Safe Speed Forums

link


£60 work at £10/hr = £600 + fine £260 + £60 costs & £15= £935=3 months insurance.... but he missed may till nov.... £295*7=£2065

_________________
Speed limit sign radio interview. TV Snap Unhappy
“It has never been the rule in this country – I hope it never will be - that suspected criminal offences must automatically be the subject of prosecution” He added that there should be a prosecution: “wherever it appears that the offence or the circumstances of its commission is or are of such a character that a prosecution in respect thereof is required in the public interest”
This approach has been endorsed by Attorney General ever since 1951. CPS Code

I'm not surprised he didn't pay at those prices. Is that the norm expected for younger people to pay out on insurance? If it is I'd suspect there are allot more like him out there.

_________________
Useless laws weaken necessary laws.

Well it depends on the type of car the younger person chooses to drive doesn't it? At 19 my son was paying £1300 on a Punto, at 20 he now pays £900 on a Citroen C1.
Young people need to be more realistic about their car choices when their premiums are so high - if they can't afford the premiums get a lower group of car! Of course, this isn't the way our 'I want it now and its unfair or I'm being penalised if I can't have it' society works

_________________
Political Correctness is a doctrine, fostered by a delusional, illogical, liberal minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

It doesn’t say what kind of car he was driving in the article so I can’t comment. I would say though that when I was old enough to buy a car the premiums didn’t seem to be at such an extreme. The only thing stopping you from buying a decent car was not so much insurance but the year, make and model. Car insurance was quite a bit dearer for the younger people, but IMO not by today’s comparisons. I ‘m of the opinion that younger people nowadays are being exploited by insurance companies.

_________________
Useless laws weaken necessary laws.

Well safe and sensible young people are being made to pay higher premiums because of the actions of their less safe peers I suppose.
The insurance company my dad used to work for had a young drivers' 'benefit of the doubt' (for want of a better expression) policy whereby a new driver was given some NCB from the. I have no idea what happened if they had an 'at fault' crash though...

_________________
Political Correctness is a doctrine, fostered by a delusional, illogical, liberal minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

Premiums for 20 year old on a 1998 corsa. 1 year licence, no NCB.
Cheapest £850.00
Expensive £2025

Reason for 20 year old /
Couldn't plough through insurers to find one who would insure under 20's.
After the fourth quote being declined for age I went for 19, same. At 20 found one through multi-quote company.

Just think of all the lovely big premiums the insurers will lose if the "put up the driving age to 18" goes ahead. Well, they will have to charge less, won't they, as it will be so much less risky.

_________________
Malcolm W.
The views expressed in this post are personal opinions and do not represent the views of Safespeed.

I don't think they are, I think they pose an extremely high risk for insurance companies. I used to know two lads aged 17 and 18 who have wrote off 4 cars between them within a year of passing their tests and damaged 3 cars belonging to 3rd parties. I wonder how many "safe" youngsters they get to recover that kind of loss.

_________________
In a former life I was Capri2.8

Well my 21 yar old daughter has been driving for 3 years (the past 2 in her own car) accident free. My 19 year old has been riding a scooter since she was 16 doing about 5000 miles a year, also without incident.

Lets just assume all teenagers are hooligans shall we.

Both my wife and I have been hit by other drivers. These were not teenagers but middle aged woman ran into the back of me and my wife was hit by a doddery old woman. Both considered safer drivers by the insurance profession.

_________________
Speed camera policy Kills

Good luck to them, it encouraging to know there are safe and competent youngster, I'm sure you have been a good influence on their attitude to driving/riding. But sadly insurance companies can't make a personal judgement on teenagers, they have to take an average risk. The 2 lads who I know will have bumped up the cost for your 2 girls, because I would estimate they have cost the insurance companies over £30,000. I wouldn't have thought the premiums from your two girls come remotely close to that, espcially given that only a propotion(and it can be quite small) goes to the underwriters to cover the risk, the rest of it being for administering the policy.

_________________
In a former life I was Capri2.8

Well, how is an insurance company supposed to know which teenagers are safe and competent and which aren't when they initially have nothing at all (except the word of a loving parent) to go on?
The have to assume that they are all high risk until their driving record demonstrates otherwise. Its a shame but thats the way it is.

_________________
Political Correctness is a doctrine, fostered by a delusional, illogical, liberal minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.

£2,443 at 21 would probably be a sporty hatchback, or an Impreza, Supra etc.



Although get caught once (quite likely these days) and you get six points minimum, and the insurance then on will be much higher, and for a very basic car, get caught again, or other points and you get a ban, like had had.

Yes, people will then drive uninsured but they would do that whatever the level of the fine. A higher fine would mean they are even less likely to buy insurance the next time.

Yes. Unless he couldn't be bothered to search around.

My cousin-in-law (19 or 20) got quoted £8000 (yes, eight thousand) for a transit connect from fords own insurance. no particular reason other than comedy value I think.

The other thing, it's all well and good to say he should have been given a fine that made dodging insurace not cost effective, say £4000, but it depends on his circumstance- such a fine, in conjunction with no licence, may have made him decide it wasn't worth being employed, then he'd be a drain on the system and paying the fine off at £1.22/week or suchlike. Another form of punishment could be a more sensible answer.

_________________
Fear is a weapon of mass distraction

Difficult. Admittedly I fund our 3 young drivers and 4 if I count in Wayne (fostered boy with "challenge" who pays his way and I help him out. I cannot abandon him. I worked to get him straightened out and with a future after all.


All of them .. including Wayne who has history of TWOC from early teens before being fostered to us. .. are all IAM members now.

Their decisions. Maybe we influenced

Our own eldest.. his premiums are reducing as he builds up his safety record.

Twins have 18 months behind them and still in probation.. so they .. like Wayne .. still high.

But.. with Wayne's unfortunate past.. and convictions he has to declare for TWOC.. still... even though he was 12 for the first one and 14 when banged up for it.. released to our care aged almost 16 years and we had some fun and games with him - his premiums do make the eyes water. He pays what he can afford and I top up the rest. He is a trainee plumber. He does drive his boss's vans. But he can hardly use this for wooing his sweetheart He is older now.. wiser.. and shows maturity and responsibilty. If he did not show this.. I would not be supporting him still. He deserves and as far as I am concerned .. earned our help.


But insurers cannot know Wayne is now a tame and calm young man unless he provides proof of an accident and point free history .. any more than my own marital fruits can prove this without clocking up similar impeccable driving records. I have stressed to all of them the importance of COAST and safety led motoring to help them stay legal and accident free to their own best capabilities. I cannot do more than this. I have to let them live their own lives after all.


But.. if they have taken the trouble to learn that bit more.. then I think insurers should sit up and allow no claims discounts at post 25 year levels at the very least. It would be a decent carrot to try to motivate kids to learn that bit more and take more pride in a safety led skill after all.

_________________
If you want to get to heaven - you have to raise a little hell!

Smilies are contagious
They are just like the flu
We use our smilies on YOU today
Now Good Causes are smiling too!

KEEP SMILING
It makes folk wonder just what you REALLY got up to last night!

Smily to penny.. penny to pound
safespeed prospers-smiles all round! !
But the real message? SMILE.. GO ON ! DO IT! and the world will smile with you!
Enjoy life! You only have the one bite at it.

I think it's unfair (but at the same time can understand why) the premiums young drivers pay - and it's not always fast cars.

My first car, when I was 17 - was a 1.4litre polo - nothing special. the BEST quote I got was £2,500, the worst was more than the value of the car twice over! (£8,500!) I ended up doing mum as main driver for 3 full years, after 3 years it eventually dropped below £1,000.

---

As far as them not recouping things - I've now paid out over £6,000 in insurance in just 5 years of driving - i've not crashed or made any claims - all profit for them.

It's really really shitty that they tarnish us all with the same brush and I think it's shocking it's just accepted as the only way of doing things - they SHOULD be a better way which doesn't penalise safe drivers unfairly.

In my early driving days you would only insure 3rd party fire and theft.
Your first car would be 15 years old. worth the equivilent of £200.
the insurance tft woud be half the fully comp price.

I did a quick check on a fictional 20 year old parking on street in a 17 year old pug 205 1.4

1364 fully comp
1135 third party fire and theft
1130 third party only

of course they would probobly stuff you with £500 excess and put your insurance up 20% if you made a claim.

_________________
Speed limit sign radio interview. TV Snap Unhappy
“It has never been the rule in this country – I hope it never will be - that suspected criminal offences must automatically be the subject of prosecution” He added that there should be a prosecution: “wherever it appears that the offence or the circumstances of its commission is or are of such a character that a prosecution in respect thereof is required in the public interest”
This approach has been endorsed by Attorney General ever since 1951. CPS Code

If there's a £500 excess there would be no point in insuring fully comp as any repair to the car that was worth claiming for would result in it being written off anyway.

_________________
"Show me someone who says that they have never exceeded a speed limit, and I'll show you a liar, or a menace." (Austin Williams - Director, Transport Research Group)

Any views expressed in this post are personal opinions and may not represent the views of Safe Speed

My voluntary excess is £1000 - so confident I am that I won't make a claim I was prepared to do that to bring the cost down by £300 over the normal £250 voluntary excess.

It's not all profit for the underwriters who actually carry the risk though. A breakdown of my policy shows that only 1/3rd of the premium actually goes to cover the risk.

_________________
In a former life I was Capri2.8

I'm 34 and have just bought a Jag XJ6 TDVi

the best I could get was £750 fully comp but the median was about £1500!!!!!