How Can First Time Drivers Save Money On Car Insurance?

It’s All About Shopping Around

Getting car insurance as a first time driver can be a daunting experience. It’s hard to know what to look for and how to secure the best rate. The good news is that, with just a little bit of research, you can find great coverage for a reasonable price. The most important thing to remember is that it’s all about shopping around. Don’t just accept the first quote you get. Speak to a range of different companies and compare the services they offer. You may be surprised at just how much money you can save.

Stick to A Budget

Set a budget for yourself and keep to it. It’s a good idea to use the internet to compare quotes and get an idea of average premiums for drivers of your age and experience. Once you have a rough idea of what you should be paying, you can start to look for the best deal. Don’t be tempted to pay more than you can afford, or to sign up for a policy with features you don’t really need.

Choose The Right Vehicle

If you’re a first time driver, the type of vehicle you choose can make a big difference to the cost of your premiums. Generally speaking, the newer and more expensive the vehicle, the higher the insurance will be. It’s a good idea to opt for something older and more basic that won’t break the bank. If you’re only going to be driving short distances, you may want to consider a smaller car that’s more fuel efficient.

Take Advantage of Discounts

Insurance companies often offer discounts to first time drivers. These can include everything from multi-policy discounts to good student discounts. It’s always worth asking your insurance provider what discounts they offer and seeing if you qualify for any of them. Even small discounts can make a big difference to your premiums.

Increase Your Deductible

Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Increasing your deductible can reduce your premiums significantly. Just make sure you have enough money saved in case you do have to make a claim.

Keep It Clean

Make sure you keep your driving record clean. Minor speeding tickets and parking violations can add up over time and push up your premiums. It’s always worth keeping an eye on your record and trying to stay on the right side of the law.