Drivers under the age of 25 tend to be seen as a high risk group by car insurance providers. This is because they have less driving experience, so are more likely to be in an accident. For many new drivers, this means that their car insurance premium can be high.
However, below are some of the steps that may be taken to possibly reduce the amount that they may pay for their young drivers car insurance.
Get a Few Quotes
It may save a young driver money to get quotes from as many insurance companies as possible. The Internet endeavours to make this easy with car insurance price comparison sites that tend to provide several quotes as well as also provide the insurance companies product details that the young driver can study.
Compare Car Models
Some cars are less expensive to insure than others. The more expensive a car is to repair, maintain and is valued at, the higher the insurance on it is likely to be. Before purchasing a car, consider how much is will cost to insure. A sports car, while it looks fun and exciting, may cost more to insure than a small family hatchback with a less powerful engine.
When it comes to young drivers car insurance, how secure a car is may have an impact on the premiums. Anti-theft devices such as alarms, engine immobilizers and tracking devices fitted to cars may result in a lower premium as the car is less likely to be stolen making it less likely that a claim will occur.
Think Carefully Before Modifying a Car
Insurance companies may increase premiums if a car has been modified in some way such as equipping the car with alloy wheels and trim kits.
If you can afford to pay a higher voluntary excess in the event of a claim then your premium may be lower.