Insuring a Third Car Which Will Be Son's Learner Driving Use

Lpaddyo on 17/01/2022 - 16:14
Last edited 17/01/2022 - 17:24

Hi Ozbargainers. I've not been in this situation before so would appreciate your advice. We are in NSW, both my wife and I are mature drivers and have our own individual fully comprehensive insurance for both our cars. We recently bought a second hand Toyota Yaris 1.5l Manual for our son to consolidate his learning hours prior to taking his test and then for him to use afterwards. What is the most practicable, best value, effective and LEGAL way for us to Insure that vehicle so that we can be the supervisor drivers initially until he passes his test. Do we start a new insurance? Can we add to one of our existing car insurances? Thoughts?

Edit: Have now sorted it out, thank you to everyone who responded and you were all very helpful.

Automotive Car Insurance Insurance

Comments

  • GG57 on 17/01/2022 - 16:18
    +5

    Wouldn't it just be aligned with the ownership of the car? If registered to you, for example, then you would need to have the insurance.

    • paddyo on 17/01/2022 - 16:31

      That's my assumption, just declare it being used for Driver Learning which will increase the excess, I've already reconciled to that. Was going to get 'bomb insurance' which apparently is a thing :)

      • GG57 on 17/01/2022 - 16:34
        +3

        A quick online search provided this:
        https://www.ratecity.com.au/car-insurance/articles/car-insur…

        It may be that you are overthinking this.

        • paddyo on 17/01/2022 - 16:45

          "It may be that you are overthinking this."……quite possibly :)

      • AustriaBargain on 17/01/2022 - 16:36
        +1

        Even with a bomb you'll want proper insurance in case he hits someone else yeah?

        • paddyo on 17/01/2022 - 16:51

          Friends just said to ask for bomb insurance and the insurers will know what that means. It's probably best if I read up on that just for clarity. But yes, I want to ensure that we are insured in case we/he hits someone else.

          • brendanm on 17/01/2022 - 17:28
            +2

            @paddyo: It's called third party property insurance.

          • bobbified on 17/01/2022 - 17:59
            +1

            @paddyo:

            Friends just said to ask for bomb insurance

            Just don't be asking the feds because we definitely won't be able to help you after that!

            • andrek on 18/01/2022 - 07:49

              @bobbified: Oh, they'll be able to help ok, OP just won't like that sort of insurance…

  • Big Lenny on 17/01/2022 - 16:27
    +1

    wont be cheap however you look at it, since he will be listed as a main driver/driver

    • paddyo on 17/01/2022 - 16:30

      I was going to have me as the main driver and state that it would be used for Driver Learning.

      • jv on 17/01/2022 - 16:49

        Won't make any difference…

  • mskeggs on 17/01/2022 - 16:35
    +5

    Insure as yourself. You are the legal driver while teaching, as far as insurance is concerned. Add them as a driver when they are licenced.

    Your existing insurance likely already covers learner drivers, check the policy docs.
    Cover for a new vehicle will require a new policy.

    • Nugs on 17/01/2022 - 16:43
      +1

      I found the same recently too, CGU for example explicitly state it in the PDS
      .

      • Mulga Bill on 17/01/2022 - 16:48
        +3

        I agree with this for CGU but I dont believe it is the same for all insurers. It wont hurt making a phone call to your insurer and check with them…the call should be recorded incase anything goes wrong too (maybe note the date and time of the phonecall somewhere on the learner book to be safe)

    • paddyo on 17/01/2022 - 16:44

      Yep, makes sense. New policy, as low as possible. I want cover in case of accident with another car. I'll be main driver, I wasn't going to list him yet until he passes his test and then add him and take the hit then. I was under the impression that you can state that it will be used for learner driving under 25 but without having to name the actual driver.

      • mskeggs on 17/01/2022 - 17:04
        +2

        Policy wording probably varies. NRMA/IAG don't require learners to be named, but have a massive excess.
        Similar with Budget Direct, I think.
        Pretty sure youi or one of the other cheapies does want them named.

        I also checked only one excess applies, i.e. you don't pay both young driver and inexperienced driver excess, only the higher. But again, best to check.

  • Euphemistic on 17/01/2022 - 16:38
    +1

    Will be travelling that road soon, however when I rang NRMA to list him on our main car they were barely interested because he is under instruction from a listed driver. Other car is with bingle and they took details and charged a small amount to add him to the policy.

    You’ll need to get insurance for your Yaris. It’ll be up to you to decide wether you want third party property or comprehensive. I’d insure under your name and add learner as a listed driver. Getting a new policy for a learner may not be the cheapest option, depends on wether your insurer allows family no claim discount sharing.

  • EightImmortals on 17/01/2022 - 16:59
    +2

    When we were teaching our kids we just used our own cars. In case of an accident and the kid was driving we would have had to stump up extra excess for 'unlisted driver', such is life. When they got their own cars, we listed them and one us (parents) on the policy to bring the premium down until they turn 25. In your case just put the Yaris under you or your wife's names and then once the kid get their P's get them added on to the policy.

    • paddyo on 17/01/2022 - 17:22
      +1

      Yep, just done that now. Rang up my insurer (Woolworths) and was very open about it all. Have opened a new policy Third Party Property with both my wife and I named and will add him when he gets his P's. Thank you everyone for your swift advice and help, all of it helped me come to a decent decision.

  • dragong87 on 17/01/2022 - 17:02

    If you check your PDS they may already be covered, just the excess is high.
    Unlisted driver and additional excess again for driver under 25.

  • quog on 17/01/2022 - 17:02
    +1

    You don't need to list learner's anymore on racv, gio et al, but maybe do on el cheapos. You will pay circa $400-600 extra excess on a claim. When you used to name them you paid this excess also whether named or not.

    When gets license, call and name as secondary driver. Next year, get insurance in both names, then after a period only in his as he will have risen in ranks.

  • p1 ama on 17/01/2022 - 17:16
    +4

    Toyota Yaris 1.5l Manual

    You're raising your son right, I respect it.

    • paddyo on 17/01/2022 - 17:23
      +4

      The way I see it, and he agrees, once he has learnt manual he will understand a car better, understand other drivers better and also be able to drive anywhere.

      • Euphemistic on 18/01/2022 - 05:41
        +1

        That’s why I want my learner to learn manual. Will be getting a manual for the learner car, but also because I enjoy a manual more - and don’t have to deal with daily traffic jams.

  • Matt P on 17/01/2022 - 22:22

    Good on you for teaching your son manual.

    I feel for my kids, i'm going to teach them to learn to drive in my temperamental, hard to drive, heavy clutched 32 year old (38 year old when the eldest gets his licence) Golf GTI

  • OzHunterNSW on 18/01/2022 - 15:19
    -3

    That's their problem. How are they ever going to learn if you keep buying things for them. Start teaching responsibility. They pay you back for the car, and they buy their own insurance.

    • paddyo on 18/01/2022 - 16:38
      +1

      Don't troll my posts. Every assumption you made in that statement is wrong. We bought the car with him, half and half which he saved up for. He is taught responsibility, he will get his own insurance when he passes his test, again having saved up for it. How about you eff off and learn some bloody manners and keep your jealous comments to yourself..

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