Young Persons
Car Insurance from the Car Insurance Supermarket
If you
want to buy cheap young driver insurance right now, we would recommend
going to our article on young
drivers car insurance in our
'Buyers Guide' section that offers
the most useful advice on this.
The harsh reality for those
motorists under the age of 25 is that young persons car insurance
usually comes with a frighteningly high price tag. What can you do to
cut the cost of motor insurance for this group?
In fact, there are quite a few options you can pursue to reduce the
price of young persons car insurance. At the point of
reading this, it may be too late to address the most important
intervention, namely, buying the most appropriate car to begin with.
The insurance industry asigns a car insurance
group number (range: 1 to
20) to every make and model of car. While there is no statutory
requirement for insurance companies to take account of these groups,
they invariably do in calculating the price of your young
persons car insurance policy.
Car insurance group one cars are much cheaper to insure and such cars,
not suprisingly, are the smaller, less expensive cars, like a Corsa.
Buy this type of car and you will undoutedly save hundreds and
potentially thousands, in young persons car insurance
costs.
Your approach to your young persons car insurance policy
features and inclusions is also critical. If you want some impressive
policy features, like, for example, a free courtesy car or the
inclusion of free breakdown cover as standard, you can expect to pay
much more for it.
Many young people make a pragmatic decision to go for a more basic 'no
frills' sort of policy and one such policy is available through Tesco's
Insurance here.
Other strategies to reduce costs would be to increase your Excess
payment and even to consider third party cover only. The latter,
however, is best reserved for where your car is very old and worth less
than your Excess. Even then, we tend not to recommend third party cover
for various reasons reviewed elsewhere on this site.
The more useful services
from which you can select your young persons car insurance cover
have the same thing in common; that is, the opportunity to compare
numerous quotes at once to ensure that you are finding truly
competitively priced policies.
The obvious resources to use, then, are price comparison sites (see
links above) but you can also compare young persons car
insurance specialist companies through the broker, Endsleigh Insurance.
While the above arguments are centred around finding the lowest prices,
do check over the policy or policies you consider to make sure their
cover is right for you.
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