Being a young driver is a tricky business these days, you’re automatically branded dangerous and your insurance costs way more than you can afford but unfortunately there’s just nothing you can do about it.
Young drivers (17-24 years old) are at a much higher risk of crashing than older drivers. Drivers aged 17-19 only make up 1.5% of UK licence holders, but are involved in 12% of fatal and serious crashes.
Data on British drivers shows that:
- Drivers aged 16-19 are more than twice as likely to die in a crash as drivers aged 40-49.
- One in four 18-24 year olds (23%) crash within two years of passing their driving test.
- Young male drivers are involved in many more crashes than young female drivers.
Tips on insuring young drivers
- Don’t modify your car – Any modification you make will impact the premium so are best avoided all together especially performance enhancing, factory options are also classed as modifications. If you do modify or buy a modified vehicle the insurer must be made aware for the insurance to be valid.
- The combination of car, engine size and value all impact car insurance cost. For young drivers the best options are generally engine capacity of 1.2 or under with no sports markings so a basic model….. not normally the 1st option for an excited first time driver.
- Add an additional driver/drivers to the policy (preferably parents) with clean driving records even if they wont use the vehicle – This can sometimes reduce the cost/overall risk
- Never add a different main driver to a young drivers policy instead of them, this is known as fronting and is fraudulent and if a claim occurred the insurance could be invalidated.
- Newer models can reduce the cost of insurance as they tend to have better security, for older models, fitting a security device may help, fitting an alarm or immobiliser (especially Thatcham approved).
- Low mileage can also reduce the premium so don’t over allow, try and calculate how many miles you would do per day/week and give this figure.
- Some insurers offer discounts for advance driving tests like Pass Plus so worth asking.