supra_aero Posted August 27, 2009 Share Posted August 27, 2009 http://www.guardian.co.uk/money/2009/aug/26/young-motorists-insurance I knew it'd be high but not that high. Quote Link to comment Share on other sites More sharing options...
tooquicktostop Posted August 27, 2009 Share Posted August 27, 2009 I have had 2 accidents (both not my fault) in my car history, both of them the other drivers were not insured, the number does not surprise me at all ! This does not include those who have given false info as well ! Quote Link to comment Share on other sites More sharing options...
AndrewOW Posted August 27, 2009 Share Posted August 27, 2009 And the state of some of the cars these uninsured 'kids' drive make you wonder if they are known to the DVLA at all! No insurance, no MOTs, etc. Death traps. Quote Link to comment Share on other sites More sharing options...
DSK Posted August 27, 2009 Share Posted August 27, 2009 With young drivers its the cost of insurance, its very high and generally young un's refuse to get anything other than something that has some street cred. I'm not suprised at all. But neither am I suprised at the number of older people 25yrs+ that drive around uninsured. I know that quite a few try to buy newish cars with some tax/mot to help cover them up. Quote Link to comment Share on other sites More sharing options...
supra_aero Posted August 27, 2009 Author Share Posted August 27, 2009 But surely if insurance companies gave young drivers far more reasonable quotes but hit them with a massive excess, that would solve the issue? Or am i missing something.. Quote Link to comment Share on other sites More sharing options...
Holden1989 Posted August 27, 2009 Share Posted August 27, 2009 But surely if insurance companies gave young drivers far more reasonable quotes but hit them with a massive excess, that would solve the issue? Or am i missing something.. Yep very true, When i first started driving i looked at getting a pre 2000 reg 1.25 fiesta, bog standard etc and on my own insurance it was £1900 and that was after i had passed my test. What 17yr old can realistically afford that? Especially when most are being pushed into furthur education. Thankfully im on my mums insurance, and gained her 10yrs no claims too Which is great as i can now afford to have a nicer, faster car without paying through the nose for it, just because idiotic losers that are in my age bracket like to smash there car up every week Quote Link to comment Share on other sites More sharing options...
DSK Posted August 27, 2009 Share Posted August 27, 2009 I think many insurers simply don't want the risk, hence the premiums Quote Link to comment Share on other sites More sharing options...
Abz Posted August 27, 2009 Share Posted August 27, 2009 I think many insurers simply don't want the risk, hence the premiums Yep...I paid £2,500 for my Honda Civic ESi (EG) when I was 18 years old. This was after getting quotes of £5k plus for a car I paid £1,500 for! I could not get a cheaper quote than that! The reason why I paid for it? I got offered a perm job @ Deloitte, so I paid it & as mentioned Street Cred also had a lot to do with it. Most youngesters will not be able to afford it, I knew a lot of friends who drove around at that age with no insurance! Purely because they did not want to fork out 3x the value of their fiesta! Insurance companies should provide a low premium & then if they have an accident put in a high cost so then it would deter them from driving around reckless! Quote Link to comment Share on other sites More sharing options...
Safely Insured Posted August 27, 2009 Share Posted August 27, 2009 Expensive insurance for youngsters is not a new thing. Ten years ago, I paid £1300 to insure an MG Metro worth £500. If they cannot afford the insurance, they shouldn't be driving. Quote Link to comment Share on other sites More sharing options...
benkei Posted August 27, 2009 Share Posted August 27, 2009 How about first time drivers HAVING to start off in a small 1.0l thing, like a corsa or yaris, then as their experience grows they are allowed faster, more sporty or desirable cars. That way, insurance would be kept low for them, and there would be less inexperienced drivers in fast cars which they may not be able to handle? Policing would be easier too, as a young driver in a Supra for instance would blatantly be uninsured, so the police could spot them easily, and they would be easier to report too. Is insurance discriminatory? Saying that because I'm a young, male driver, I need to pay more for insurance as I'm more likely to claim... Even though I never did. Should I turn it round and refuse to pay them as they are unlikely to pay out in the case of an accident? Quote Link to comment Share on other sites More sharing options...
AndrewOW Posted August 27, 2009 Share Posted August 27, 2009 Being 40 never felt so good! Quote Link to comment Share on other sites More sharing options...
livvy Posted August 27, 2009 Share Posted August 27, 2009 How about first time drivers HAVING to start off in a small 1.0l thing, like a corsa or yaris, then as their experience grows they are allowed faster, more sporty or desirable cars. That way, insurance would be kept low for them, and there would be less inexperienced drivers in fast cars which they may not be able to handle? Policing would be easier too, as a young driver in a Supra for instance would blatantly be uninsured, so the police could spot them easily, and they would be easier to report too. Is insurance discriminatory? Saying that because I'm a young, male driver, I need to pay more for insurance as I'm more likely to claim... Even though I never did. Should I turn it round and refuse to pay them as they are unlikely to pay out in the case of an accident? Its not just that you're more likely to claim - young male drivers are statistically more likely to be involved in accidents where they are at fault, so its not just the damage to their £1500 fiesta but the damage to the other party's £20,000 + car....... Quote Link to comment Share on other sites More sharing options...
shima60 Posted August 27, 2009 Share Posted August 27, 2009 i'v been pulled over so many times for insurance checks or to see if i'v stolen the car. i once got out and someone said " are you old enough to be driving" he then checks licence and the car saying how can i afford this blah blah blah usual talk. granted i do look 12 Quote Link to comment Share on other sites More sharing options...
supra_aero Posted August 27, 2009 Author Share Posted August 27, 2009 Is insurance discriminatory? Saying that because I'm a young, male driver, I need to pay more for insurance as I'm more likely to claim... Even though I never did. Should I turn it round and refuse to pay them as they are unlikely to pay out in the case of an accident? I always thought that, and amazed no-one has challenged it in the courts. I understand statistically they may cause more accidents but how they can issue a blanket policy and discriminate based on sex and age is surely unfair. You can't make stastical reference to performance to influence wages, criminal law and sports/athlete selection. So why are insurers allowed to do it? And you certainly couldn't increase insurance due to statistics by race or religion. I think the real reason is the judge and most motorists are old and benefit from the young drivers subsidising the cost Quote Link to comment Share on other sites More sharing options...
AlexJames Posted August 27, 2009 Share Posted August 27, 2009 With young drivers its the cost of insurance, its very high and generally young un's refuse to get anything other than something that has some street cred. I'm not suprised at all. But neither am I suprised at the number of older people 25yrs+ that drive around uninsured. I know that quite a few try to buy newish cars with some tax/mot to help cover them up. oooh im classed as an older driver now Quote Link to comment Share on other sites More sharing options...
AlexJames Posted August 27, 2009 Share Posted August 27, 2009 Expensive insurance for youngsters is not a new thing. Ten years ago, I paid £1300 to insure an MG Metro worth £500. If they cannot afford the insurance, they shouldn't be driving. Yep I can ditto that... just over £1000 for a Mini 998cc! Quote Link to comment Share on other sites More sharing options...
DSK Posted August 27, 2009 Share Posted August 27, 2009 I have to admit many years ago, I always paid about £800-£1K ish for insurance with an Audi 20V Quatrro turbo being the most daft at £2800 lol. Sometimes it amazes me where many youngsters seem to get their money from driving around in pretty flash cars for such young un's. I agree, if you can't insure it, don't drive it, thats the bottom line. But, also for maturer drivers, insurance is a few hundred quid, whats their excuse for dodging insurance?? Quote Link to comment Share on other sites More sharing options...
R Black Posted August 27, 2009 Share Posted August 27, 2009 When i first started driving i looked at getting a pre 2000 reg 1.25 fiesta, bog standard etc and on my own insurance it was £1900 That IS alot, may i ask is there alot of car crime in your area? I like the Large premium idea, i find one of the worst driving groups being the young, as they can be totally wreckless, but that is all about pushing bounderies & taking risks, it is normal for the young to feel invincible. I did it too, but there are alot of youngsters out there driving ms Daisy around too. Quote Link to comment Share on other sites More sharing options...
benkei Posted August 27, 2009 Share Posted August 27, 2009 so its not just the damage to their £1500 fiesta but the damage to the other party's £20,000 + car....... What about a 40year old with a £15k car with insurance of around £300ish, crashing into someone else's £20k car... £300 aint gonna cover them both! It's a good job all these young drivers are paying ridiculous premiums, otherwise the insurance company wound never make any money! Just because you're more likely to have an accident, doesn't mean you WILL! And just because you're unlikely to have an accident, doesn't mean you wont. Quote Link to comment Share on other sites More sharing options...
garethr Posted August 27, 2009 Share Posted August 27, 2009 Yep very true, When I first started driving I looked at getting a pre 2000 reg 1.25 Fiesta, bog standard etc and on my own insurance it was £1900 and that was after i had passed my test. What 17yr old can realistically afford that? Especially when most are being pushed into further education. Thankfully I'm on my mum's insurance, and gained her 10yrs no claims too. Which is great as I can now afford to have a nicer, faster car without paying through the nose for it, just because idiotic losers that are in my age bracket like to smash their car up every week. OK if your mum is the main user of the car, not OK if you are. http://www.insurancedaily.co.uk/2007/11/01/illegal-fronting-in-car-insurance-a-growing-problem/ Quote Link to comment Share on other sites More sharing options...
Abz Posted August 27, 2009 Share Posted August 27, 2009 Some of the young kids have rubbish parents who spoil them...an explain is a friend of mine who got an Audi A3 1.6T when we was 18. He got the car for free (cost 8k) and forked out some of the insurance. I on the other hand paid £1,500 for my civic with my own money & insurance. I now have 6 years NCB & love for my cars. He has dings & marks practically all over his car & has no CB, he just sees it as a bit of material & easily replaceable by another so no due care & attention is needed. Parents should not be encouraging them like this, it spoils them in the future. Quote Link to comment Share on other sites More sharing options...
JustGav Posted August 27, 2009 Share Posted August 27, 2009 Expensive insurance for youngsters is not a new thing. Ten years ago, I paid £1300 to insure an MG Metro worth £500. If they cannot afford the insurance, they shouldn't be driving. Hmmm, because everyone is fortunate enough to have rich parents or a job which pays enough for the £2k's worth of insurance?? Turns it very much into a class based system of those who can and those that can't. Sure people will say use public transport, what happens if you live out in the country? Quote Link to comment Share on other sites More sharing options...
DanBEXsupra Posted August 27, 2009 Share Posted August 27, 2009 when i was 18 my first car was a bulk standard fiat punto 1.2, i paid £1800 for it and it was a T Reg it even still had its crappy tape player in it! my insurance was £1900, i might as well have just lied about having a car and got insured for a year lol. Quote Link to comment Share on other sites More sharing options...
livvy Posted August 27, 2009 Share Posted August 27, 2009 What about a 40year old with a £15k car with insurance of around £300ish, crashing into someone else's £20k car... £300 aint gonna cover them both! It's a good job all these young drivers are paying ridiculous premiums, otherwise the insurance company wound never make any money! Just because you're more likely to have an accident, doesn't mean you WILL! And just because you're unlikely to have an accident, doesn't mean you wont. But its all worked out on statistics, and statistically the young driver is MUCH more likely to have an accident where he/she is at fault than say a 40 year old. Like bookies they work out the odds and load the premiums so they make a profit. Also to get the premiums down to £300 for example the driver will have had no accidents where they are at fault for 6 or 7 years so has proven that they are a lower risk. Quote Link to comment Share on other sites More sharing options...
kill1308 Posted August 27, 2009 Share Posted August 27, 2009 Expensive insurance for youngsters is not a new thing. Ten years ago, I paid £1300 to insure an MG Metro worth £500. If they cannot afford the insurance, they shouldn't be driving. Yup, 12 years ago had a Mk2 Golf GTi 16v when I was 17, paid £2300 TPFT with a £500 excess. However my first car that I had for a 6 months was a 1.4 Fiesta Sport which only cost me £600 to insure, much more reasonable I think. Quote Link to comment Share on other sites More sharing options...
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