Young Driver Insurance

TPO insurance offers the lowest level of insurance coverage you will need to legally drive on UK roads. This might suggest it is also the cheapest, but this isn’t always the case. Our research showed that younger drivers under the age of 21 could save an average of 11% by opting for fully comprehensive insurance rather than third party policies.

TPFT insurance options provide financial support when you have accidentally caused damage or harm to another person, their car, or their property. Unlike third party cover, which offers no protection for your own car, this covers your car if it is damaged or completely lost due to fire or theft, allowing you to make repairs or replace the vehicle.

Comprehensive coverage options offer the most protection. These cover everything included in the previous two, but will also protect your car if it is damaged in an accident on the road, even if you were the one who caused it. Some of these policies can also come with extras like windscreen cover or breakdown protection as standard.

These are optional extras that can be added to any of the three previous policy options to personalise and enhance your protection. Add-ons like courtesy car cover can be useful if you rely heavily on your car. Other options like no claims bonus protection could help you with future insurance costs.

Each car is assigned an insurance group in the UK. These range between 1 and 50, with lower groups generally costing less to insure. If you are buying your first car, it would be a good idea to research cars in lower insurance groups before you commit.

Voluntary excess is the amount you commit to covering in the case of making a claim. Options can range from £50 – £1,000 depending on the insurer. By choosing a higher excess, you take some of the risk off the insurer, and this could be rewarded with savings on your premium.

Having additional driving qualifications can demonstrate to insurers that you have advanced driving skills. This could remove some of the key concerns insurers have with young drivers’ abilities on the road, resulting in lower premiums for some insurers.

Paying your insurance monthly may be tempting, however, it will come with additional costs. Some insurers might not offer this at all if you have a bad credit history. So although paying annually might seem like a lot at once, it is often cheaper overall.

Specialist cars like classic or high-performance cars and those with modifications could all increase your insurance costs. This is because they will likely have a higher market value overall, and their parts can be more expensive or difficult to source.

Car insurers will ask you about your occupation. Whether you have a job, are unemployed, or are a student, be aware that your job can affect the cost of your insurance. In some cases, there could be more than one title that accurately describes your occupation. You can compare these, but never give false or misleading information to an insurer.

There is a reason that insurance comparison websites are such a key part of buying insurance. We allow you to compare policies and prices from over 130 UK car insurers at once, so you don’t miss out on finding a better deal.