The young drivers, irrespective of their genders, are accident prone in the UK and they make a claim. It is not that easy to get a cheap insurance for young drivers and it may give you the feeling of impossibility. But plenty of ways are there that will cut down your extra costs.
Just go through these following tips that will help you find out a young driver car insurance at cheap rate.
1. Cheap Insurance for the young drivers
While you are looking for the first car of your life, buying a car insurance along with it often becomes a big issue due to its cost. There are various car insurance policies in the market and all the cars belong to these different types of car insurance. The young male or female drivers, who drive extremely faster with expensive cars, a perfect car insurance is important for them.
2. Steer clear of car modifications
Young drivers love to go for various modifications in their cars and the wheels of alloy and other body kits attract them. But these modifications increase the amount of premiums in higher range. So, the young drivers need to be aware of those factors while using fast cars. If you have made your mind to modify your car, replace them with cheaper ones, or this will increase the premium amounts.
3. An extra driving qualification helps you:
If you have an extra driving qualification, this will help you getting a cheaper car insurance. Paying your car insurance up front will save your money from the monthly payment.
4. Pay your premium every year:
Go for the payment of your premium on the basis of every year since it is cheaper to pay the premium for the whole year in advance than monthly payment. So that you will avoid the charges of monthly interest and it will save a certain amount.
5. It is better for you to increase your excess:
When you choose to pay a higher voluntary excess, it reduces the cost of your car insurance. But first you need to make sure whether you can afford the payment of the excess after having an accident. According to statistics, the young drivers generally claim within the first year of driving, and with it you will end up paying the higher voluntary excess.
6. Consider the level of cover as per your need:
The Comprehensive car cover is the costly type of car insurance ever as in case of accidents it covers both car and other vehicles. The basic level of cover is Third-party cover that covers all the claims against you when you are involved in an accident as well as injuring someone and the cost of repairing or replacing the car of someone else, but you cannot do the same for your own.
7. Third-party is the wrong assumption of getting best insurance for young drivers:
As per the Association of British Insurers, fire premium along with the average third-party and theft premium are found to be much more expensive than the cover that is comprehensive since younger drivers take it mostly for getting a larger claim. But it is better not to find a cheaper car insurance alone.
8. Add a named driver, no ‘fronting’:
The cost of car insurance can be reduced, if you add the extra name of a driver to the car insurance policy. You will be more benefited if your driver is experienced and older on the road.
But you should never put a parent’s name in that policy along with the young driver as a named one when they are meant to be the main driver in reality. This is called ‘Fronting’ which is not only illegal but will result in rejection of the car insurance policies.
9. Security is increased and risks are limited:
The features for car security, like alarm, will help you find a cover at a cheap rate. If you park in a garage, car insurance can be cheaper, for the insurers take this as a way of limiting the risks in future. But this cheaper insurance will be possible in no way if you leave your car in the park for children.