getting a quote for £4000 is not reasonable. Regardless of what you try say.

[Quinnaay]

ZOLLAR said:

Can be proven quite easily in most cases.
No idea why you think the insurers are the con when it's actually the insured committing fraud

My apologies i didn't mean it was a con i meant it like Pros/Cons. But if there prices were reasonable maybe people wouldnt feel the need to do it, or drive without insurance and pay the fine which is normally less than the given quote.

[ZOLLAR]

Quinnaay said:

ZOLLAR said:

It does, on a basic scale that is exactly how a premium is calculated but when you add the age into the equation it pushes the premium up.

The OP getting a quote for £4000 is not reasonable. Regardless of what you try say.

Never said it was reasonable but unfortunately if insurers believe his risk to amount to that premium they are well within their rights to offer that premium, he is under no obligation to take it up.

Driving as said isn't a right, there are many other forms of transport or arrangements.

[cra1gy1989]

Quinnaay said:

Its now illegal and called "Fronting" if the named driver is actually the main driver. Although they cant really prove it. The main con is you not being able to build no claims unless the company will allow it.

Yes I understand , but I worked out that even if I had no claims it would still work out cheaper doing it this way till I'm 25! And exactly who knows who drives the car the most? For all the insurance company knows my dad could drive it more than me!

[otolith]

cra1gy1989 said:

Yes I understand , but I worked out that even if I had no claims it would still work out cheaper doing it this way till I'm 25! And exactly who knows who drives the car the most? For all the insurance company knows my dad could drive it more than me!

How about if you put someone in a wheelchair and your dad loses his house when the insurance company sues him?

[ZOLLAR]

cra1gy1989 said:

Quinnaay said:

Its now illegal and called "Fronting" if the named driver is actually the main driver. Although they cant really prove it. The main con is you not being able to build no claims unless the company will allow it.

Yes I understand , but I worked out that even if I had no claims it would still work out cheaper doing it this way till I'm 25! And exactly who knows who drives the car the most? For all the insurance company knows my dad could drive it more than me!

Ask neighbours
See if your dad uses another car
who pays for the policy
Who deals with the policy all the time
Where the vehicle is located during the day
Speak to your employers
CCTV footage


Just to name a few..

[ArmaghMan]

NinjaPower said:

SystemParanoia said:

otolith said:

SystemParanoia said:

of course the roads are going to be safe if nobody can afford to drive their car.. the streets are all bloody empty!

Yes, that is part of the explanation - the highest risk drivers get priced off the roads. Is that a bad thing?

only the financially challenged poor drivers get priced off the road..

the ones that act like a with daddy's money will just have more space and freedom to be s

Driving a car on a public road is not a right. It is a privilege.

People seem to forget that.

If you can't afford it, you can't do it.
If you don't have the skills to pass a test, you can't do it.

No it should be right. Who's taxes paid for the roads?

[cra1gy1989]

cra1gy1989 said:

Yes I understand , but I worked out that even if I had no claims it would still work out cheaper doing it this way till I'm 25! And exactly who knows who drives the car the most? For all the insurance company knows my dad could drive it more than me!

we both drive the car, so honestly I couldn't say who uses it more!

[cra1gy1989]

ZOLLAR said:

Ask neighbours ( no neighbours live on farm)
See if your dad uses another car ( people have 2 cars? )
who pays for the policy (dad)
Who deals with the policy all the time (dad)
Where the vehicle is located during the day (work we work together)
Speak to your employers
CCTV footage


Just to name a few..

[VTECBOY]

I'm not a sexist boy but tbh insurance is much cheaper for girls and I know some girls who can't drive for st. My friend crashed his modified civic into a wall because he swerved to avoid some old granny who probably pays pennies for her insurance, he now can't get insurance because guess who they believed. Old people are so bad at driving I'm actually worried when I'm near them in a car. 


I drive a garage car around sometimes and I don't dare speed or do anything silly. I'm actually worried when I'm near the police because I'm like bait to them at my age plus if I'm caught speeding I'm screwed for insurance. 

All my life all I have ever wanted to do is drive and when I go on Facebook and see some spoilt tt who's daddy has bought them a nice new corsa and paid for insurance it makes my blood boil. Also the fact they know nothing about how to maintain a car. If someone gave me a car now I would be forever gratefull to them.

This is what I posted on the flux thread. 



I myself am a 17 year old driver and will be checking flux prices later. The cheapest ever quote I have had was £1600 for an old mini 1L. I have also been looking at Clios, micra etc on a well known comparison site the cheapest price I have had from them is £2600 but most of them are £3000+. Then one day I had a look at LV and they quoted me £1800 for the same cars. 


This is unreal! £3000 so that I can drive my car on the road!? The cars only worth £600. Yes I have looked at statistics but not every young driver is a death trap on the roads! I am lucky enough to be driving through a garage policy at the moment and I can honestly say that most of the bad driving is from old people or middle aged woman. Yes there are bad men drivers but woman seem to just drive about with no care for other road users. 

Reading a topic about the first cars people have owned I was amazed. 17 year olds 20-30 years ago driving 3L capris and other powerfull cars. My mums first car was a Fiesta XR2 and she paid very little for insurance. So the other day I tried to get insured on the same type of car and it was £4500!!.

My friend who has been driving for 2 years has a modified 1.8 Astra SXI and it costs him £1500 to insure it.  I have been riding motorbikes for 2 years. Now as everyone knows riding a motorbike is more dangerous and trust me it is. Going to college at 8am every morning I constantly had people pulling out on me and other road hazards like ice etc so you could say I have got good experience of driving but still insurance is £3000 for me?. 

I have a question. When I used my motorbike I was on Third party insurance so does this mean I have NCD? If so can someone name a good company for it ? 


So I have a proposal for you Ash. You go to the head guy and ask him to do this for me. Give me an insurance quote say £800- £1000 for a 1.2 clio with let's say a £1000 excess if I crash and I will use your company for the next 5 years. Sounds like a fair deal to me? I'm bringing in you the money for the next 5 years and if I crash you dont have to pay much if anything. 

This is what he replied


Hello 

Unfortunately prices for everyone including young drivers are going up constantly. Things like false PI claims are one of the main reasons. In an ideal world your proposal sounds good but in reality no one can guarantee no claims for 5 years. I see what you are saying about having a low value car and a high excess would mean no payout if you crashed your car however if there were any accidents involving third parties then costs can be much higher. If you are after a quote then fee free to pm me the details below and I can have a look at a quote. 

[ZOLLAR]

cra1gy1989 said:

ZOLLAR said:

Ask neighbours ( no neighbours live on farm)
See if your dad uses another car ( people have 2 cars? )
who pays for the policy (dad)
Who deals with the policy all the time (dad)
Where the vehicle is located during the day (work we work together)
Speak to your employers
CCTV footage


Just to name a few..

As highlighted the list does go on.