Guidelines for buying young driver car insurance and how to quickly boost your no claims bonus.
Cheap young driver car insurance can prove to be notoriously hard to find – but don’t fear. BAMBIZ.BIZ has produced this simple and effective guide to helping all young drivers find the best policy for their needs.
Young drivers can end up paying significantly more for their car insurance than other groups for the main reason that there is an increased likelihood of a claim. However, we have outlined below a number of ‘young driver friendly’ UK car insurance companies who offer highly competitive rates and who can help young drivers build up their no-claims bonuses quickly.
As a young driver looking to insure a car, it is often the case that premiums will be relatively high. There are however, things that you can do as a young driver to help yourself get the cheapest possible car insurance and to ensure that the cost of your policy is kept to a minimum.
These include the following:
- Buy a car with lower engine capacity
- Ensure your car has no body modifications
- Install an approved alarm system
- Consider if you will be parking off-road (e.g. in a garage or driveway)
- Consider taking the Pass Plus exam
- Shop around. Don’t forget that some companies may reduce the cost of their young driver car insurance policies if you think you will be doing low mileage.
- You also have the option of only going for Third Party cover rather than Fully Comprehensive that can often lead to substantial savings.
Getting drivers training can help improve rates sometimes as well. I wrote about Teenage Car Insurance with some similar tips and a few different ones.
Teens need to drive safe and smart to lower their rates over time.
While I’m not in the UK, in the US there are companies giving discounts if you allow monitoring devices in the car to monitor the teens driving. Not many insurance companies look highly on young drivers so it’s important to find a good insurance agent that can help you.
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