Car insurance Guide
The Car Insurance Guide written for the Young Driver. Everything the young person needs to know to make the best decision when they take out car insurance.
Types of car insurance
Before you get a Quote!
In an Accident!
Young Driver car insurance Guide
Young driver insurance – Young people pay a really high premium on their car insurance this is because they are far more likely to be involved in a road accident when compared to other driver groups. Find out here the best ways to reduce insurance costs for young drivers.
Types of car insurance – There are two main types of insurance available to young drivers, they are Comprehensive car insurance and Black Box/Telematics driver insurance. Other kinds of insurance such as “Third Party” and “Third Party Fire and Theft” are not favoured, for young drivers, by the Insurance Companies.
Telematics car insurance – Car insurance for young car drivers, a Black Box is fitted in the car and monitors the way you drive, safe driving is rewarded with cheaper insurance premiums. (This insurance is also referred to as Smart box car insurance, Drive safe car insurance, GPS car insurance, and Clear box car insurance.)
Top tips for lower car insurance – Despite the high cost of insurance for young drivers there are some basic things you can do, such as taking a larger “Excess” to reduce the cost of your driver insurance.
What do insurance companies look for? – These are the main things that the insurer will consider when working out your insurance cost. When you apply for the insurance, how you answer the questions will establish how much you will have to pay.
No Claims Bonus – Nothing will reduce the cost of your car insurance more than your No Claims Bonus, if you drive without an accident for the first year you will receive a 30% discount, after 5 years this could reach 70% reduction in your driver insurance premiums.
How to make an insurance claim – What should you do if you are involved in a car accident? Find out how to proceed if you need to make a claim on your car insurance policy.
Car insurance Groups – Young drivers who buy a car in a low insurance group rating will pay less for their insurance. This will help to reduce the cost of driver insurance in those early years of driving.
Car insurance jargon –What are the main terms used by the insurance companies when you apply for car insurance? Excess, No Claims Bonus Protection or Underwriter! What do they mean? All the common car insurance terms are explained here.