If you’ve just passed your test, congratulations! The first challenge has been accomplished and now it’s onto the next – finding cheap car insurance for young drivers. The fact is that car insurance for young people can be expensive. As a new driver on the road, you are more likely to be involved in an accident than a more experienced driver over the age of 25, and therefore insurance premiums for new and young drivers are calculated to reflect this risk. That’s the bad news. The good news is that Bestmoneysaver can help you to save on young driver car insurance by comparing policies from some of the UK’s most popular car insurance companies. That’s more money to spend on the important things like petrol or those fluffy dice you’ve had your eye on.
First, let’s bust a few myths about car insurance
If you’ve been told that third-party cover is cheaper than fully comprehensive cover, it might surprise you to know that this isn’t always the case. In fact, lots of young drivers are enjoying all the benefits of a fully comp policy that cost them less than third party insurance with the same company would have done.
You might also have heard that it’s cheaper to go direct with an insurance company. It’s a common misconception that comparison services like Bestmoneysaver charge customers a fee to buy insurance through their website, but this is simply not the case. All of the quotes you see on our site come direct from the insurance company. We just make it easier to find them, and our service is totally free forever!
Another important myth to bust is that the cheapest policy isn’t always the best. That’s why it’s so important to understand exactly what insurance cover you are buying and what it protects you against. By comparing cheap car insurance for young drivers using our comparison table, you can see instantly the cover details as well as the price you’ll pay for your insurance, all in one place.
Black box insurance that rewards good drivers
You might have already heard about telematics car insurance, or black box insurance as it is sometimes called. This relatively new service uses satellite technology and a small transmitter device in your car to track your driving behaviour and habits. This information is relayed back to your insurance company and gives them lots of useful data such as your driving style, speed, driving patterns, etc. and allows your insurance company to build a profile. Put simply, if you drive safely and follow the rules of the road, you are very likely to be rewarded with lower insurance premiums. In fact, you could save an average of £385.
Tips for finding cheap car insurance for young drivers
Here are a number of tips and tricks that will help you to find a more affordable insurance policy for a young driver:
Compare car insurance quotes
Bestmoneysaver’s car insurance comparison tool allows you to compare car insurance quotes for young drivers in an instant and find the best policy that suits your budget and motoring requirements. We have built strong relationships with some of the nation’s most trusted insurers, including the high street names you know, love and trust.
Polish your driving skills
The better you drive, the more you can save. The government’s Pass Plus scheme can help to reduce your premiums, as can adding a named driver to your insurance policy. If you consider yourself a good driver, you might want to consider telematics car insurance that rewards good drivers with lower insurance premiums.
Add a named main driver
The main driver should be the person who drives the car the most.
Pay a voluntary excess
You can also save a significant amount of money by paying your car insurance upfront or paying a voluntary excess.
Buying a cheaper car can also cut your premiums
While you may have your heart set on that souped-up coupe, unfortunately you’re going to pay through the nose for your car insurance as a new young driver. It might be better to cool your engines and opt for a cheaper, slightly slower and more economical car for now. Not only will this save you money on the cost of your first car and petrol, but perfecting your driving skills and building a no-claims bonus will gradually make your car insurance cheaper for when you do buy the car of your dreams. Some of the cheapest cars to insure at the time of writing include the Fiat 500, Ford KA and Peugeot 107. They’re nippy, fun and will help you to become accustomed to the road safely without blowing your budget.
Why use a comparison website for cheap car insurance for young drivers?
Years ago, you would have needed to call a number of insurance companies and repeat your details to each one before they could give you a quote. Back then, it wasn’t uncommon for new drivers to spend half a day or more finding the right insurance deal. Then along came the internet and gave us back our time by helping us to track down the best insurance deal in moments. That’s where our comparison engine comes in. Simply enter your details once and we’ll present you with an easy at-a-glance list of the best insurance quotes for young drivers. These are deals from some of the country’s top insurance companies, so you’ll not only save money but get total peace of mind that you are choosing a good quality policy.
Whether you have just passed your test or you are a young driver looking for a renewal quote, we can help you to find the right deal for the right price. It takes moments to compare the latest deals, and our website is also packed with advice on how to bring down those premiums without compromising on the quality of cover.