Insuring son (newly qualified driver) to drive my car

[JGG]

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

[barry1010]

It is very expensive to insure young new drivers. Try the comparison sites and other insurance companies for cheaper deals.

[k8bailey]

it would probably be cheaper to buy him an old banger and insure it, in his name so that he hopefully builds a no claims bonus, look for something in a low insurance group.

[redcrx]

it depends what sort of car you have too.
Hes better building up his own no claims on a small car as already said.

[sleepy1j]

my son is 17 and the insurance cost more than the car is worth ..mad !!

[johntywino]

My grandsons 21 with 3 years NCB. For him to drive my car (13 years old,48,000 miles worth �250 (Ford Mondeo) the quote was an extra �1,350! He taxed and insured his own car (banger Polo) for �835!!! Totally MAD...

[terambulan]

Young drivers are high-risk. Best he drives a 'banger' till he has earned NCB for 3y when his insurance will be reasonable.