Insurance for a 17 year old, just passed his test. £4,000+
Discussion
SystemParanoia said:
yup
still takes a year tho..
and if you forget to unfreeze it, you have to pay admin and cancellation fees for the policy as of the date of freezing.. so no NCD
Sounds like a windup. Again... Really?still takes a year tho..
and if you forget to unfreeze it, you have to pay admin and cancellation fees for the policy as of the date of freezing.. so no NCD
I'm thinking it could be possible because they do seem quite off the ball with things like this.
NinjaPower said:
I'm not wholly sure I buy the can't manage without a car thing.
I know one bloke who is now retired who never drove a car in his life and had a very successful career as an engineer for companies all over the country, raised a family and all that sort of thing. All without a car.
I work with a couple of people who are now in their 30's and can't drive and they don't seem to have an issue.
if you can't drive then you move somewhere where you can either walk or get public transport to work and the amenities.
I couldn't find suitable employment in my home town so I happily moved away to where the work is. Same principle really.
The UK wasn't built around the motor car, it was built around people and horses. As a consequence our towns and cities are quite often usable for walkers and cyclists.
Had we have been talking about the USA, then yes I would have agreed and said that the infrastructure was built around the car and it was massively impractical to walk or cycle anywhere.
I do concede however, that yes, having a car makes life easier for the most part for those that can drive.
This may be the case in towns, but out in rural areas public transport is patchy or non-existant and very expensive and the distances and landscape between places make transport without a motor impractical. Car ownership is this difference between work and unemployment out here. Around where I live, most employers will not even consider you unless you have a car or motorbike: the buses do not run late enough and a push bike is not good enough as far as they're concerned.I know one bloke who is now retired who never drove a car in his life and had a very successful career as an engineer for companies all over the country, raised a family and all that sort of thing. All without a car.
I work with a couple of people who are now in their 30's and can't drive and they don't seem to have an issue.
if you can't drive then you move somewhere where you can either walk or get public transport to work and the amenities.
I couldn't find suitable employment in my home town so I happily moved away to where the work is. Same principle really.
The UK wasn't built around the motor car, it was built around people and horses. As a consequence our towns and cities are quite often usable for walkers and cyclists.
Had we have been talking about the USA, then yes I would have agreed and said that the infrastructure was built around the car and it was massively impractical to walk or cycle anywhere.
I do concede however, that yes, having a car makes life easier for the most part for those that can drive.
The issue I now face is that I can't get a job because I can't afford to drive and my parents refuse to let me do my CBT. Even if they would, I couldn't afford to do it and have enough left for insurance, safety gear or even something to ride. That means that the headroom on my first year at university is about £200 and the next two years I will be about £2k short of what I need for maintenance thanks to the way the Scottish Government calculate student loan entitlement. My inability to afford car insurance could easily force me to drop out of university unless I can find work down there.
StottyZr said:
Sounds like a windup. Again... Really?
I'm thinking it could be possible because they do seem quite off the ball with things like this.
its abusing the intention of it.. granted.I'm thinking it could be possible because they do seem quite off the ball with things like this.
that function is intended for people that transition between cars, and have say a month or 2 whilst they find another or await delivery of their shiny new set of wheels.
Has anyone suggested knocking any excess right up - and then insuring that excess (Google Insure My Excess). As long as the reduction exceeds the policy cost. I fear, however, it won't make enough of a difference.
My nephew went through this recently. Apparently the CC of the car makes a MASSIVE difference. Try getting 1.0l quotes...
My nephew went through this recently. Apparently the CC of the car makes a MASSIVE difference. Try getting 1.0l quotes...
What about spending more on the car and buy a classic, which has far cheaper insurance?
My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
Greg_D said:
nonuts said:
This isn't anything new.
When I first passed my test in 2001 Insurance quotes were all silly, I ended up buying a Clio on Finance as it included free insurance for the first year, that same insurance I couldn't get anywhere else for less than £3.5k. I've no idea how many of these offers still exist but if you can find one it could be a very good option.
The plus points for me were not just the free insurance but also knowing I had a safe new car that wasn't going to cost much to run.
Sort of, but what about the additional (significant) depreciation you will suffer over an old shed?When I first passed my test in 2001 Insurance quotes were all silly, I ended up buying a Clio on Finance as it included free insurance for the first year, that same insurance I couldn't get anywhere else for less than £3.5k. I've no idea how many of these offers still exist but if you can find one it could be a very good option.
The plus points for me were not just the free insurance but also knowing I had a safe new car that wasn't going to cost much to run.
I'm not saying it's right for everyone, but at the time, for me it was the best idea for a first car.
Cockey said:
What about spending more on the car and buy a classic, which has far cheaper insurance?
My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
+1 agreed! if he goes classical car he will learn how to look after the car and more less likely to crash it also!My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
Cockey said:
What about spending more on the car and buy a classic, which has far cheaper insurance?
My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
Generally from what I've seen, the older the car the cheaper it is wierdly (if we are talking about relatively modern cars which are starting to be considered as classics. Again engine size eometimes makes a difference....sometimes not really depends on make, model, age etc I remember getting a quote for a e30 318IS and a 320ISE and there was about £20 difference between the two (I've also found out if you get a car that is not driven by anyone near your age group it will be slightly cheaper). My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
The post code where you live now seems to be the deciding factor...either you are lucky or you just aren't. I know a lad that was paying around £800 for his mk3 golf 1.4 in a relatively good post code but witchcraft happened in the area and the risk went up to the F band (A-F risk band that is) and he is now getting quotes of around 2.5k even though he hasnt crashed or generally been a naughty boy. Others like myself just havent seen any change, mine has firmly stood at the 1.2k mark since ive started driving (mind you, I change my cars a lot)
Classic cars seem the way to go now... though it is a problem in itself, as most insurers insist that you are over 21 and need to own another car so you can use the clssic as a weekend car. This doesnt work out, I could be proven wrong though, they may have changed their requirements.
A friends son has just had a similar quote i could not believe it. Yep good encouragement for young people to get up and get a job and get out and enjoy life. A friend of my stepsons pays near on half his wages in petrol and parking his car a month. Just no point in going to work. An other thing that the government is out of touch with again.
Edited by hollydog on Monday 30th July 16:35
otolith said:
hollydog said:
An other thing that the government is out of touch with again.
What's it got to do with the government? Fuel prices, sure, it's mostly tax, but insurance prices operate in the free market.and "legally" joe bloggs cant setup and trade in.
the vast majority of insurance company are just shell companies that are nothing more than a different greeting for the telephone operative to use. it all goes back to a core of 3 or 4 mega corporations that control the lot ( possibly more lol )
The postcode really is the deciding factor for younger drivers.
Whilst an area might be deemed by the insurance industry overall as in the bracket "Better than average", say, the market for younger drivers is much narrower. That being the case, if the insurers that are generally deemed competitive for young driver market rate your area better than the market average, you'll be happy... If the reverse is true, you'll be upset.
The insurers for the young driver market (by the looks of it) rate OPs postcode higher than the market average. So naturally, whilst you more than likely have the whole market to pick from and lower risk insurers are happy insuring in WF14, your son looks to have some bad news.
I really am struggling with something to suggest that hasn't been offered already.
It does seem a shame that 2 identical lads with the same exact driving ability would be asked to pay such differing amounts for their first insurance.
Hope you manage to sort something for him.
Whilst an area might be deemed by the insurance industry overall as in the bracket "Better than average", say, the market for younger drivers is much narrower. That being the case, if the insurers that are generally deemed competitive for young driver market rate your area better than the market average, you'll be happy... If the reverse is true, you'll be upset.
The insurers for the young driver market (by the looks of it) rate OPs postcode higher than the market average. So naturally, whilst you more than likely have the whole market to pick from and lower risk insurers are happy insuring in WF14, your son looks to have some bad news.
I really am struggling with something to suggest that hasn't been offered already.
It does seem a shame that 2 identical lads with the same exact driving ability would be asked to pay such differing amounts for their first insurance.
Hope you manage to sort something for him.
Yes, it's a legal requirement, and no, Joe Bloggs can't easily set up his own insurance company, but nor can he manufacture his own tyres in order to meet his legal obligations for tread depth. It's not as if the motor insurance sector is particularly profitable - I don't think there is gouging going on.
SystemParanoia said:
otolith said:
hollydog said:
An other thing that the government is out of touch with again.
What's it got to do with the government? Fuel prices, sure, it's mostly tax, but insurance prices operate in the free market.and "legally" joe bloggs cant setup and trade in.
the vast majority of insurance company are just shell companies that are nothing more than a different greeting for the telephone operative to use. it all goes back to a core of 3 or 4 mega corporations that control the lot ( possibly more lol )
hollydog said:
I have said the insurance companies are legally robbing us for years. The thing that really gets to me is if you have an accident and you are not at any fault then why does your premium go sky high.
Because the kind of people who have no-fault accidents also tend to have more fault accidents or no-fault accidents in which the costs can't be reclaimed than the kind who do not.I had two claims when I was in my twenties, both of which went 50-50 for lack of evidence, both of which I felt deeply aggrieved about at the time because I was damned sure neither was my fault. Looking back, they weren't my fault, but if I had been a better driver, I wouldn't have put myself in the way of other people's mistakes and ended up costing my insurer money.
Soovy said:
SystemParanoia said:
LEI LEI LEI like your life depends on it.
take on the policy claiming he's on provisional.. then claim he's passed a week later, keeping the lower premium.
if i did everything 100% truthful for my mrs, wed be paying over £2000 for insurance on a 1.0 suzuki swift.
lies, truth bending and a little deception gets in down to £900
thieving f
kers
Well done on paying £900 to not be insured.take on the policy claiming he's on provisional.. then claim he's passed a week later, keeping the lower premium.
if i did everything 100% truthful for my mrs, wed be paying over £2000 for insurance on a 1.0 suzuki swift.
lies, truth bending and a little deception gets in down to £900
thieving f
kers
Cockey said:
What about spending more on the car and buy a classic, which has far cheaper insurance?
My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
Any idea which insurers offered him sensible quotes?My nephew spent £4k on a Beetle, and pays £1,500 insurance. His cheapest quote on newer cars was about £3,500.
And the £4k tied up in the car should be recoverable when he comes to sell it - unlike an insurance premium.
I went through all of this a decade ago, but you see about a thread a week on here where someone asks if they can get classic insurance under 21.
If the insurers are out there then it's a great option for young drivers who are sufficiently petrolheaded to appreciate a classic. For everyone else there's the bus.
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