The harsh reality is that if your age falls in the 18-25 age group, you have to pay more for car insurance than drivers in other age groups. The reason is that young drivers are riskier. Hence they have to pay thousands of pounds more, which is beyond what most teenagers can afford. It does not seem fair to penalize teenagers who have not yet commit any traffic offences or are safe drivers though.
Statistics have shown that teens are in the high risk group and is a liability. According to national statistics, one in every five new drivers in the United Kingdom have a motor accident within six months of getting their driving licenses. Statistics also show that an 18-year old driver is ten times more like to be involved in an accident than a driver over the age of 30. For this young age group, the latter is 17 times more likely to get into an accident between 2am to 5am than any other times.
Male drivers pay more car insurance than female drivers because male drivers drive more often than females.
Young drivers tend to be over-confident and brash. Being young, they do not have enough experience to make good judgement on the road. They think they are invincible and take unnecessary risks. They like speed and they impatient. They like to impress their peers and girlfriends with their prowess on the street.
Even if you are a safe driver, you still have to pay more. That is quite unfortunate.
However all is not lost. There are still ways to get cheap car insurance for young drivers which you’ll soon find out. For example, a smaller car will cost less, in terms of insurance cost and road tax. Drive less, the less mileage, the cheaper the cost. Install safety and security features on your car. Ensure your car has safety belt, air belts, and anti-thief locking devices. After you pass the basic driver test, go for an advanced driving course. Include an older person as a named driver. Even the address of your car has a bearing on the cost because they want to know if the residence has a high or low crime rate and will assess the probability of the car being stolen. The model of the cars is also a factor as some popular models are more popular targets with car thieves. Instead of getting a luxury car or a fancy sport car, get a normal production car. The more expensive the car, the higher the premium.
If you follow the above tips, you will definitely be able to save on your car insurance.