Insurance question
Discussion
My son passed his driving test last week. I contacted my wife's insurance company to get him added as a named driver to the Policy but they've declined to add him on for some unknown reason 
Can he get his own insurance policy on her car? He did while he was learning (temp cover via Marmalade I think) but it was inordinately expensive. However I'm not sure if you can take out a Policy on a car you don't own.
The other option will be to cancel my wife's policy and then take out a new Policy with both their names on it but that means losing a chunk of the premium we've already paid.
Can he get his own insurance policy on her car? He did while he was learning (temp cover via Marmalade I think) but it was inordinately expensive. However I'm not sure if you can take out a Policy on a car you don't own.
The other option will be to cancel my wife's policy and then take out a new Policy with both their names on it but that means losing a chunk of the premium we've already paid.
He could get temp cover (Cuvva is one I've used). You dont have to own the car. Not sure how cheap it is, but my sister used to use it to borrow my mums car for a week when they were on holiday etc. Downside is he wont build any no claims.
How long is left on the policy? Does your wife need to extra no claims? If she has max no claims (9 years?) Id be tempted to just cancel it. It would work out cheaper than the temp policy.
Not sure about two policies at the same time full time mjnd you.
How long is left on the policy? Does your wife need to extra no claims? If she has max no claims (9 years?) Id be tempted to just cancel it. It would work out cheaper than the temp policy.
Not sure about two policies at the same time full time mjnd you.
LosingGrip said:
He could get temp cover (Cuvva is one I've used). You dont have to own the car. Not sure how cheap it is, but my sister used to use it to borrow my mums car for a week when they were on holiday etc. Downside is he wont build any no claims.
How long is left on the policy? Does your wife need to extra no claims? If she has max no claims (9 years?) Id be tempted to just cancel it. It would work out cheaper than the temp policy.
Not sure about two policies at the same time full time mjnd you.
Thanks - Ill mention the Temp options but, as you say, that's probably the pricier option.How long is left on the policy? Does your wife need to extra no claims? If she has max no claims (9 years?) Id be tempted to just cancel it. It would work out cheaper than the temp policy.
Not sure about two policies at the same time full time mjnd you.
Mrs C paid £281 for her policy in May and they're offering £120 refund if she cancels. She has something like 10+ years NCD which I assume will transfer if she cancels and then take sout a new policy with another provider?
Countdown said:
My son passed his driving test last week. I contacted my wife's insurance company to get him added as a named driver to the Policy but they've declined to add him on for some unknown reason
Can he get his own insurance policy on her car? He did while he was learning (temp cover via Marmalade I think) but it was inordinately expensive. However I'm not sure if you can take out a Policy on a car you don't own.
The other option will be to cancel my wife's policy and then take out a new Policy with both their names on it but that means losing a chunk of the premium we've already paid.
Firstly you can insure yourself on a car you don’t own - it’s known as non owner insurance - but not all companies will. Can he get his own insurance policy on her car? He did while he was learning (temp cover via Marmalade I think) but it was inordinately expensive. However I'm not sure if you can take out a Policy on a car you don't own.
The other option will be to cancel my wife's policy and then take out a new Policy with both their names on it but that means losing a chunk of the premium we've already paid.
Your wife’s current Insurer probably declined to insure him as it’s a material change in information and doesn’t fit with their uw strategy.
As long as you give all the correct information you might find using a broker is easier than trying to use the meerkats.
Someone like Keith Michaels who seems to get mentioned a fair bit.
In the longer run it’s better to try and get your son insured on his own policy and earning his own ncb.
Adding yourselves to “ his “ policy as named drivers and perhaps volunteering a mileage limitation ( say 7k ) will reduce the premium or there may also be the black box addition potential.
I found Admiral “ relatively “ good value for all 3 of our children's cars although they owned them.
vikingaero said:
The day Vikingette1 passed her test last August, I added her to the insurance on the Honda Jazz. The premium went up from £180 to c.£900.
Then after a week of zooming around in it, she announced that she was moving in with her workmates in London and didn't need a car.....
Then after a week of zooming around in it, she announced that she was moving in with her workmates in London and didn't need a car.....
My youngest did something similar - except she asked if she could stay on the Policy for the 3 days per year that she would come back to Manchester.
She reconsidered when i suggested she'd be paying for it
alscar said:
Firstly you can insure yourself on a car you don t own - it s known as non owner insurance - but not all companies will.
Your wife s current Insurer probably declined to insure him as it s a material change in information and doesn t fit with their uw strategy.
As long as you give all the correct information you might find using a broker is easier than trying to use the meerkats.
Someone like Keith Michaels who seems to get mentioned a fair bit.
In the longer run it s better to try and get your son insured on his own policy and earning his own ncb.
Adding yourselves to his policy as named drivers and perhaps volunteering a mileage limitation ( say 7k ) will reduce the premium or there may also be the black box addition potential.
I found Admiral relatively good value for all 3 of our children's cars although they owned them.
Thanks.Your wife s current Insurer probably declined to insure him as it s a material change in information and doesn t fit with their uw strategy.
As long as you give all the correct information you might find using a broker is easier than trying to use the meerkats.
Someone like Keith Michaels who seems to get mentioned a fair bit.
In the longer run it s better to try and get your son insured on his own policy and earning his own ncb.
Adding yourselves to his policy as named drivers and perhaps volunteering a mileage limitation ( say 7k ) will reduce the premium or there may also be the black box addition potential.
I found Admiral relatively good value for all 3 of our children's cars although they owned them.
i think you're right about my wife's current insurer. They specialise in mature drivers and he isn't.
Some say don't let them drive for a couple or three or so weeks after passing their test, as thats when they are most likely to have a crash so the insurance quotes reflect that. If you can encourage them to wait a month or so then try to get them insured the quotes have been a lot lower than the month before.
Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
hurstg01 said:
Some say don't let them drive for a couple or three or so weeks after passing their test, as thats when they are most likely to have a crash so the insurance quotes reflect that. If you can encourage them to wait a month or so then try to get them insured the quotes have been a lot lower than the month before.
Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
Not sure Insuramce algorithms / rate matrix’s do say that.Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
Actuaries models simply go on their own datasets which vary for every Insurer.
I would doubt built into those would be assumptions that no one would then actually drive a car for the first 3 weeks post inception.
hurstg01 said:
Some say don't let them drive for a couple or three or so weeks after passing their test, as thats when they are most likely to have a crash so the insurance quotes reflect that. If you can encourage them to wait a month or so then try to get them insured the quotes have been a lot lower than the month before.
Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
It may sound bonkers, but if an insurance company have actual stats to show that it's true, then how it sounds or your or my feelings don't actually matter.Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
But I think insurers know that experience doesn't count for much with young drivers. A 50 y/o who passed their test yesterday will pay a hell of a lot less than a 20 y/old with a full licence 3 years, all other factors being equal. And the reason for that, the new driver aged 50 is a hell of a lot less likely to make a claim.
alscar said:
hurstg01 said:
Some say don't let them drive for a couple or three or so weeks after passing their test, as thats when they are most likely to have a crash so the insurance quotes reflect that. If you can encourage them to wait a month or so then try to get them insured the quotes have been a lot lower than the month before.
Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
Not sure Insuramce algorithms / rate matrix s do say that.Sounds bonkers, as if you're not insuring them on a car straight away how are they then 'more safe' than those who drive as soon as they passed? Surely as soon as they've passed and waiting a month or so then getting them to drive are pretty much the same thing experience-wise?
Actuaries models simply go on their own datasets which vary for every Insurer.
I would doubt built into those would be assumptions that no one would then actually drive a car for the first 3 weeks post inception.
boyse7en said:
It's only one example, but when my daughter passed her test I got quotes on her Yaris and she saved about £300 (about 13%) by starting the policy a fortnight after her test rather than the next day.
That could be more down to when the policy incepts. Asking for a policy to start the next day could well see a higher premium than say one starting in 2 weeks time ?
Appreciate that’s more generally seen but perhaps coinciental or not ?!
alscar said:
boyse7en said:
It's only one example, but when my daughter passed her test I got quotes on her Yaris and she saved about £300 (about 13%) by starting the policy a fortnight after her test rather than the next day.
That could be more down to when the policy incepts. Asking for a policy to start the next day could well see a higher premium than say one starting in 2 weeks time ?
Appreciate that s more generally seen but perhaps coinciental or not ?!
My daughter passed a few months ago. I gave her my 116d work hack as a first car. She paid 1750FC for the year.
After a couple of weeks she wanted to get something else as she wasn’t keen on the BM.
After doing some research we found an Audi TT 225 convertible with a drainpipe exhaust and a dump valve was cheaper to insure than the 116 with mods declared. The exhaust even brought the quote down.
So she brought it and hasn’t regretted it!
After a couple of weeks she wanted to get something else as she wasn’t keen on the BM.
After doing some research we found an Audi TT 225 convertible with a drainpipe exhaust and a dump valve was cheaper to insure than the 116 with mods declared. The exhaust even brought the quote down.
So she brought it and hasn’t regretted it!
From Google Gemini.
There is a big insurance difference !
For a UK driver looking to keep premiums down, the 2021 base model Volkswagen up! sits in Insurance Group 1 or 2, making it one of the absolute cheapest cars on the road to insure. By comparison, the Toyota Auris 1.2T Icon sits in Insurance Group 14. [1] (https://www.parkers.co.uk/volkswagen/up/review/mpg-running-costs/), [2] (https://brumble.co.uk/car-insurance/volkswagen), [3] (https://www.finder.com/uk/car-insurance/toyota/toyota-auris-insurance-group)Because UK insurance groups run from 1 to 50 (with 1 being the cheapest and 50 being the most expensive), this represents a significant gap in annual premium costs. [1] (https://www.marshmallow.com/blog/toyota-car-insurance-groups-explained), [2] (https://www.motcheckup.co.uk/insurance-groups)Insurance OverviewCarInsurance Group RangeWhat This MeansVW up! (Base Model, 2021)Group 1 to 2Perfect for young, newly qualified, or high-risk drivers. It is placed here due to its tiny 1.0L engine (65hp), budget-friendly parts, and high safety standards.Toyota Auris 1.2T IconGroup 14Typical for a standard family hatchback. While it won't break the bank for an experienced driver with a clean record, it will cost noticeably more than the up! due to its higher market value, larger body panels, and more powerful 114bhp turbocharged engine.
There is a big insurance difference !
For a UK driver looking to keep premiums down, the 2021 base model Volkswagen up! sits in Insurance Group 1 or 2, making it one of the absolute cheapest cars on the road to insure. By comparison, the Toyota Auris 1.2T Icon sits in Insurance Group 14. [1] (https://www.parkers.co.uk/volkswagen/up/review/mpg-running-costs/), [2] (https://brumble.co.uk/car-insurance/volkswagen), [3] (https://www.finder.com/uk/car-insurance/toyota/toyota-auris-insurance-group)Because UK insurance groups run from 1 to 50 (with 1 being the cheapest and 50 being the most expensive), this represents a significant gap in annual premium costs. [1] (https://www.marshmallow.com/blog/toyota-car-insurance-groups-explained), [2] (https://www.motcheckup.co.uk/insurance-groups)Insurance OverviewCarInsurance Group RangeWhat This MeansVW up! (Base Model, 2021)Group 1 to 2Perfect for young, newly qualified, or high-risk drivers. It is placed here due to its tiny 1.0L engine (65hp), budget-friendly parts, and high safety standards.Toyota Auris 1.2T IconGroup 14Typical for a standard family hatchback. While it won't break the bank for an experienced driver with a clean record, it will cost noticeably more than the up! due to its higher market value, larger body panels, and more powerful 114bhp turbocharged engine.
Just a couple of suggestions to help you out.
DISCLAIMER: I am no insurance expert. However, I have 3 kids who have gone through the same process.
Within minutes of passing, all 3 wanted to get coverage immediately. So, doing what I was instructed/asked, I started the process. I won't bore you with the details, but I was told by a friend who is an insurance underwriter that the cheapest way is as follows,
For a new driver, it’s tempting to buy a car based purely on price or what they like the look of, but the insurance group can make a huge difference to the overall cost. A relatively inexpensive used Fiesta, Corsa/Vauxhall or Peugeot can sometimes work out far cheaper to insure and repair than a more powerful or expensive model.
I’d definitely recommend getting a few insurance quotes on different cars before buying one. The difference in premiums can be surprisingly large, and a slightly different choice of car could save a lot of money over the first few years.
The black box suggestion is also worth considering, particularly if it brings the premium down significantly.
DISCLAIMER: I am no insurance expert. However, I have 3 kids who have gone through the same process.
Within minutes of passing, all 3 wanted to get coverage immediately. So, doing what I was instructed/asked, I started the process. I won't bore you with the details, but I was told by a friend who is an insurance underwriter that the cheapest way is as follows,
For a new driver, it’s tempting to buy a car based purely on price or what they like the look of, but the insurance group can make a huge difference to the overall cost. A relatively inexpensive used Fiesta, Corsa/Vauxhall or Peugeot can sometimes work out far cheaper to insure and repair than a more powerful or expensive model.
I’d definitely recommend getting a few insurance quotes on different cars before buying one. The difference in premiums can be surprisingly large, and a slightly different choice of car could save a lot of money over the first few years.
The black box suggestion is also worth considering, particularly if it brings the premium down significantly.
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