A UK insurance company has a solution to help drivers work toward their full licence while not costing them (or their family members who might have to add them to their insurance policies) an arm-and-a-leg or their first-born in order to get coverage.
Dayinsure, the UK’s premier provider of short-term vehicle insurance, has created Dayinsure Learner, making available to any permanent resident of the UK, between the ages of 17 and 75, with a provisional driving licence.
“We developed Dayinsure Learner to allow learners aged 17 and over to practise driving in a parent’s car whilst accompanied, without jeopardising their parent’s No Claims Discount,” explains Dayinsure.com CEO John Hatfield. “That means it’s a win-win scenario for all concerned – peace of mind for mums and dads, while learners can concentrate on getting to grips with life on the road without any added pressure.”
Premiums range from £38 (about $62.50 Canadian) for a week, £66 ($108.50) for a month or £226 (about $371.60) for five months. The deductible is £250 ($411) and it’s all underwritten by Aviva (the UK’s leading insurance provider).
The insurance is available from two hours up to five months, so learners who may only have two or three 1-hour driving sessions a week can basically get insurance for the time they are behind the wheel only. Now, if the student driver decides to take an extensive course to attain a full licence quickly, the company will refund the unused premium, less an administration fee.
There are other provisions, mostly mirroring the requirements of the learning permit — the driver must be driving with a fully licenced 25- to 75-year-old (who has had a full licence for at least three years) in the UK-registered vehicle (with a market value not greater than £30,000, or just over $49,200 Canadian), which itself must be insured under a full policy. And coverage is available only between 6am and 10pm.
And in the case of a crash, the incident will not impact the insured-vehicle policyholder’s “no claims” discounts.
Dayinsure already caters to a wide variety of short term vehicle insurance needs, from the driver who borrows a friend’s station wagon for a weekend getaway to the cottage, to the pub-goer who may want a sober friend to drive him and his car home at the end of the night rather than hailing a cab.