Great Insurance idea for Provisional Drivers
Insurance for Provisional Drivers has always been a problem. The main concern for parents being that if the young driver has an accident it is going to impact on their no claims bonus. Some insurers are also not keen to provide the cover or limit the cars they will insure to lower grouped vehicles.
Insurance Marmalade is an insurance scheme, whereby provisional drivers can take out a policy in their own name to cover a parent’s car or a vehicle on a fleet policy. The policy can be arranged on a month by month basis and the insurers will cover up to group 16 vehicles to a value of £20,000