It’s no secret that young drivers find it tough to secure cheap car insurance. Now however, their hopes have taken another blow with several insurers refusing to even offer youngsters quotes.
The car insurance companies in question are Axa, More Th>n, Swiftcover, Marks & Spencer and Saga. Each company claims the cost of insuring young drivers is simply too expensive to be deemed worthwhile.
So what does this mean for young motorists?
Well, even though there aren’t as many car insurance companies willing to offer them quotes, they should still make the effort to shop around so they can compare as many policies as possible.
The easiest way to do this is by utilizing a car insurance comparison tool. By entering a few of your personal details, these online tools will retrieve quotes from dozens of insurers with one simple search - allowing young drivers to gain a clear perspective on the policies available to them.
Another hint is to search based on the car you drive - searching for ‘Ford car insurance’ for example, could help you save cash.
From there, young drivers should take every step possible to reduce their premiums. One popular method of reducing costs is to add an older relative on to the policy - with their permission of course, whilst building up the level no claims bonus, demonstrating you are a safe driver, is the most effective way of lowering the cost of car insurance.
Another step is to enhance the security of your car by fitting approved alarm systems and steering wheel or gear-stick locks. Also keep the modifications of your car to a minimum - any enhancements to your car will almost certainly lead to higher premiums.
Advanced driving courses, such as the Pass Plus scheme, are another way to secure cheap car insurance However, the first step should be to shop around by manufacturer name, such as Ford car insurance, to find all the car insurance companies that are willing to insure you.
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