Young driver insurance

[GDD]

Trying to get a nearly 19 year old son insurance for a series 2, full clean licence, but policy gone from £600 to £2-4k for second year insurance. Any tips for insurance companies to try? It would be a shame if the youngsters get priced out...

[Space-Kook]

Admiral quoted me ( 23, learners) for £360, Adrian Flux for £480.
Most classic car insurance companies won't insure anyone under 24, I called about six or seven and the only one who would even give me a number was AF.

[GDD]

Thank you, I'll give Admiral a go. Adrian Flux refused to quote for an 18 year old.

[NoBeardNoTopKnot]

I'd be surprised if any will quote, if they do it'll be at prices which make it clear they don't want the business. I've seen £23000 for my 18YO. He pays £4500 on his car. This is  low because unlike most his age, he has one year NCB, or did... he's just stuffed it. And come on... we all did.

Suddenly £4500 - from the standpoint of the insurer - is not near enough.

[w3526602]

Hi.

I oft wonder if a years  (or even two) NCD would be worth paying for a year's insurance premium for a cheap moped ... even if Junior never actually rode it?

602

[diffwhine]

The maths probably stacks up on that one. Not something I'd ever considered, but can you use a bike driver history on a car?

Its about to come round and bite me soon as my 17 year old son is keen to get behind the wheel...

[NoBeardNoTopKnot]

The maths probably stacks up on that one.

It does. One year's NCB via moped/motorcycle is exactly how my lad got his. Moped premium was £700ish, and yes - definitely the way to go.
His car premium was only £4500 as a result. I can't quite believe I simply dismiss a mere £4500 as cheap, however compare to not being quoted, or the numbers in the £10-20,000 region, never doubt... it is.

If you do doubt this: Go put your 17YO self into a price-comparison site.

I kid not, prepare to be told to go forth and multiply.

You won't get a driving-test anyway. Usually a 6-7 month wait. The trick there is to leave any major town and city well alone. My boy booked a test 250 miles away. Pendle. Nothing there, therefore you'll get a test fairly quick.

Be minded what I said there: if you fail say twice, it can easily be gone 18 BEFORE you have a licence. Hence Pendle.

I tells you now, we thought we had it hard at that age, that's only one example of how we had it so, so easy. 

[Space-Kook]

Mr No-Beard isn't exaggerating, there are companies that buy all the driving test slots and then sell them for ludicrous prices.

My parents car insurance wouldn't add a learner as a named driver (2006 Discovery 3, 2003 Defender) so I couldn't practice outside the very expensive lessons.
I gave up learning in 2020 to wait until I was a more palatable age for insurance companies.

[NoBeardNoTopKnot]

there are companies that buy all the driving test slots and then sell them for ludicrous prices.

Seen that too. £400-500 to jump the queue. And... a premium to get a car to tie in. Usually another £250.

At that age, I took my moped test at 16, my motorcycle at 17, and my car. The moped test at 16 was rather unusual,  the rest hardly news - considered rites-of-passage.

Don't talk to me about my first house at 21. Back then it was priced £18750 - 2 1/4 times my gross salary. That house is worth £420-450,000 today. By that measure, any  21YO needs to earn £180,000 a year for a house. The same job now  pays about £40,000., and if... if a 21YO gets  that job he's done well. Back then it was normal.

Space-Kook, you have my sympathy.