Car Insurance for Teenagers
By Rachel Wait on Tuesday 10 November 2015
How do I get cheap teenage car insurance quotes?
Unfortunately, one in five drivers are involved in a crash during their first year on the road. Now, not everyone learns to drive when they turn 17, but statistics do show that teenagers are more likely to be involved in accidents and make claims on their insurance than older, more experienced drivers.
Until this year, male teenage drivers bore the brunt of this, paying more for cover than their female counterparts, but there have been some big changes in how insurers price their policies which mean those days are over.
The EU Gender Directive
The high cost of car insurance for teenagers
As well as the introduction of the EU Gender Directive, we’ve also seen the introduction of Continuous Insurance Enforcement legislation, which means even vehicles not being used must be insured, unless they are declared as off the road with a Statutory Off Road Notice (SORN).
But there are still people who continue to flout the law and drive without car insurance, and it’s pushing up costs for the rest of us. The Motor Insurers Bureau says that uninsured drivers cost insurers up to £500million a year, adding £30 to average, law-abiding motorist’s premiums
Get cheap car insurance for teenagers
For example, taking an advanced driving course such as Pass Plus will colour you as a more responsible driver in the eyes of some insurers. The high premiums faced by teenage motorists reflect their relative experience on the roads, so any courses which give you more experience should be rewarded with cheaper teenage car insurance cover.
However, you should never set up a policy with an older friend or relative as the main driver and yourself as a named driver if you’re really the main driver. This is known as fronting, is illegal and could invalidate the policy, or worse, earn you a conviction for driving without insurance.
If you’ve just passed your test and you’re car shopping, bear in mind that the more valuable and powerful your car is, the more it will cost you in insurance – because it would either be more expensive to repair and replace or it would be more likely to be involved in an accident.
Securing your car with additional security features (think steering wheel locks, immobilisers) will reduce the chances of it being stolen, and earn you cheaper teenage car insurance quotes. Similarly, keeping the car parked in a secure location, such as a locked garage, will also work in your favour.
Take advantage of our car insurance money saving tips to find out how to get cheaper car insurance for teenagers. You can also utilise our young driver car insurance guide to find a more specific guide for people in your age bracket.
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