Insurance for learners/new drivers

[mrrim]

Hi everyone. My 17 year old daughter is currently having driving lessons and is looking for a cheap runaround for when she's passed her test - to be used between her and my wife and occasionally me. My question is - is it better for her to start her own insurance with me and the wife as named drivers, or am I better to insure it in my name with her and the wife as named drivers? Which is the best bet? Has anyone any experience of this? I've heard there are some insurance companies who will insure new drivers a month at a time fairly cheaply?? Any comments appreciated, thanks.

[boozyo]

Try "woop" insurance. They specialize in young drivers.

[Coastal99]

you can put it in your name but check the "fronting" risks:

https://www.moneysupermarket.com/car.../named-driver/

[Ceam]

Who ever is the main driver should be the policy holder. I believe they have tightened up on this quite a bit as parents where putting their kids on a policy. When in reality it was the kids car. Insurers don't like that very much.

[gazaprop]

Who ever is the main driver should be the policy holder. I believe they have tightened up on this quite a bit as parents where putting their kids on a policy. When in reality it was the kids car. Insurers don't like that very much.

Quite so as if it can be shown that junior is in effect the main driver then this would invalidate the insurance.

[silver fox]

Hi everyone. My 17 year old daughter is currently having driving lessons and is looking for a cheap runaround for when she's passed her test - to be used between her and my wife and occasionally me. My question is - is it better for her to start her own insurance with me and the wife as named drivers, or am I better to insure it in my name with her and the wife as named drivers? Which is the best bet? Has anyone any experience of this? I've heard there are some insurance companies who will insure new drivers a month at a time fairly cheaply?? Any comments appreciated, thanks.

Insurance for new drivers can be extremely expensive, but if possible your daughter will eventually be better off insured in her own name, even if she is on your policy as a named driver, sooner or later she will need her own insurance and still be starting from scratch, whereas with her own policy NCB will quickly reduce the premiums, worth noting insurance companies are very aware of parents insuring their sons and daughters cars to keep the costs down and many are putting conditions in the policy which can be restrictive.

[whiplash]

I think there is something called black box,which monitors the driving of young people,to asses the insurance.

[said]

Hi everyone. My 17 year old daughter is currently having driving lessons and is looking for a cheap runaround for when she's passed her test - to be used between her and my wife and occasionally me. My question is - is it better for her to start her own insurance with me and the wife as named drivers, or am I better to insure it in my name with her and the wife as named drivers? Which is the best bet? Has anyone any experience of this? I've heard there are some insurance companies who will insure new drivers a month at a time fairly cheaply?? Any comments appreciated, thanks.

There are a few Insurance Companies, who will allow a new driver named on her Parents Insurance to have insurance for one year with the added bonus of building a no claims in her own name. Not many though. This would allow your daughter to build up a one year's no claim bonus, after which the cost reduces quite a bit. Other than that - there are insurance companies who have a lower insurance for females than for males. Big Tip! For the best insurance deal - you would need to contact about fifty insurance companies - no joke!

[Styx]

I think there is something called black box,which monitors the driving of young people,to asses the insurance.

https://www.aviva.co.uk/car-insurance/drive/

[gsgsgs]

I'm affraid insurance companies cottoned on to this 'loophole' years ago, makes no difference. As soon as you add a young driver either as policy holder or additional driver the price will rocket, you'd be better to bite the bullet and insure your daughter as policy holder and add yourself and wife as additional drivers this will reduce the premium.

[Styx]

Get her a Morris Minor.

Morris Minor: The perfect car for students?


Insuring a Morris Minor is cheap. Yes Insurance charges about £1,700 to insure an 18-year-old male student (third party, no frills) living in central London to drive a Morris 1000. Eye-watering enough, but the comparable price for a Peugeot 106 of equivalent value is £3,100.


http://www.telegraph.co.uk/motoring/...-students.html

[chrismatt.]

Marmalade specialize in car insurance for young drivers.

My son got a good deal with them

[bigdavesdad]

Get her a Morris Minor.

Morris Minor: The perfect car for students?


Insuring a Morris Minor is cheap. Yes Insurance charges about £1,700 to insure an 18-year-old male student (third party, no frills) living in central London to drive a Morris 1000. Eye-watering enough, but the comparable price for a Peugeot 106 of equivalent value is £3,100.


http://www.telegraph.co.uk/motoring/...-students.html

I was going to suggest a classic car with limited millage.

[Albion102]

What does a 17 year old need a car for ? I managed with a moped and then a bigger bike plus a push bike until I left uni. I manage without one now in fact !

[Coastal99]

There are a few Insurance Companies, who will allow a new driver named on her Parents Insurance to have insurance for one year with the added bonus of building a no claims in her own name. Not many though. This would allow your daughter to build up a one year's no claim bonus, after which the cost reduces quite a bit. Other than that - there are insurance companies who have a lower insurance for females than for males. Big Tip! For the best insurance deal - you would need to contact about fifty insurance companies - no joke!

Not since Dec 2012 there isn't

http://ec.europa.eu/justice/newsroom.../121220_en.htm