Car Insurance for 18 year old?

[LaurenceGough]

Hey guys,

I've just bought my first car with my dad today, a 1998 Ford Ka 1.3. Really glad and excited but now I'm having a problem.

I'm just wondering where to get the insurance.

I'm 18 and I am finding it very hard to get a decent price...

I have a provisional licence currently but am close to passing my test soon (3rd time lucky hopefully!)

Quinn Direct are offering a very good 800 pounds but that changes to around 3000 pounds when I get a full licence! Sounds like a scam...

I was wondering where else...

Any other young drivers or parents know where to look?

Cheers,

Laurence

[adieuk]

bloody hell m8 thats alot:(

[zoombolt]

That's the going rate for youngsters these days.
You want to see what they have to pay for motorbike insurance.:ack2:

[Mart61]

Take a peek on Money Saving Expert - there's a bunch of threads on there that may help, i.e.

[url=http://forums.moneysavingexpert.com/showthread.html?t=2235685&highlight=young+driver+insurance]Young driver car insurance - MoneySavingExpert.com Forums[/url]

[url=http://forums.moneysavingexpert.com/showthread.html?t=2238031&highlight=young+driver+insurance]car insuarance for a 17 year old male - MoneySavingExpert.com Forums[/url]

[url=http://forums.moneysavingexpert.com/showthread.html?t=2181403&highlight=young+driver+insurance]Young Driver Insurance - best options - MoneySavingExpert.com Forums[/url]

[David Drew]

No, afraid that is par for the course.

Whilst you are learning you are being supervised, but once you pass your test your're off terrorising the locals & heading for a big hard tree. At least that's what the insurance companies think. Happens all too often with young male drivers.

Don't even think about putting your car under a parent's name either. 1) You never build up a no claims 2) they lose their no claims if you crash 3) in the event of a really serious incident the police will ask who is the main driver & if it's you the company will run a mile.

Keep searching.

Try Admiral - they were great with my daughter's policy. (female so unlikely to be a Boy Racer!)

David

[del19_82]

What I did for my first policy (ford fiesta cost £650 insurance £1400 for the first year) was put my dad as a named driver after me on the policy this brought it down from £2200 the first year then the second year halved to £700. After a couple of years though i had to take him off as the price started to creep up with him on it!

[MartinH]

I paid over a grand for a nova when I passed my test 3 years ago, its the price youll have to pay im afraid, now im 22 my insurance is about the £400 mark with a saxo.

[David Drew]

[quote=del19_82;415244]What I did for my first policy (ford fiesta cost £650 insurance £1400 for the first year) was put my dad as a named driver after me on the policy this brought it down from £2200 the first year then the second year halved to £700. After a couple of years though i had to take him off as the price started to creep up with him on it![/quote]

That can lower a price. My son did this & eventually got his price down by taking off his Mum as a driver (not surprised too - have you seen the way she drives:ack2:)

Also, try raising the excess to as high as you can.

David

[MartinH]

[quote=David Drew;415263]That can lower a price. My son did this & eventually got his price down by taking off his Mum as a driver (not surprised too - have you seen the way she drives:ack2:)

Also, try raising the excess to as high as you can.

David[/quote]

I tend not to add excess, dont wont to be stung if I havent got it IF i have a bump etc.

I think, and I may be wrong, that if you go under your mum or dads names you dont get any NCB until you use your own name.

[David Drew]

[quote=Satch;415273]

I think, and I may be wrong, that if you go under your mum or dads names you dont get any NCB until you use your own name.[/quote]

Correct.

[MartinH]

Also on that note, though youll get stung early on when driving, personally I think its better to start your own name as soon as you can to build on the NCB as it can help quite abit later on.

[David Drew]

:iagree::iagree::iagree:

All four of our children are now well into their twenties & we would simply not allow them to use our names. It was tough love but it shortened the time till they could get their own prices down to decent levels.

Early pain, pays off later.

David

[stevieb337]

as said before mate once you get that licsence your a boy racer :eek:
altho im a bit older(meaning a lot lol) i had the same issue's when i first got a car the problem i had that as i was in germany (brit forces!) we had to have german insurance and it had to be fully comp so i was paying about £1200 for a ford fiesta xr2 at the age of 17/18.
Now tho im paying £300 a year fully comp for a shogun sport import :)
you just have to bide your time mate

also i never had either of my parents on my policy and im at full ncb for cars and bikes :)

[MartinH]

[quote=David Drew;415290]:iagree::iagree::iagree:

All four of our children are now well into their twenties & we would simply not allow them to use our names. It was tough love but it shortened the time till they could get their own prices down to decent levels.

Early pain, pays off later.

David[/quote]


Agreed +1.
Though itl be a pain you dont get nothing free in this world, patience is a virtue.

[del19_82]

My insurance now is £400 fully comp for an Astra 1.6Sxi, the frustrating thing is it wont go lower and im 27 with 9 years no claims!!!