Car Insurance for 17yr old !!!

[paul_y3k]

_Y3K junior is about to hit the magic 17 and start driving, which he simply can't wait to do
Mentioning this to a friend yesterday hit a good right time / right place moment when he said his gran was selling her V reg 1.0 Corsa for £500. A quick look and it's ideal for the lad and priced rather well !
So jumping on to the car insurance websites, the best quote we've had is £1500 ! and the telematics policy's we've seen can't be used as the car is too old !!

£1500 -- for a car worth the 3rd of the value ....

I know it's subjective to where you live etc but my gawd that seems expensive ? Or am I just finally getting old ?

[kambites]

£1500 sounds pretty cheap for a 17 year-old to me.

The value of the car is irrelevant. The primary risk is that he damages someone else's property, not his own car.

[Bluehawk]

Sorry to say it, but you must be getting old

That's probably about as good as it's gonna get

[bobfett]

kambites said:

£1500 sounds pretty cheap for adding a 17 year-old to a policy, to me.

The value of the car is irrelevant. The primary risk is that he damages someone else's property, not yours.

+1.

[Jim the Sunderer]

£1500? That's a good price if it isn't fronted.

[blueg33]

Op is your son still a learner?

I used a woop learners and it cost about £800pa fro a Skoda Fabia 1.4 with 100bhp.

Now he has passed his test and is 18, annual insurance with no telematics is £1500.

You have to shop around hard and the choice of car is important.

Some cars more favoured by younger drivers eg Corsa's Saxo's etc are viewed as higher risk, hence the Fabia for us, mainly bought by late middle aged plodders and hence low risk

Obviouslythe insurance risk isnt the value of the customers car, its the value of what it could hit

[barryrs]

The Parkers insurance group search is quite a handy place to start. http://www.parkers.co.uk/cars/insurance/car-insura...

A 93-00 Corsa is insurance group 5 however an 06 onwards is group 1.

I suggest the reason for that is older cheap Corsas are popular with young drivers and considered higher risk as mentioned above.

[TimLambert7]

Despite being a huge sum of money, £1500 is pretty good for 2014.

I had several friends paying £2500 plus.

[JamesD1]

£1500 for a first year driving is pretty good, depending on postcode etc.

cheapest quote my brother has had was on a fiat panda (quote around £900ish with black box)

my first years insurance was around £1200 on a van which i needed for work at the time.

[MagneticMeerkat]

That's cheap! I paid circa £1,200 at 17 to insure a, wait for it, Vauxhall Corsa. I didn't have to suffer the indignity of the 1 litre; plumping instead for the mighty 1.2. Which was a worse engine in every respect: it is less economical and somehow less powerful than the 1 litre.

However I'd say go for that, 2 grand all in is nothing to get started with driving. Plus it's only a Corsa; if it crashes or dies then it won't be the end of days. Watch out! They really have no cornering ability at low speed. I almost wiped out a traffic light on my maiden voyage!!

[Prof Prolapse]

I passed my test in 2004. I had Mum's old Vauxhall Nova that she crashed and I paid a recovery driver £20 to bring back to my house to fill in the forms rather than scrap it. I paid £1,700 to insure it. That equates to about £2,200 in today's money.

I worked fking hard to pay for it, and if I'm honest it taught me a few life lessons.

[TwigtheWonderkid]

Was £1500 the cost with a prov licence. You may find it will increase hugely when he passes. Once he's out and about on his own, that's when it becomes a much higher risk. £1500 sounds far too low for a 17 y/o with a full licence.

[callywally18]

Im 20 now with a years no claims and i still pay £1300!

For an Mr2 - which was actually cheaper than a 1.4 corsa - strange.

[robwilk]

As its been mentioned if thats as a learner it may well go up quite a bit when he passes his test.
Im sure I paid more than that for my lad on a classic mini 3 years ago.

[Joey Ramone]

Of course the sensible, money saving option is for him to do what I did, which is wait until the age of 40 to take his test. Insurance will be much cheaper.

Sensible ideas for a better Britain.

[paul_y3k]

cheers all, guess I'm just getting old !
the quote was full a full license, not prov.

He better get a few extra hours in at work methinks !

[Baryonyx]

To be honest, that seems like a pretty reasonable amount. A colleague of mine paid £1800 for his 17 year old son to be insured on a 1.0 Ka not so long ago, so take what you can get! It seems crap cars and high prices are the order of the day!

[J4CKO]

We have insured our eldest on our C1, premium went from £200 or so to £600 but it has full NCD.

Was considering the deal for a Corsa for £150 inc insurance per month for when he needs his own

[hondansx]

Assume that is not fully comp? As obviously it is not worth getting better than TPFT based on those figures.

You may find it cheaper to, say, get your wife a policy and add your son as a second driver. Of course, this should mean your wife does the majority of the miles. How the insurance company would ever know, i have no idea.

[TwigtheWonderkid]

hondansx said:

You may find it cheaper to, say, get your wife a policy and add your son as a second driver. Of course, this should mean your wife does the majority of the miles. How the insurance company would ever know, i have no idea.

No it's a complete mystery. If the son had a major claim and there was a million pound injury claim in the offing, it would be completely beyond the imagination that the insurers could appoint an investigator to interview neighbours and friends of the driver. That could never happen. And of course the driver himself, having just been involved in a major accident and in a state of shock, would never give the truth away under those circumstances. Having to lie to the police, the judge, the coroners court, about who was the main driver of the car, that would be a doddle.

No, they could never find out the truth, and therefore never go after the OP's wife for their outlay, and end up owning the OP's house.