Are you a young driver in Ireland looking for cheap car insurance?
SPONSORED BY KENNCO INSURANCE
At Changing Lanes, we have teamed up with the experts at KennCo Insurance to help you with insider tips on how to get the best deal on your car insurance!
If you are a young or new driver, it may be tricky to find affordable and cheap car insurance. As a new driver, you have overcome the hard part by passing your test and getting on the road. But at the end of that, you may feel that getting a suitable car insurance cover is difficult. There are some ways to reduce your insurance premium if you are under 25, which we will explain in this article.
Am I considered a young driver?
You are considered a young driver if you are aged between 18 and 24. It is typically more expensive to get car insurance until you are aged 25. At KennCo, we insure young drivers of 19 years old and above. If you are 18 years old, you may obtain car insurance as a named driver on a policy with an experienced driver, such as one of your parents.
Why is car insurance more expensive for younger drivers?
There are many reasons why insurance is pricier for young drivers. Car insurance premiums are calculated based on the risk of the driver having an accident. Statistically, young drivers are more likely to be involved in an accident than drivers over 25. Drivers over the age of 25 will be more experienced drivers, so the risk of an accident decreases. Young drivers car insurance should decrease with every year of your No Claims Bonus.
Types of car insurance cover for young drivers
There are two types of car insurance cover available for young drivers. it is a legal requirement to obtain car insurance for driving.
1. Comprehensive Car Insurance
Comprehensive cover means that your insurer will cover the cost of repairing your car and, if necessary, the cost of any damage or injury to a third party if you are involved in an accident.
2. Third-Party Fire & Theft Car Insurance
Third-Party Fire & Theft covers you if your car is damaged by fire or from theft. This cover also extends to any damage or injury to third parties where you are at fault for the accident. This type of insurance does not cover damage to your car.
Tips for reducing the cost of Young Drivers Car Insurance
There are several ways to reduce your car insurance as a young driver:
- Named driver experience: Your insurer will take any named driver experience into account when you take out an insurance policy in your own name. They will reward you for your excellent driving history if you have not made a claim.
- Pass your test! If you are a learner driver, then the sooner you pass the test, the better. Your insurance will decrease the longer you hold a full license.
- Your choice of car: Choosing a car with a lower-powered engine will reduce the price of your insurance as they are less likely to be involved in an accident. You should also avoid any cars with modifications as you will end up paying extra for them.
- Security: If you add more security measures to your car, your car will be safer from theft and may lower your insurance cost as you’re less likely to claim theft.
- Add a driver: Another way to lower your premium is to add a driver with more experience to your policy. If a parent to partner has been driving for many years, your insurer may feel that you will be safer under their guidance.
At KennCo Insurance, we understand that it can be challenging for young drivers to get their first car on the road. That’s why we’re offering affordable and reliable car insurance for young drivers. Follow this link to the Kennco website to get a Car Insurance quote in minutes.
Now read our article on No Claims Bonus Protection with your next car insurance policy. Is it worth it?