car insurance

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CarolK

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wonder if anyone has any suggestions. My 21 year old son has recently passed his driviing test and we have been looking at cars for him. Obviously expecting his insurance to be high, but have been getting quotes of ?4000 upwards. (more than the car !) One salesman said it could be down to his restricted licence. Has anyone any experience with this, I would appreciate any info.
 
My nephew had to pay ?2700 for his, and that was the cheapest quote for a 1 litre corsa.
Area matters
engine size/power matters

He must go for a small engine to start with. Adding older female relatives to policy will help, due to him not being the only driver and the others drivers are less of a risk.
He could set his annual milage low. and deselect parts of the policy he doesn't need.

Alternatively find a good broker who can help/advise. The online compare sites are ok for normal markets, but for more specialised things such as young driver/diabetic a broker could save alot.
 
The ?4000 was for a 1 litre corsa! Also put myself on the policy.Maybe the best course is to go to a broker and see what they can do. Thanks for advice
 
CarolK said:
The ?4000 was for a 1 litre corsa! Also put myself on the policy.Maybe the best course is to go to a broker and see what they can do. Thanks for advice
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Just noticed it's liverpool. So security could help such as a garage, off rod parking an insurance approved alarm/immobiliser.

Amazing the difference between birmingham and liverpool for the same car. I am sure these insurance companies are committing some kind of fraud. And they definately descriminate on the basis of age.
 
I'll move this to DVLA / driving, as you'll find more threads about car insurance there. I also suspect the high quote is more because he's a young man, than that he has diabetes with a restricted licence, although having a 1 or 2 year licence might attract higher premiums than a 3 year licence, the maximum for anyone on insulin. In addition to increasing security measures, passing a (voluntary) advanced driving test can reduce premiums.
 
Presumably you have checked price comparison websites such as gocompare and moneysupermarket?

Richard
 
When my niece was around that age the quotes were staggeringly lower for classic type vehicles, e.g. MkI/II Escort, Morris Minor, old Land Rover (heavy to drive and thirsty though), Vauxhall Chevette,etc
 
Used go compare website, and the cheapest was ?4000 going up to ?8000!
The car is only costing ?3000. Obvioulsy that isnt an option for him so will have to think again, thanks for your replies
 
I tried a few of the classic car sites and ?1000 - ?1500 seemed more typical. One was even around the ?600 mark (garaged overnight, good post code, 5000 max per annum) for Morris Minor, Escort 1100/1300L). It is better to phone rather than use the web as you will probaly end up having to do so for under 25's...
 
Incase anyone else in similar position, the salesman in the garage we have bought a car from advised us of a site "Young Marmalade" - about half the price for students andyoung drivers and they actually can earn own no claims bonus. Seems really good. Useful site to know about.
 
I dont drive at present but when I did on my resctricted 3 year diabetes liscence I found the cheapest to be www.elephant.co.uk . I had to do eveythign like what ypauly said, go third party fire and theft and put a higher (Ive forgtten the word I am looking for 🙂!) amoount for what you pay - like ?250 when you go to put a claim in.

Its worth sifting through a few sites on line. Try comparison websites- it does vary massively. Good luck.
 
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