Curse of the Less Experienced Driver

It seems that wherever young and inexperienced drivers are found they all have one wish in common, to have a lower car insurance premium. In the past decade young driver insurance rates have increased dramatically due to several reasons which will be mentioned throughout the article, the most affected young drivers are males since studies show that women of the same age tend to avoid accidents thus being less of a financial burden to insurance companies.

Getting a lower payment on car insurance for relatively young drivers is a laborious process but is not impossible, reading all the relevant information and taking a few extra steps can literally cut an insurance premium in half. A common factor which tends to increase the cost of auto insurance regardless of the driver's age is the location, it is estimated that a person living in a crowded-fast moving area is more likely to be involved in an accident than someone who lives in a peaceful town. Other than the location factor, all other variables can be worked out in order to lower the premium.

The following are some of the best methods young car drivers use to lower insurance costs in the UK:

1. This first method is the most commonly used resource among young drivers, you can opt to be included in your parent's insurance policy as a secondary driver, this way the payments won't be as high as having yourself as the primary policy holder. In order for this method to work you must be living with your parents.

2. Make sure the take the advanced "Pass Plus" driving which will help you reduce your payments considerably. It is important to know that there is no preparation material for this test, the only tool you are taking with you is your driving experience which will be put to the test in different driving conditions.

3. You can also opt for higher deductibles, for instance, lets assume that you are entitled to a standard £300 deductible, you may be able to increase it to £500 and get a lower payment but be very careful with this method since increasing the deductible only means that if you get involved in an accident the amount "out-of-pocket" will be higher. While this shows the insurance company you are a responsible person, you need to be responsible with your own budget to make sure you can handle this self-imposed amount.

4. Before even buying a car, do an extensive research comparing car models to their correspondent insurance premium. As a new driver, it is recommended to start with an inexpensive car with basic security features. If you buy a luxury car it has been estimated that such vehicles are more likely to be targeted by thieves and in case of an accident the repair costs are higher than that of any other car.

If these methods fail to decrease your payments you can apply for "pay-as-you-go" car insurance. Regardless of the method you decide to use, the best tool to lower young driver's car insurance payments in the long run, is to show responsibility when driving and making policy payments.