I want this as my first car

Parisien

Parisien

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Result..!!..almost Adam..?!....I take it you've tried ALL other options listed below...........and I mean....ALL....looked on moneysavingexpert.com......about how to reduce your premium.........please tell me you've spent a FULL day doing so......please....:)


http://www.confused.com/

http://www.comparethemarket.com/car-insurance/

http://www.gocompare.com/car-insurance/

http://www.quotezone.co.uk/




And then used this comapny to claim a cashback reward.....................please...please.......:)

http://www.quidco.com/




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GransportFan1

GransportFan1

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17,857
i did it through the Co-op because it is the cheapest, it was 5K a year on my dads insurance when i tried it with confused and go compare, Co-op is the way forward. Just got to wait till the prices fall a little and get the funds together and i will be on the road, cant wait.
 
Parisien

Parisien

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34,927
GransportFan1 said:
i did it through the Co-op because it is the cheapest, it was 5K a year on my dads insurance when i tried it with confused and go compare, Co-op is the way forward. Just got to wait till the prices fall a little and get the funds together and i will be on the road, cant wait.
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And all the others Adam....just to be certain.........................sounds like a hugh difference......5K versus 1k.....???!!!


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GransportFan1

GransportFan1

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no it is a genuine quote, fully comp on my dads insurance, i know a few people who have used the Co-Op car insurance scheme.
 
GransportFan1

GransportFan1

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17,857
Parisien said:
So.....to drive your dads car only?...or....do explain...


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right the policy works like this, my dad buys the car, he insures it throgh the Co Op, i am added as a named driver on his policy, fully comp and only a 1000 pound a year, everyone's a winner.
 
Andyk

Andyk

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61,370
Now your talking Adam...Make sure you have some plastic covers in the boot..Wouldn't want to spoi the rear seats with stains.l
 
Parisien

Parisien

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34,927
GransportFan1 said:
right the policy works like this, my dad buys the car, he insures it throgh the Co Op, i am added as a named driver on his policy, fully comp and only a 1000 pound a year, everyone's a winner.
Click to expand...

So its in his name, hes the owner/keeper......2nd car with c-op......your a legit named driver..........sounds good....:)

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Andyk

Andyk

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61,370
Frank its like swapping punches with you at the top at the moment....Right time to bath the kids...see you all later..
 
M

MAF260

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7,662
GransportFan1 said:
yep, did a quote through the co-op on my dads policty, came to 1053 pound, well happy :D:D:D:D:dance4:
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My advice on this is to be extremely careful with how you get yourself insured. The true value of insurance cover is not the price quoted at the time of taking out a policy, but when a claim takes place. Young drivers are 10 times more likely to have an accident than experienced drivers, so it should be even more important to you. Read these following links and a post written by somebody who works in motor insurance from another forum I belong to before thinking about trying to bend the rules:

http://www.finance-1.co.uk/named-driver.html

http://news.bbc.co.uk/1/hi/programmes/working_lunch/7282236.stm


Posted: Tue Jul 20, 2010 11:04 pm I come across situations all too often when dealing with claims where an insurer is gifted a get out of jail card due to issues of non-disclosure by their policyholder and thought I would start this thread by way of information to make people realise how you can really get shafted when you most need your cover.

An insurance policy is a "contract of utmost good faith" between you and your insurer. Meaning that in order to provide you with a quote which fits with your "risk profile" an insurer considers all manner of information when compiling a quotation. They rely on the accuracy of the information you provide them with.

This can be your driving record, age, type of vehicle, previous claims history, occupation, driving convictions, location, annual mileage, vehicle modifications to name a few.

If you mislead your insurer or withhold information or facts you are aware of at the time of giving the information, then you are potentially setting yourself up for a fall, most likely at the time when you most need the insurance cover to be effective, i.e. after an accident.

If you smack into a third party and it is your fault, your insurers will generally have an obligation to deal with the third party claim as their duty as Road Traffic Act insurer. But once they have settled the third party claim, they will look at coming after you for the outlay they have incurred. Insurers can sometimes seek a declaration from a court excusing them of dealing with a claim in the event the breach of policy conditions is so significant.

I can give you an example here.

I have a claim at the moment where I am representing a young girl who was a rear seat passenger in a car, driven by a young lad in his teens. The car was insured in his mother's name and registered to her. The old case of putting the car in the name of a parent to get cheaper cover.

An accident happened where it appears this vehicle was involved in racing another car and there was a collision with another car, where sadly the innocent driver of the other car lost his life.

Vehicles were impounded by the police. My client had to be cut from the wreckage and sustained some nasty physical and psychological injuries.

Due to the vehicles being impounded by the police, when the insurers got round to inspecting the cars involved, they observed the car my client was travelling in had been stripped out a bit, rear seatbelts removed, interior trim removed and some other mods. It was a wannbe racer.

This immediately made the insurers suspicious as this car was registered and insured by a woman in her 40's with her son as a named driver. Suspecting as much, the insurer made further enquiries which revealed what they suspected, i.e. the kid driving the car was using it every day as his own rather than being an “occasional named driverâ€.

The upshot of this is that the insurer has now obtained a court order allowing them to deal with the claims of third parties, but they will then seek reimbursement from the policyholder (the mother) for what they outlay.

When you consider another driver was killed and numerous individuals were injured as well as 3 written off vehicles, the sum of money involved is going to be immense and the mother who clearly just wanted to help her son get cheaper car insurance now faces the possibility that an insurer may take her to court for well over £100K and they stand a chance of losing their home etc. You have to think long and hard about messing with an insurer when it comes to giving them correct information.

So, the moral of this story is be straight with them. Don't not declare that aftermarket back box or that you have dropped the car only 30mm. Sometimes these mods make little difference in premiums, but could cost you a kings ransom if you have a claim.
 
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