New Driver Insurance

Buying your first car is amongst the most exciting times in your life. Finally, you think, you will have the freedom to go where you want and do what you want. Then real life brings you to a crashing halt with one word; money. Not only have you got to pay for the car and the petrol and the road tax, there is question of insurance to consider.

No matter how many different insurers you go to and no matter how many different prices you compare, the facts remain the same; if you are a young driver, particularly a young male driver, then you are going to have to pay out a lot to insure your car- maybe more than you actually paid for the car itself!



It is always the case that insurance, no matter what it is you are insuring, is calculated on how likely it is that your insurer will have to make a payout. They assess how much of a risk you are to take on and then charge you accordingly. Young drivers, because they are inexperienced, because they sometimes like to flout the laws that exist because they feel invisible, or perhaps simply due to bad luck, are more likely than any other category of driver to have an accident and thus, as such, they are more likely to have an accident Thus, your insurer knows they may end up having to shell out money to an injured party involved in an accident if they have you on their books- clearly this would not be a good way to boost profits and keep business looking healthy and so they have to charge you higher premiums to ensure that they can cover any eventual pay outs which may need to be made.

Being a young driver also means that you don’t have things such as no claims bonuses which can help vastly reduce the amount you have to pay. Whilst price comparison websites and a good search around all the different quotes which are available will help you find the best price the sad fact is that you are just going to have to bite the bullet and pay for the insurance; it may be expensive but not having any will turn out to be much more costly further down the line.

We have so far focussed on young drivers but of course people learn to drive at all different ages and so many new drivers may be looking for insurance who aren’t actually young and this presents a different set of problems. One of the main facts is the same as before that, when you are new to driving, you won’t have the no claims bonus to protect you and thus your premiums will be higher; however, when you get over the age of about 25 your premiums will fall considerably and thus, even as a new driver, you will likely find yourself getting cheaper quotes than your younger counterparts do.

Another important point to consider is what type of car you intend to be driving once you have passed; insurance isn’t only insuring you as the driver and other users on the road; it’s insuring your vehicle as well. Thus, if you get an old banger that looks like it’s held together with paperclips and luck then you might find yourself paying out more than if you’ve just bought yourself a new car. If you have a car that could end up being dangerous to other road users or might well fall apart if it crashes and be a write-off then clearly your insurance company is going to take this into consideration. Many people, in an effort to save money, feel compelled to lie on their insurance forms or, at the very least, to twist the truth a little bit. This, whilst it may seem like a great money saving idea at first, is not to be advised; you will get found out and no insurance company is going to want to deal with you if you have vomited what could ultimately amount to insurance fraud.

It is best to just tell the truth and bite the bullet. Ultimatley, if you are safe on the road and are fortunate enough not to be involved in any accidents then you should see your premiums start to come down; especially if you keep shopping around for the best deal every year. Don’t be tempted to just get the legal minimum as well- third party insurance might be cheaper but it really won’t protect you or your vehicle at all if something should happen. Get lots of quotes, compare what each company is offering and then make the decision which is going to give you the best level of protection.