Insurance

James2693

Hello

I bought a 1L corsa. Im am 17 with a learner permit. So I got a quote from Quinn with my mother on as the main driver and I got a quote of €2875 3rd party fire and theft for 12 months.

My brother has a peugeot 106 1.1L and when he was 17 he got a quote of €1100 3rd party fire and theft for 12 months, 2 years ago.

Why is it so expensive and so much more expensive that what my brothers was? I cant understand this:( Ive rang up loads of different companies and its only Quinn that will even give me a quote

MascotDec85

Well firstly it's 2 years on. Premiums did drop briefly while there was a small price war but they have been on the increase since. That won't help.

Has your mum had any accidents or convictions in the two years?

How many people are on the policy, is it just you and your mum?

Maybe a Corsa is more expensive, in general, to repair in the event of an accident then claim. Maybe they are more desirable to thieves ........


Really, there are any number of reasons which can affect the cost of a quote. I really feel for you though, that's an awful price to be quoted.

What is the value of the car?

cloneslad

It's a crazy price alright, I seriously doubt you even paid that much for it. This is one of the reasons I didn't take up driving until I was 25. I was a student or working in Korea and I just couldn't afford to pay the crazy prices.

It could be for any number of reasons, is she applying her no claims bonus to this car? Quinn have been in trouble of late too remember, so they have to start recouping some of those losses, you could possibly be the right demographic to help them.

I know it's illegal to use your mum's name if it's your car but everyone does it. Is it her 2nd car so they know she already has one fully insured in her own name?

I know it's not much help to you, but is a car a necessity for you at 17? It may be better for you to wait for a while and get your full license then shop around again.

cosmic

James2693 wrote: »

Ive rang up loads of different companies and its only Quinn that will even give me a quote

Have you tried a few brokers? The best quote I got for my insurance was through a broker. It saves a lot of time and hassle. You can even find the best qoute with them, find out the company and policy, and then ditch the broker and go direct to company. Not exactly ethical but, at the end of the day, it's your money.

**Timbuk2**

If your mother is not the main driver of the car, don't get the policy in her name. It can get messy if a claim is made.

No matter which way you go, it will be expensive at the start. I know this, being an 18 year old male a full licence (they don't really care if you have a full licence or not at my age, we all become murderers behind the wheel!). Even if you get named driver cover now (which I have as I drive my mother's car) it will still be very expensive when you do start to get your own policy.

If you start your own policy now, you will start building up NCB (No claims bonus), and the price will go down every year. Once you reach 5 years NCB, you should start to see significant savings (even moreso when you are over 25).

As a point of reference, my insurance policy is €1210 for a year on a 1.3L Toyota Starlet (1998) as a named driver on my mother's policy, fully comprehensive, with Aviva. Remember I'm a year older and have a full licence, but it won't make a huge difference when you're a young male.

If you get your own policy, if you add your mother as a named driver on your policy, the cost might come down a bit.

James2693

@MascotDec85: My mum has a clean record no convictions or claims ever.

2 people on the policy me and mum.

@cloneslad: yes it is her 2nd car.

Maybe its not a necessity but Ive bought the car now.

@cosmic I don't actually know much about insurance broker tbh but It might be worth looking into alright.

Thanks for all your help by the way. Its greatly appreciated:)

James2693

**Timbuk2** wrote: »

If your mother is not the main driver of the car, don't get the policy in her name. It can get messy if a claim is made.

No matter which way you go, it will be expensive at the start. I know this, being an 18 year old male a full licence (they don't really care if you have a full licence or not at my age, we all become murderers behind the wheel!). Even if you get named driver cover now (which I have as I drive my mother's car) it will still be very expensive when you do start to get your own policy.

If you start your own policy now, you will start building up NCB (No claims bonus), and the price will go down every year. Once you reach 5 years NCB, you should start to see significant savings (even moreso when you are over 25).

As a point of reference, my insurance policy is €1210 for a year on a 1.3L Toyota Starlet (1998) as a named driver on my mother's policy, fully comprehensive, with Aviva. Remember I'm a year older and have a full licence, but it won't make a huge difference when you're a young male.

If you get your own policy, if you add your mother as a named driver on your policy, the cost might come down a bit.

That sounds like a good idea. would that mean my mother is the main driver and me as a 2nd driver on the car or the other way around?

MascotDec85

James2693 wrote: »

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That sounds like a good idea. would that mean my mother is the main driver and me as a 2nd driver on the car or the other way around?

You would be the main driver and she'd be the named.

Adding my older sister to a policy of mine took about €200 off my policy. If only they'd seen her drive

pokingiris

I think a lot of people start out thinking that it is always cheaper to go under a parent, and just be a named driver on your own car.

I decided to go on my own day one at 19, and then knocked an extra couple hundred off for adding my mam as a named driver. Don't assume that putting your parent as the main driver will be the cheapest option. I now have my 4/5 year no claims bonus, and in my own name, my insurance has come down significantly also. Ask for all the variants, that is what they are there for.

My first insurance was €1.2k for third party fire and theft just, I now pay under 550 for fully comp, on provisional license with all the bells and whistles of road side assist etc. I am still under 25 and took mother off policy as I chopped and changed them over years. My sister is older than me and still has mother as main driver stupidly and hasn't anything to show for it!

pokingiris

Also, in past experience, guys who add girls to policy as named drivers, seems to bring down the policy premium. Shows maturity and settling down and so on, it may just be your buddy like

sentient_6

My younger brother just got his first insurance for 1200 third party fire & theft, on a 1.2, from Britton in Donegal. 1st learners permit only a few wks, obviously no NCB. You should give them a ring. I'm with them too, 1200e on a 2 litre with only 1 year NCB, which is 300 cheaper than i could get anywhere else in the country.

James2693

sentient_6 wrote: »

My younger brother just got his first insurance for 1200 third party fire & theft, on a 1.2, from Britton in Donegal. 1st learners permit only a few wks, obviously no NCB. You should give them a ring. I'm with them too, 1200e on a 2 litre with only 1 year NCB, which is 300 cheaper than i could get anywhere else in the country.

sounds good. is that on his own policy?

Mwah

quinn wanted to charge me 5000k + :O
i think im gonna wait a few years lol

MascotDec85

Mwah wrote: »

quinn wanted to charge me 5000k + :O
i think im gonna wait a few years lol

:eek:

Must have been dressed as Dick Turpin

**Timbuk2**

Mwah wrote: »

quinn wanted to charge me 5000k + :O
i think im gonna wait a few years lol

Insurance companies sometimes don't want to even insure you because you are too high risk. They put people off by providing insanely high quotes. Just keep ringing different insurance companies - you will get a much cheaper quote. Shop around though!

Don't use online quotes - just ring up, as insurance companies can get competitive with each other.

questionmark?

OP i dont know your exact details but i just went onto Tesco.ie and entered the following details to see what quote they would give me

"We are pleased to present you with the following quote:

€1182.28

This quote is indicative only and based on several assumptions and the information you provided:
- You are 17 years old, with a Provisional Irish license
- Your car is a 2001 OPEL CORSA
- Your car is kept in Tipperary

If any of the above appears to be incorrect, you can go back and update this on the previous page.
This is not an offer of insurance.

Please now proceed to full quote where you will also be asked additional details such as:

- Recent driving and insurance history;
- Any claims history;
- Details of other Tesco Financial Products.
Cover can then be arranged online"


I'd say give it a try. Keep searching and armed with the online quotes ring up and see can a rival company do better. BTW 2875e is crazy!

sentient_6

James2693 wrote: »

sounds good. is that on his own policy?

Yup.

ciaradx

I'm 18 and on a learner's permit and just got insurance for my car (1L Opel Corsa) for €660.
I got the car put in my mother's name instead of mine and then then got the insurance in her name with me as a named driver. She has a full licence and 6-7 years no claims bonus so that's why the cost came down. This is with Aviva by the way. If I got the car in my own name, my insurance with Aviva would have cost €1800 with my mother as a named driver. I know a few people who got insurance this way.

challengemaster

ciaradx wrote: »

I'm 18 and on a learner's permit and just got insurance for my car (1L Opel Corsa) for €660.
I got the car put in my mother's name instead of mine and then then got the insurance in her name with me as a named driver. She has a full licence and 6-7 years no claims bonus so that's why the cost came down. This is with Aviva by the way. If I got the car in my own name, my insurance with Aviva would have cost €1800 with my mother as a named driver. I know a few people who got insurance this way.

Better hope you're never in a crash so, otherwise it'll get very, very messy when they find out you're the main driver of the car. Made 10 times easier if she has her own car... All you really have is a slip of paper that'll get you past checkpoints/etc, you'll end up paying every last cent if you do happen to have an accident. Not advisable in any way tbh.

James2693

questionmark? wrote: »

OP i dont know your exact details but i just went onto Tesco.ie and entered the following details to see what quote they would give me

"We are pleased to present you with the following quote:

€1182.28

This quote is indicative only and based on several assumptions and the information you provided:
- You are 17 years old, with a Provisional Irish license
- Your car is a 2001 OPEL CORSA
- Your car is kept in Tipperary

If any of the above appears to be incorrect, you can go back and update this on the previous page.
This is not an offer of insurance.

Please now proceed to full quote where you will also be asked additional details such as:

- Recent driving and insurance history;
- Any claims history;
- Details of other Tesco Financial Products.
Cover can then be arranged online"


I'd say give it a try. Keep searching and armed with the online quotes ring up and see can a rival company do better. BTW 2875e is crazy!

that looks good. So tommorow I'm going to ring tesco and Britton:)

Thanks very much everyone btw for all for all your help and suggestions. It's greatly appreciated and means alot to me:)

James2693

Britton quoted me €4000.
tesco said you have to have 2 years no claims.

I'm going to an insurance broker now. They're my last hope.

sentient_6

James2693 wrote: »

Britton quoted me €4000.

:eek: was that through there online thing or by ringing them?!

James2693

sentient_6 wrote: »

:eek: was that through there online thing or by ringing them?!

Rang them up, online qoutes are a waste of time

sentient_6

Jasus i dunno so. Did they tell you what company that was going to be through? Both myself & my brother ended up with Asgard. Maybe ask them specifically to check a quote with that company?

James2693

sentient_6 wrote: »

Jasus i dunno so. Did they tell you what company that was going to be through? Both myself & my brother ended up with Asgard. Maybe ask them specifically to check a quote with that company?

Is Asgard an insurance company, just like Quinn? I can't find a number for them.

sentient_6

James2693 wrote: »

Is Asgard an insurance company, just like Quinn? I can't find a number for them.

Asgard are an english insurance company that only operate here through brokers. Pat Britton in Donegal being the broker in this case.

Btw Asgard's reputation is younger drivers and/or bigger/higher power cars. That 4000 quote can't be from them.

Just taking to my girlfriend there & there's a young lad working with her, 18 or 19, still on learner permit, got a quote for 1000 & something on a 1.3 turbo glanza through them.

dlambirl

As a lot of other people has said - do not use your mother as main driver if its YOUR car, as its illegal and get can very messy if you were unlucky enough to have to put in a claim in the future.

You can however put her down as a named driver and it should take the premium down.

James2693

sentient_6 wrote: »

Asgard are an english insurance company that only operate here through brokers. Pat Britton in Donegal being the broker in this case.

Btw Asgard's reputation is younger drivers and/or bigger/higher power cars. That 4000 quote can't be from them.

Just taking to my girlfriend there & there's a young lad working with her, 18 or 19, still on learner permit, got a quote for 1000 & something on a 1.3 turbo glanza through them.

I rang up this insurance company
http://www.brittoninsurance.com/
Is this the same one we are talking about?

sentient_6

James2693 wrote: »

I rang up this insurance company
http://www.brittoninsurance.com/
Is this the same one we are talking about?

That's the one. They're a broker though.

James2693

sentient_6 wrote: »

That's the one. They're a broker though.

hmm well mum rang them up and they said 4000:/

I just did and online quote and go this

Britton Insurance is pleased to offer a Premium of €4,137.77(Policy Excess: N/A).

I just cant understand why its so expensive you would swear I had a million convictions and 9 penalty points. Its only 973cc ffs

sentient_6

James2693 wrote: »

Britton Insurance is pleased to offer a Premium of €4,137.77(Policy Excess: N/A).

I just cant understand why its so expensive you would swear I had a million convictions and 9 penalty points. Its only 973cc ffs

That's mad. I dunno man. Another crowd is setanta, i've heard they might be good. Google setanta insurance & you'll find your nearest broker on there website. After i dunno. It'll either be quinn or wait another year or two!

ccyy123

Out of curiosity, how old is the corsa? When I was looking for insurance, the price seemed to go quite up a bit if your car is over 10 years. I didn't think that the age of the car would have that much effect, but insurance companies seem to try to hike up their premium every way possible.

James2693

The car is a 01.

Just went to a local insurance broker. They told me that quinns quote was about the best I would get.

I simply can't afford this and it's looking like I have no other option than to sell the car on.

It just sickens my ****ing hole when you see people getting quotes of just over a grand on a 1.3 glanza turbo, 18, learner permit and I'm getting quoted 4000 on a 987cc corsa, 17 with learner permit. Where is the justice here at all.

cloneslad

James2693 wrote: »

It just sickens my ****ing hole when you see people getting quotes of just over a grand on a 1.3 glanza turbo, 18, learner permit and I'm getting quoted 4000 on a 987cc corsa, 17 with learner permit. Where is the justice here at all.

They are probably talking through their a*ses??

Why not try get insured for a few months on your mums other car? It will save you money on tax and will still allow you to get some experience to help pass the test. You could keep your car for 5-6 months and when you pass your test check for another quote.

James2693

cloneslad wrote: »

They are probably talking through their a*ses??

Why not try get insured for a few months on your mums other car? It will save you money on tax and will still allow you to get some experience to help pass the test. You could keep your car for 5-6 months and when you pass your test check for another quote.

My mum is the regrstered owner of my brothers car.(peugeot 106, 1.1L) My Dad is the regrstered owner of the family car.(BMW 320d, 2L) so both of these are out if the question. The BMW for obvious reasons and the 106 is my brothers.

sentient_6

cloneslad wrote: »

They are probably talking through their a*ses??

They're not.

OP i rang britton there & made out that id another younger brother consisdering a car but we want to investigate insurance prices first & seeing as two of us have already got great quotes bla bla. Turns out the asgard insurance is for younger drivers but from 19 up. Sorry i didnt actually know this as my brother whose quote i mentioned earlier is 21. Your wan told me for people aged 17 & 18 they can only quote from axa & aviva & they would be very high. Which explains your situation. The guy in the glanza is 19 which explains how he got the asgard insurance. Should be noted he just bought a ridiculously powerfull evo & is getting stung for a extra 1600 apparently. There is some justice.

questionmark?

James2693 wrote: »

Britton quoted me €4000.
tesco said you have to have 2 years no claims.

I'm going to an insurance broker now. They're my last hope.

:eek: Jasus up are your sure you didnt say Bugati veryon??? 4000 i mean wtf?

Something else you might consider is Aviva have a driving school that if you pass they will give you a reduced premium not to sure of the age limit here though but worth looking into!

James2693

questionmark? wrote: »

:eek: Jasus up are your sure you didnt say Bugati veryon??? 4000 i mean wtf?

Something else you might consider is Aviva have a driving school that if you pass they will give you a reduced premium not to sure of the age limit here though but worth looking into!

To avail of this, the parent must already been insured with aviva. Thats no good to me because the whole family is with quinn. Thanks though for the suggestion. I appreciate it.

**Timbuk2**

James2693 wrote: »

To avail of this, the parent must already been insured with aviva. Thats no good to me because the whole family is with quinn. Thanks though for the suggestion. I appreciate it.

My mother moved her insurance to Aviva to avail of this deal. It really isn't a big deal to change insurer - she will get some of the money back that is left on her policy.

James2693

Rang up Quinn again this morning apparently the quote has now gone up to €4354 not €2875 anymore.

questionmark?

James2693 wrote: »

Rang up Quinn again this morning apparently the quote has now gone up to €4354 not €2875 anymore.

What reason did they give?

James2693

didn't really give one just said that that was the price now

deisedave

James2693 wrote: »

Rang up Quinn again this morning apparently the quote has now gone up to €4354 not €2875 anymore.

your original quote is valid for fourty days from day of quote, so your first quote should still be valid and they should have records of it on there system. So just tell them about that quote that might help.:cool::cool::cool::cool:

deisedave

But i could recomment waiting just a few years. I wanted a car when I was 17 and i finally got one when i was 20. With me on a learner permit as policy holder with also my girlfriend who i live with as a named driver, my years insurance is only 2000 so you could just wait for a while;););)

Tomebagel

http://www.aviva.ie/online/driving/driving-school/benefits/

400 euro,10 driving lessons and 6 months insurance,doesnt matter what age you are,what licence you have or ncb etc...

Just need the owner of the car u want to drive to be with aviva!

thesimpsons

if only 17 and on a learner permit whats the hurry to get own car. You can't drive on your own till you pass test anyway and your insurance would be invalid if anything did happen?