marzman Posted May 9, 2012 Share Posted May 9, 2012 Hi all, My mate at work is 28, but only passed his driving test 11 months ago. He's got a 1.6 litre 2005 Fiesta, and for his first year of insurance he paid £5000!! He had a bump last summer, so has no no-claims, and the cheapest insurance price we can find for him to renew is £2500 for this year. His job description is 'Account Manager', and he does approx 20k miles a year (12k business use). We've tried all the comparison sites, and we've set his voluntary excess to the maximum. Can anyone recommend any other tips on how to get his premium down?? Or any other insurers that specialise in new drivers? His renewal is due on the 13th May so we need to be quick!! Cheers. Quote Link to comment Share on other sites More sharing options...
Ekona Posted May 9, 2012 Share Posted May 9, 2012 Business use is what's raping his premium, and given he NCB status and that he's a new driver, I reckon £2500 is a pretty good price. Quote Link to comment Share on other sites More sharing options...
skyinsurance Posted May 9, 2012 Share Posted May 9, 2012 Insure the box product Quote Link to comment Share on other sites More sharing options...
Sarnie Posted May 9, 2012 Share Posted May 9, 2012 Add a female driver? How much is his car worth? If its not worth a lot, perhaps consider TPFT as a last resort? The drop in premium might be more than his car is worth therefore if he writes it off he could theoretically replace it with the premium he saved? Quote Link to comment Share on other sites More sharing options...
KC350Z Posted May 9, 2012 Share Posted May 9, 2012 my friend had the same with his buniness insurance and cheapest qoute he got was with esure but if you get someone over 40 on there to this will help get quote down Quote Link to comment Share on other sites More sharing options...
rabbitstew Posted May 9, 2012 Share Posted May 9, 2012 Add a female driver? How much is his car worth? If its not worth a lot, perhaps consider TPFT as a last resort? The drop in premium might be more than his car is worth therefore if he writes it off he could theoretically replace it with the premium he saved? And that will more than likely increase his premium rather than reduce it. Whenever ive checked TP or TPF&T compared to fully comp, then very often its actually more expensive. In all fairness on paper the lad appears to be a bad risk. He`s only been driving for 11 months and already had an accident. Business use would jack the premium up... nearly doubled it in my missus`s case. Only way to reduce it slightly would be to say he parks the car on the street, has no immobiliser fitted, and his elderly grand parents are named drivers. Quote Link to comment Share on other sites More sharing options...
leonk Posted May 9, 2012 Share Posted May 9, 2012 Tweak the job description to make him sound less of a sales rep and as above put his Mum/Aunt/Gran on it. Worked for my son's insurance. That's all I can think of. About the only positive to being an old g*t , cheaper insurance. We're even with Sheila's Wheels in the wife's name. Quote Link to comment Share on other sites More sharing options...
kbeast35 Posted May 10, 2012 Share Posted May 10, 2012 have to agree with the other replies here, try adding one of his parents as a named driver, saved me £120 this year and i've got 10 years on him! Quote Link to comment Share on other sites More sharing options...
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