Insurance question

[Pit Pony]

Okay, so Pit Pony Junior is 21 shortly, and whilst technically he will be a student for another year, he will be starting a years paid placement at a Pharmaceutical Research Company during which time he will do a project and this will be part of his degree.

However, he is effectively a lab technician/chemical researcher paid a training wage (it's not a bad wage.

He will also be living away from home.

So cars. Father in Law has decided to give up driving and has offered his car to a series of more "deserving" family members, and eventually got down to me, whereupon I said "If no one wants it, I'll have it, but it would be perfect for your 5th oldest grand child.

So he's in the middle of finals, and I'm looking at quotes.

1 question: Is he a student, or employed? He will have an employment contract from Sept, but car is needing insuring from the day after his 21st birthday.
and will it make a lot of difference to cost ?

Car is astra 1.6 16V club (105 BHP) mk4

[NateWM]

I'm not sure whether being a student ups the price, but I remembering saying I was unemployed on my first car at 17 put over 600 quid onto the policy.

Just blag it imo and say he is employed, they wouldn't care what his occupation is if he ever made a claim.

[elanfan]

NateWM said:

I'm not sure whether being a student ups the price, but I remembering saying I was unemployed on my first car at 17 put over 600 quid onto the policy.

Just blag it imo and say he is employed, they wouldn't care what his occupation is if he ever made a claim.

Yeah! Just lie on an insurance proposal - that is really good advice - are you hard of thinking?. Non disclosure can lead to the policy being invalidated from inception and the OP having to declare this on future proposals for years leading to increased premiums.

OP ring your insurer/broker and explain the situation.

[ging84]

being a student often increases the premium compared to some professions, but will be less than others, i suspect putting lab technician would be low risk, but drug dealer would be high risk so it would pay to find the best way to describe the profession. Being a student can also change the terms of cover, some insurers who offer drive any car for people over a certain age, do not offer that to students.

If you start the policy before the end of the course year then you've really got to put student as occupation.