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In This Guide:
- Car insurance for under-25s
- Can under-25s get cheap car insurance?
- How to get cheaper car insurance if you are under-25
Car insurance for under-25s
Young driver insurance policies are often rather expensive, as drivers between 17 and 25 are seen as the riskiest drivers on the road. In fact, a third of all road accidents involve drivers between these ages.
Unfortunately, this means that insurers place high premiums for under-25s as they are one of the most likely groups to claim on insurance.
For more information on car insurance for young drivers you can read our full guide here.
Can under-25s get cheap car insurance?
It will be hard to find insurance policies with cheaper premiums for under-25s. On average, under-25s face more expensive insurance premiums than other age groups.
If you are under 25 and don’t need to use your car regularly then you may want to consider short term car insurance, rather than an annual policy. If you will only be using your car a few days a year then it may work out cheaper. You can read more about short term car insurance here.
How to get cheaper car insurance if you are under-25
If you are a young driver then you will expect to pay high insurance premiums. However, there are things that you can do to lower the cost of your car insurance. 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 insurance providers and find the best deal for you. Taking the extra time to compare could save you hundreds of pounds.