Car Insurance for 21 Year Olds
As a 21 year old, you’re still likely to face premiums higher than someone over 25 but, especially if you’ve been driving for a few years already, you’ll be pleased to see that your costs will have fallen from the dizzying heights they reached when you were just 17.
This is especially the case if you’ve built yourself up a no claims discount in the few years since you passed your test.
Read our guide and then head over to our comparison page to find the best deals available on car insurance for 21 year olds.
Why is car insurance expensive for 21 year olds?
Statistically, drivers aged between 17 and 25 are the group most likely to be involved in some kind of accident on the road. Not only this but the accidents cause by 17-25 year olds tend to be the most severe as well. Indeed this group is responsible for a third of all of the fatalities on the road in the UK.
When it comes to insurance, these statistics translate into jacked up premiums, reflecting the higher probability of the insurance provider having to pay out for a claim.
Unfortunately for younger drivers, car insurance simply will be relatively expensive, but while there is no escaping paying above average costs, you don’t need to break the bank. We’ll show you how to make what savings you can in the next section.
How can I get cheap car insurance for 21 year olds?
Cheap car insurance for 21 year olds starts with the choice of vehicle. A smaller car with a smaller engine will cost less to insure than a high performance 4X4 for example.
By keeping your car safe and secure by, say, keeping it parked in a garage instead of on the road, you’ll find your premiums reduced.
The next step will involve your choice of policy. Two great ways to cut the costs of insurance are to opt for either a black box policy or a named driver policy.
Black box technology allows the insurer to build up an accurate profile of you as a diver, monitoring your speed and performance, then tailoring the premiums to fit the profile, rather than basing them on statistics that paint you, as a young driver, in a bad light.
If you’re not the main driver of your car, you should consider becoming a named driver on someone else’s policy, saving money on premiums but often sacrificing the possibility of building up a no claims bonus.
You should be careful not to do this if you are actually the main driver however. This is known as ëfronting’ and if you’re caught doing it you will invalidate any claims you make and potentially end up with points on your license.
Whatever kind of policy you feel is best for you, if you compare car insurance quotes for 21 year olds by using our quick and simple comparison tool, you’ll find the best policies available at the best prices.