Car Insurance For Young People
Insurance for young drivers is typically high because they re less experienced on the road and are statistically more likely to be involved in an accident than older drivers.
Car insurance for young people. Young drivers are statistically more likely to be involved in a serious road accident. Why is car insurance more expensive for young drivers. Use our step by step guide to find out how you can cut costs. Just take these stats cited road safety charity brake.
But with the average car insurance cost for a 20 24 year old over 900 yr premiums are still eye wateringly high. Each car is assigned an insurance group number from one to 50 with one being the cheapest to insure and 50 the most expensive. We understand that younger drivers with limited driving experience need to be given a chance to get on the road and start building up their own no claims bonus. The main reason car insurance for young drivers is so expensive is the risk the insurer takes statistics show that young drivers are more likely to be involved in accidents than drivers over.
Your choice of car is important. The cost of car insurance for under 25s has dropped a bit this year because of coronavirus as lockdown has meant there ve been fewer claims. Both are more than 500 below the average representative prices for our young adult driver profiles in our rate study of the nation s largest insurance companies. In 2018 47 of reported road accidents in the uk involving drivers aged 17 to 19 resulted in casualties and 46 involving drivers aged 20 to 24.
At liberty insurance we want to give young drivers the opportunity to get a fair quote and great cover for car insurance. We know from years of experience that it s your attitude to driving backed up by the way you actually drive that makes you a safer driver not just the car you drive or where you live. Car insurance for young drivers is always going to be expensive but there are some ways to reduce your premiums. A male young adult driver profile could expect to pay 1 094 per year for their car insurance policy through usaa.
The female profile has a study rate of 1 038 per year. You ll find great deals on young driver car insurance here at 4 young drivers. Insurance designed with young drivers like you in mind if there is one thing we ve learned about insuring young drivers it s that one size definitely does not fit all. You ll benefit from all our specialist industry knowledge and many years experience in finding cheap car insurance quotes for new and young drivers giving you access to some of the uk s leading insurance companies.