Home - Contact Us - Guest Book - Ebooks - M-Board

Car insurance young driver

For young drivers, obtaining car insurance has often been a frustrating experience due to the sky-high premiums. It is a fact that younger drivers generally make more claims than their older counterparts, in part due to their lack of experience, and as such many insurance companies seem to price them out of the market. However, more and more insurance companies are attempting to offer advantages to young, safe drivers. For example, some UK motor insurance companies have introduced a rapid bonus scheme, which runs for nine months rather than twelve, so the year's no claims bonus is obtained more quickly and the next year's premium reduces more quickly as a result.

Other companies offer young driver insurance, which will provide flexible payment options and cover for provisional licence holders.

The Pass Plus scheme is also a great way for young drivers to save cash over the long term. Pass Plus is a certificate option that follows a passed driving test giving the young driver specific lessons in night, motorway and town traffic driving that could be avoided in regular driving lessons. Achieving the Pass Plus can earn massive discounts (as much as 35%) on your car insurance.

Another suggestion for a young driver would be to add a parent to their policy as a named driver. An older, more experienced driver can cut costs. The reverse is true for parents looking to add teenagers to their policy. However, if it is unavoidable a way of reducing the cost is to minimize their insurance to a set period of time - for example during the holidays.

Let’s not beat around the bush, young driver car insurance is not going to be cheap. It may seem unfair when you’ve just passed your test and saved up to buy your first car, but car insurance prices are set according to risk, and statistics show that younger drivers are more likely to have an accident than older, more experienced drivers.

Young driver car insurance

considered a high risk not just because of the driver’s age, but because they are new to driving and have little on-the-road experience. Statistics show that young drivers in the UK have more accidents than older drivers, and that you are more likely to have an accident in the first two years of passing your test than at any other time.

Higher instances of theft, fire and vandalism also contribute to the high risk level associated with young driver car insurance.

To manage the cost of young driver car insurance, choose a car with a smaller engine and look for online discounts. But beware of the temptation to insure your car in your parents’ names and drive as a named driver; if you ever needed to make a claim your policy could be invalid.

© Copyright 2007 Insure-yourcar.org offers Great information about Vehicle (cars, motorcycles, bicycles, trains, ships and aircraft), Save money when shopping for your vehicles, How to choose your auto insurance, How to get loans for your vehicle with the least amount of money , How to buy your new or used car, Get list of the best used and new car with there description and gallery, Please help support our free ads by linking to our site.