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Car insurance for young male drivers in the UK

By Edited Jun 8, 2015 1 7

Cheapest car insurance for young drivers

My eldest son’s dream had always been to learn to drive when he was 17. He started having driving lessons in June last year and passed both his theory and practical tests with flying colours by the end of October.

When we bought L-plates from a local hardware store, we discovered an advert for Provisional Marmalade, car insurance that can be purchased monthly for learner drivers. The great advantage of this provisional insurance was that my son was comprehensively insured to drive a car without affecting the car owner’s no claims discount in the event of an accident. As long as the person taking him out on the road was over 25 and had held a driving license for 3 years, he could choose to drive with anyone. In addition to weekly formal driving lessons, he was able to practice on a daily basis which accelerated his learning curve quite considerably.

That was the easy part. Finding new driver car insurance that wasn’t going to bankrupt me was the hardest part.

I have always had full no claims discount on my car insurance and although I realised it was going to be expensive adding my son to my insurance, I certainly wasn’t expecting the quote I was given. It was going to cost £5,000 per year to add my son to my insurance. I was determined to find something more reasonable and after a thorough internet search and a few more ridiculous quotes, I discovered two options.

One option was to apply for new driver insurance with Intelligent Marmalade and use the discount offered for every month we had held the Provisional Marmalade insurance. The other option was to apply for insurance with the co-operative.

The reason I decided to choose between these two companies was because of the Smart box system they use. It is quite possible that other insurance companies have now begun to use this system too. The aim of the Smart box is to encourage young drivers to drive carefully by monitoring how they drive. Premiums can either be increased, decreased or stay the same every 90 days depending on how responsible the young driver is on the road.

The quote I received from the co-operative was just over £900 and was the most competitive. Insuring with the co-operative has the added advantage of allowing the young driver to start accumulating no claims discounts in their own right. Factors helping to reduce the premium were predicted annual mileage, only driving between the hours of 8am and 6pm and whether or not the young driver regularly took passengers onboard. The insurance allows for one named driver to be included on the insurance which is very helpful.

Fitting of the Smart box is very straight forward and is done at the driver’s home address. It is fitted underneath the dashboard and monitors things like speed, cornering, braking and the route a driver takes. The driver is given feedback via the internet on a daily basis.

My son has found the Smart box very helpful and was recently informed by the insurance company that if he continues driving responsibly, his insurance premium will be reduced at the ninety day review.

The cost of insurance for young drivers is exorbitant until the magic age of 25 so any available reductions in insurance premiums are worth discovering and any system that has the potential of keeping young drivers safe on the roads is worth considering.

Safe Driving

(82093)
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Comments

Jan 31, 2012 2:21am
eileen
This sounds like a good idea,does this keep a record of speeding and where they go . If so they will know what they are doing wrong and so will the parents. And probably where they have been too.
Jan 31, 2012 4:21am
freespirit_2
I think it is a very good idea and hope it will help my son think about how he is driving and therefore keep him safe on the road.
The Smart box 'dashboard' can be accessed online and gives feedback on a daily basis. It comments on speed, acceleration/braking, cornering and whether or not the driver is on the road at dangerous times(i.e.late at night or early in the morning.)
If the car is stolen, the smartbox is used as a tracking device and it can measure and report on mileage but the dashboard doesn't record the driver's journey and display it online.
In the event of an accident, the Smart box will provide information about speed at the time and can be used to verify the location and time of the accident.
Jan 31, 2012 4:53am
Diana
I've just read your article, it's interesting to be aware of these facts because I'm getting my driver liscense as well. And I already knew that the car insurence for the younger ones are more expensive. The thing is that I'm from Spain would you think that we could use the same system here?
Jan 31, 2012 5:14am
freespirit_2
I haven't researched insurance for drivers in Spain but it would be a good idea if you checked online to see what is available. If I come across anything, I will let you know. Good luck with your test if you haven't done it yet.
Jan 31, 2012 11:02am
Diana
Thanks! I have passed the theory part and now I'm taking the driving lessons, which are going Ok for now, but I have to be confident when I'm going for the exam!
Jan 31, 2012 2:24pm
Case1worker
What a brilliant idea. Luckily my eldest were girls and their premiums were affordable- this would be of use when my son is of driving age. Also it might help to keep some of the young male drivers who drive a bit mad, on the straight and narrow
Jan 31, 2012 2:35pm
freespirit_2
I agree. I have another son who will definitely benefit from it when he reaches driving age!
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