It’s no secret that young and inexperienced drivers have the highest insurance premiums. As a first time driver, that can be a daunting prospect.
However, there are things that you can do as a new driver to keep your premiums down.
For example:
Choose cheaper cars to insure – Compact vehicles with smaller engines are less expensive to cover than bigger cars with more powerful engines.
Avoid modifications – Not only do mechanical modifications increase the value of the car – meaning increased insurance costs – but those that improve performance can increase the likelihood of an accident.
Many insurance providers void policies if illegal or undocumented modifications are found on the vehicle after a crash. Any modifications must be declared. However, remember that modified cars are more expensive to insure.
Avoid modifications – Not only do mechanical modifications increase the value of the car – meaning increased insurance costs – but those that improve performance can increase the likelihood of an accident.
Many insurance providers void policies if illegal or undocumented modifications are found on the vehicle after a crash. Any modifications must be declared. However, remember that modified cars are more expensive to insure.
Consider additional qualifications – Courses offered after passing your test – like the Pass Plus scheme – reduce your premiums because you’re viewed as more experienced and qualified, and less of a risk to insurers.