Cheaper Car Insurance for New Drivers
If you have just passed your driving test then you will know how difficult it is to find reasonably priced car insurance. Regardless of your age, car insurance companies see the new driver market as a high risk demographic, and rightly so. Statics show that 1 in every 5 new drivers has a car accident in the first two years of driving.
Hunting for car insurance can be tough for a new driver, especially as you don't have any 'no claims discounts' to your name. Below are some top tips that will help you in your quest for cheap car insurance:
Pass Plus
Consider taking your Pass Plus after you have passed your standard driving test. The Pass Plus shows to car insurance firms that you have had experience behind the wheel in all driving conditions. The certificate, which is run by accredited driving schools, also teaches new drivers skills such as driving on the motorway. It does cost money to take the Pass Plus but the amount you could save on your insurance far exceeds this.
Choose Your Car Wisely
Insurance premiums for new drivers are massively affected by the car you drive. Stick with cars that have small engines and low insurance groups. You should also avoid modifications, unless they are security based.
Get Insured Under Your Parents
If you really can't afford to insure yourself on your motor then consider getting car insurance under your parent's name. This will reduce your premiums but is not recommended. In the long run its better to take out your own car insurance policy and start building up a no claims discount as this will lead to even greater savings.
Shop Around and Compare
It is highly recommended that you shop around. Car insurance varies from company to company so don't take the first quote offered to you. It is also a good idea to approach specialist car insurance firms who deal with young drivers. They will have experience with new driver insurance and often offer very competitive rates.
Related Articles:
- Learner Driver Car Insurance
- Insuring Your First Car
- Car Insurance for Students
- Using Named Driver Insurance
- Tips for Cheaper Teenager Car Insurance
- Young Driver Insurance
This site is for information only and cannot offer insurance advice for your particular situation.
Consult with an FSA authorised insurance advisor if unsure on any topics related to car insurance.
