Car Insurance

[R@ng3R]

If this is a second car on the family insurance it will be based on the youngest driver, so my wife tells me who worked in isurance for 11years.

[smilodon]

In the UK the no claims discount goes with the driver not the car, so anyone who drives on someone else's insurance will not be building up any NCD.  I'm sure that R@ngers is right and that as soon as you add a young driver the premium gets bumped. As for the Ã,£6000 quote from Admiral I think that is them simply not wanting to cover a young driver, so they price themselves out of the market.

[suicidal_monkey]

I'm afraid it doesn't get much better - I'm (a little over) 30 and was getting quotes for around a grand with no no claims and 13 years experience...

I see you were looking for 3rd party? Try fully comp as it (i know this sounds odd) often works out cheaper!

[sulky_uk]

got my 1st car at 21 ( cavilier 2.0 sri) and paid 800 for 1st year, when 3rd party only. After that 1st year the fully comp was then the same price. Ive always had group 14 ish cars and my insurance has been around 400 for the last 8-10 yrs (fully comp). it doesnt always get cheaper with age but it will level out eventually.

As for your problem you could end up paying 400 a month, or you could also have a look here, they specialise in deals for new cars and young drivers, found it on the msn uk website

read here http://cars.uk.msn.com/news/articles.aspx?cp-documentid=147862729

look here http://www.youngmarmalade.co.uk/

might be worth a look

[Jewelz^]

Very interesting site Sulky! The insurance is cheaper for fully comp, but that is my only option. Most of the cars on there are coming in at around the Ã,£3000 figure to insure and Ã,£5-10000 to buy (bought over 5 years) which is probably the best choice for me at the moment.
However finding insurance under Ã,£2000 would be much more ideal, even if its not a decent car.

[sheepy]

If I remember correctly my first years insurance (i was 18) was about 1.2-1.3k 3rd party, once you get a few years no claims then it does start to drop but the big drop is when you hit 25, think my insurance was Ã,£400 ish fully comp when i turned 25 (7 years ncb), its gone up a little now with a change of car but i still think its reasonable Ã,£600 a year for a RX8 231. A friend of mine had 4 years NCB and then had a crash, his insurance on a focus went from ~Ã,£500 to ~Ã,£1900 then ~Ã,£1200 after one year and so on.

my point being, its a pain but its one you have to endure till you have at least 3 years NCB and are over 25.

[Jewelz^]

I'd happily pay Ã,£1.2k for 3rd party if i could get it

[Penfold]

What others have said really mate - fronting is bad and if /when you get caught you'll be screwed. Best advice is to get a group one car and do everything you can to minimise the risk (where possible). i.e. Keep if parked on a drive (or preferably in a garage) and make sure it's a gruop one car:

This is interesting and lists the possibles:

http://www.thisismoney.co.uk/bargains-and-rip-offs/motoring/article.html?in_article_id=510306&in_page_id=53949

Try shopping around the smaller insurance companies rather than the Admiral, Direct Line etc. a smaller insurance company may give you a better offer. It's also worth trying an insurance broker.

GL

[T-Bag]

I haven't read all the posts so sorry if I'm repeating what others have said.
I have built up a no claims discount with Direct Line by being a named driver on my parents insurance. In fact I just got my own insurance this year. Somewhere around Ã,£700 for fully comp with them. That includes breakdown any some other extras on a N reg Jeep Cherokee 2.5TD.
It seems a lot cheaper to go for a car that the insurance companies don't expect you to drive that the typical young persons cars.

My advice, if you've not got a car yet...don't. Ask for quotes from the insurance company before buying anything. And get soemthing they don't expect that's not overly powerful. My Renault Laguna 2.2 was cheaper than my Citroen ZX, and my Discovery 2.5TD was cheaper still, but my Honda Accord 2.2TD was more expensive. Xantia 2.1 Estate was cheaper to insure than the saloon version I got afterwards.
Though all that pretty much requires you to pass your test to give you a sensible choice of engine sizes.

Until you pass you are better off as a named driver even though you're not collecting a no claims bonus. Your quotes should be less than half what they are individually, and once you pass the price drops significantly, so Ã,£3K + (1K -10% NCD) is much more than 1.5K + 1K. And since you can't drive without an adult in the car it doesn't make sense to have your own policy.

Of course setting your excess up improves things, but above Ã,£500 total excess it sometimes has the opposite effect, so play with these values. Also tick on and off all the legal protection etc, see what effect these have, they're not always extra.

That's all I can think of for now.