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I slashed 18-year-old son's car insurance by £450 using Martin Lewis' FREE trick

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Read on for a guide on how you can make huge savings
Read on for a guide on how you can make huge savings

A DAD has revealed how he slashed his son's car insurance by a whopping £450.

Marc says the cost-saving came after Martin Lewis shared a free trick.

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Close-up of British bank notesCredit: Getty

The Money Saving Expert revealed in recent weeks how young drivers could cut insurance costs, after revealing they'd skyrocketed a massive 49%.

Martin said that means insurance for drivers aged 17-24 now averages a massive £2,000 a year.

He said this is because drivers under 25 are less experienced therefore insurance companies see there is a higher chance of them crashing - and the company having to payout.

Selfish drivers mount pavement outside family homes putting pedestrians at riskSelfish drivers mount pavement outside family homes putting pedestrians at risk

But, the expert revealed there are a number of ways to bring costs down - including adding family members as drivers of the car.

The Money Saving Expert said: "If you have a family member or friend who may drive the car and has a good driving record, adding them as a second driver can make you appear less risky and bring prices down.

"Try out different combinations - for example, add one parent to see the impact, remove them and add the other, then try both."

One dad, Marc, wrote in and said the tip worked for him - and saved him 30% on his son's bill.

He said: "I renewed my 18-year-old son's car insurance and saved a whopping £450 by adding my wife as a named driver.

"Massive thanks."

Lewis did warn to take care when it comes to adding parents - or others - as drivers.

He said it can be classed as fraud.

The Money Saving Expert wrote: "Never add a parent (or someone else) as a main driver if they aren't.

"This is 'fronting' and it's fraud. It'll be checked if you claim and the insurance will be invalid if you're caught.

Top ten reasons learners fail their driving test revealed by the DVSATop ten reasons learners fail their driving test revealed by the DVSA

"You could even be prosecuted. Don't do it."

Lewis often gives motoring money-saving tips.

In November the expert told everyone auto-renewing their car insurance they face rising bills.

A confused fan emailed into the show and claimed: "Last year's price £315. This year's renewal £658.

"Comparison website checked and a new policy would be £380 Regularly auto-renewed. Never again."

Martin agreed, saying "yes, never again" - telling Brits to ensure they did not use auto-renew schemes.

He also said people could save £100s by making a simple change on their insurance.

The website's latest newsletter said: "Take a few minutes to check if you're overpaying.

"If you are, even if you're not near renewal, you may be able to lock in a price to forestall future increases for a year."

Jane Matthews

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