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Teenage Car Insurance Advice - Finchie (1st Sep 2013 - 09:09:50) Blimey, this is a minefield ! Just started exploring this and spotted that annual car insurance for a teenage boy typically costs twice that of the car ! What happened to the days when I had my souped up Mark II Escort (Nevada Beige), with Colonel Bogey air horns - cost a couple of hundred quid on Third Party Fire and Theft (which no longer exists). It's now 10 times that. I'm sure a few of you have been through this and any advice on what was the cheapest. It seems there are a few options. Add the car to a multi-car policy (I had this with admiral but changed when they wanted to double the cost), so might not work for me. One with a tracker. I like this idea, as there's a real incentive and reward to drive within the laws - anyone had good/bad experiences ? I've heard about "drive like a girl" as a provider. Anyone use them ? Eldest Finchie might have to keep that secret from his mates though. I hear adding an adult as a named driver helps reduce cost - is that true ? Thanks in advance for constructive input (ie start another tread if you want to rant about teenage drivers !!). Cheers, Finchie

Re: Teenage Car Insurance Advice - Debbie (1st Sep 2013 - 09:31:42) Hi Finchie, If you've got a learner driver I've heard good things about this company www.wearemarmalade.co.uk/learne and heres some great tips from Martin Lewis the money saving expert! www.moneysavingexpert.com/....

Re: Teenage Car Insurance Advice - Jane (1st Sep 2013 - 11:28:13) If you haven't already bought a car then the first thing to do is only buy a car that is in Group 1 ie a Peugeot 107, a Citroen C1 or a Toyota Aygo...they are all exactly the same car just badged differently. You will get the very cheapest insurance with one of these. We went for a Peugeot as it had rear headrests and basically a nicer interior. Does zillions of miles to the gallon too! Whilst your teenager is learning then the insurance isn't too bad...it goes up considerably once they pass their test! We insured through goodgirl.co.uk (I wonder if it is just for girls!) and got the best deal.

Re: Teenage Car Insurance Advice - claire (1st Sep 2013 - 19:49:08) by far the cheapest way we have found is by having them as part of a multi car policy (if you have other family cars) and it has made it cheaper having one of us oldies on their policy as a named driver.

Re: Teenage Car Insurance Advice - marian c (2nd Sep 2013 - 11:58:23) We found the cheapest way was to go Multicar policy but they do whack on extra when they pass their test. Theory being you are not with them to ensure they are driving safely. It is expensive whichever way you look at it but Jane is right if you have a group 1 insurance car then it can make a difference. It also means that they can't drive like a maniac as the engine struggles with too many in the car or going up hill. We went for the Aygo but they are all much of a muchness.

Re: Teenage Car Insurance Advice - A Broker (2nd Sep 2013 - 17:53:02) If your boy is 18 or over, try Only Young Drivers in Guildford. The youngster rings them and they use technology to analyse their answers to general driving questions to determine whether they are a boy racer or not - www.onlyyoungdrivers.co.uk. I believe they use Aviva, Ageas and other major names. The point about the insurance being more expensive than the car is often made to the industry; the reality is that the car's value is to some extent irrelevant, it is the damage that the driver could do to other people or property that really determines the cost. This is why there is no huge difference in the cost of comprehensive vs. Third Party Fire & Theft for young drivers, assuming they drive something modest. Third Party Fire & Theft does still exist; brokers arrange them occasionally but the price difference is much less than it used to be.

Re: Teenage Car Insurance Advice - nadine (2nd Sep 2013 - 19:20:07) our son used NFU who reduced it if he removed his rear seats, meaning he could take no passengers...don't know if other providers offer this????

Re: Teenage Car Insurance Advice - rh (2nd Sep 2013 - 21:49:19) Do not forget the Pass Plus scheme. This will usually get a discount of about 25% from many insures. His Instructor should be trying to sell this. It is done in 6 one hour modules covering town, country dual carriegway, motorway, bad weather and night driving. It is well worth doing.

Re: Teenage Car Insurance Advice - Finchie (3rd Sep 2013 - 00:14:54) Really great input. Thanks muchly ! Doing well so far, the Admiral multicar policy only added £2,700 !! So need to explore more options. Cheers, Finchie

Re: Teenage Car Insurance Advice - Milmoo (3rd Sep 2013 - 07:59:52) Have a look at quotes from Drive Like a Girl as they were by far the cheapest when we did insurance for my 18 year old daughter when she passed her test a few months back (around £1100 for a VW Polo). They have no mileage limits or night time curfews, and if you drive according to their guidelines you can get up to a few hundred pounds refund after three months.

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