I stand corected then but i bet it is not widespread
New drivers and car insurance dilemma.
- Thread starter Two Gun Bob
- Start date
stonerblue
Well-Known Member
It was 5 years ago now, and we had to piss about to get other insurer to recognise her ncb
Dubai Blue
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- Joined
- 23 Jul 2007
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- 15,116
Cheers, I suspected that's what it would be. But without knowing the exact split between the two drivers, it still doesn't make much sense to me. I'm surprised they bother, but it's good news that they do!
Bluemanc100
Well-Known Member
^^ Agree with this, My lad paid ~£3000 for fully comp when the 1.6 Astra in his first year only cost him ~£3500 to buy,... one year later the premium fell away.. a couple of years later he was paying around £300 a year fully comp for a 14 plate Astra GTC VXR weapon less than a year old..
He is 25 now and waiting for a new Leon Cupra and expects to pay the same, around £300 for the year...
It's a huge rip off but you have to bite the bullet and get some NCD in their name sadly
bluethrunthru
Well-Known Member
and what he has done is show he is a young driver that can be trusted hence the NCD. Seems unfair but thems the rules
GX Blue
Well-Known Member
Not sure what his daughters sex life has to do with car insurance quotes.
sir baconface
Well-Known Member
I believe it can be invalidated, though, if it’s not pukka.
dickie davies
Well-Known Member
My 18 year old passed her test last year and I bought her a first runaround, a 2003 Fiesta for £700
Fully comp insurance with Hastings Direct, that had to have a black box fitted, was about £1500 (which included the black box fitting fee)
One year later, the insurance had dropped to £600 for the same policy, however we've now moved onto a 2007 Corsa that's insured at a cost of £700
Fully comp insurance with Hastings Direct, that had to have a black box fitted, was about £1500 (which included the black box fitting fee)
One year later, the insurance had dropped to £600 for the same policy, however we've now moved onto a 2007 Corsa that's insured at a cost of £700
Two Gun Bob
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- 2 Apr 2010
- Messages
- 11,872
Thank you for all your helpful feedback with some very good information tendered.
I have now managed to get a better understanding of how the car insurance market works and have secured enough online tools to assist in this quest.It took me the best part of an afternoon so you have to put the legwork in to secure some reasonable quotes.
After reading Martin Lewis's site and reading back on this thread we both selected a final choice of two cars based on up to date insurance groupings. A simple procedure that catagarorises risk from 1 - 50 and being set set by a panel of experts from Thatchams after taking in all the variables. Obviously the cars in the highest group are mainly high performance models likely to cost insurers the most in claims.
Insurers may use the panel's recommendations in their calculation of car insurance premiums or they may choose to use their own groupings.
And this is where the subtilties lie. Individual insurance houses do not nessasaraly follow thatchams to the letter utilising their own data gathered by their own market statistics.Groupings are weighted heavily on repair costs and many other overiding factors.
So now I have a few cars suitable for the task and coming in at group 2 to 4 so it's time to dance the dance.
The big three comparison sites cover most of the market so after a quick quote from the big independant Direct Line we rolled the dice.
The good thing about these sites is you can log back into your account later to edit data and manipulate price.
After 2 hours we came to the conclusion that there was more chance of platting fog then obtaining lower quotes without having a box fitted.
The boxes monitor driving habits acceleration speed etc encouraging good driving habits.
There are many companies in the market place using them with some being self fit into the cars 12 volt cigarette lighter.
The quotations received were incredible diverse with some wanting in excess of £3500
The majority of results bottomed at £2k to 2.5k
The lowest quotes were with the co-op and a company called Wise box who had a high defacto insurance rating of 4 stars so all good there then.
The price was £1390 with just herself to drive or £1270 with her elder sister as a nominated driver.
So sometimes adding a nominated driver can have marginal results and at the end of the day a penny saved is a penny earned.
However all that glitters is not gold and when I added myself as a nominee they wanted £2500.
I have not had an at fault accident in 36 years but my job description vexted them immensly.
To conclude some insurers offer discount for named drivers and some do not.
Data input was a 24 year old female on first years insurance driving a 2016 plate kia Rio 1249cc 5 door hatchback.
Annual mileage of 8,000 and no previous convictions.
Next year when she is 25 and has a years NCD I would guess she ill be looking at around the £700 mark.
I also input a fiesta 5 door style 2 year old coming in at £1480.I think the Kia will fit her criteria and carries a 7 year warranty as standard.
The lowest quote with no telamatics was £1600.
I have now managed to get a better understanding of how the car insurance market works and have secured enough online tools to assist in this quest.It took me the best part of an afternoon so you have to put the legwork in to secure some reasonable quotes.
After reading Martin Lewis's site and reading back on this thread we both selected a final choice of two cars based on up to date insurance groupings. A simple procedure that catagarorises risk from 1 - 50 and being set set by a panel of experts from Thatchams after taking in all the variables. Obviously the cars in the highest group are mainly high performance models likely to cost insurers the most in claims.
Insurers may use the panel's recommendations in their calculation of car insurance premiums or they may choose to use their own groupings.
And this is where the subtilties lie. Individual insurance houses do not nessasaraly follow thatchams to the letter utilising their own data gathered by their own market statistics.Groupings are weighted heavily on repair costs and many other overiding factors.
So now I have a few cars suitable for the task and coming in at group 2 to 4 so it's time to dance the dance.
The big three comparison sites cover most of the market so after a quick quote from the big independant Direct Line we rolled the dice.
The good thing about these sites is you can log back into your account later to edit data and manipulate price.
After 2 hours we came to the conclusion that there was more chance of platting fog then obtaining lower quotes without having a box fitted.
The boxes monitor driving habits acceleration speed etc encouraging good driving habits.
There are many companies in the market place using them with some being self fit into the cars 12 volt cigarette lighter.
The quotations received were incredible diverse with some wanting in excess of £3500
The majority of results bottomed at £2k to 2.5k
The lowest quotes were with the co-op and a company called Wise box who had a high defacto insurance rating of 4 stars so all good there then.
The price was £1390 with just herself to drive or £1270 with her elder sister as a nominated driver.
So sometimes adding a nominated driver can have marginal results and at the end of the day a penny saved is a penny earned.
However all that glitters is not gold and when I added myself as a nominee they wanted £2500.
I have not had an at fault accident in 36 years but my job description vexted them immensly.
To conclude some insurers offer discount for named drivers and some do not.
Data input was a 24 year old female on first years insurance driving a 2016 plate kia Rio 1249cc 5 door hatchback.
Annual mileage of 8,000 and no previous convictions.
Next year when she is 25 and has a years NCD I would guess she ill be looking at around the £700 mark.
I also input a fiesta 5 door style 2 year old coming in at £1480.I think the Kia will fit her criteria and carries a 7 year warranty as standard.
The lowest quote with no telamatics was £1600.
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talkativesprout
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- Joined
- 30 Mar 2009
- Messages
- 10,141
I passed my test at the good old age of 46 (last year) and found the more you have on who could conceivably have to drive the motor the better (I had brother/sister in law/dad/mate) and it made a difference...I looked a little deeper and it seems (un-tested) even someone with only a provisional who could conceivably drive the car reduces it. (This was off some piston head type forum btw)