Car Insurance for young drivers - keeping costs down
Car insurance quotes for young drivers can seem disproportionately high compared to those of older drivers, and they are often the highest insurance quotes around. It can seem that young drivers are regarded as so 'high risk' that many companies refuse to make them any insurance offers. However, while there are car insurance providers that do cater for young drivers, premiums are still likely to be high. Young drivers are more statistically likely to crash and get into accidents, therefore increasing the insurance premiums for their overall age group by a substantial amount.
As well as getting quotes from individual specialist insurers you may also want to use a price comparison website to ensure you are getting a competitive deal. Price comparison sites will often have young driver car insurance specialist insurers on their panel.
There are a few things you can do to make sure that you are getting the best value car insurance for young drivers:
- Make sure your car choice is sensible in terms of speed and size, as this could save you money on your insurance.
- When choosing insurance, remember that the cheapest cover is not always enough - look around for more than one quote and look at a selection of different companies.
- Avoid making modifications to your car - these will make insurance premiums extremely high
- Many companies allow you to pay off your insurance premiums in monthly instalments, which can be helpful for your budget. However, be aware that some companies charge extra for this option