Car Insurance For Young Drivers

How to get the cheapest insurance for young drivers

One of the easiest ways to get low cost young driver insurance is to look for a small engine size such as a 1.2 or lower. This should also mean you will pay less for tax.

Young drivers should consider looking for a basic model to lower servicing costs - avoid 4 wheel drive and turbo charged models. This is particularly important when considering insurance for young male drivers, who are already likely to have high premiums.

Also consider what type of journeys you will be making: e.g.will it be short trips, or long trips to university and back? The number of miles will have an impact on the premium, although the first few thousand miles are likely to have less of an impact.

Finding the best insurance for young drivers

It is vitally important to balance the cheapest young driver insurance quote against the best young driver insurance cover when choosing your policy. Legal cover, lost key cover and wrong fuel cover are all optional extras that may make a car insurance deal better than the rest.

Another hot topic for young drivers is the practice of sharing with an adult and becoming a named driver on the adult's insurance policy (usually a parent with a good no claims bonus). If genuinely sharing the car, this is a legitimate practice and can reduce premiums significantly. However, if in reality the car will be used by the young person, this is known as "fronting" and can invalidate the policy (as well as potentially exposing the young driver to claims of fraud!). It is also worth considering whether it is cheaper in the long run for the young driver to build up a no claims bonus, which is not usually possible as a named driver.

Getting your young driver's insurance under £1000

If your quotes are stuck over £1000, there are a few things you can do to get the premium down. Adding a voluntary excess is a good way to reduce the overall cost, but can make the car insurance more expensive in the result of an accident - try out a few quotes online to get the best offer. Where you store the car also can have an impact on the cost of the policy, so if an alternate space such as a garage is available, consider storing your car elsewhere.