Can't afford Insurance (East London)

[Stained8112]

The initial message was deleted from this topic on 11 June 2024 at 18:24

[Monkeylegend]

Have you tried going through a broker who specialise in car insurance for younger drivers?

https://www.google.com/search?client=avast-a-1&amp...

[clarkmagpie]

Think of alternative cars.
Saabs, Mondeos etc.
Cars that arent usually crashed!

[Sir Bagalot]

C1/107/Aygo with a black box.

Now what's the quote?

[Smint]

clarkmagpie said:

Think of alternative cars.
Saabs, Mondeos etc.
Cars that arent usually crashed!

Toyota Auris/Yaris even Avensis is likely to be a fair bet too.

[Robertb]

Wow that’s ridiculous, so unfair to young drivers.

Have you tried adding someone older and experienced with a good record onto your policy as a named driver? Mum/Dad/grandma etc.

Consider a recognised advanced driver training course? Pass Plus, IAM Roadsmart.

Does it help if you limit the cover eg third party only? May be cheaper in the round to take the risk of losing/fixing your car on the chin and get a reduced premium.

Main thing is to find the cheapest to insure car you can (lowest insurance group on Autotrader etc) and build up that no claims bonus, and keep your record squeaky clean.

[Monkeylegend]

Robertb said:

Wow that’s ridiculous, so unfair to young drivers.

Have you tried adding someone older and experienced with a good record onto your policy as a named driver? Mum/Dad/grandma etc.

Consider a recognised advanced driver training course? Pass Plus, IAM Roadsmart.

Does it help if you limit the cover eg third party only? May be cheaper in the round to take the risk of losing/fixing your car on the chin and get a reduced premium.

Main thing is to find the cheapest to insure car you can (lowest insurance group on Autotrader etc) and build up that no claims bonus, and keep your record squeaky clean.

I think you will find there is no cost benefit with third party only.

I tried this out of interest in September when my renewal was up and believe it or not comprehensive was cheaper than both TP and TPF&T, and you potentially risk a total loss of the car.

[RoadToad84]

Adding a female, older, named driver can often attract a decent discount. Keeping a vehicle garaged is also a big help in urban areas, though not practical if you don't have access to one, obvs.

[Emily's dad]

Sir Bagalot said:

C1/107/Aygo with a black box.

Now what's the quote?

Not exactly the same as the above cars, but my 17 year old daughter has just passed her test.
£2600 for a 2012 Kia Picanto with a black box, through Sterling.

CR0 postcode, South London.

[sherman]

RoadToad84 said:

Adding a female, older, named driver can often attract a decent discount. Keeping a vehicle garaged is also a big help in urban areas, though not practical if you don't have access to one, obvs.

Not allowed to give females cheaper insurance anymore. Thats sexist.

I had my mum and dad as named drivers for many years whilst I lived at home. Im sure it saved me some money.
They never drove the car anywhere but did mean they were covered if shifting the cars about on the drive etc and I wasnt home.

The thing that saved me the most as a young driver was as an 18yo buying a brand new Ford Fiesta and getting 2 years free insurance as part of the deal.
Cost £180 a month on finance for the car but as it was free insurance. I saved in the region of £4000 by not buying insurance as well for 2 years.
Insurance in yeare was a few hundred as I had built up ncb.

[V8 Bob]

Insurance is one of the few areas where they can differentiate between male and female.

[832ark]

V8 Bob said:

Insurance is one of the few areas where they can differentiate between male and female.

Did you mean “can’t differentiate”?

[broadspeed1]

Assuming you've tried a comparison site, It's unfortunately just a bad area for insurance and there's nothing you can do about it. Try all the tricks, odd car, adding parents to policy, playing with job title, but I don't think you'll bring it down to anything reasonable.
Like somebody else said if any manufactures will sell you a new car with insurance that's probably your best bet.

[Heartworm]

V8 Bob said:

Insurance is one of the few areas where they can differentiate between male and female.

https://www.theguardian.com/money/2012/nov/23/gender-ruling-insurance-premiums-rise

https://www.diamond.co.uk/about-diamond/EU-gender-...

[Krise]

It’s not just London

We live in rural Essex, my daughter has her test in a couple of weeks, looking at most small cars for her and the quotes are between 3500 and 5000 a year, if she’s a named driver with me as the insured then it drops to between 2500 and 3500 a year, it’s bloody ridiculous !

[Heathwood]

I think your best bet is to add mum and/or dad to the policy. Have a play around with it to see what difference it makes. Just don’t have them as main drivers.

[Dashnine]

I feel your pain as I have been looking for insurance for my son on a 2012 Skoda Fabia 1.2. Even with his mother as a named driver, parked overnight on the drive in Warwick the costs are alarming.

While he has a provisional licence it’s bearable at £300 a year, once he passes it’s £1500-£2000 a year.

Just need to get the first years NCD in asap!

[BoRED S2upid]

clarkmagpie said:

Think of alternative cars.
Saabs, Mondeos etc.
Cars that arent usually crashed!

Big old Volvo nothing boy racerish.

The obvious answer is to move out of London but he’s only young.

[Ninja59]

Heartworm said:

https://www.theguardian.com/money/2012/nov/23/gend...

https://www.diamond.co.uk/about-diamond/EU-gender-...

They simply stereotype by occupation though and that is legal still.

[vonhosen]

Krise said:

It’s not just London

We live in rural Essex, my daughter has her test in a couple of weeks, looking at most small cars for her and the quotes are between 3500 and 5000 a year, if she’s a named driver with me as the insured then it drops to between 2500 and 3500 a year, it’s bloody ridiculous !

To the insurer it's not. They don't really want their business.