Insurance companies love drivers with plenty of experience behind the wheel. Add one or two to your young drivers car insurance policy and you could be looking at saving £100s on your premium. But what’s the deal here? We’ve broken down just what it is insurers are looking for and how you can benefit.
Do add family members.
Anyone who lives with you, or close by, with access to the car is a winner. Remember though, any named driver must occasionally be driving the car.
Choose older drivers.
The biggest savings can be made by adding experienced and older named drivers to your policy. Insurers assume that if the car is being driven by a more experienced driver – for at least part of the time, there’s less chance of the car being involved in an accident.
Be a named driver.
As tempting as it may be to have your own car, if you only drive occasionally, consider just being a named driver on one of your parent’s cars. Some companies will let you notch up a named driver discount, which you can transfer when you get your own car. Be wary of the rules though. If you’re the one who drives the car most often, or you’re the owner, but you claim you’re a named driver, it’s illegal.
Don’t add someone with a rocky road history.
We’re talking insurance claims, accidents and penalty points here. Always opt for someone with a clean license and a shiny no claims bonus – for maximum benefits.
Don’t add another young driver.
Goes without saying, but you’re looking for someone with at least a few years driving experience – preferably 5 or more. So even if your partner really really wants to be on your policy, think twice before upping your premium just so they can be designated driver now and then.
Don’t make it up.
If your named driver(s) live in Australia, are fictional, or will never driver the car – they don’t make the grade.
Don’t switch places.
Naming your Dad as the main driver on your car, when he isn’t, is called ‘fronting’. Yes you’re quote will be cheaper, but fronting is also illegal.
Don’t make assumptions.
You may think adding your mum or gran will be the best way to reduce your annual premium. But check out other family members too. It could be that your brother or dad will bring the premium down further – always check.