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My 22yr old son is about to take out his own insurance.
He’s had a full licence for 3ish yrs but has no insurance history.
Any recommended specialists that may offer less crippling rates to younger drivers?
(He’s looking at buying a boring VW Bora 1.6S - a charmless car that we suspect may be low risk due to typical demographic that buys and absence of cred for the TWOCas).
No idea of latest prices but don't only look at the comparison sites as you won't always get the best deals. When my son needed his first insurance when Aviva was the best deal for him. Funnily enough he has ended up working for them now.
Admiral were the best for my son's first policy. £1200 no black box and 10K mileage
Co-op were decent for us in the first year, but it's all based on computer algorithms, so you'll just have to shop around. Adrian Flux are a specialist broker for all sorts of stuff that have often, (though not always) done OK for me.
Thanks all. His first quote for fully comp is not too horrendous actually, £740 from Hastings.
We’ll be checking out a few others to sense check but fairly promising.
Does he actually need fully comp?
I used to find that fully comp was actually cheaper than 3rd party.
£740 doesn't sound bad. I bought my first car at that age in 2008 and paid similar so 11 years later that seems a good price ('96 fiesta 1.3l). I'd passed when I was 18 but was at uni so no need for a car.
And to cross-thread, I paid £150 for the car, with no MOT and it passed first time 🙂
My lad is 21 with 3yrs experience and his insurance is £500 on a Citroen C2 VTS living in student area of Cardiff so £740 sounds a tad steep, he is with Hastings Direct.
Given that he's had a licence 3yrs has he been driving other things, maybe a named driver on your car? Some insurers will count this.
I had two years driving my dad's Landy before I got my own car at 23 (1.6 Proton Persona XLi for £200) They gave the equivalent of 1yr NCD on receipt of a letter from my dad's insurer saying I hadn't crashed his car (I did reverse it into a garage door and smashed the back window but that wasn't an insurance job) Paid £600ish to insure it.
£740 sounds good for the first year.
Has he been a named driver on anyone else's policy? It would be worth asking the company that policy is with if they'd offer a deal, say 1 year NCD for that clean history?
If he has absolutely no history then uh, as above.