As a new driver, you can face a hefty insurance price when it comes to getting your first car.
Although the price of new drivers will always be higher than it is for those with more experience and years of no claims, there are ways to lower the cost.
This guide will take you through all of the most effective ways to keep your car insurance affordable as a new driver.
Add a named driver to the policy
Car Insurance for new drivers does not have to be extortionate, no matter the car. If you live with someone older than you, such as a parent, who also has a license, you can add them to your insurance policy as a named driver to reduce the price.
The insurance provider will see an older and more experienced driver sharing the vehicle, and using it for some of the time, and may offer a cheaper price.
Drive a car with new technology
Autonomous car technology is due to reduce the number of car accidents due to the reliability and safety features it uses to keep the car in the lane and away from hazards, which will reduce insurance premiums in years to come.
Thus, it may be cheaper to drive a newer car, or one with modern technology like this, as the risk of accidents will be less. Similarly, ensuring your car is fitted with safety features could reduce the cost.
If your car is fitted with an alarm, immobilizer, or another security device, the insurance provider will see there is less risk of theft, which will help lower the price.
Paying your insurance in a full payment instead of monthly may reduce the costs. If you pay on monthly basis insurance companies claim extra charges for paper documents and official works.
Alter your cover
Depending on how much you can afford, you may want to consider what type of cover you want. The most expensive type of car insurance is Comprehensive car insurance which covers both your car and other vehicles if you have an accident.
On the other hand, Third-party covers the cost of repairing or replacing the other person’s car, but not your own. You can assess how long you drive and these coverages are essential for you or not.
Be a safe driver
If you can prove to your insurance company that you are a safe driver, they will lower the price of your insurance. For example, you can prove how many miles you cover per year and not have any accidents.
These factors will have a significant impact on your insurance price and bring it down each year you prove that you are a safe driver. Or, you could install a black box that allows insurance companies to track your mileage, and you pay less the fewer miles you cover.