Go Compare Says Young Driver Cover is Getting Cheaper

With the cost of getting a young driver on the road climbing to nearly £7000 this year, choosing the right car and car insurance can have a significant impact on how much new drivers must pay to stay mobile. The good news is that GoCompare has found average car insurance premiums for drivers under 25 are falling.

In the first eight months of 2019, the average comprehensive car insurance premium for a 17-24-year-old driver was £1453.31, a fall of 6% from the same period of 2018 when the figure was £1,519.03.

Experts at the price comparison website also delved a little deeper into the data to find the 10 cheapest cars for young drivers to insure, and whilst it’s no surprise that smaller engined ‘city’ cars top the list, it was also noted that the low insurance group and low power cars, were the cheapest overall to insure.

Cars like the VW Up!/Skoda Citigo, Kia Picanto, or the Hyundai i10 may be deeply unexciting to drive, but they are cheap to insure and good on fuel too. The VW Up! is also surpringly roomy inside, although anyone under 25 should check their insurance policy carefully, as carrying passengers in the rear of the car may not be allowed, especially at night.

Lee Griffin, founder, and CEO of GoCompare commented:

“Car insurance for young and inexperienced drivers can be eye wateringly expensive when you compare it to the premiums paid by older drivers with a few hundred thousand miles of motoring under their belts. However, as our research shows, it is possible to save hundreds of pounds as a young driver by doing your homework and comparing first cars as well as first car insurance.

“Sensible cars with smaller engines are generally a better option for new drivers but don’t assume that because a car is in the lowest insurance group, it will always be the cheapest to insure. It doesn’t always work like that. Combining the right car with other money-saving tips such as selecting a telematics, or ‘black box’ policy and adding someone with an established safe driving history to your policy as a named driver can also help to keep the costs of car insurance down. Treating yourself to a hot hatch or sports car is best left until you’ve gained a few years of experience behind the wheel and avoided any accidents.”

 

About InsuranceEdgeEditor (2345 Articles)
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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