£1425 Per Year Insurance for a 1.2v ? sounds way high

[413x]

I was a named driver for a fair few years, just because the cost was so high, when Ileft uni iIgot MY ffirst car and my insurance was 1000ish I think on a 1.8 petrol, for a couple of years, I went with Admiral as they asked for years driving as well as rather than NCD, so it worked out.

That does seem a lot OP but insurance is always going up. I thought even if you were a new driver it wouldn't be that much at that age.

I'm 27 now and my insurance on my honda has just dropped by (renewal next month) 300 and I don'tknow why

It's a funny thing car insurance

 

[danza]

I've heard that fronting is a good way to get cheaper insurance. Don't know why nobody ever suggests it.

 

[hawker1986]

For a long time as a student I was driving "my car" which was registered to my mum and on her insurance policy, but it was clearly stated that I was the main driver on the policy. Thats not insurance fraud, thats fine.

As to your situation OP others have already said that seems rather excessive, ive found that having a multicar policy is a life saver on the insurance and as others have said add low risk named drivers to bring down the price.

Good luck I know how much ball ache this can be.

Hawker

 

[Vertigo]

Constantly amazed at how many people express consternation or surprise that their cheap and cheerful car could attract such a high premium.

It's got nothing to do with the value of your own car, it's the £50k BMW that you could write off with it that's the issue, and this becomes a big risk for the insurers if you're a new and/or young driver.

 

[ViRuS2k]

Did a quote with admiral as suggested.

£968 per annual fully comp much better than the £1425 that my parents insurance company quoted and thats without even putting my parents on the insurance to bring it down.

 

[eatcustard]

I just payed £290 on a MCS (modded) full comp protected.
get your own NCB, suffer the £££ for a few years, then you can get cheap insurance.



Simples

 

[Diagro]

I feel your pain OP.

Me and the missus have a single car between us, a nice megane 1.5 TDI.

Her insurance is £351, Add £25 for me as a named driver.

if i was to be the one who had the insurance and her as the named it would be £1900 + 60 for her.

be a named driver mate, Cheaper and with direct line you get no claims

(missus is 24 and i am 23)

 

[div0]

No, it's also fraudulent if you're the main user of the car. Get your own policy and start building up experience and no claims.

Its worth pointing out that having your parents insure the car is known as fronting as is illegal.

Read what I posted. If you are insured as a named driver on a car which you use regularly, you are committing insurance fraud.

Not quite, a named driver could quite legally use the car regularly. The point is that the policy holder should be the main driver.

None of the above is strictly true.

It is quite possible for a named driver to be the main driver and still be insured. You just have to make sure you inform the insurance company of this situation. There is no reason why the policy holder has to be the main driver.

For a Motors forum, I'd have expected better information. Being a named driver and driving the car more than the policy holder is not fronting, so long as you inform the insurance company as to whom the main driver will be.

That's fair enough if the insurance company knows you're the main driver. What my post was referring to was someone being a named driver on a car which they use most of the time, while the policy holder does not. This means the insurance company isn't aware of the risks they are insuring against, and cannot charge accordingly

There is an important difference though. Notifying the insurance company is the important bit. Accusing anyone who is a main driver (on someone else's policy) of fronting, isn't really helpful to people such as the OP.

Assuming he is to be the main driver of the car, it may well turn out that he is cheaper to be a named (main) driver on his parent's policy, than to have his own policy. And in order to do this, all he needs to do is notify the insurance company (that he will be the main driver and not his parents [aka the policy holder]) and see how much it changes the price of his quote.

My girlfriend owns her own car and has always had her own policy (with me named). When I got rid of my car, we ended up sharing hers. As soon as it became clear that I would be driving the car more than her, we notified the insurance company and they adjusted the price of her insurance by a few pounds a year. Her policy, me as the main driver. Job done.

 

[ViRuS2k]

My girlfriend owns her own car and has always had her own policy (with me named). When I got rid of my car, we ended up sharing hers. As soon as it became clear that I would be driving the car more than her, we notified the insurance company and they adjusted the price of her insurance by a few pounds a year. Her policy, me as the main driver. Job done.

That sounds like a better idea
ill find out details about that if i can be changed to main and her policy and me main driver that way it should not cost much more than whats being payed at the minute + gives me a chance to get my no claims and bonus`s

 

[div0]

That sounds like a better idea
ill find out details about that if i can be changed to main and her policy and me main driver that way it should not cost much more than whats being payed at the minute + gives me a chance to get my no claims and bonus`s

The change in cost will depend on how the insurance company judge the change in risk. It may be a few pounds, like it was for us, or it may be quite a bit more. But it is worth finding out. People are wrong to suggest that it is not permitted at all. So long as you notify the insurance company, they will let you know how much it'll cost to change the policy to show that you will be the main driver.

In general it is only the policy holder who will earn 'no claims discount' each year. But some insurance companies will let you build up a 'no claims history' each year (as a named driver) and will take this into account if/when you do eventually take out your own policy.

 

[SGWills]

dont think the motor section has been wrong on this one though div0, yes some people inform the insurance company that they will not be the hpolicy holder but using the car more unfortunately the majority of people who do it this way dont advise the insurance company, so the criticism of named drivers using the car more than the policy holder will always been seen for the time being of a way to get the price down for people with high premiums.

I would keep yourself as the policy holder, add your parents on and start earning your own NCB

 

[div0]

dont think the motor section has been wrong on this one though div0, yes some people inform the insurance company that they will not be the hpolicy holder but using the car more unfortunately the majority of people who do it this way dont advise the insurance company, so the criticism of named drivers using the car more than the policy holder will always been seen for the time being of a way to get the price down for people with high premiums.

But it is wrong. It is incomplete information and it helps no-one.

'Fronting' is when the insurance company is led to believe that the car is being driven by one person (the Policy Holder), when in fact it is regularly being driven by another (a named driver). Yes people need to be told that this isn't permitted and that trying to do this will likely invalidate their insurance, if caught.

But there is absolutely nothing wrong with being the main driver on someone else's Policy, provided that you inform the insurance company.

 

[Barks]

I don't blame younger drivers for fronting to be honest. It's the only way to obtain reasonable insurance prices but if you are in an accident and 'mummy' happens to also be the main driver on another policy don't be surprised if they screw you into the ground.

I feel your pain OP.

Me and the missus have a single car between us, a nice megane 1.5 TDI.

Her insurance is £351, Add £25 for me as a named driver.

if i was to be the one who had the insurance and her as the named it would be £1900 + 60 for her.

be a named driver mate, Cheaper and with direct line you get no claims

(missus is 24 and i am 23)

I hate to be the bearer of bad news but when the EU gender equality ruling comes into force you'll likely find your new premium will be somewhere between £351 and £1900.

 

[p1RATE]

But there is absolutely nothing wrong with being the main driver on someone else's Policy, provided that you inform the insurance company.

its not exactly that easy, its not as simple as ringing up your insurance saying im the main driver now how much will that be? Most insurers will insist that the policy holder is the main driver, not only that most of them will not let you take a policy out unless you are the registered owner. Insurance is such a pain and full of brick walls

 

[div0]

its not exactly that easy, its not as simple as ringing up your insurance saying im the main driver now how much will that be? Most insurers will insist that the policy holder is the main driver, not only that most of them will not let you take a policy out unless you are the registered owner. Insurance is such a pain and full of brick walls

From experience, it is exactly that easy. One phone call, 5 minutes max.

What is usually more difficult is getting insurance where the Policy Holder is not the Registered Keeper. The reason for this is that most insurance companies are wary of a Policy Holder (parent) and a different Registered Keeper (child), aka potential Fronting.

It is normal for the Owner to be the Registered Keeper, which then usually leads to them being the Policy Holder for the car's insurance. If they are not going to be the Main Driver, then it is perfectly acceptable (and easy) to inform the insurance company of this situation and instead have a Named Driver as the Main Driver.