Compare Young Drivers Car Insurance Quotes

Car insurance for young drivers

One key factor considered by car insurance firms when deciding a person’s premium is their age and subsequent driving experience. For younger drivers car insurance is almost always more expensive as the risk of an accident is higher when someone has only recently passed their test.

Why do I need car insurance as a young driver?

Car insurance is a legal requirement and once you have passed your driving test and plan on driving your car, it should be your first purchase. The bare minimum insurance required in the UK Drivers in the UK is third-party car insurance as part of the 2006 Road Safety Act. The only exception to owning a car and foregoing insurance is if your car is legally registered as off the road with a SORN or in the process of being sold or bought.

There is no specific policy for young drivers to purchase and like other drivers, it’s best to shop around or compare multiple brand offerings in one go.

Some factors that directly influence a young person’s inflated premiums are mostly linked to their increased likelihood of being in a serious accident. For example, a newly qualified driver has less road experience and has encountered fewer situations behind the wheel than someone who has been driving for many years. In addition, risky behaviour is generally more common amongst younger drivers often due to peer pressure.

Young drivers have three levels of car insurance to choose from:

Third party only

This gives you the minimum requirement to drive a vehicle legally in the UK and covers other people on the road that you come into contact with (including drivers and pedestrians), but does not provide any cover for you or your vehicle.

Third party, fire, flood and theft

In addition to the third party cover, this also covers your vehicle for any damages and replacements relating to fire, flood and theft.

Fully comprehensive

This is the highest level of cover available for car insurance and covers theft, any damage to your vehicle from third parties, fire or floods and any personal injuries to you too.

Car insurance for young drivers under £1000

Many people who have bought their children’s car also choose to buy their first few years of insurance especially given the perceived hefty price tag for young drivers. Many parents will want to keep car insurance for young drivers under £1000, but is this possible? There are several ways to keep car insurance prices down for all drivers including newly qualified drivers and those under 25.

One way to reduce the costs of many types of insurance products is to increase the voluntary excess should an accident occur. Those with driving convictions may find this option appealing as a way to bring down their premiums.

If you have the option to keep your car in a more secure location such as a locked garage as opposed to leaving it out on the street, you may be able to reduce your overall insurance price in line with reducing the theft risk of your vehicle.

A telematics or as it’s more commonly known, black box, can significantly reduce premiums by tracking a person’s driving habits and behaviours behind the car wheel. Black box technology is an attractive choice for young drivers as their own personal driving habits can help influence their price rather than being perceived as younger and therefore more reckless.

In most industries, there is usually a financial benefit to paying upfront for a large sum as opposed to monthly payments. Car insurance is no exception and generally, it is cheaper to purchase insurance and pay the year’s fee in one transaction instead of spreading a potentially higher cost out over 12 months.

Cheapest cars to insure young drivers

A young driver is someone who passed their test less than a year ago due to being regarded as inexperienced. In addition, if you’re under 25 you are also classed as a young driver.

Car insurance premiums in the UK went up by an average of only 1% in the first three months of 2024, unfortunately, they are currently the highest they have ever been, according to the Association of British Insurers (ABI).

Insurance brokers will consider the make and model of a person’s car when deciding their insurance premium. For example, certain car models are more prone to theft, and are involved in more accidents and others are generally more difficult to repair.

There are certainly cars that are more expensive to insure because of the above factors, however, are there any that are automatically cheaper to insure? A quick online search to check a car’s assigned insurance group will give you a good indication of how pricey the associated premiums will be. All cars are allocated a group rating ranging from 1 to 50. The rating is generated with a few key factors in mind including; the car’s price when new, the safety systems that are included and what security features it has or does not have. With this in mind, when looking for young drivers insurance start your search by looking at policies for a car in a low insurance group, it should have acceptable premiums.

Temporary car insurance for young drivers

Some people require car insurance only for a very brief period and in such circumstances, require a temporary policy. If you’re only seeking insurance for less than 24 hours, perhaps a week or just for a few months, then a temporary car insurance policy is worth considering. Taking out a temporary policy will often cost less than investing in an annual policy and cancelling it. This process often incurs admin fees which can build up the price.

If you plan on borrowing somebody else’s vehicle, purchasing temporary car insurance is often a good option to ensure you are covered as you don’t need to amend the car owner’s existing policy which can be arduous and, if something were to happen, you wouldn’t affect their no-claims discount.