insuring son (new driver) to drive my car

JGG | 09:43 Thu 26th Mar 2009 | Personal Finance

2 Answers

What is the most cost effective way to insure my newly qualified son to drive my car. My current premium is �500 pa, with him added I am being quoted �2450 ! This is crazy ! Any advice would be appreciated

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kujawski

get him a ford fiesta 1.1, then get him to get a part time job, and pay for the insurance himself,

if hes 17 ish, itll be about 80 per month third party fire and theft, then after a few years he should be ok.

Whoever

The most sensible thing to do is to get your son to go through the Pass Plus tuition. It's a scheme which aims at giving newly qualified drivers additional driving tuition such as motorway driving, driving at night. There's no further exam to take but once you have completed it and have a certificate many of the recognised insurance companies - who HATE young inexperienced drivers - will take this into account and reduce the premium.
If you Google "Pass Plus" (think it's called that) you will get more information and probably be able to find a driving school or instructor locally who will put him through the training.

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