Young drivers are considered to be risky on the road due to their lack of driving experience. Insurance companies usually charge higher premiums for such drivers. If you are a young driver, you do not have to be worried about this because there are many things that you can do to get cheap insurance for your car. These tricks will not only work for young drivers only, but also for any driver.
Raise your excess
Raising your excess to a higher limit will reduce your car insurance costs by a significant amount. Raising the excess or deductible shows that you are a responsible driver and thus, insurance companies will definitely reward you for that. When you raise the excess amount, even if you are a young driver, you tend to pay lower premiums. In the event of an accident, you will be required to pay that same amount of excess before the insurer can pay the claim.
Maintain a clear driving record
This is one of the main factors that insurers consider when they rate policies, as a young driver who wants to pay cheaper insurance, you need to be very careful with your driving. Try to reduce or cause accidents by as much as possible so that you get a good discount on your next renewal. You can pay up to 15% less premiums than other young drivers if you do not get involved in accidents.
Buy a cheaper car
Buying a cheaper car that is simple can cost less to insure, whether you are a young driver or not. As a young driver, you may need to consider this as another way of paying very cheap car insurance. If you however, buy an expensive car, expect to pay higher than normal insurance because insurers can consider you as a big risk. Are you a young woman? If you are a young woman driver, you have a special advantage over your male counterparts. Women, whether young or not considered as lower risk drivers because they are more careful when it comes to how they drive and their behaviour on the road. They are not violent in nature and do not get involved in competitive driving. So, if you are a young lady driver, you will pay auto cheap insurance than other young male drivers.