Unemployed Car insurance (22yr old)

[kilasuit]

Anyone know of any insurance companies that will insure me for less than 2.5k?

or at least give me some better quotes.

[kilasuit]

Re: Unemployed Car insurance (22yr old)

does anyone believe that it would be wrong for me to put househusband on car insurance job form even though im unemployed (albeit (hopefully) only short term)

Difference in Quotes is around 1.7k

[kilasuit]

Re: Unemployed Car insurance (22yr old)

also the other thing is can i add my mum to the policy even though we dont live together?

[mgfboy]

Re: Unemployed Car insurance (22yr old)

does anyone believe that it would be wrong for me to put househusband on car insurance job form even though I'm unemployed (albeit (hopefully) only short term)

Difference in Quotes is around 1.7k

If you are a house husband, it's not a problem. If your not it's insurance fraud and if you get caught it's not a good thing. Also you can put anybody you fancy on the policy and putting your mum should reduce your premium.

[SXGuy]

Re: Unemployed Car insurance (22yr old)

i thought the youngest driver is considered when the insurance quote is given? i.e doesnt matter who you stick on the policy, they will take the youngest, less expierenced driver to work out the amount to pay? thats what id always thought anyway.

Just to add, yes it is fraud to lie about your job, but, there is no way of them knowing whether its true or not, and personally cant see how they would ever find out.

Myself personally, im self employed, i do various types of jobs in my accountancy firm, each one would be considered as a seperate job role had i been employed.

I therefore take the decision of picking one which gives me the best value for money.

This is obviously not fraud as i do all these jobs, however, i would prob risk lying.

I say "I" would, i obviously cant tell you to do the same.

[CleverClogs (RIP)]

Re: Unemployed Car insurance (22yr old)

give me some better quotes.

(link)

[CleverClogs (RIP)]

Re: Unemployed Car insurance (22yr old)

Just to add, yes it is fraud to lie about your job, but, there is no way of them knowing whether its true or not, and personally cant see how they would ever find out.

If one were a gigolo, would it be an untruth to call oneself a self employed personal consultant?

[mgfboy]

Re: Unemployed Car insurance (22yr old)

i thought the youngest driver is considered when the insurance quote is given? i.e doesn't matter who you stick on the policy, they will take the youngest, less experienced driver to work out the amount to pay? thats what id always thought anyway.

Just to add, yes it is fraud to lie about your job, but, there is no way of them knowing whether its true or not, and personally cant see how they would ever find out.

Myself personally, I'm self employed, i do various types of jobs in my accountancy firm, each one would be considered as a separate job role had i been employed.

I therefore take the decision of picking one which gives me the best value for money.

This is obviously not fraud as i do all these jobs, however, i would prob risk lying.

I say "I" would, i obviously cant tell you to do the same.

You are correct in the main loading is on the younger driver, but from a risk perspective have a older driver on the policy lowers the overall rating. I've seen it make a couple of hundred pounds difference.

As yes you can lie and they may never find out, but I wouldn't do it because as I said before it's fraud.

[di30]

Re: Unemployed Car insurance (22yr old)

I am 2 and a half years older than hubby and it's my age even though I'm female that reduces our insurance.

On my sons car, so that he does not lose out on his no claims, my hubby is his 2nd driver to help keep my son's insurance down, fully comp too.

[SXGuy]

Re: Unemployed Car insurance (22yr old)

Well i stand corrected then, perhaps its changed in recent years but when i first started driving at 17, i was told by insurance companies that it didnt matter who was named driver they would take the youngest or less expierenced driver to determine the amount payable.

[CleverClogs (RIP)]

Re: Unemployed Car insurance (22yr old)

You're probably less winsome than Di is.

[mgfboy]

Re: Unemployed Car insurance (22yr old)

Well i stand corrected then, perhaps its changed in recent years but when i first started driving at 17, i was told by insurance companies that it didn't matter who was named driver they would take the youngest or less experienced driver to determine the amount payable.

I think you missed my point, age of the main driver is the main thing they take into account , but not the only thing. Things like smoking status, if your married and have kid, homeowner these all have any effect.

If memory serves the last time I underwrote a policy manually it went something like this

Bases premium
car type
postcode
age
garaged
use
history
length of license
mileage pa

This was for a classic car policy and all the above added or subtracted from the base premium. On a normal car policy the algorithm is much more complex!!!!

[BBoo]

Re: Unemployed Car insurance (22yr old)

I've been driving for thirty years without a claim. Last year my premium was reduced by about £50 for adding my wife.

My wife has a provisional licence and is 10 years older than me. She would be deadly behind a wheel, and hasn't driven since failing her test again twenty odd years ago.

Who is the greater risk? It makes no sense.

[mgfboy]

Re: Unemployed Car insurance (22yr old)

I've been driving for thirty years without a claim. Last year my premium was reduced by about £50 for adding my wife.

My wife has a provisional licence and is 10 years older than me. She would be deadly behind a wheel, and hasn't driven since failing her test again twenty odd years ago.

Who is the greater risk? It makes no sense.

It's all down to statistic and actuaries, remember they not looking at your wife, they are looking at all women of her age that drive.