Soopra Posted July 2, 2011 Share Posted July 2, 2011 Last July my son was 17 so I bought him a 988cc D reg Nissan Micra to learn to drive in (his choice) At the time we got insurance quotes for when he passed his test. Worse case scenario - about £1000... I promised him that when he passed his test I'd insure the car... For Christmas we bought him driving lessons... On Thursday (still aged 17) he passed his driving test first time!! Cue very proud parents!! As I promised him I started looking at car insurance... OMG!!!!!!!!!!!! I have just had the pleasure of forking out £3230 to insure a car worth £500!!! I tried everything - all the comparison sites, phoning specialist brokers, absolutely everything.... I even tried looking at buying him a different car to see if it would be cheaper!! Anyway he's mow driving (extremely cautiously I may add as he appreciates how much this has cost) Can someone please explain to me how on earth car insurance has tripled in a year!!!!!!!!!!! Not best happy, but still a very proud mum Quote Link to comment Share on other sites More sharing options...
Scott Posted July 2, 2011 Share Posted July 2, 2011 Should have waited till he turned 18. Should make a big difference to the premium. New cars are cheaper for younger people to insure due to the fact that they tend to look after them etc. Quote Link to comment Share on other sites More sharing options...
Bailey. Posted July 2, 2011 Share Posted July 2, 2011 That's crazy, the country has gone to pot!!!! Quote Link to comment Share on other sites More sharing options...
Soopra Posted July 2, 2011 Author Share Posted July 2, 2011 Should have waited till he turned 18. Should make a big difference to the premium. New cars are cheaper for younger people to insure due to the fact that they tend to look after them etc. i tried getting quotes for when he turns 18 - no difference at all - it seems 19 makes a difference however... i tried getting quotes on a newer car and it was even worse than the Micra he has Quote Link to comment Share on other sites More sharing options...
Guest ugp Posted July 2, 2011 Share Posted July 2, 2011 Should have waited till he turned 18. Should make a big difference to the premium. New cars are cheaper for younger people to insure due to the fact that they tend to look after them etc. ^^ What he said. It was cheaper for me to insure a 2k golf gti than a 100 quid rover. Quote Link to comment Share on other sites More sharing options...
Soopra Posted July 2, 2011 Author Share Posted July 2, 2011 and just for fun I got a quote with him as a named driver on my Supra... wait for it.... £14,000 - yes £14,000!!!!! Quote Link to comment Share on other sites More sharing options...
Scott Posted July 2, 2011 Share Posted July 2, 2011 I take it you insured the car in your name and put him as a named driver? Won't save you much nowadays but it will save a bit at least. Quote Link to comment Share on other sites More sharing options...
Soopra Posted July 2, 2011 Author Share Posted July 2, 2011 I take it you insured the car in your name and put him as a named driver? Won't save you much nowadays but it will save a bit at least. can't do it any more - it's illegal now did try doing online quotes that way and the results were exactly the same (to the penny) Quote Link to comment Share on other sites More sharing options...
Scott Posted July 2, 2011 Share Posted July 2, 2011 can't do it any more - it's illegal now did try doing online quotes that way and the results were exactly the same (to the penny) It's never been allowed. Not sure if it's illegal or not (as in law) but the reason why it didn't make a difference is because the insurance companies are onto it and now cater for that eventuality. Quote Link to comment Share on other sites More sharing options...
scotty71 Posted July 2, 2011 Share Posted July 2, 2011 Are you paying in installments what ever the answer.... sod that, I would have got him an uber moped instead and insured it and saved half the money Quote Link to comment Share on other sites More sharing options...
Attero Posted July 2, 2011 Share Posted July 2, 2011 I can't keep a promise I can't afford. I would have a disappointed kid I'm afraid. I have the feeling however, that you have not looked hard enough. Who did you end up going with if you don't mind me asking? Quote Link to comment Share on other sites More sharing options...
barneybrendan Posted July 2, 2011 Share Posted July 2, 2011 ive been getting quotes for my daughter online for now pretending she has just passed her test.Getting quotes of around £2500 for a micra ,fiesta ect.I didnt reply to any online ,but now i am getting emails with quotes from the same companies a lot less.Example 1.1 fiesta 1999 £1375.I take it that these companies are just trying it on with the original quotes as a lot of people want it right away. Quote Link to comment Share on other sites More sharing options...
Westy Posted July 2, 2011 Share Posted July 2, 2011 Those prices are insane...I'd get the train for a few years!!!lol! Quote Link to comment Share on other sites More sharing options...
jazz1 Posted July 2, 2011 Share Posted July 2, 2011 Same problem I'm having now, I put my cars on dads trade policy in 2008, I had 3 years no claims then with Adrian flux. Problem I'm having now is I want to insure my cars seperate due to the broker messing my father up aswell as me. Anyways I have now been told I have expired no claims bonus and my cheapest micra quote is 1800, I'm 26 and 2400 on the supra fully comp. It annoys me that I was not informed in anyway that my no claims would expire, neither did my broker tell me that my no claims would not be added . Back in 2008 my micra with 3 points and no claims was 800!!!! Quote Link to comment Share on other sites More sharing options...
Soopra Posted July 2, 2011 Author Share Posted July 2, 2011 I can't keep a promise I can't afford. I would have a disappointed kid I'm afraid. I have the feeling however, that you have not looked hard enough. Who did you end up going with if you don't mind me asking? Company called Budget - lol trust me i spent an entire afternoon and evening looking online and making phonecalls. One company quoted £1900 - when I called back to buy it they were very quiet and then told me they had quoted for a girl!! Quote Link to comment Share on other sites More sharing options...
Soopra Posted July 2, 2011 Author Share Posted July 2, 2011 ive been getting quotes for my daughter online for now pretending she has just passed her test.Getting quotes of around £2500 for a micra ,fiesta ect.I didnt reply to any online ,but now i am getting emails with quotes from the same companies a lot less.Example 1.1 fiesta 1999 £1375.I take it that these companies are just trying it on with the original quotes as a lot of people want it right away. it seems girls are cheaper to insure than boys... one company quoted me £1900, when i called back to buy it they told me they had quoted for a girl... the call centre staff will be out of intensive care next week... Quote Link to comment Share on other sites More sharing options...
tomgeer Posted July 2, 2011 Share Posted July 2, 2011 Insurance prices now are just madness, when I was 18 I insured a swift gti for £1100 and an xr3i a year later for £1250 and they were considered performance cars, I remember thinking I was being ripped off at those prices. My first car was a fiat uno 1.0, £300 as a named driver on my Dads policy but to insure it by myself it would have been £600 (I remember because I couldn't afford that at the time). Quote Link to comment Share on other sites More sharing options...
RobD Posted July 2, 2011 Share Posted July 2, 2011 Insurance prices went up 30-40% last year, scheduled for another 30% I saw on the news the other day! I've always thought it was a joke, they know it's against the law to drive without it hense the prices. Soon it'll be like getting on the property ladder for the first time, near impossible for working class! Quote Link to comment Share on other sites More sharing options...
Attero Posted July 2, 2011 Share Posted July 2, 2011 Ever considered chopping his bits off? Although I must warn you, female insurance is on the increase, it might not be worth the hassle of such a gross task. Quote Link to comment Share on other sites More sharing options...
dude Posted July 2, 2011 Share Posted July 2, 2011 My mate had the same thing, reason he was given......................his son is now driving unacompanied!!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
TTRickeh Posted July 2, 2011 Share Posted July 2, 2011 Has he considered a sex change? I changed my quote from Mr to Ms once and it halved in price. I insured a brand new Seat Ibiza in 2003 at 17 which was about 1800 for the year which I thought was pretty crazy at the time. I guess Scott's right about newer cars, probably safer and harder to break into as well resulting in lower claim costs etc. At least take some solace from the fact that it's as bad as it's going to get (so long as he doesn't go crashing into folk!). It'll only get cheaper from now on. I still have my Ibiza and it costs £247 to insure this year Quote Link to comment Share on other sites More sharing options...
RobD Posted July 4, 2011 Share Posted July 4, 2011 This made me quite annoyed yesterday, well happy as well! My other half is doing her driving lessons ATM, she's 31 in October and as I've always spent a lot on my cars during the years we've been together I've promised her that I'd get the car she's wanted for ages now, a Seat Leon Cupra R, now I was expecting to pay 2-3k for her to insure it, checked quotes yesterday with her being put down as driving for 1 month, insurance was £921! Couldn't believe it! With me on the insurance as well ( I'm 24 with 3NCB's) it was £1700! £50 more than what I was paying for my NA supra last term! And tbh I reckon the Leon will be a little quicker! That quote was with a reg from a Leon Cupra R 225 Bhp! So top model basically! I was quite annoyed at how it's so cheap for a first time driver but happy I'm won't be paying through the nose for it! Just goes to show how insurance hell bent on ripping young drivers off! Quote Link to comment Share on other sites More sharing options...
sams Posted July 4, 2011 Share Posted July 4, 2011 insurance has been rather wierd lately. i just done mine through admiral. 22. 5 years leicence (clean now), 3 yrs ncb Fully comp SDP+C (my mum is on there as a named driver she will never use the car tho ) PE10 postcode = £870. they want nearly 3k if i paid in installments. Aplan refused to reinsure the car because of my age. but when i phoned admiral i went trough the details with them 3-4 times to double check i got them all correct Quote Link to comment Share on other sites More sharing options...
Supralad Posted July 4, 2011 Share Posted July 4, 2011 is he fully comp? are there any other drivers on his policy? what company did you go with? Not being funny but a lot of insurance companys take the p155 out of women as they often dont have a clue what the prices are or should be. That quote is out of this world, you have been mugged off completely. £500 car does not cost over 3grand to insure, simple maths. Quote Link to comment Share on other sites More sharing options...
Ace Posted July 4, 2011 Share Posted July 4, 2011 Just for fun... My mother is 59, drives a '57 plate Megane GT (two litre diesel) which was bought in Jan '10 for 11k, and paid 441gbp last year for her insurance (20+ years no claims, does about 6000 miles a year, clean licence, garaged) through Direct Line. When her renewal came through in March this year, the only things pertinent to her insurance were that she had gained another year of claim free driving, and the car value had gone down (as it would), and Direct Line wanted 1100gbp off her. She hasn't moved house, changed job, dropped a twin turbo engine in the car, gained any points or caused a four car pile up. A stroppy letter to Direct Line outlining that the renewal was frankly attempted robbery merely prompted the standard template "we are sorry you are choosing not to continue your car insurance with us" response. Happy ending though, she got a renewal of 345gbp through Swift Cover. Insurance has always been a bit of a profiteering / racketeering business; now it's just becoming more and more obvious to us all. Quote Link to comment Share on other sites More sharing options...
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