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How Can Young Drivers Get Cheaper Car Insurance?

August 19, 2023
3 Min Read

As a young driver, your car insurance rates will be higher. This is because you won’t have a lot of years of experience on the roads. Because of this, insurance companies charge more in order to cover the risk. However, most of us don’t earn a lot of money in our younger years, so this can be quite a challenge to navigate.

 

With that being said, let’s take a look at some of the different ways that young drivers can get cheaper car insurance.

Look for a Quote a Few Weeks Before You Need It

If you compare insurance plans at the very last minute, you will often get charged higher rates.

Go for a Black Box Policy

When you are comparing young driver insurance policies, one thing you will notice is that black box insurance plans are a lot cheaper. If you have never heard of a black box insurance plan before, this basically means that a black box will be fitted to your car to monitor your driving.

 

A lot of people assume they will get penalized for every little error but it does not work like this. While your driving is monitored, you will only get charged a higher rate for lots of careless driving. Plus, being safe and responsible is a good thing, right?

 

You can save hundreds per year if you opt for a black box policy, and it certainly makes sense to do this until you have a few years of driving experience under your belt.

Compare All of the Policies Out There

Shopping around certainly makes a big difference when it comes to insurance. Do some digging online until you find the best deal. However, do not forget to take into account factors like voluntary excess, as this is all going to impact how much you end up paying in the end.

Consider Getting Someone Else’s Name Put on the Insurance Plan

Aside from the tips that we have discussed so far, you may want to consider adding your parent or another older and more responsible driver to your insurance plan. This is recommended because it can often result in the cost being lowered. It is not always the case, yet it is definitely worth trying to see whether or not this has any sort of impact on the premiums you are being quoted.

Opt for a Low Insurance Car Model

There are a lot of great luxury cars on the market today but you should always be mindful of the impact your car choice is going to have on the insurance you pay.

Pay Annually if Possible

Last but not least, virtually every car insurer will offer you a discount if you pay for your insurance per year rather than paying per month.

 

So there you have it: some of the different ways that young drivers can secure cheaper car insurance rates. We hope that the advice and tips that we have provided you with above will help you when it comes to taking out your next car insurance policy.

 

 

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