Insurance coverage for recently licenced young drivers

[EatSuru]

Can anybody recommend insurance firms that provide reasonable rates for newly licenced young drivers?

[bvlenci]

Begin with a pricing comparison website, Admiral.

I discovered that Compare the Market offered a more cost-effective option compared to directly approaching insurance providers.

[SkippyTom]

Best of luck, slim. The total cost for my two-year insurance on the c180 with confused was around £1456.

Attempt to include them into an existing policy, since this often results in a more advantageous cost-effectiveness.

[AMG33D]

I found this to be very effective:

https://www.moneysavingexpert.com/car-insurance-compareplus/

[EatSuru]

Thank you. We purchased a Fiat 500e and first insured it in my name at a favourable price. Subsequently, I included her as a designated driver with a temporary permit, which was a sensible decision. Today, I updated her status to a designated driver with a full licence, which remains a good choice. Over time, I anticipate that she will use it more often than I would. Therefore, I am proactively preparing for the future by obtaining a separate coverage for her. Currently, I am operating the vehicle and am currently seated within it. The air conditioning is on when the vehicle is being charged at a station.

[EatSuru]

Although I personally don't use comparison services, it is really a wise suggestion to consider using them, especially considering the potential fluctuations in insurance rates that young drivers are likely to encounter. Thank you

[EatSuru]

Initially, I attempted to use their services, but promptly received a message instructing me to contact them, maybe due to the fact that the vehicle is already insured via their company. I appreciate your guidance on Compare the Market as well.

[CodeCrusader]

Currently, most insurance companies are charging a higher premium for electric cars (EVs) or hybrid vehicles.
Inquiring about suggestions for a certain insurance provider:
It is important to keep in mind that insurance companies want to diversify their risk. Therefore, the insurer that offers affordable rates to one individual may not necessarily provide the same affordability to another individual. When an insurance company provides competitive pricing for a certain age group, postcode, or automobile, they quickly get overwhelmed with demand and subsequently raise premiums in that segment.
It is important to note that in today's computerised era, claims expenses and insurance rates may be quickly adjusted and reevaluated. For a period of time, many individuals believed that insuring older automobiles was less expensive. Subsequently, the personal injury claims alerted the insurance providers, prompting a swift escalation in prices.
The aforementioned information may not be very useful, but it does explain why some individuals seem to get more favourable terms from certain insurance providers.

It is advisable to get insurance estimates around 21 days before to changing your insurance policy. Prioritise contacting your existing insurers first - Given the escalating expenses associated with acquiring new clients, there is a possibility of favourable outcomes if you provide the insurance with potential business opportunities. Next, attempt all of the online comparison platforms.

[Paulinelinker]

The eldest son has a Citroen C1, which is the most affordable option and also qualifies for free road tax. My wife and I are both listed as drivers on his coverage. He acquired a 10-month No Claims Discount (NCD) with Collingwood Learners, which was extended to a one-year NCD when we terminated the policy. I have comprehensive insurance coverage with Hastings, without the use of a telematics device, for a cost of £973.

[EatSuru]

Wow, that's rather reasonable.

[Paulinelinker]

We had the same belief

[Rashman4u]

Recently, my employer added his son to his car insurance policy with Admiral, even though he doesn't typically insure his vehicles with them. This happened the day after his son passed his driving test. The car in question is a 4-year-old C1.
The cost is £1400 without the use of a telematics device (Admiral does not provide telematics devices).

I have been a loyal customer of Admiral for some years now. They have always offered fair rates for both of my daughters when they obtained their driver's licences, and I make sure to properly compare their rates every year.

Incidentally, my employer is now in the market for a new car and is considering a 2019 C300d estate.

He is unwilling to drive his GT3 on a daily basis.

[keithmerc220]

Marmalade is another worth considering. My niece had a positive experience with their coverage a year or two ago.

[Motoman]

The price of £1400 for a C1 is rather high and may be considered expensive. I have a lot to anticipate, but as he just had his 15th birthday on Tuesday, I won't concern myself with it at the moment. I considered the price of £140 for my 3.0L Capri when I was 18 to be exorbitant! (However, that occurred in 1985 and I believe it was just TPFT!)

[TDudette]

If my memory serves me well, the yearly insurance premium for my Mk VII Jaguar when I was 18 exceeded the amount I paid for the vehicle. Considering the impact of inflation since 1964, I believe that the currently discussed figures, which may sound alarmingly high, are not as severe as they may initially appear.