Young Driver's Insurance - Cheap Quote Shocker!

Young Driver's Insurance - Cheap Quote Shocker!

Author
Discussion

GreatGranny

Original Poster:

9,097 posts

225 months

Monday 12th October 2015
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Just doing a little research for when my daughters old enough to drive so searched for insurance quotes for her as owner, keeper and main driver and my wife and I as named drivers.

Chose a cheap 206 1.1 for sale at £750 on atrader.

Put everything in as honest as I could so:-

Female
Student
17 and 6 months old
No NCB
Full licence for 3 months
5000 miles per annum
£500 excess
named drivers with no points 49 + 52, 20+ years driving each owning a car
Car kept in garage overnight
Rural low risk area (B)
Fully Comp

Best quote was ......
































£410!

Which IMO is very cheap even for a low risk area and cheap small car.

DS197

992 posts

105 months

Monday 12th October 2015
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fk me that's cheap even for a low risk area! Although the difference will be made up by the god awful mpg

GreatGranny

Original Poster:

9,097 posts

225 months

Monday 12th October 2015
quotequote all
DS197 said:
fk me that's cheap even for a low risk area! Although the difference will be made up by the god awful mpg
How bad can it be for a 1.1! :-)

Next door neighbour said it was cheaper to buy his 17 year old son a 206 and insure it than it was to put him as a named driver on his Civic!

That quote was with a black box but the cheapest non-black box was only another £30.

TheFinners

543 posts

126 months

Monday 12th October 2015
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That is incredibly good! I paid £1300 on a 2004 1.4 Fiesta as a male student with no ncb, b rated area, both parents as named drivers etc and with a box as it was £1800 without one.

J4CKO

41,283 posts

199 months

Monday 12th October 2015
quotequote all
We insured our C1 for our eldest and it was £700 odd, but that was with my wife as the main driver and him as named, plus nine years NCD on it, however it got to the point where he was the main driver so we put it all in his name and it was £1200 ish. Anything better than a C1 brings back some insane quotes, he needs to build some NCD and get older than 19.

£410 sounds suspiciously low but great if its true.

Always seems wrong to me that we force the least experienced drivers into the tinniest, smallest cars, not saying they should be in some massive SUV or a sportscar but even something middle of the road like a 1.8 Passat is prohibitively expensive




GreatGranny

Original Poster:

9,097 posts

225 months

Monday 12th October 2015
quotequote all
J4CKO said:
We insured our C1 for our eldest and it was £700 odd, but that was with my wife as the main driver and him as named, plus nine years NCD on it, however it got to the point where he was the main driver so we put it all in his name and it was £1200 ish. Anything better than a C1 brings back some insane quotes, he needs to build some NCD and get older than 19.

£410 sounds suspiciously low but great if its true.

Always seems wrong to me that we force the least experienced drivers into the tinniest, smallest cars, not saying they should be in some massive SUV or a sportscar but even something middle of the road like a 1.8 Passat is prohibitively expensive
But there will be some who go on about their first car was a Mini and they didn't die so its ok for new drivers to drive Mini.
Not when everyone else on the road is driving a 4/5 star NCAP rated car which will crush a Mini as soon as it touches it.
My first 4 cars were Minis but I would never put my daughter in one on todays roads.

Re. quote, the 5 least expensive were all below £500. Only the lowest requested a black box and all but one out of those 5 had a £250 excess even though I stipulated £500.

towser44

3,472 posts

114 months

Monday 12th October 2015
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Insurance is so crazy sometimes. My 30 year old OH hasn't passed her test (not even taken any lessons or driven a car). To add her to the insurance on my diesel Civic gave me an annual premium increase from £286 just for me, to over £800 with her on it.

I was loathed to add her to the policy really, as I'd prefer her not to crash my car, so said I would get some quotes on some Clio's, Fiesta's, Lupo's etc in her own right and at least she can hopefully build up some no claims and keep mine and the Civic intact.

Anyway, she's adamant she wanted a VW Beetle. So I got some quotes, expecting it to be ridiculous in terms of costs to put her off the idea of that car and bearing in mind she has had a provisional licence for about a month and has no experience whatsoever assumed it would be easy to get that off the agenda. Cheapest quote came out at £320 for a 2.0 Beetle (albeit one valued at approx £800-£1000). How the hell they come up with premiums I have no idea!

SteveSteveson

3,209 posts

162 months

Monday 12th October 2015
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J4CKO said:
Always seems wrong to me that we force the least experienced drivers into the tinniest, smallest cars
Thats not necessarily true. I know Volvos and big BMWs can be reasonably cheap to insure, as long as they have the smaller engines. The problem is no 17 year old wants to be seen in a car their parents would own, and when all they want is a set of wheels those small cars are cheaper to buy (even if the actual cost is more with insurance, but 17/18 year olds don't think like that).

towser44 said:
Cheapest quote came out at £320 for a 2.0 Beetle (albeit one valued at approx £800-£1000). How the hell they come up with premiums I have no idea!
Makes perfect sense to me. How many 17 year old lads drive (and crash) 2.0 Beetles? And how many drive small hatch backs... Thats your answer.

Edited by SteveSteveson on Monday 12th October 17:02

GreatGranny

Original Poster:

9,097 posts

225 months

Monday 12th October 2015
quotequote all
Yet my quote was for a 206 which there are loads of round my way.

I know why now if they that cheap to insure.

But makes sense re. the Beetle and also the posters wife will be supervised when driving which normally makes insurance for a learner quite reasonable (apart from when driving a Civic :-) )

derin100

5,214 posts

242 months

Monday 12th October 2015
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Wow! There are some seriously good quotes here!

I recently bought a Mercedes W168 A140 for our 18 year old twins to learn on. The cheapest we could get was a quote for both my wife and I with the twins (whilst they learn) of £700. However, we were cautioned and advised that this would increase very significantly once they have passed their tests. That was for me and my wife (52 and 50 respectively), low risk rural area, garaged, 10K miles limit, no black box.

Who were these low quotes with please?




DS197

992 posts

105 months

Monday 12th October 2015
quotequote all
GreatGranny said:
How bad can it be for a 1.1! :-)

Next door neighbour said it was cheaper to buy his 17 year old son a 206 and insure it than it was to put him as a named driver on his Civic!

That quote was with a black box but the cheapest non-black box was only another £30.
I would be lucky to get 22 mpg around town when I had mine. Quite frankly it was shocking for that level of performance. But what I paid for insurance was even worse weeping

T5R+

1,225 posts

208 months

Monday 12th October 2015
quotequote all
derin100 said:
......... However, we were cautioned and advised that this would increase very significantly once they have passed their tests.......
Just been through this and it essentially doubled.

towser44

3,472 posts

114 months

Monday 12th October 2015
quotequote all
SteveSteveson said:
J4CKO said:
Always seems wrong to me that we force the least experienced drivers into the tinniest, smallest cars
Thats not necessarily true. I know Volvos and big BMWs can be reasonably cheap to insure, as long as they have the smaller engines. The problem is no 17 year old wants to be seen in a car their parents would own, and when all they want is a set of wheels those small cars are cheaper to buy (even if the actual cost is more with insurance, but 17/18 year olds don't think like that).

towser44 said:
Cheapest quote came out at £320 for a 2.0 Beetle (albeit one valued at approx £800-£1000). How the hell they come up with premiums I have no idea!
Makes perfect sense to me. How many 17 year old lads drive (and crash) 2.0 Beetles? And how many drive small hatch backs... Thats your answer.



Edited by SteveSteveson on Monday 12th October 17:02
Makes no sense at all to me. For only £50 more than I pay for my insurance (33 years old, full licence for 16 years, 8 years no claims (didn't have a car for a few years as just had a motorbike, but again claim free), no convictions, you can insure someone who has no driving experience whatsoever, has held a provisional for an entire month and to be honest from the vast number of journeys with her a passenger has no concept of driving at all and admits it would purely be to make life easier. Don't forget, it's £330 on a provisional licence, so she'll be supervised when driving until she passes. How much less would it have been if she had just passed the test and got the licence, but still lacking experience, any no claims bonus etc etc.

Toaster Pilot

14,615 posts

157 months

Monday 12th October 2015
quotequote all
DS197 said:
GreatGranny said:
How bad can it be for a 1.1! :-)

Next door neighbour said it was cheaper to buy his 17 year old son a 206 and insure it than it was to put him as a named driver on his Civic!

That quote was with a black box but the cheapest non-black box was only another £30.
I would be lucky to get 22 mpg around town when I had mine. Quite frankly it was shocking for that level of performance. But what I paid for insurance was even worse weeping
Either it was broken or you had a lead foot - 206s are ste for many reasons but those little TU engines are usually pretty frugal!

DS197

992 posts

105 months

Monday 12th October 2015
quotequote all
Toaster Pilot said:
Either it was broken or you had a lead foot - 206s are ste for many reasons but those little TU engines are usually pretty frugal!
Apart from a rusty backbox it was in good nick. Spent half of what I bought it for on repairs and servicing in the first year. Oh and don't get me started on the ridiculous gear ratios for a town car. 22 was driving economically, 20 when ragging it

Grumpy old git

368 posts

186 months

Monday 12th October 2015
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A
towser44 said:
Makes no sense at all to me. For only £50 more than I pay for my insurance (33 years old, full licence for 16 years, 8 years no claims (didn't have a car for a few years as just had a motorbike, but again claim free), no convictions, you can insure someone who has no driving experience whatsoever, has held a provisional for an entire month and to be honest from the vast number of journeys with her a passenger has no concept of driving at all and admits it would purely be to make life easier. Don't forget, it's £330 on a provisional licence, so she'll be supervised when driving until she passes. How much less would it have been if she had just passed the test and got the licence, but still lacking experience, any no claims bonus etc etc.
I think you'll find it'll be more expensive when she has a full licence, what's making it cheap now is the fact she'll be supervised.

J4CKO

41,283 posts

199 months

Monday 12th October 2015
quotequote all
SteveSteveson said:
J4CKO said:
Always seems wrong to me that we force the least experienced drivers into the tinniest, smallest cars
Thats not necessarily true. I know Volvos and big BMWs can be reasonably cheap to insure, as long as they have the smaller engines. The problem is no 17 year old wants to be seen in a car their parents would own, and when all they want is a set of wheels those small cars are cheaper to buy (even if the actual cost is more with insurance, but 17/18 year olds don't think like that).

towser44 said:
Cheapest quote came out at £320 for a 2.0 Beetle (albeit one valued at approx £800-£1000). How the hell they come up with premiums I have no idea!
Makes perfect sense to me. How many 17 year old lads drive (and crash) 2.0 Beetles? And how many drive small hatch backs... Thats your answer.

Edited by SteveSteveson on Monday 12th October 17:02
We tried, a diesel Passat was three grand for him to insure versus £1200, will perhaps try some other stuff, to be honest thought the C does 40 odd to the gallon, he cant really afford 20 odd.

GreatGranny

Original Poster:

9,097 posts

225 months

Tuesday 13th October 2015
quotequote all
derin100 said:
Wow! There are some seriously good quotes here!

I recently bought a Mercedes W168 A140 for our 18 year old twins to learn on. The cheapest we could get was a quote for both my wife and I with the twins (whilst they learn) of £700. However, we were cautioned and advised that this would increase very significantly once they have passed their tests. That was for me and my wife (52 and 50 respectively), low risk rural area, garaged, 10K miles limit, no black box.

Who were these low quotes with please?
Just went onto confused.com.
Lowest was a broker I presume, called autosaint, next fluxdirect then premium choice.



photosnob

1,339 posts

117 months

Tuesday 13th October 2015
quotequote all
DS197 said:
GreatGranny said:
How bad can it be for a 1.1! :-)

Next door neighbour said it was cheaper to buy his 17 year old son a 206 and insure it than it was to put him as a named driver on his Civic!

That quote was with a black box but the cheapest non-black box was only another £30.
I would be lucky to get 22 mpg around town when I had mine. Quite frankly it was shocking for that level of performance. But what I paid for insurance was even worse weeping
My first car was a 1.1 206 sport. I think it said sport because it has a subwoofer and red seats. It also had climate which was pretty cool. And let's not forget the special addition sports wheels.

I found the fuel really good. It was newish when I got it though. Could get over 400 miles from a tank. Must have been well over 40mpg. But I never worked it out.

I still miss that car. I remember enjoying driving it. Now I just see cars as a way of getting from a to b. As a young lad I was really proud of that car. I used to think people would look at me thinking I was the business with it.

GreatGranny

Original Poster:

9,097 posts

225 months

Tuesday 13th October 2015
quotequote all
kapiteinlangzaam said:
GreatGranny said:
DS197 said:
fk me that's cheap even for a low risk area! Although the difference will be made up by the god awful mpg
How bad can it be for a 1.1! :-)

Next door neighbour said it was cheaper to buy his 17 year old son a 206 and insure it than it was to put him as a named driver on his Civic!

That quote was with a black box but the cheapest non-black box was only another £30.
We ran a 1.1 206+ as a first car for my wife. Averaged 45mpg+ over the time we had it. Shockingly bad performance though, you will certainly learn the art of momentum preservation smile
After growing up with Minis in the 80's I will be able to teach my daughter plenty about momentum :-)
However just used the 206 as an example. There may be slightly quicker cars which are the same to insure but the 206 seems particular cheap both to buy and insure.