Young Driver Motor Insurance

The good news is that there is relatively cheap motor insurance for young driver companies out there who specialise in insuring young driver age groups. Some insurers consider applicants between the ages of 17 and 25.

Why are younger drivers penalised in term of high premiums when buying motor insurance? It is a fact that statistically young drivers are involved in more road accidents than the older generation, therefore, many motor insurance companies increase their insurance premiums accordingly.

Sometimes, if you have claims or accidents or convictions against you, then the only way to get an affordable young drivers motor insurance quote is to consider driving a smaller, older motor car that costs a relatively small amount of money and consider buying third party motor car insurance.

Increasingly, there are also insurance companies such as Elephant who offer a no claims bonus accelator policy which effectively allows you to build up 1 years no claim bonus discount within the first 10 months of the policy provided you don't make a claim of course. The aim of the this type of insurance cover is to help young drivers build up their no claims bonus more quickly.

For those young drivers who can afford to spend significant amounts of money and prefer to buy new or nearly new motor car, it is worth knowing some motor car manufacturers such as Vauxhall, Citroen, Ford or Peugeot may offer free motor insurance on certain new makes and models from time to time. There will be conditions attached so always check the details thoroughly.

If you can't afford a new motor car with free motor insurance and it is time to insure your second hand motor car, consider obtaining quotes from companies or brokers who either specialise in cheap motor insurance for young drivers or those insurers or brokers who offer very competitive quotes.