Mastercover have joined forces with i-kube to provide competitive insurance for provissional licence holders.
Let's say it takes you 4 months to pass your test. With MastercoverYD, you'd be insured on a provisional licence for the first 4 months then the remaining 8 months on a full licence. Your car insurance will switch from one to the other with no increase in premium. You'll also get a year's No Claims Discount if you remain claim free.
With MastercoverYD provisional insurance, you get:
FREE car insurance cover for named drivers*
No increase in car insurance premium when you pass your test
Discounted premiums for safer driving
Who can we cover?
We can cover most young drivers aged between 17 and 25.
We can cover most young drivers with a provisional licence, providing you do not have a test booked within 42 days of the policy start date.
Most insurers charge over a 100% more when you pass. Some even cancel the policy when you pass your test. WE WON'T
How much does it cost?
Prices are based on your individual details (age,car,postcode and driving histrory) but we are sure that our policy will be one of the cheapest on the market.
REMEMBER: Premiums will not increase you pass your test.
How can we insure you at such a low price?
We have been working with partners who have developed a scheme using GPS Technology that will track your driving habits and give discounts for drivers who do not use their vehicle between 11pm and 5am. The policy also rewards good driving at the renewal date of the policy.
How does it work?
|
>
|
A GPS device is professionally fitted to the insured vehicle to enable tracking of the vehicle and ascertain whether it’s driven during the high risk hours.
|
|
>
|
The GPS device will be fitted within 10 days of the policyholder going on cover at a time and place that is convenient for the policyholder.
|
|
>
|
Cover remains in full at all times – even if the vehicle is driven during the high risk hours.
|
|
>
|
If the vehicle is driven during the high risk hours, an additional premium of £100 per night is charged. The policyholder will be given access to a web site to allow them to track their car 24/7 and also review driving behaviour.
|
|
>
|
At the renewal date, the policyholder can earn up to 30% No Claims Discount + up to 40% good driving discount
|
*All drivers must meet the insurers underwriting criteria.
| 
