You have just received your license but the most important thing remains: young driver car insurance. Of the car insurance, there are a multitude of them, but you want to subscribe to one that will meet your needs without ruining your financial resources. Discover our 5 tips for paying a good car insurance young driver at a very interesting price.
What is the difference between car insurance and car insurance for young drivers?
You should know that for people with profile of “young drivers”, insurance companies make quite specific arrangements. Indeed, they consider the high risk that such a driver represents, and therefore offer suitable offers. This is why classic car insurance is different from car insurance for young drivers.
The big difference is above all in the premiums, which is why car insurance for young drivers is generally more expensive. Unlike conventional car insurance, this type of insurance includes an “additional premium” which is added to the reference premium. This compensates for the additional risk created by inexperienced people on the road.
Also, for people with this driver profile, insurers offer an offer in line with the needs they may have. The clauses can be specific, and sometimes even customizable according to each insured. They take into account the type of young driver you are, because at this level too it is important to make a difference.
There are indeed several types of drivers who can be considered as young drivers. These include in particular:
- A driver who has not driven or taken out car insurance for several years
- A driver who has just had his license and who is about to take out his first car insurance policy
- A driver who has had his license canceled and who must retake the driving test
- A driver who has had his license for several years, but who has never been insured.
You only become a young driver three years after obtaining your driver’s license. A person can also be called a young driver if he has never driven a car insured in his name in the past or if he was obliged to take another driving test after the previous one was cancelled.
Here are now 5 tips that will be useful for obtaining a cheaper young driver car insurance policy:
The choice of car
Be aware that the insurance premium for a young driver is often higher. For the insurer, you are a novice in driving so you represent more risk given your lack of experience.
Indeed, according to the annual report carried out by ONISR, it unfortunately turns out that in 20.6% of fatal accidents in 2016 were caused by young drivers. He also claims that young drivers are four times more likely to have serious accidents that could lead to their death than experienced drivers. And this, because of their lack of experience. Also, young people in the 18 to 24 age group, who are mostly young drivers, are those who often expose themselves to risks while driving or who drive while intoxicated. It is these situations that justify the fact that the premium is a little higher for young drivers.
To avoid having to pay too high an amount, pay attention to the vehicle you choose to insure. Because the more power it has, the more the insurer will ask you for a high premium. Indeed, insuring an ABS-type vehicle, or one that has safety equipment such as an airbag, for example, will reduce the amount of the premium. This is why it is more advisable for young drivers to ensure a vehicle that is not too powerful and has enough security systems.
Choose accompanied driving
Indeed, young drivers who opt for accompanied driving during their apprenticeship are very little exposed to the risk of accidents compared to ordinary young drivers. This is why the insurance companies favor this type of driving, offering them much lower premiums.
Better still, some insurers manage to offer young drivers who have completed accompanied driving the same insurance premium that they offer to experienced drivers. If you want to benefit from lower young driver insurance, opt for accompanied driving training.
Your insurance premiums must be paid on time
Not paying your premiums on time can have irreversible consequences on the price of your insurance. Because, once the payment period has passed, the insurance will send you a warning letter in which you will be notified that you must pay the sum within 30 days at the latest. But, as soon as you also exceed this period, the pure and simple suspension of your insurance will follow and you will again receive a letter in which you will be granted an additional period of 10 days to pay the amount due.
So just like young drivers, a driver whose insurance contract has been terminated because of non-payment of their premium represents an insured at risk for insurers. This pushes the insurer to offer fairly high rates for drivers with this profile. Apart from the fact of already being considered a young driver, be sure to respect your deadlines for payment of premiums to the letter.
Request the services of an insurance broker
An insurance broker will act as the intermediary between your insurer and you. He will be able to help you find a good insurance contract by offering formulas that will suit all your needs and negotiate a good price for you with insurers.
Caution should be taken
It happens that certain insurances immediately break your insurance contract from the first accident whereas if in addition to being a young driver, you become a driver terminated because of a claim, it will be almost impossible for you to find another contract. insurance at low cost. On the contrary, this aspect will increase the amount of your premium. Do not forget to discover our article on car loans.