Young Driver Cheap Car Insurance

Getting Cheap Insurance For Young Drivers

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Young Driver Insurance Company

Recommended Insurer For Young Drivers

Co-op Young Driver Insurance

The Co-op offer an ideal package specially for UK drivers aged 17 – 24, which is also the best value for money. This is the best because if you are a safe driver you can prove it and get big discounts. Your car will be fitted with a smart box to monitor your driving, and every 90 days your driving is assessed. If you drive well you will get an immediate discount every time it is reviewed. This is the best way to avoid being tarred with the same brush as reckless drivers and get a fair price that reflects your driving. An imaginative and very effective solution to the problem of being charged more because of the way other people drive.

Just visit the website and click on 'Quote and Buy' to start your application.

About Young Driver Insurance

If you are a young driver and have just passed your driving test, you may have already had a nasty shock when looking for cheap car insurance. As you are probably aware by now, there are many companies out there offering to insure young people under 25 and even teenagers, but some of the premiums quoted are absolutely eye watering.

You will not find any sales pitch on this website because I do not sell any insurance product, but what you will find is good, unbiased advice on how to go about finding affordable insurance for young drivers and a r ecommendation for the company that I think offer the best deal at the moment (see above). You will also find this site a useful source of other information relevant to those who are learning to drive or who have recently passed their test.

There are understandable reasons why insurance for young drivers costs more, which I will go into next, but there are things you can do to mitigate some of those risks and get your insurance premiums down. You may well find that it costs you more to get insured when you have passed your test than it did when you were taking lessons. This reflects the fact that after passing your driving test you are in total control, without anyone supervising you, and you have the freedom to drive in more high risk areas such as motorways.

There is nothing you can do to change the fact that you do not have years of experience behind you, or a long track record of no accidents, but there are still steps you can take to improve your situation substantially.

Young Driver Cheap Car Insurance - Why Does It Cost More?

Insurance is all about risk. The companies who offer to insure young drivers are weighing up the chances of them having an accident, and having to charge enough in premiums to come out with a profit after paying out for any claims. The fact is that young drivers do have more accidents than older people, which in turn costs the insurance companies a lot of money in claims. They need to cover this increased cost by charging you more, otherwise they are out of business. I think that’s quite enough sympathy for insurance companies!

The point is that the prices they charge you are based on the statistical evidence about how often young people have accidents. The facts show that young drivers are a high risk group in terms of road accidents. Did you know that a third of all fatalities in road traffic collisions are caused by drivers between the ages of 17 and 25?

The most high risk period for accidents is known to be the first two years after people pass their driving test. In fact about 20% of people will be involved in an accident within their first year of driving. Also, if you think about the kind of things young drivers use their cars for, compared to older people, you can begin to see some of the reasons that the risk increases. Driving groups of friends around on social occasions and between parties, etc, is quite a different kind of experience to doing the weekly shop or going to and from a daily job.

Insurance - Young Drivers - How To Reduce Costs

Insurance costs for young drivers are always going to be higher than for more experienced drivers, so there is no point pretending otherwise, but there are things you can do to help get costs down. As far as statistical evidence goes, there is no greater guarantee of an expensive accident than combining a teenager and a sports car. Most teenagers can not afford expensive sports cars (isn’t it one of life’s awful ironies that when people can afford to buy a sports car they are usually too old to look cool in it?), but even if they could, many insurance companies would decline to even offer cover at all.

Insurance - Young Drivers - Choosing The Right Car

Flashy sports cars are an obvious example of the most high risk and therefore expensive end of the insurance scale, but the same principle applies to more regular vehicles. The single most important thing you can do to reduce your insurance for young drivers is to choose a car in a low insurance group. It may not be as cool as you would like, but if you look at the insurance groups and go for a small car in the lowest group it will make a huge difference to the premium. Use this to get a good accident-free track record and then get the car of your dreams a bit later when your insurance costs go down.

As well as the insurance group and engine size, the actual cost of the car is important too. A car that costs less to replace will cost the insurance company less if you wreck it, so your premium will be less. Therefore you should go for something a bit older and cheaper. Just make sure that older does not mean unreliable or fatally flawed. This all sounds terribly unappealing, but smaller, older, less expensive cars are the way to affordable insurance for young drivers.

Young Driver Cheap Car Insurance - Getting The Right Policy

The type of insurance you go for will obviously have a big impact too. You can save a lot by going for third party only insurance, and if your car does not cost a huge amount in the first place this becomes less of a concern. Fully comprehensive insurance for an expensive car will push a young drivers insurance right up.

The excess on your policy can have a big effect on your premium too. If you are able to agree a larger excess on your policy the insurer may offer a substantially better deal. The excess is the amount that you have to pay yourself towards the cost of any claim. So if you had an excess of £100 and you made a claim for £500, you would only receive £400 back from the insurer.

Once you have your insurance and you are a regular driver, make sure you do not make any claims unless they are really necessary. Consider the best way to deal with any minor bumps and scrapes, as it may be cheaper in the long run to pay for any damage yourself. This is because making a claim will push your insurance premiums up further, which could cost you a lot more in the future.

Another way to get a hefty discount on insurance for young people is to gain the Pass Plus qualification. This is a training course for young drivers that will be recognised by insurance companies as making you a lower risk person to insure.

Young drivers can feel confident with auto insurance from www.21st.com - a smart option with affordable coverage.

Insurance - Young Drivers - Words Of Caution

No review of insurance for young drivers would be complete without referring to the option of using your parents car insurance. This is only legal if you plan to occasionally use your parents car. If your plan is to be the main driver of a car and just use your parents to get cheap cover, this is a high risk game known as fronting.

You will be committing a criminal offence and the insurance company can refuse to pay out if you have an accident. The other, very practical reason for not doing this is that you will be delaying the process of building up your own no claims bonus. You need to have insurance under your own name in order to establish a track record of being an accident free driver, which will in turn bring your insurance premiums down.

However bad you think things are, you should never entertain the idea of driving without insurance. This is a very high risk, irresponsible approach and could have very serious consequences for you and others. If you are caught, there will be the possibility of fines and being banned from driving, and you may find it impossible to even get insurance at all after that.

Other Interesting Sites:

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Articles Of Interest:

Young Driver Cheap Car Insurance

Advice On Finding Young Drivers Car Insurance

Getting Cheap Insurance For Young Drivers

View The Recommendations For The Best ValueYoung Driver Insurance Company

Young Driver Cheap Car Insurance

Recommended Insurer For Young Drivers

Co-op Young Driver Insurance

About Young Driver Insurance

Young Driver Cheap Car Insurance - Why Does It Cost More?

Insurance - Young Drivers - How To Reduce Costs

Insurance - Young Drivers - Choosing The Right Car

Young Driver Cheap Car Insurance - Getting The Right Policy

Insurance - Young Drivers - Words Of Caution

Articles Of Interest:

View The Recommendations For The Best Value
Young Driver Insurance Company