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UK only pls.whats the cheapest car insurance for 17 yr old male?
my son has just passed his test and bought a cheap 'runaround' 1.1 punto. He is obviously going to pay high premiums, but quotes for third party insurance are between £2000/4000! Also because he is under 18 yrs, he cannot choose to pay by installments. Would it be better to register the vehicle in my name,set up a policy and have him as named driver? I hold a full UK license for 12 years but have always been on my hubby's car insurance policy, so dont have any no claims. I have never had an accident. Is this the cheapest way for him to obtain insurance? I know he wont build up no claims this way, but he only earns minimum wage and doesnt have the sort of money 'up-front' that they are asking. I have noticed that the companies who claim to specialise in young drivers were some of the highest quotes! thanks for your help.
Public Comments
- www.comparethemarket.com www.confused.com these will compare quotes
- If you have a Yellow Pages, have a look through for '17-30'. They quote specifically for younger drivers. It is an Endsleigh company.
- We found the cheapest was 'Quinn'. Check them out for a quote - they're really cheap Here's the link http://www.quinn-direct.co.uk/
- tesco do good car insurance for young people . its better for him in the long run to have his own insurance
- You can register the vehicle in your name, buy the vehicle from him and set up a policy with him as a named driver BUT You will have to declare him as the main driver and that he goes to and from work (assuming he will). If you do that then you won't find much if any premium saving. Have you tried an insurance broker locally - they have a range of insurers to choose from so will help you to winnow many of the companies and save you time. You will also save your son from falling into the trap of buying a policy solely on price and then finding out that he isn't covered because he failed to obey some petty policy restriction.
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