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Car insurance for young drivers

Other ways to save on your car insurance The premiums mentioned above, all assume that the car is parked on the road at night. However, there are steps youngsters can take to bring the cost of their premiums down. The three main ones are undertaking a Pass Plus course as soon as you pass your test, including a parent on your policy as a named driver and parking your vehicle in a garage overnight. These steps alone can cut premiums by hundreds of pounds – for example an 18-year-old female Citroen Saxo driver in London could knock more than £600 off her premium with these steps alone. Here are some additional money saving tips:

Shop around – The Association of British Insurers estimates you could save as much as 35% on car insurance by simply shopping around. Use a car insurance comparison website to compare rates
Buy online – The majority of car insurance providers offer discounts to customers that buy policies online.
Mileage limit – Agree to a mileage limit or to only drive at certain hours of the day (such as avoiding rush hour). Norwich Union offers a pay as you drive scheme which reduces premiums by around 21% if youngsters drive only during off-peak hours.
Car security – Add Thatcham approved car alarms to earn discounts.
Drive a car with a smaller engine – Think about the car you drive. A newer, reliable car that is less likely to be used by ‘boy racers’ will earn cheaper premiums.
Do not let parents ‘front’ a policy – Though adding a parent as a named driver is a good money-saving tactic, don’t insure the car in the parent’s name with the son or daughter as a named driver. If the insurance company finds out, you will invalidate a claim and could be charged with fraud.

For more money-saving ideas check out our car insurance guide.

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