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Methodology - Young Driver Insurance Product Feature

Updated: 11 Mar 2024

What is this document?

This is a breakdown of how we answered the question set and arrived at the product we chose to showcase on the Life Insurance landing page.

The methodology

Question

Answer

What’s the registration?

FG64***

HYUNDAI I10 SE's details confirmed?

Yes

What's your email address?

*

Does the HYUNDAI I10 SE have any modifications?

No

Roughly how much is the HYUNDAI I10 SE worth?

£4,000

Do you have the HYUNDAI I10 SE yet?

No

Are you the owner and registered keeper of the HYUNDAI I10 SE (or will you be)?

Yes

How do you use the HYUNDAI I10 SE?

Social and commuting

How many personal miles does the car do a year?

8,000

Where is the HYUNDAI I10 SE kept during the day?

On a driveway

Where is the HYUNDAI I10 SE kept during the night?

On a driveway

Do you have any other cars?

No access to any other cars

What is your first name?

*

What is your last name?

*

When were you born?

01/09/2002

Are you:

Male

What's your address?

CH4***

Are you a homeowner?

No

Have you been a UK resident since birth?

Yes

What's your marital status?

Single

How many children under 16 do you have?

None

What's your employment status?

Full time

What job do you do?

Marketing Assistant

Which industry do you work in?

Financial Services

How many cars are there in your household?

Two

Which kind of driving licence do you have?

Full

Where was your licence issued?

UK

Does your licence cover manual cars or just automatics?

Manual and automatic

Do you have any additional driving qualifications?

No

Do you have any medical conditions that the DVLA should be aware of?

No

What is your driving licence number?

I can't provide this right now

How many years have you held your current licence?

3 years

Have you had any motor accidents, claims or losses in the last five years?

No

Have you committed any driving offences or had any Fixed Penalty Notices in the last 5 years?

No

Do you have any unspent non-driving convictions?

No

Would you like to add any additional drivers?

No

Have you or any additional driver on this policy ever had their insurance declined, cancelled, voided, or had special terms imposed?

No

What type of cover do you need?

Comprehensive

How much voluntary excess are you prepared to pay in case of a claim?

£250

How many years of no claims discount do you have?

3

How would you like to pay for your car insurance?

One annual payment

Is that how you'd normally pay for your car insurance?

I usually pay annually

When would you like your insurance to start?

Tuesday, 2nd April

Is it important that your policy includes legal cover?

No/Not sure

Please let us know if you would like to add personal injury cover?

No/Not sure

Would you like your policy to include breakdown cover?

No/Not sure

Would you like your policy to include courtesy car cover?

No/Not sure