Young Driver's Insurance - Cheap Quote Shocker!

[GreatGranny]

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.

[GreatGranny]

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.

[GreatGranny]

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.

[GreatGranny]

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 :-) )

[GreatGranny]

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.

[GreatGranny]

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

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.

[GreatGranny]

DaveH23 said:

Is it actually garaged? For the past 5 or 6 years I have found street parking to be between £50 - £100 cheaper.

Makes sense really as gone are the days where cars are jump started during thefts, they take the keys.
(Unless its a BMW then they make their own)

If the car is on the road and not on the drive/garage then what house are the keys in?

Would definately run the quote through OP.

We have a garage so have stipulated garaged at night.

Just to clarify, my daughter is more than a year away from getting behind the wheel but as any teenager she is getting excited already and I was just curious on the possibility and if it was financially viable.
I was pleasantly surprised by the quotes I got.

[GreatGranny]

But EU rules have come in and no where on the form did it ask what sex the driver was.

:-)

[GreatGranny]

Good point.

The cheapest shows Voluntary as £0 and Compulsory as £250.

Right, clicked on 'Learn More' and its now £400 excess. Still not bad considering most of the others are £800+

[GreatGranny]

Had a spare 10 mins so decided to try a few other cars.

Micra 1.0 Y reg - £475

Fiesta 1.25LX 53 reg - £425

Polo 1.0 X reg - £424

Mini One 52 reg - £397!

Surprised by the last one.
Can be bought for less than a grand now and still look good IMO.
Reg I used was red with white roof and really good condition.
Nearly double the 206 I used in my first post but a far better car.