View Single Post
Old Jan 2nd, 2019, 11:06   #278
ChrisKnottIns
Trader
 
ChrisKnottIns's Avatar
 

Last Online: Jan 2nd, 2024 13:29
Join Date: Oct 2010
Location: Hastings
Default

Quote:
Originally Posted by St Evelyn View Post
I note that Volvo now offer a 'Red Key' accessory for SPA-model vehicles that automatically decreases engine power, presumably to restrict the performance available for young drivers and the like.
IIRC, you don't normally allow under-25s to be insured on your policies - just wondering whether use of the red key would be sufficient for your underwriters to approve an under-25 to be insured on such a car please?
It looks like a good idea for the owner's peace of mind when lending the car. I'm not sure that merely having possession of a red key would satisfy insurers that the red key was always being used by the young driver. How would you see it working in practice?

best,
Nick
__________________


VOC Insurance is administered by Chris Knott Insurance

Simply call the VOC dedicated quoteline on 0800 023 4374 for your free no-obligation quote and see how much you could save.
ChrisKnottIns is offline   Reply With Quote