Best Young Driver Insurance

As a young driver, finding car insurance can be a difficult and expensive task. Insurance providers often view younger drivers as riskier and are therefore more likely to charge higher premiums. However, there are ways to find the best young driver insurance that offers value for money while still protecting you on the road. In this article, we will explore the top tips for finding the best young driver insurance along with answering some frequently asked questions.

Top Tips for Finding the Best Young Driver Insurance

1. Shop around: The first step in finding the best young driver insurance is to do your research. Don’t just settle for the first quote you receive. Use comparison websites to get an idea of what’s available and at what price.

2. Consider a telematics policy: Telematics policies, also known as black box insurance, involve having a device installed in your car that monitors your driving behaviour. In return, you can often save money on your insurance premium by demonstrating that you are a safe driver.

3. Take a Pass Plus course: Taking a Pass Plus course can show insurance providers that you are a safe and responsible driver. Many insurers offer discounts to drivers who have completed this course.

4. Add a named driver: Adding an older, more experienced driver to your policy can sometimes lower your premium. However, it is important to note that this driver must actually use the car from time to time in order for this to be valid.

5. Consider a higher excess: Increasing your excess can sometimes lower your monthly premiums. However, make sure you are able to afford the excess in the event of an accident.

Additional Factors to Consider

When looking for the best young driver insurance, there are a few additional factors to consider:

Policy Type

There are three main types of car insurance policies: third party, third party fire and theft, and fully comprehensive. Third party is the cheapest option but only covers damage to other people’s property. Third party fire and theft covers damage to other people’s property as well as fire and theft of your own vehicle. Fully comprehensive is the most expensive but covers all of the above as well as damage to your own vehicle.

Age and Experience

Age and experience are two key factors that insurers consider. Younger drivers are often viewed as riskier and therefore face higher premiums. Similarly, drivers with less experience on the road may be perceived as higher risk. Consider taking a driving course to demonstrate that you are a safe and responsible driver.

Car Type and Value

The type and value of your car can also have an impact on your insurance premium. High-performance or expensive cars are often more expensive to insure as they are viewed as higher risk. Consider opting for a car with a smaller engine that is cheaper to insure.

Frequently Asked Questions

What is black box insurance?

Black box insurance, also known as telematics insurance, involves having a device installed in your car that monitors your driving behaviour. The data collected is used to determine your insurance premium, which can often be lower if you demonstrate that you are a safe driver.

Do I need fully comprehensive insurance?

It is not a legal requirement to have fully comprehensive insurance. However, it can provide greater peace of mind as it covers damage to your own vehicle as well as damage to third-party property.

Will I lose my no claims bonus if I have an accident?

If you have an accident, you may lose some or all of your no claims bonus. However, some insurance providers offer protected no claims bonuses, which means that you can make a claim without losing your bonus.

Can I get insurance as a provisional driver?

Yes, there are insurance providers that offer policies specifically for provisional drivers. However, these policies are often more expensive as provisional drivers are viewed as higher risk.

When it comes to finding the best young driver insurance, it is important to do your research and shop around. Consider factors such as policy type, age and experience, and car type and value. Remember to also take advantage of discounts and deals that insurance providers may offer. By following these tips, you can find the right insurance policy that offers value for money while still protecting you on the road.