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#1 Thursday 26th January 2012 11:12:18

(ROG)
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From: LEICESTER
Registered: Monday 23rd August 2010
Posts: 1,551

IAM: Cheaper insurance costs and training for young drivers

http://uk.autoblog.com/2012/01/12/iam-c … d=webmail7

IAM: Cheaper insurance costs and training for young drivers

The Institute of Advanced Motorists (IAM) has called on the Government and insurance companies to provide reduced insurance costs to young drivers who take additional training after passing their tests.

With premiums having risen substantially over the last few years, many young drivers admit to lying about their details to insurers, in hope of a better deal. Not surprising, when you consider the average premium for a 17-22 year old man is £2,977 – more than three times the national of £907.

Worryingly, a Government Transport Select Committee survey recently found that 21% of young drivers had considered driving with no insurance at all.

The IAM is also calling for the standard of the driving test to be reviewed.

It is highlighting the issue after its own survey revealed that half of all new drivers questioned did not feel fully prepared to drive on their own, and that 74% would definitely take further driving training if it meant reduced insurance premiums.

IAM chief executive Simon Best said: "The simplest way to reduce insurance premiums is to prevent accidents. We need to start rewarding good drivers by encouraging further driver training through cheaper insurance.

"Pass Plus no longer provides a respected or effective training offering. The government, insurance and road safety industries need to work closely together to develop a better, universally recognised option - a partnership which the IAM is keen to be a part of."


IAM Observer
Leicester group of advanced motorists
LGV instructor from 2005 to 2008

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Thursday 26th January 2012 11:12:18

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Re: IAM: Cheaper insurance costs and training for young drivers



#2 Thursday 26th January 2012 11:51:42

Gizmotime
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From: Bolton Lancashire
Registered: Monday 5th April 2004
Posts: 1,967

Re: IAM: Cheaper insurance costs and training for young drivers

The Insurance Company's are having a laugh with what they charge Young drivers, It's not on at all.

Giz

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#3 Thursday 26th January 2012 12:23:58

Daveyboy
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From: Nr Alford, Lincolnshire
Registered: Sunday 25th January 2009
Posts: 377

Re: IAM: Cheaper insurance costs and training for young drivers

At a recent Transport Select Committee hearing one of the committee members who is an IAM member received a £2.98 discount because of his IAM membership.

Hardly worth the cost of doing IAM.

It looks like the insurance industry has no confidence in the IAM also.

Daveyboy

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#4 Thursday 26th January 2012 17:00:54

Terrier
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From: Greater Manchester
Registered: Sunday 15th May 2011
Posts: 657

Re: IAM: Cheaper insurance costs and training for young drivers

The insurance industry is no longer prepared to give discounts to young drivers just because they have taken further training, they regard discounted insurance as a poor incentive to improve a young persons driving.


ADI Development Greater Manchester & Cheshire Grade 6 ORDIT Approved
Cardington Grade A  RoSPA Gold
DSA External Trainer Certificate for Instructor Training

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#5 Friday 19th October 2012 15:05:32

BDofNI
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From: Belfast / Lurgan
Registered: Friday 19th October 2012
Posts: 18
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Re: IAM: Cheaper insurance costs and training for young drivers

I passed my advanced test with the IAM in march of this year. My insurance renewal came in this September and it was 414, higher than last year.
I phoned up adelaide insurance who do the IAM Surety and was quoted 209, fully comp and with NCB protected smile .


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#6 Friday 19th October 2012 15:50:06

Roadmaster
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Registered: Thursday 4th March 2004
Posts: 5,680

Re: IAM: Cheaper insurance costs and training for young drivers

It always pays to get several quotes.  You usually find that one insurer will match another quote.

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#7 Friday 19th October 2012 18:24:30

pegasus
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From: north west
Registered: Friday 25th February 2005
Posts: 3,323

Re: IAM: Cheaper insurance costs and training for young drivers

Hi

BDofNI wrote:

I passed my advanced test with the IAM in march of this year. My insurance renewal came in this September and it was 414, higher than last year.
I phoned up adelaide insurance who do the IAM Surety and was quoted 209, fully comp and with NCB protected smile .

Was that on a school car or a private one?

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#8 Friday 19th October 2012 19:09:57

BDofNI
Member
From: Belfast / Lurgan
Registered: Friday 19th October 2012
Posts: 18
Website

Re: IAM: Cheaper insurance costs and training for young drivers

pegasus wrote:

Hi

BDofNI wrote:

I passed my advanced test with the IAM in march of this year. My insurance renewal came in this September and it was 414, higher than last year.
I phoned up adelaide insurance who do the IAM Surety and was quoted 209, fully comp and with NCB protected smile .

Was that on a school car or a private one?


My own private car which I have been driving for eight years, insurance group 9/50.


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