When it comes to insuring a young driver there is simply no getting away from the fact that young drivers are always asked to pay higher premiums for their car insurance. The reason the majority of companies do this is due to the younger driver not having any experience on the road, while this doesn’t seem to make any sense with the young driver having only just passed their test, it is a sad but true fact.
However while there is no getting away from the fact that younger drivers will pay a higher premium there is much that can be done when it comes to getting a cheaper premium and insuring a young driver.
The first thing you should take into account is the type of car that you are thinking of buying, while insurance premiums are generally higher for the younger driver, the bigger the size of the engine you choose, will boost it up even more. If you are looking to buy your first car then bear this in mind when thinking about cutting down on the insurance premium, where possible avoid any sporty and fast models, but instead stick to a car with a modest size engine and if possible avoid buying a new car but an older model instead.
No claims bonus can greatly reduce your premiums, but obviously when insuring the younger driver this won’t apply because unfortunately they don’t have any. So until you are able to get some experience stick with an older model and an engine size below 1 litre.
Although you have the choice of different types of insurance cover, fully comprehensive is very expensive and this might not be in the best interests of the younger driver, especially if the above advice has been taken and the car is an older model. So consider an alternative such as third party, fire and theft.
If the younger driver has only just passed their test then they can take an advanced driving test to further reduce their premiums. A test such as this will normally consist of 6 different modules or scenarios that will put them into various situations such as night time driving and driving on the motorway, if this test is taken successfully and completed then there are certain insurers that will take this into account when insuring the young driver which can mean they save as much as 30% off their first years premium.
Shopping around online and getting quotes from several companies is the best way for anyone to make savings on their car insurance. The younger driver should also look around for those insurers that specialise in insuring the younger driver; insurance companies such as these will sometimes offer cheaper premiums when it comes to insuring a young driver and this should be taken advantage of rather than just going with any insurer.
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