Car insurance options for a young driver.....?

billy few mates

Hope this is the right forum, if not please move it to the correct one.
My son is 17 with a learners permit and just starting out driving. My car is rather expensive and it would cost me a fortune to get him insured on it and I don't want to do anything that would jeopardise my NCB etc.
If I were to buy another cheap runabout car, would I be able to insure that in my name for third party fire and theft and then put him down as a named driver on that one (not my normal car) so that he could drive it (with me beside him) to gain some experience without it costing me a fortune....?

If so, will I be able to use my NCB when I'm insuring the second car....?


Anyone else got any suggestions or advice on how to do this without breaking the bank...?

Toots

Moved to Learning to Drive. Mods, sorry if this is the wrong place for it.

ADIDriving

The more correct way to do it is to insure him on his own in the second car. It will be expensive to start. But he will build his own NCB (hopefully). Getting lessons usually reduces the cost and is obviously safer. Get loads of quotes, one will stand out as being cheaper.

billy few mates

I can't even get one quote when I try to do it that way ADIDriving....

I've lost count of the number of online applications I've filled in, with a random car of approximately the value I have in mind, only to get to the end and discover that they won't even quote me......:(

challengemaster

billy few mates wrote: »

If so, will I be able to use my NCB when I'm insuring the second car....?

No, you won't. Your NCB is only valid for one insurance policy unless you swap to an insurer that will mirror the NCB (very, very rare in ROI)

Also, doing what you're suggesting is insurance fraud, as the main policy holder needs to be the main driver of the vehicle.


edit: Try filling out Quinn-directs online quote with the car as a Ford Fiesta 1.25L or Fiat Punto 1.2, car value ~1000 and TPFT policy. You should get a quote

desdman

I've lost count of the number of online applications I've filled in, with a random car of approximately the value I have in mind, only to get to the end and discover that they won't even quote me......:([/QUOTE]

Don't bother with the online quotes,they intend to give extortionate rates.If you actually ring up the insurance company itself you would save a couple of hundred euro.

ADIDriving

It is time to spend an hour in the company of a phone book and ring around.

john kinsella

Hi OP,

Are you a named driver on your wife or partners car??

If you are you can take out another policy in your name using your named driving experience. So say you have been a named driver for 5 years with no claims, this will transfer over to a full NCB if you were to take out another policy. So you would then have two NCBs.
I bet a load of people are going to come on a dispute the above but i can assure you it is fact! Hope that helps

billy few mates

Thanks all, I tried again on Quinn.ie and it too took me all the way through the process before telling me that it was unable to offer me a quote....:mad:

I called them up today and looked for a quote for a basic fiesta worth €1000 and was quoted €4180....:eek:

I also enquired about the suggestion John Kinsella made and was told that it couldn't be done. Basically you can only ever have one NCD, the NCD you build up as a named driver becomes null and void once you have a NCD of your own on another vehicle.

Back to the drawing board.....:(

john kinsella

i just went to insure.ie and put in the details of you having 6 years NAMED DRIVING on your spouces car and insuring you in your 40's? and a 17 year old with no driving experience and got them for

Quotation 1 (Third Party, Fire And Theft) View €2,373.85-€2,373.85€256.37 Quotation 2 (Third Party, Fire And Theft) View €3,733.30-€3,733.30€403.19
Quotation 1 (Comprehensive) View €2,811.86-€2,811.86€303.68 Quotation 2 (Comprehensive) View €4,658.24-€4,658.24€503.09

billy few mates

But I've just been told that I can't use my 'Named Driver Experience or NCD' AND my own NCD at the same time to ensure two different cars....


As an aside, I just called my own insurance company to see how much it would be to get him driving and I got the following quotes (based on a 1.0L VW Polo worth €1000....

(a) His own policy, TPFT-€5500
(b) A policy in my name with him as a named driver (me with no NCD)-€5500 :eek:
(c)to add him as a named driver on my existing car and policy -€950 until the end of the year....

I think I'll have to go with option (c) until he can get some experience and pass his test, he'll also be builiding up some named driver experience towards his own NCD.....

I can't justify spending €4000-€5500 for a years insurance on a car worth €1000, if it was approx €2500 I'd probably (although somewhat reluctantly) go for it.....

challengemaster

Named driver experience is really worth nothing in terms of No claims....

john kinsella

Phone a broker mate. That is nonsence that you cant use yoru NCB and your named driving experience. A family member of mine did it about two months ago.
Dont go to Insurers directly. Insure.ie in Sandyford is where the person i konw did it.

witchgirl26

Your best bet is to ring a few different ones. I had awful trouble getting quotes last year when I was switching insurer (didn't like mine). I'm in my early 20's, female & with 2 years NCB in my own name on my own car......ringing round was my only way of getting a quote. Also try putting yourself down as a named driver on the son's car as this can reduce the insurance down a bit for him but agree that while it may cost a bit now, it really is worth him having the insurance in his own name. My friend has been a named driver for 4 years (2 learner, 2 full) and when she was looking for insurance quotes by herself they weren't much different to mine because of the NCB difference for named & main.

Faith+1

billy few mates wrote: »

I called them up today and looked for a quote for a basic fiesta worth €1000 and was quoted €4180....:eek:

So they think you'll total the car 4 times over?

rachos89

Hi OP, not sure if you're still looking for a good quote but I found Tesco to be the best, and from asking around they seem to be reasonable enough for young drivers! I'm female and 21 but I have no previous driving experience, my car is in my own name and is worth about €1200 and I got the comprehensive insurance for €1164 from Tesco instead of about €1700 from Aviva, so there's a big difference! Quinn wouldn't quote me either, neither would Nononsense.ie, I found sites like Bestquote.ie and pibasure.ie to be quite good but decided to try Tesco on a whim and I'm glad I did They give 3 different types of comprehensive too: Tesco Value, Standard, and Finest, with different benefits attached to each and a range of prices (for me, from €900 odd to about €1300, so I went for the standard, bang in the middle and with plenty to cover me!) HTH!

Tesco car insurance? Do they cover anything?

robbie_998

bluewolf wrote: »

Tesco car insurance? Do they cover anything?

maybe if only your shopping gets nicked from the car


but keep the receipt !

but43r

Faith+1 wrote: »

So they think you'll total the car 4 times over?

No! They think that he is very likely to cause an accident and damage someone else's property.

rachos89

It's as good as any other insurance company as far as I'm concerned, it's underwritten by the RSA Group I'm looking at the policy summary that came with the letter saying I'm insured until my cert arrives, and it covers the following (I got the Standard version of the Comprehensive insurance, which has an excess of €300) :

- Liability to third parties and legal costs. Damage to 3rd party property is covered up to €30K

- Loss or damage by fire or theft, or attempted theft. Fire Brigade charges of up to €1000 are covered

- Loss or damage to glass in my car, although a €30 excess applies if my windscreen is replaced.

- Accidental damage, and I pay the first €300 of any claim for such loss or damage.

In addition, I get:

- Driver injury cover of €15K
- Medical expenses for anyone in my car injured in an accident of up to €250
- A courtesy car for 7 days while mine is repaired
- A brand new car provided my car is less than a year old (it's not) and is written off under a valid claim

So it's fairly good in my opinion, gives me everything I need and is still affordable!!

HTH!:D

STREETS AHEAD

Hi OP,

Firstly how far on is your son in regards to learning to drive... Has he taking any formal lessons from a Qualified Instructor/School in the past?

If he has, I know some schools offer a certificate on completion of the 10/12 lessons. This certificate can then be used to gain a discounted quote on his "OWN" FIRST Year Car Insurance policy with certain insurance companies. If he has done any of these lessons it may be worthwhile contacting his instructor/school to see if they apply this system.

The company that insures my school is based in Dublin and I have been using this system with them for the past few years and have found that they are very competitive when insuring beginner/learner drivers once they have completed a course of lessons. If you want you can PM me and i'll pass you on some contact details.

Also on a side note, probably very obvious but just in case:
I'd encourage anyone to negotiate a better deal with an insurance company and not just to accept their first offer!!

Happy Insurance Hunting