As someone new to driving, insurance companies will hit you with higher premiums. That\u2019s because they see you as being more likely to have an accident and make a claim. However, there are ways to find discounts, and policies that can lower your insurance costs, while still getting the cover you need. Read on to find out how to get the cheapest car insurance for new drivers.<\/p>
There are no special policies that are only available to new drivers. You can pass your test and become a \u201cnew driver\u201d at any age. But when many insurers refer to new drivers, they\u2019re often thinking about young drivers (between the ages of 17 and 24, say) who have only recently passed their driving test. These drivers are typically less experienced at driving on public roads, and won\u2019t have any driving history for insurers to use in their underwriting calculations.<\/p>
A couple of factors drive up the cost of new driver insurance.<\/p>
Firstly, official statistics show that young, inexperienced drivers are more likely to be involved in an accident<\/a>, and therefore to make a claim, than many other age groups. Insurers bump up premiums to account for the greater likelihood they\u2019ll need to pay out for new drivers.<\/p> Secondly, new drivers won\u2019t have had a chance to build up any years of no-claim driving that prove they\u2019re safer drivers than the age-related statistics might suggest. This means they won\u2019t qualify for a no-claim discount<\/a>.<\/p> It\u2019s difficult to give a categorical answer to this. The cost of car insurance is heavily influenced by age, and you can become a new driver at any age.<\/p> What we can tell you is that, on average, young drivers (under 25) pay significantly more for their insurance than over 25s. This will at least be partly due to their lack of driving experience, which can result in a higher statistical chance of younger drivers being involved in an accident and needing to make a claim.<\/p> For example, someone aged 20 who wanted to insure a car in insurance groups<\/a> 1-10 (some of the cheapest cars to insure) would face an average annual premium of \u00a31715, according to Finder data.<\/p> A 30-year-old insuring an equivalent car would pay well under half of this, with an average premium of \u00a3654.<\/p>How much does new driver insurance cost?<\/h3>
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