Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Age Limit for Insurance on Model S?

Jack80

New Member
Nov 15, 2019
4
0
United Kingdom
Hi, a few months ago my dad, primarily on my enthusiasm, went out and bought a Tesla Model S Long Range... he's never been much of a car enthusiast but he absolutely loves the car and I love travelling with him in it.

Now, as someone who is 19 years old with a little over a year of having a full license, I recognise that it's highly unlikely that I would be able to convince an insurer to insure me on a car worth upwards of £79000, even if it was merely as a named driver on my dad's policy (who is 50 years old with 25+ years NCB), and sure enough after going through about 15 insurers, including a number of specialist brokers, I haven't had any luck in getting a single quote, let alone a quote at a reasonable price.

So, is it at all possible to get insurance for someone my age on a Model S, be it a full or even just a temporary insurance policy (such as one lasting a few days or weeks)? If not, at what age would insurers begin entertaining the idea of offering a quote on a Model S?
 

Tony Hoyle

Member
May 7, 2019
923
557
Stockport, UK
Novo might, if you haven't tried them.

From posts on here the insurers are reluctant below about age 26. However there have been one or two people that managed it younger (won't be cheap though).
 

Jack80

New Member
Nov 15, 2019
4
0
United Kingdom
Try a broker and I'm not talking about compare the market etc. They have ability to sort insurance that is not easy/possible to find elsewhere.
Ive have tried a bunch of specialist brokers, but like I said, none of the ones I've tried are even willing to offer a quote.

I'll give Novo a try like the other guy suggested though, and if you or anyone else knows of any other specialist brokers then I'll be more than grateful if you could direct me towards them.
 

Mr Miserable

Supporting Member
Jul 8, 2019
4,245
7,802
UK
I feel your pain.
I remember being in a position to buy a new TR7 (it was a long time ago!) for £3250 from the showroom.
I had real trouble getting a quote until I finally got one for £500.
I was just about to take the pain and commit when I realised it was £500 per quarter!

The Viva lasted 2 more years....
 
  • Like
Reactions: Roy W.

VanillaAir_UK

Supporting Member
Jun 17, 2019
7,199
4,699
Surrey, UK
Have you tried Lancaster? They may be too classic orientated though.

I see Novo mentioned above on Tesla Owners UK website so hopefully you have luck with them.

Then there are household names like Adrian Flux etc.

However if you go with a broker, charges get more complex especially if wanting to cancel/amend.

There is also a short term insurance company on the toilet wall at Fleet services... I may be passing there later today :D
 

Jack80

New Member
Nov 15, 2019
4
0
United Kingdom
Have you tried Lancaster? They may be too classic orientated though.

I see Novo mentioned above on Tesla Owners UK website so hopefully you have luck with them.

Then there are household names like Adrian Flux etc.

However if you go with a broker, charges get more complex especially if wanting to cancel/amend.

There is also a short term insurance company on the toilet wall at Fleet services... I may be passing there later today :D
Yeah... Ive tried my luck with the likes of the more well known brokers like Adrian Flux, Acorn Insurance, SIS, and a load of others, and I got the same answer as I got with Direct Line and Comparethemarket...

I will give Novo and Lancaster a go however, thanks for the suggestion :)
 

ewoodrick

Well-Known Member
Apr 13, 2018
5,285
3,723
Buford, GA
It may be easy to get, the question is how much. You possibly may end up paying for the car in just insurance
Get a cheaper car for your first few cars and then when you have a job making 100k a year or more, then you get a Tesla.
 
  • Like
Reactions: pow216

VanillaAir_UK

Supporting Member
Jun 17, 2019
7,199
4,699
Surrey, UK
There is also a short term insurance company on the toilet wall at Fleet services... I may be passing there later today :D

promise I had washed my hands...

20191115_191708761_iOS.jpg
 
  • Funny
Reactions: WannabeOwner

Cowpring

Member
Aug 14, 2019
378
200
London, UK
What do millionaires do when their 19 year old sons want to drive their £500k Ferraris?

Surprised you can't even quote on it. Even if a silly amount of money, with enough money an insurer must want to take on the risk. But I guess you are in a very very high risk group.
 

Adopado

Active Member
Aug 19, 2019
3,299
2,467
Scotland
What do millionaires do when their 19 year old sons want to drive their £500k Ferraris?

Surprised you can't even quote on it. Even if a silly amount of money, with enough money an insurer must want to take on the risk. But I guess you are in a very very high risk group.

Years ago it was quite routine to have an "any driver" policy that didn't exclude anyone so long as they had a license. There was also an alternative facility to standard insurance whereby you could lodge a a large fixed sum that was deemed sufficient to cover your basic liabilities should a claim be made against you. I've no idea whether such things still exist!
 

Rooster6655

Active Member
May 3, 2019
1,518
525
UK
What do millionaires do when their 19 year old sons want to drive their £500k Ferraris?

Surprised you can't even quote on it. Even if a silly amount of money, with enough money an insurer must want to take on the risk. But I guess you are in a very very high risk group.
Maybe some sort of trade multi car family policy
 

mikecantdrive

New Member
Jul 27, 2019
2
0
London, UK
My dad bought an model 3, and i can got a quote for 4500 pounds for both of my parents and me. However, it only cost my dad 700 pounds if i am not in his policy.
4500 pounds is ridiculous so i rather not drive it :(
 

WannabeOwner

Well-Known Member
Nov 2, 2015
5,758
2,893
Suffolk, UK
What do millionaires do when their 19 year old sons want to drive their £500k Ferraris?

Not sure I qualify :) but I use a broker for pretty much all our insurance. I tell the broker what I want and he is responsible for finding a policy that fits my needs, using his nous on my behalf and checking the small print for ridiculous exclusions which his experience tells him to be alert for and which I would probably miss.
 

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top