How To Find Cheap Car Insurance For New Drivers

Finding Cheap Car Insurance For New Drivers

The Basics of Car Insurance

Car insurance is a legal requirement if you wish to drive a car on the road. It is designed to provide financial protection to both yourself and other drivers if you are involved in an accident. It covers damage to the vehicle, medical expenses and, in some cases, damages to other people’s property. The cost of car insurance can vary greatly depending on your age, driving record, the type of car you drive and the coverage you choose. New drivers are generally seen as a higher risk and therefore may face higher premiums. However, there are ways to find cheap car insurance for new drivers.

Shop Around for Quotes

The first step in finding cheap car insurance for new drivers is to shop around for quotes. Different insurance companies may offer different rates depending on the level of risk they perceive you to be. It is important to get multiple quotes and compare them to find the best deal. You can use online comparison sites to do this quickly and easily. It is also worth speaking to an insurance broker who can provide you with advice and help you find the best deal.

Choose an Affordable Car

The type of car you drive can also have an impact on the cost of your insurance. It is important to choose an affordable car that is low risk and won’t cost you a lot to insure. Smaller, older vehicles tend to be cheaper to insure, so it is worth considering these if you are looking for a new car. It is also worth avoiding expensive extras and bells and whistles that you don’t need.

Consider a Black Box

Black box insurance is becoming increasingly popular among young drivers, as it can help to reduce the cost of car insurance. A black box is a small device that is installed in your car and monitors your driving. It records data such as speed, braking and cornering to provide an accurate assessment of your driving. This data is then used to calculate your insurance premium, with better drivers being rewarded with lower premiums.

Look for Discounts and Savings

Insurance companies often offer discounts and savings to new drivers, so it is worth looking out for these. It is also worth speaking to any family members who may already have car insurance to see if you can get a discount for being added to their policy. Some companies may also offer a discount for taking a defensive driving course, so it is worth asking if this is available.

Increase Your Excess

Increasing your excess is another way to reduce the cost of car insurance for new drivers. This is the amount of money you are willing to pay towards any claim before the insurance company pays out. By increasing your excess you can reduce the premium, although this should only be done if you are able to afford the excess if you need to make a claim.