Whether you are a young driver or a student looking for car insurance there are also a number of ways you can help reduce your premiums.
It is important to try and build up several years of no claims as this will help attract student car insurance discounts on offer with some insurers.
More insurers are also offering student car insurance solutions using telematics or black box in car technology. This measures how you drive and rewards safe and careful drivers. Some schemes do not impose restrictions on mileage or impose a curfew on when you drive giving you more freedom.
You should also consider the size of the engine in the car you are looking to insure as often the smaller the engine, the cheaper the insurance, meaning you can get out on the road for less!
Where your car is normally stored overnight can impact on how much you pay for student car insurance. If possible ensure your car is stored securely and take advantage of any manufacturer’s security measures fitted to the vehicle as well as any additional security you can add to keep your car safe.
Having a good quality alarm system or immobiliser fitted to your vehicle can be a good way to save money on car insurance for students.
One very important way to get cheap car insurance for young drivers is to drive safely and avoid speeding at all times, as getting points on your licence will mean increased car insurance premiums.
Finally whilst the cost of student car insurance can be high relative to the cost of the vehicle being insured, but it is important to be truthful about the information you provide as part of any quote. Don’t be tempted to name any other person as the main driver if you are going to be using the car the majority of the time. Insurers use the information you provide to make an assessment of the risk you represent and price their premiums accordingly.
Deliberately misrepresenting information can mean that your insurance could be invalid in the event you ever have to make a claim or are involved in an incident.