Passing your test and getting your first car is an exciting time, but the cost of car insurance for 18 year olds can really put a dampener on things and for many young drivers, it’s an expense they simply can’t afford.
But there are lots of steps you can take to get affordable insurance so if you want a great deal then make sure you follow these tips.
The car you drive
According to the statistics, young drivers are more likely to have an accident than those who are older and have more experience, which means teenagers end up paying more for car insurance for 18 year olds.
If you want to give yourself the best chance of getting a good deal then the car you drive is very important. Cars are grouped into one of fifty categories based on a number of factors which include how expensive the vehicle is, how much parts cost to replace, how difficult they are to repair and the speed and size if the engine.
As a young driver if you own a fast and expensive car you’re even more likely to be involved in an accident in the eyes of the insurer, so opt for a modest vehicle that’s not too fast if you want to reduce your insurance costs.
Modifications are like a red flag to a bull for insurers so don’t be tempted to make changes to your car. Even a respray can be classed as a modification so avoid anything that changes the appearance of the car or makes it faster.
If you can’t live without your double exhaust and alloy wheels then make sure you always inform your insurer of any changes you intend to make as they will probably affect your policy. If you fail to tell your insurers about a modification and you need to make a claim you could find that it gets rejected.
Finding cheap car insurance for 18 year olds
If you’re buying insurance for the first time then take time to find out what the different types of policy need. You can choose basic insurance that covers on the road, right up to policies that offer things like replacement cars if yours breaks down.
Decide exactly what you need and what you can live without before you start your search because you’ll be able to get more accurate quotes if you know what you’re looking for.
Use price comparison websites to find quotes from lots of different companies in the same place. You’ll also be able to learn about any deals and discounts that insurers offer. For example many insurers offer money off for students or reward you for adding named drivers to your policy.
Once you’ve chosen the insurance you want make sure that all the information you give to the insurer is correct and that you know exactly what you’re covered for or you could run into trouble when trying to make a claim.