Monday, July 30, 2012

Do You Need a Degree to Find Cheaper Car Insurance for Young Drivers?

So should you hang up your driving gloves until you turn 25 are or there ways to reduce the cost of car insurance for young drivers?

The Good News

The good news is - yes there are some ways of reducing the cost of insurance even for teenage drivers. The costs of car insurance for young drivers are based on statistics that show they are the most likely to be involved in accidents. Generally this seems to be due to lack of experience and over-confidence.

Insurers themselves admit that they are less than willing to offer insurance to those under 25 simply because of these facts. However, as young drivers are increasingly finding themselves priced out of the market, insurers are trying to find ways to help to reduce the cost.

One of these methods is the introduction by some insurers of a smart box system that can be fitted to most models of cars. The box monitors the skills and speeds of the driver and for good drivers it can mean car insurance costs are slashed. Not available from all insurers as yet, it does seem likely that most will begin offering the scheme in the coming months.

In The Meantime

While you wait for more insurers to offer this scheme there are some simple ways to reduce the cost of car insurance for young drivers. The costs are high because of safety fears so proving you are a good driver despite your age bracket is the best way to cut the cost of your premiums.

The simplest way to do this is to take an advanced driving course when you have passed your test. The Pass Plus course is designed for new drivers and demonstrates experience of more advanced driving skills. These include night driving, driving in poor weather conditions, motorway driving and driving on country roads.

None of these skills are required to pass your driving test and the pass plus course offers you the chance to show that your driving skills are of a higher standard than average. The course can cost about £150 - but many insurers will offer discounts of up to 35%. Check that your insurer does offer a discount before taking the course - and if not visit some comparison sites to find a new insurer that does!

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