Drivers between the ages of 17 and 24 get stung with some of the highest car insurance premiums of any group. This is because statistically, they are more likely to be involved in an accident than drivers of any other age.
Despite this, there are plenty of ways to make sure you don't overpay for your cover as a young driver. We'll go through some top tips, and help you compare quotes so you can get the cover you need at a good price.
In This Guide:
- Why is car insurance more expensive for drivers under 25?
- Can under-25s get cheap car insurance?
- How to get cheaper car insurance if you are under-25
Why is car insurance more expensive for drivers under 25?
Younger drivers are much more likely to be involved in car accidents than older drivers. Mainly this is down to a lack of experience, but accident figures suggest drivers under the age of 25 are also more likely to drive inappropriately fast and get in accidents that way.
Whatever it is, that increase risk means more expensive insurance.
In addition, younger drivers are less likely to have had the time to build up a no claims bonus. Of course, this applies more to drivers closer to 17 than 25.
Can under-25s get cheap car insurance?
Controlling for other factors you'll always pay more than an older driver if you're not yet 25. But this doesn't mean your insurance has to be expensive.
Cheap cover is available for under-25s, it just means it's more important than it might otherwise be to compare different car insurance policies.
How to get cheaper car insurance if you are under-25
There are things that you can do to lower the cost of your cover by making yourself more attractive to insurance providers. Below we have outlined a number of ways that will help you to make your car insurance cheaper.
Ways to save on car insurance for under-25s:
- Car choice – make sure you choose a car that is in a lower insurance group band to avoid paying a high premium.
- Security – the more securely you keep your car, the lower your insurance policy is likely to cost. For example, if you keep your car in a locked, private garage then it will be safer than if it is kept parked on a public road.
- Black box – telematics insurance policies provide fairer prices for young drivers by monitoring how you drive through a device fitted to your vehicle.
- Named driver – by adding an additional driver to your policy who is experienced, such as a parent, you may be able to reduce the cost of your policy. However, make sure you are honest about who the main driver of the vehicle is. If you lie your policy will be invalidated when you go to claim.
- Advanced learning – you can improve your driving skills after you pass your test by paying for specialised driving courses, such as the government’s Pass Plus scheme. Insurers may see you as lower risk if you can provide evidence of completing an advanced driving course, reducing the cost of your insurance policy.
- Voluntary excess – when you claim on insurance, the first part of the claim is paid by you. By increasing this excess, you can decrease your premium. However, make sure that you can afford the amount of excess you choose.
- Mileage – when choosing an insurance policy, you will be asked by the provider to state how many miles per year you will be driving. Make sure that you give an accurate estimation as often people over-pay because they estimate far more miles than they actually drive.
- Clean licence – if you pick up any penalty points the cost of your insurance will increase. Make sure you drive responsibly.
- Pay upfront – by paying your annual insurance upfront rather than in monthly instalments you can reduce the total amount you pay.
- Compare – use our helpful comparison tools to compare car insurance providers and find the best deal for you. Taking the extra time to compare could save you hundreds of pounds.