Average Insurance For New Driver

It is very expensive to insure a 16 year old driver premium costs decrease significantly after young drivers turn 20 they still pay nearly 100 more than do the average driver in the u s.

Average insurance for new driver. While you may pay slightly more for insurance than another driver your age who has been driving for years you re still likely to be paying less than half as much as a new driver who is 18 20 years old. Average car insurance rates by age and gender for the early 20s when you hit your 20s your rates start to drop but you ll still pay more than most drivers until you reach age 26. In order to determine what a young driver will typically pay for comprehensive car insurance we gathered quotes for a sample 18 year old male driver with a full uk licence who drives a 2015 ford. While driving courses such as pass plus or iam make you a better driver they won t always save you money on your car insurance policy.

Between the high cost of insurance and the average driver spending over 1 000 on driving lessons at a cost of 23 per hour long driving lesson being a young driver is not cheap. In fact the average person won t see any difference in premiums whether or not they have pass plus on their licence but that doesn t mean it can t benefit anyone at all. Younger or inexperienced drivers might be able to save a few quid but it s. Yet despite the eu directive which prohibits insurers from assessing a driver s risk based on their gender male drivers are still paying more on average than female drivers.

There is the higher probability of a relatively inexperienced driver being involved in an accident so it s no surprise that the average premium the amount of money you actually pay to an insurance company for coverage of drivers aged between 18 and 20 years is 972 according to data from the association of british insurers abi. According to the association of british insurers abi drivers aged 18 20 pay an average of 972 per year for car insurance whereas drivers aged 31 35 pay an average of 426. Young drivers lack of driving experience and tendency to make poor decisions behind the wheel like speeding and texting while driving means car insurance companies charge these drivers higher.