Cheapest car insurance young drivers
Cheapest car insurance young drivers
Traditionally, drivers under 21 or even 25, have not been the most popular people with car insurance companies! Quite simply the younger a driver is the higher the percieved risk to the insurers. Young male drivers are actually a higher risk than young females according to the statistics. So basically if you want to know an insurers nightmare customer, generally speaking its a young male driver with some convictions, looking to insure a high performance car(think Cosworth, Impreza WRX, Evo, Civic type R or any of the current crop og GTI hatchbacks or Japanese grey imports so popular amongst younger drivers!)
Young drivers cheap car insurance
Some people wonder why the higher premiums for young drivers and feel its unfair, but the thing is insurance companies work on hard facts and statistics and the fact is young male drivers have more accidents than any other group.The records show that teenagers have more crashes than any other, this can be partly explained by lack of experience but possibly peer pressure has a bigger role to play.
Teenager car insurance
However young drivers still need insurance, so who can we find them the cheapest insurance quotes and keep the costs down?
- 1)The first obvious thing is to check out the cars insurance group - prior to buying or paying a deposit! - dont make the mistake of thinking an older, less expensive car will be cheaper to insure. Often a newer car with improved active and passive safety features and good anti theft measures as standard will be cheaper to insure even though more expensive to buy!
- 2) Consider taking advanced driving training and taking the IAM test (Institute of Advanced Motoring) Many insures offer discounts for adanced drivers even young ones!
- 3) Try and avoid going on your parents insurance policy unless there is no other way, as while a named driver on someone else’s policy you are not qualifying for no claims bonus (i.e. you are not building up a record of responsible driving that you can show to future insurers)
- 4) When getting quotes for car insurance try one of the big brokers first to get an idea of cost then try one of the specialised brokers who deal with young drivers on a day to day basis and see if they can get the price down for you.
Car insurance uk young drivers
So, the best advice for young drivers turns out to be, be sensible! Oh dear, thats not the advice teenagers want to hear. But if younger drivers can stay safe and show a good driving record, avoid driving convictions and seriously expensive high performance cars(at least for a couple of years so they can demonstate to insurers they are”safe”) Then the costs are certainly more bearable, perhaps cheap is not the correct word, lets say cheapest young driver car insurance, as lets be honest, car insurance is never going to be cheap for teenagers or drivers under 25. But by following a few simple steps we can reduce cots considerably.
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