Blog


Best Car Insurance Tips for Young Drivers


Image Source: Flickr

If you’re a new driver between the ages of 17 to 25, the chances are you’ll be looking at a very expensive insurance bill. However, there are things you can do to find the right cover for the right price. Read our top tips and tricks to be ahead of the game before spending cash you may not need to!

Pick Your Level Of Cover

Saving money usually boils down to how knowledgeable you are on the service/product. When you’re searching for car insurance, the same applies. To ensure you get the most bang for your buck you must have a good level of understanding of the options available and what they involve. Each policy will vary, so do your research on the all the different types available and work out which is best for you. Once you’ve picked your level of cover, the real search begins.

Shop Around

No matter how good of a deal you think you’re getting, it can likely be beaten by another insurer, which is why it is vital you shop around and get some quotes to compare. The more effort you put in, the better deal you’ll end up getting.

Cut Costs

Once you have a rough guide of what you’re expecting to pay and which companies offer the cheapest and most suitable policies, you can decide on ways in which you can cut the costs even further. There a plenty of ways you can push costs down, but these do not come in a one-size-fits-all package.

The most common way to cut costs is to avoid paying in monthly instalments, especially if the insurer is adding interest on top. Another is to pay a voluntary excess, which will lower your premium when added to your compulsory excess, but will also mean you pay more if you were to make a claim.

Many people prefer to simply benefit from the named driver no claims discount, which can be accessed by adding your name onto the policy of someone else. If you do choose to do this though, you should consider being a second driver to someone over the age of 25.

Certain insurance companies will consider lowering costs if the driver has attended and completed an advanced driving course. Check this with your insurer and if it makes for a lucrative deal, consider booking one beforehand.

Carry Out Policy and Insurer Checks

Insurance companies will provide you with write-up of the policy before you buy but, simply down to laziness, many people are still caught out by scams and fakers. The only way to know for sure that you’re covered is to read the policy in full before signing an agreement and carry out proper checks on the insurer to see if it is authorised with the FCA.

Covering all avenues and aspects of insurance will stand you in good stead for getting a lucrative deal, helping you to drive safely and enjoy your first car for far less than you may have first expected!