MSN
Cars - Car insurance for young drivers
The
good news is that you’ve passed your test and are eager to get on the open-road
and embrace the freedom that motoring can give you. The bad news is that
statistically you’re at a high risk of having an accident; you have less
experience of driving and decision making than other motorists. People in your
age group – not you obviously! – can be impetuous and eager to show off – both
of which tend to be enemies of road safety. Young drivers are disproportionately
victim to theft, fire and vandalism.
If you are a young driver looking to insure your first car, you probably already know that young drivers face some of the highest car insurance premiums around. What you may not know, is that there are a few things you could do to bring down the cost of car insurance in your first years on the road.
First of all, you may ask why insurance premiums are so high for young drivers and cheaper for older drivers. A look at the road accident figures helps explain why insurers see young drivers as a greater risk than drivers with more experience.