Lol Drake wrote:They don't touch me for insurance 'cos I'm under 21.
I also have this annoyingness whereby I had insurance when I was provisional. So I have 3 years no claims and only got my licence last year. This makes it hard to get quotes and at the moment my current insurer says I only have 2 years no claims :-S
Ah yes! Young drivers are a popular drawer with the more disreputable high street insurers as a way of creaming in massive premiums if you know how to play the system. If they don't want you, chances are that's exactly the sort of company you ought to be with
On paper, drivers under 25 (& especially under 21) are any right minded insurance company's worst nightmare: part of it is due to a lack of experience, but a lot of it has to do with the simple fact young drivers will use their cars a helluva lot more than most: the more you use it, the greater the chance of a smash up - and the fact the other wally was to blame is no conpensation...
But now we see all these adverts saying that "Insure with us and young drivers can earn their own No Claims Discount even when they are not the main driver!"
Sounds ideal: mumsie & dadsie think...ooo, goody, we'll insure this car in our names with one of us as the main drivers even though it's our son/daughter (what is known in the trade as a "fronted policy") to make it cheaper and then he/she's earning their own No Claims Discount (aka NCD).
Read the small print suckers - the one that says that the NCD is NOT TRANSFERABLE to another company, unlike other bona fide No Claims Discounts as opposed to marketing gimmicks! And have a look at that Compulsory Excess they've just put on your policy....£500, and that banger you just got them is only worth £700!
And you can complain to the Financial Services Authority all you like when you realise you've been had if you try to transfer to a company offering a far better deal for your money.
Oh, & if your offspring should prang the car, & you tell us there is more than one car in the household, don't be too surprised if the Claims Department suddenly get all high and mighty, "by gad, this is a fronted policy", and the amount of money you THOUGHT you were going to get on your claim gets clawed back because you broke the rules.
Golden rule of car insurance...in fact the golden rule of ALL insurance: beware of the ones that spend a fortune on advertising on TV. Especially the "we make it all so EASY AND CHEAP" merchants. The more CHEESE, the more SLEEZE, and I've lost count the number of irate people I deal with on a day to day basis that found the policies they had were rubbish.
And it's all very well people going on about complaining to the Financial Ombudsman, that all takes lots of time to go though, by which time they've found another 2000 suckers to replace you & more than cover the cost of any fine they get hit with (if the Ombudsman rules in your favour, that is...) with plenty left to line the directors already bulging wallets.
My advice? Only ever ask the Mutuals for insurance. They have the most to lose if they fall out with you, as virtually all their trade is through personal recommendation rather than from folk seeing them advertise.