How to get young drivers insurance at the cheapest price


Looking for the cheapest young drivers insurance? You're young, ambitious and hard working, and you've saved long and hard for that Ford Focus RS in the dealer's window. Prepare yourself for a shock; you may be able to afford the wheels but the insurance premiums would bankrupt you!  You may well be the safest and most careful driver on earth but you are under 25, or worst still under 20, so the insurance companies will group you amongst all the nutters who tear around the streets like demented wasps thinking that they, and they alone, are immune from the laws of gravity. Your eye watering premium will reflect this.

So okay, what do you do to get the cheapest price? The reason why young people have to pay so much for their car insurance is because as a group they are more likely to have accidents, and those accidents are likely to cause more damage and injury than would normally be expected with older and more experienced drivers. The insurance companies base their premiums upon the expected risks that they face; if you want to cut the premium you need to cut that risk as much as possible.  Fair enough, you cannot change your age and it is unlikely that you can change your postcode or job either; two of the other main factors that they base their calculations on (and please don't be tempted to con them over these, they are wise to tricks like that). There is still a great deal you can do however to show that you will be an acceptable client of the insurance company and that they will not be likely to lose money on you. If you follow this list of recommendations you will find that the premiums you are quoted could fall very substantially indeed.

Get a price comparison from Go Compare's price comparison site; it should only take you about ten minutes  and it could save you a great deal of money as well as make sure that you get all the cover you need whether you are going for third party or fully comprehensive cover.

Click here for a Go Compare price comparison

1) forget about driving a souped up hot hatch for the time being, they attract awful premium loadings. Go instead for a small car with a small engine and make do with that for a year or two until you have built up a decent no claims discount which can make a huge difference to future premiums

2) buy as cheap a car as you can get, subject to it being completely roadworthy. The joy of a cheap car is that a few knocks and bumps won't really make a great deal of difference to its value so if you back it into your garden gate or scrape the wing on a rubbish skip you could forget about making a claim, which could make future premiums skyrocket, and pay for the damage out of your own pocket or just ignore it completely.

3) pay for your annual premium in full up front. Lots of insurance companies will allow you to pay monthly but pretty well without exception they will charge you a hefty fee for the privilege.

4) offer to pay a higher voluntary excess; this is the money that you would pay out yourself in the event of a claim and the higher this sum the lower your premium is likely to be. Some insurance companies give an extremely large discount to young drivers who take on large voluntary excesses but you have to make sure that the amount you are prepared to pay is affordable.

5) keep your nose clean! That means no speeding, no dangerous driving and strictly no driving with alcohol or drugs inside you. A conviction could make future premiums soar off up into the stratosphere, even if you could get insurance at all so please, please don't do it.

6) use a top comparison website to find your quotes, because this way they can check many, many different insurers for you at the same time and although it can take a bit of time to fill in the application form they need all the information that you can give them in order to find the cheapest quotations, and the 10 minutes that it would take could save you literally hundreds of pounds or even more. The Tesco website not only checks quotations from most of the major car insurance companies in Britain but it also gives you a chance to try different combinations of important factors like your maximum annual mileage or voluntary excess so that you can see what effect these would have upon your quotations, and they also include details of monthly repayments as well as annual ones so you could work out the cheapest way of spreading payments over the year if you are a bit short of the readies at the moment.