The No Claims Bonus can give a big annual saving reaching as high as 60 to 75 after five years. Weve now done this research for the third time and its revealed that the cheapest time to get car insurance quotes is 23 days ahead of your renewal date though any time between 19 and 25 days ahead doesnt change the price by much.
Its in insurance group 1 meaning its a good choice for first time car insurance.
Cheapest insurance for first time drivers uk. Each of these first-time drivers faces a similar challenge when it comes to finding cheap car insurance. Ad Search Insurance First Time Drivers. Get Results from 6 Engines at Once.
All drivers have got safer in the last few years and younger drivers have shown the most improvement but young drivers are more likely to be involved in accidents than drivers over the age of 25. When insurers calculate the risk you pose inexperience tends to push the price up. Just make sure you can afford to pay out 200 if you need to.
But we dont believe in stereotypes and try to give new and young drivers more affordable first-time driver insurance. Ad Search Insurance First Time Drivers. Take out Black Box Car Insurance.
We first looked at this back in 2018 when we revealed 21 days ahead was the cheapest time to get car insurance quotes. Statistics have shown that drivers under the age of 25 whove recently passed their test are more likely to be involved in an accident. Obtaining cheap first time Car insurance for young drivers can be difficult but Think Insurance know ways to help you save.
Figures from the Department for Transport in 2018 show that around one in five new drivers are involved in a crash during their first year on the road. With Black Box Car Insurance you can prove to your insurer that you deserve to get cheaper car insurance even for a new driver. If youve just passed your test your car insurance will usually cost more than an experienced drivers.
To generate estimated auto insurance prices for new drivers The Zebras research team used two driver profiles methodology. Hyundai i10 For those on a slightly smaller budget the Hyundai i10 starts at 8595. Just take these stats cited road safety charity Brake.
Insurance for young drivers is typically high because theyre less experienced on the road and are statistically more likely to be involved in an accident than older drivers. Buying car insurance for the first time There are lots of different options available when buying car insurance and some of the options available may seem a little confusing. First-time drivers pay 872 on average for their car insurance in their first year on the road.
First things first weigh-up how and when youll use your car and then look at quotes based only on that information. A black box or telematics insurance policy can be the most affordable way for some young drivers to get insured whether youre a new driver or youve been on the road a little while already. Drivers aged 17-19 make up just 15 of UK licence holders but theyre involved in 9 of serious and fatal.
Through LittleBox Admiral doesnt let inexperience hold first. Youre less likely to be involve in an accident. New drivers benefit as LittleBox allows them to make up for their lack of No Claims Bonus on their first-time insurance policy.
Get a quote today If youre experiencing financial difficulty due to Covid-19 and want to discuss how we can help please email us at covidhelpthink-inscouk. Get Results from 6 Engines at Once. The compact i10 is easy to.
Why is car insurance for new drivers so expensive. One driver is a teenager on their parents policy and another is a 30-year-old driver previously uninsured. Weve teamed up with Marmalade to create an amazing annual black box policy offering instant cover no night-time curfews better rates for careful.
While inexperience plays a big role in the cost of car insurance for new drivers even more important is the fact that most new drivers are young drivers between 18 and 24 years old. Statistics show that younger drivers are generally involved in serious road accidents in fact in 2018 over half of all road accidents involving drivers aged 17-24 resulted in casualties higher than any other age groupsThis is why insurers generally lower the cost of cover when you turn 25 as youll be less likely to make a claim. Car insurance for new drivers can often be expensive – find out why and how to reduce the cost of car insurance for new drivers by following our key advice.