If you are looking forward to buy
young driver’s car insurance, there are chances that most of the options you come across would be expensive. One of the prime reasons for the cost of young driver’s motor insurance premium being high is the increasing rate of accidents involving young drivers.
To insurers, motor insurance for inexpert drivers means high risk. However, irrespective of the high premium for such insurance plans, if your ward is driving on road, he/she needs to be covered under young driver’s car insurance. So can you buy a good motor insurance plan for your ward at cheaper rate? Yes. How? Take a look:
1. More the expensive car, higher will be your premium amount. Your ward is new on roads, avoid giving him control of cars like BMW. Any vehicle with sporty features will cost you high on premium.
2. Keep the car registration number and other details handy for online comparison of young driver’s car insurance premium quotes. You can use these details to create premium quotes offered by different motor insurance providers and accordingly make your choice picking the cheapest premium with maximum coverage.
3. If you already hold a motor insurance policy with a particular car insurance provider, try buying car insurance for your ward from the same provider. Often, multiple policy holders tend to get discount from insurance companies.
4. Try to find out about the discounts available, if any. Often
motor insurance companies offer discounts on their plans. Try to find out the criteria to avail the discounts. If you are eligible make sure to avail the same.