Quote:
Originally Posted by ChrisKnottIns
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
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If you were to agree to insure the car for an under-25 driver using the red key, then that would become part of the conditions of insurance - if I then chose to allow a named under-25 driver to use my car on a normal key and they had an accident my insurance would be null and void and I'd lose £45K worth of car...that alone would be incentive enough for me to ensure that the red key is the only key used by the young driver.