It is ironic that young people and students are perpetually strapped for cash, yet they have to pay the most car insurance. Although it appears unjust, young drivers have less road experience so, on average, are involved in more collisions than other road users and make more insurance claims. Young drivers sometimes have trouble funding their vehicle cover and some practical steps could help you reduce the cost of your premiums.
When it comes to car insurance for 17 year olds, the model of car you drive will greatly influence your premiums, as it does with all young drivers. If you’re thinking of choosing a car, going for the most basic, low-speed model that will get you from A to B will help you bring the cost of your insurance down. Where you store your vehicle will also impact on your premiums. A vehicle kept inside (for example, in a garage) will be more secure than one stored outside.
As well as these factors, you can also help lower your premiums once you have a full driving licence. When you have a full licence, however, there is another course of lessons you can take called Pass Plus. You wll learn more techniques, like driving on busy roads, and the majority of insurance providers will lower your premiums accordingly.
Although it sounds unfair, car insurance for 17 year olds is a lot cheaper if you are female. Young male drivers have a higher accident rate in their first three years behind the wheel so have to pay higher premiums. Female drivers have access to women-only insurance providers who can sometimes provide discounted cover to female customers.
There are a finite number of things you can do to reduce the cost of your insurance. The above are all useful tips but the most effective way of reducing expenditure is to research as many different policies as possible. Going online provides you with many different insurance quotes at the click of a button.
