Going cheap for young drivers car insurance
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.
Young people, because they
are inexperienced drivers and greater risk-takers behind the wheel -
and this is especially so for young men - are, as a group, more
expensive to insure. Finding low cost young
drivers car insurance, then, requires some compromises in terms of
cover if young people are to avoid an excessive car insurance bill.
What are these compromises? Well, the first is in going for a modest
car when you buy it. A small car like a Corsa is ideal as it is in the
lowest car insurance group and is therefore as cheap as you can go in
terms of car insurance cost. While insurance companies don't have to
take account of a car's car insurance
group in calculating the premium,
they invariably do and the savings acrued over a number of years as the
new young driver starts out will be significant.
If you increase the voluntary excess, that reduces the cost of young
drivers car insurance but you would need to be willing and able to pay
this amount if you need to claim.
The UK broker, Endsleigh, provides cheap young drivers car
insurance and is well worth a look. Alternatively a price comparison
site will help to reduce costs by comparing numerous young
drivers car insurance policy prices for you.
To avoid huge expense, it is usual for young drivers to accept more
basic cover without any extras that are not essential 'core' features.
This can shave over a hundred pounds off the cost when identifying
these kinds of policies through a price comparison site.
A word of warning here, however. The more basic you go for young
drivers car insurance, the more cost that is unmet by the insurer if
you claim. Many young people struggle to meet the costs of running a
car at the best of times and being overly economy-driven in terms of
the choice of policy could be a mistake if you simply cannot afford the
costs that come to you in an accident.
In the case of young drivers car insurance in particular,
it is not wise to assume that you will never need to claim; so you
should always plan your cover on the basis of making a claim, given
that you are, after all, a high risk group. What this means in practice
is that while pragmatism is wise in making your policy choice, you
should also know what your minimum requirements are in terms of the
cover you will want.
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