About this group
We think the high cost of car insurance for young drivers is totally unfair, and we want to do something about it.
So far the insurance industry has only come up with solutions to this problem which take the freedom and enjoyment out of driving. Saying young drivers can only have cheap insurance if they don't give lifts to friends, don't drive at night, or have a "black box" fitted to track their driving isn't good enough. Insisting on these restrictions is like punishing young drivers before they've done anything wrong on the road.
We know from our own family and friends that the vast majority of young drivers are not boy racers, but are in fact safe and responsible. And it's for these young drivers that we've created this group. We've come up with a solution that will create cheaper car insurance for young drivers, without any punishing restrictions (you can read the detail about how this works in the FAQs section).
We said that if 100 people joined the group, we would start negotiations with insurance companies to make this solution a reality - and that's exactly what we've done. So please join the group to find out more about the offer that's available.
Finally, the bigger the group gets, the stronger its negotiating position becomes, and the better the offers we'll be able to negotiate on your behalf - so, why not share this group with your friends who are also good drivers?
Top questions answered by us
How exactly does your young drivers insurance solution work?
Step 1 is for you to set a higher Voluntary Excess when you are searching for Young Drivers Insurance - that should enable you to get cheaper car insurance quotes, as higher excesses usually reduce the cost of insurance. Step 2 is to insure the excess (up to £2000) with a specialist insurance company at low cost, so that you don't find yourself facing a big bill if you do have an accident. We've negotiated a special offer for members to be able to do this. (If you're not sure what an excess is, you can read more about it below)
And that's it - no curfews or other restrictions on your driving, no black insurance box constantly tracking your movements - just cheaper insurance. We think this approach could save young drivers hundreds of pounds.
Which Young Drivers Insurance companies will let me increase my voluntary excess?
When we last checked, all of the following companies let you set a higher voluntary excess:
- Admiral Car Insurance for Young Drivers
- Diamond Car Insurance
- Elephant.co.uk Car Insurance
- Bell Motor Insurance
- Endsleigh Car Insurance (popular for graduate and student drivers)
- Co-op Young Drivers Insurance
In addition, car insurance price comparison websites such as Confused and Moneysupermarket also enable you to increase the voluntary excess on quotes from multiple providers.
Why is it cheaper to insure the excess separately?
There are two reasons why excess protection insurance is cheaper than having the same amount covered by your main insurer. Firstly, excess protection insurance only pays out when a claim is approved by your main insurer, and is for more than the total excess on your main policy. Secondly, companies which offer excess protection insurance typically have very low costs (since they rely on the main insurer to assess the claim), which means that they can offer much lower prices to their customers.
What does "excess" mean on insurance?
When you make an insurance claim, insurance companies usually insist that you cover part of the costs yourself. This amount is known by the insurance industry as the "excess", and it features in most insurance policies.
To bring this to life, let's say the excess on your car insurance is £250. If you go into the back of the car in front, cause £1500 worth of damage, and claim on your insurance, you'll pay the first £250, with the insurance company paying the remaining £1250.
Sometimes it's possible to vary the excess on your insurance. You might want to lower the excess so that you're responsible for less of the costs if something goes wrong and you need to make a claim - in this scenario, the insurance company is taking more risk so they will charge you more money. But you can also choose to increase the excess - this means you would pay more if you made a claim, but as the risk to the insurance company is lower, they will reduce the price of the insurance. Increasing the excess is sometimes referred to as having a "voluntary excess".
If an insurance company has an excess you can't vary, that's called a "compulsory excess".
What is black box car insurance for young drivers?
Black box car insurance for young drivers is also an option. This involves having a tracker fitted under the dashboard of your car so that the insurance company can measure how you are driving. Popular insurance box companies include Co-op insurance for young drivers, Insure the Box car insurance, and Marmalade insurance for young drivers.
Isn't there cheap car insurance for young women?
Not any more. Young female drivers used to benefit from the fact that, as a group, they are statistically lower risk than young male drivers. However, as a result of the EU gender directive, it is now illegal to offer lower prices on car insurance for young female drivers.
How to get cheap car insurance for young drivers?
Unfortunately, there isn't really such thing as "cheap" car insurance for young drivers; but there are a few things you can do to reduce the costs.
Firstly, your choice of car is important. If you want to save money, you should steer clear of "hot hatches", sports editions, and cars with engine sizes bigger than 1.4 litres, and choose low insurance group cars for young drivers instead (there's a list of these below). You should also avoid modified cars, as non-standard alloys, tinted windows, and modifications to bodywork are all unpopular at best with insurers for young drivers.
Secondly, you can investigate different types of young drivers car insurance. Some car insurance companies have policies which are cheaper in return for you limiting the number of miles you drive, and/or agreeing not to drive at night or drive your friends around. Black box insurance for young drivers is also an option - there are more details about how this works below. However, we think both of these methods are not really ideal, because of the sacrifice of convenience and privacy you have to make.
Finally, if you live at home and there are several cars in your household, multi-car policies (which are designed to cover all the cars in a household) sometimes make insurance for young drivers cheaper. Admiral multicar insurance is a popular example.
What are the cheapest cars to insure for young drivers?
The cheapest insurance group for young drivers is group 1, which includes the following cars: Chevrolet Spark, Citroen C1, Fiat Panda, SEAT Mii, Skoda Citigo, Vauxhall Corsa, Volkswagen Fox, Volkswagen Up
The value of my car is less than the insurance. Why bother with young driver insurance at all?
It's important to remember that insurance doesn't just cover the cost of repairing or replacing your car - it is also there to cover the costs of damage caused to other cars (or injury to other people) if you're in an accident and you are shown to have been at fault. Also, because it's illegal to drive without insurance, you could go to prison if you're caught doing it.
Community questions and answers
Hi, I am 17 in January, I will be 17 and am hoping to take my test. If I pass can anybody recommend me any cheap cars that will also have a cheap insurance policy as a lot of cars have been recognised as 'boy racer' cars. Thanks, Sam
What is your view on black box insurance?View all 5 answers
Black box insurance we are told is the future of car insurance for young drivers and it would seem that many young drivers are being forced into taking this form of insurance through the exorbitant quotes initially suggested by insurance companies. They are left with no choice that they can see other than to accept being monitored to reduce their insurance costs. Over the past few years I have been monitoring this type of insurance and have found that many of the young drivers that have tried this form of insurance have become disillusioned and have opted out of black box insurance after the first year, this is evident by the growing number of complaints that you see on twitter. As far as I can see it has potential to significantly reduce accident statistics but there are many pitfalls that seem to be being glossed over as there is no set standard for monitoring drivers and driving scores can vary wildly between insurers. Have any of you tried this form of insurance and how did you find it?
I had a box for 1 year which was only £1800, and I was limited to 6000 miles a year. It was scored from 0 - 100, and for every point you got an extra mile added to your score. I thought this was a fantastic Idea but i noticed I was focused more on driving carefully and focusing on the clocks for speed rather than the road. Each month I was getting about 28 - 35 points; This was appalling for how safe I was driving. after noticing I was getting barely any reward I started driving like an idiot to see the change, this involved speeding, sharp braking and generally being stupid on the road. That month I hit 98 points, which was the best ever. Black box is the most confusing way of insurance to understand and I believe it should be scrapped as it helped me in no way, form or fashion, now I would rather pay an extra £200 to avoid having the box
Like I said. I have been reviewing various black box apps for the past couple of years and have found wildly differing scores between apps. There has to be a set standard that has been tried and trusted before this form of insurance has any credibility.
Beware of Girls Drive Better (Policywise)!!!! As a newly incorporated Telematic company offering reduced competitive insurance for young drivers they will entice you into a false sense of security thinking that you have purchased a cheap insurance quote in comparison to other insurance companies. My daughter is now only 7 weeks away from completing her 1st year with Girls Drive Better and now that our instalments (payments) have all been paid we are now receiving phone calls and letters with respect to our driving experiences - looking to charge us £250.00 for braking at 50% on 7 occasions. So the moral of my story is - we purchased a cheap insurance but it wasn't cheap…. Also as we live in Northern Ireland, the layout of our coastal areas primarily in the North, make it difficult for the telematic box to record, it appears that we are cornering etc…They admitted this problem with the boxes and are extremely keen to get into the Irish insurance remit but as a parent - my daughter works full time as a domicillary community carer and we have experienced nothing but profound stress with respect to this company. Their letter reads we are charging you £250.00 or we will cancel your policy, please pay within 7 days, it then reads " If you have contacted us, please disregard this letter… What???!!!! My advice as a parent and a driver for over 30 years is - please do not make the same mistake as me, my daughter is now terrified to brake abruptly incase she is marked red and gets a further £250.00 charge by Girls Drive Better… Opt for one of the more experienced and trusted companies - this is not worth the anxiety that it has caused my family…. If it wasn't for the impending end of our policy with Girls Drive Better I would take my hard earned cash elsewhere… I normally don't rant on forums but don't want anyone else to experience this nightmare…
Thanks for getting in touch Sarah. I am sure this will be very helpful for people looking for insurance. We always are interested to know good/bad experiences with insurers, to help us find where we need to improve things for customers going forward. I hope you managed to get something sorted for your daughter! Kind regards Heidi
Further ExplainingView all 2 answers
Hi Can you explain to me further how this excess works. i understand that we get insured and the we have our excess insured by this group is that all or is there something i am missing. What happens if we bang the car etc. Thank you
Many thanks for the question. The overall aim of this group is to use collective buying power to help young drivers in the UK save money on the costs of car insurance. So far (and to your point) we've created a way to save £250-£400 by increasing the voluntary excess on car insurance - then insuring the excess to give more financial protection if there is an accident. But we are also working on negotiating cheaper deals on car insurance for young drivers with insurance companies. This is tough, but we are making progress. And the more young drivers we have on board, the stronger the group's negotiating position becomes.
How much have you been quoted?View all 12 answers
It would be great to know how much you've been quoted for young drivers insurance, and by which insurance companies. Knowing this helps us pick the best companies to get in touch with first. Thanks!
£3.699 co-op young drivers on a small 98s ford fiesta
Thanks Macauley, much appreciated
£3,068 52 plate vw lupo 1.0
£3,408.93 SEAT IBIZA 1.4 chill with black box
Thanks for the info - that's very helpful
£1371 Renault megane cabriolet 04, had an accident last year costing insurance ccompany £8000, sorry guys
I was quoted on my Mazda 2 1.3 Venture edition £3,490 :O, it is cheaper for me to get insurances on a 2.8CDR Jeep Wrangler 2dr CT900, which costs x3 of my car
1542 on a 2002 ka
1542 on a 2002 ka
£385 per month 1997 Peugeot 106 Independence
£1609 plug in black box on a 2009 1.5 Clio. I thought this was expensive but ive realised from this group that seems like a realistic price!
Motorcycles?View all 4 answers
if you were successful will it apply to motorbike riders also? because although everyone thinks bikers only ride for fun and speed is a load of rubbish i actually rely on my bike to get me places.
Hi Jack - yes we are also going to look at motorcycle insurance for young riders. It will probably need to be with a different company that specialises in cheap bike insurance for young riders, so that might mean we create a new group. Out of interest, what bike do you have and who do you get insurance from at the moment? Cheers, Sam
Hi again Jack - just to let you know the offer we've negotiated with the XS Cover Comapny does also apply to motorbike riders.
Bike insurance is not expensive, I am 23 and for me to be insure on a 600cc Suzuki Bandit is only £250 a year.