Finding cheap car insurance is not easy when you are 18 years old and just got your driver's license . Being a new driver is a problem when it comes time to insure our first car. Because for novice drivers, the price of Car Insurance is an obstacle to having their own vehicle. Finding Car Insurance for young people can be difficult, that's why we want to offer you some tips that can help you.

Whether we like it or not, even if you manage to pass the driving test, being young is still seen by insurance companies as a risk behind the wheel. Among the types of drivers that insurers distinguish , the new driver is one that has a higher accident rate than the average and that penalizes them when looking for a policy to be able to circulate.

The truth is that there are data that confirm that the accident rate is higher among younger drivers.

 

The Center for Studies "Ponle Freno-Axa" of Road Safety published a report in which it analyzed the frequency of car accidents and among its conclusions highlighted that drivers between 18 and 21 years old have a frequency of accidents of 60.57 % above average.

 

And when the age of the driver was added to the age of the vehicle, this risk was triggered: claims were 142% above the average frequency when the car they were driving had already turned 12 years old. Young people in vintage cars are more at risk for a road accident.

It is an important fact, because many young drivers turn to the second-hand market to buy their first car. That is taken into account by insurers and explains why young people pay more for Car Insurance .

The cost of the automobile policy may even be too high for novice drivers to consider buying a car that, necessarily, must have at least Third Party Insurance to be able to drive.

 

Although hiring Car Insurance for young people is more expensive and complicated, there is no need to be alarmed: there are alternatives so that the policy you are looking for is more accessible and, also, more affordable.

Being affected by risk statistics is a problem, according, although it is always possible to find better prices if we compare between different offers, analyzing the coverage offered by each insurer, and contrasting these services with the real needs of vehicle protection.

At our Insurance Brokerage we have helped thousands of young novice drivers find an insurance company for their first car. And our experience tells us that there is always a good offer for any type of driver.

Thinking carefully about what type of Auto Insurance is convenient and comparing between the different options is key to finding cheap and tailored Car Insurance for any young driver.

What is clear is that for many young people the price is decisive to access the Car Insurance they need. If you are looking to insure your first car with an affordable policy and you do not have much experience behind the wheel, these tips we offer can help you.

 

All young people are attracted to sports cars with 200 hp engines and devilish acceleration. But when we talk about insuring the vehicle of a new driver , it is advisable to look for less powerful models.

The power of the car and its age are two factors that can play for or against the young insured. Surely, by common sense, you may have guessed that insurers prefer that their younger clients drive more ordinary passenger cars or utility vehicles, that they are not too old and have adequate safety devices.

A tip: think carefully if you are worth a brand new car with the newly approved driving license. The Insurance will take into account the cost of repairs and the total loss of the vehicle, and it will be reflected in the policy.

 

There are several types of insurance contracting that you should take into account. If the vehicle is second hand, probably the best option is to take out Third Party or Extended Third Party Car Insurance.

But if you are going to hit the road with a brand new car, it is advisable to opt for Comprehensive Insurance , despite the fact that it is much more expensive, especially as a new driver.

In this sense, it is also necessary to consider the possibility of contracting the franchise policy , which is a way of lowering the price of the premium, assuming part of the risk. If you are not going to make intensive use of the car, it may be the best option.

 

On the other hand, if we seek to make Insurance more accessible, it may be interesting to ask the insurer about the possibility of paying the premium in installments, instead of paying it in an annuity.

The deferred payment of the policy may suppose a surcharge in the price, but it may be that in your personal circumstances, this percentage compensates the possibility of paying the insurance payment every six months. In this post about the payment in installments of the Auto Insurance we give you all the keys about this possibility.

 

When looking for your first car policy , it is important to choose the coverage you really need. The compulsory insurance is essential to drive and probably find guarantees and services that are useful in certain circumstances, but when it comes to saving, it is necessary to refine the choice of toppings.

Many of us have taken our first rides in used cars with a few years behind them, for which it does not pay to take out the Own Damage guarantee , for example. Third Party Insurance, or Extended Third Party may be more than enough. Look, this post gives you an idea of the most interesting coverage of Extended Third Party Insurance .

You also have to take into account factors such as the use you are going to give the car, if you are going to use it for work or just want to move around your environment and take a trip from time to time.

Consider the age of the vehicle, the kilometers you make and the use you make of your car. Think about whether you keep it in the garage or not and if you make long trips or just drive around the city.

Each policy is different, but in any case we must bear in mind that, as we increase the level of services and guarantees, the premium will be more expensive.

Analyze what coverages you really need, and hire the ones that are really essential. An insurance broker can help you in this process.

 

It may happen that, after evaluating the risks, you can not find an insurance company that insures you . It is not normal, but such cases occur.

If it is not possible to insure your first car with a company, it is the Insurance Compensation Consortium that has the responsibility of insuring your car, although the coverage offered by the Consortium is basic and will only cover the Compulsory Civil Liability that is required of all motor vehicles for driving.

In other words, if your windows are broken, your car is stolen or you are damaged in an accident, your policy will not cover it.

This situation is not usual, the normal thing is that you find Car Insurance adapted to the risks that come with being a young driver. In fact, there are Insurance designed for novice drivers , with a coverage offer tailored to the needs of this type of client.

These insurances also tend to reward responsible driving with interesting bonuses and benefits, in order to encourage these younger policyholders to drive with the utmost caution.

 

We are very heavy with this, but it is that comparing Car Insurance saves money. In the market you can find very interesting offers that will help you make the policy cheaper.

Every day, the professionals of  compare different insurance proposals for our clients, with the aim of finding the best prices. If the time has come to insure your first car, they help you calculate your Auto Insurance to find the cheapest option and with the coverages you are looking for.

In our Insurance comparator you can compare the cheapest policies for the group of drivers with less than 25 years. In addition, it is very easy to test it, since just by filling out a form we compare the best Insurance offers for you and we get the policy you need at the best price.