Finding a cheap car insurance for young drivers is very much like trying to find a modified car insurance , it’s definitely not going to be in the park for you. The reason is that insurance companies usually charge higher rates for young drivers. Want to know why? Keep reading. We’ll explain that in the next paragraph.
Why do you have to pay more for your insurance when you’re young ?
It is because car insurance companies shows statiscally that young drivers are more like to be involved in an accident than someone who is more than 25 years of age, which of course puts your insurer in a greater risk. This means that your insurance company will have to pay out more in an event of a claim. Believe me, they wouldn’t want that because it would lessen their profit.
The best thing to do is to search online for cheap car insurance quotes for young drivers , compare them first before signing anything, visit at least 10 websites because the costs varies enormously from insurer to insurer. There are things that you can do to keep your cost of car insurance down and they are:
First thing you might want to consider doing is taking a Pass PlUS test – Pass plus is traing course specifically aimed at new drivers. If you pass the test, usually insurace companies will give you discount, it can be as much as 20% off the total amount of the insurance.
Look for companies who offer discounts to young drivers who have been driving for more than a year- If you are driving your parents car for more than a year now and you already have held your own license normally you’ll be able to get discounts just as long as you haven’t made any claims any insurance companies.
Another thing you can do is not to modify your car, that will just give your insurance company another reason to charge you higher rates which isn’t that thing that you want I assume since you landed on this page.
Lastly, drive safely, avoid being involved in an accident so that your can insurance premium will not go up. Other companies would lower your premium if you don’t make a claim in a year. If you get caught overspeeding this may lead to higher insurance premium as well so just don’t do it, ok?
Again if you want to find cheap car insurance for young drivers, the best way to do it compare quotes from different insurance companies. Usually an insurance company’s website has an online car insurance calculator that you can use to generate a quote so take advantage of it.