Car Insurance Cheapest For Young Drivers

Car Insurance Cheapest For Young Drivers – The Ford Fiesta is the most popular car among young drivers, but it’s NOT the cheapest to insure: Here’s our top ten cheapest cars.

The Ford Fiesta is the most popular car among young drivers when it comes to looking for insurance, with an average premium of £711 for comprehensive insurance.

Car Insurance Cheapest For Young Drivers

Car Insurance Cheapest For Young Drivers

However, it is not the cheapest insurance. In fact, according to MoneySupermarket, Citroen’s rival supermini, the C1, comes out on top for cheap skin.

Why Is Car Insurance For Young People So Expensive?

Despite not being in the top ten most popular models for 17-19 year olds, they cost £506 to insure – £205 less than the Fiesta.

This is still higher than the £417 average premium for the country’s most popular car – £294 less than young drivers.

Citroen C1 was the cheapest car insurance for drivers aged 17-19

Over-20s pay an average of 51 per cent less for car insurance at £347.

The Best Cars With Cheap Insurance For Teenage Drivers In 2021

MoneySupermarket analyzed more than a million quotes from its customers between 9 June 2020 and 9 June 2021 to find out the most popular car insurance for first-time drivers aged 17-19, and the typical insurance prices for those cars.

Citroen found the C1 was the cheapest car for young drivers, but at £506 a year, it’s still 72 per cent more expensive than those in their 20s, at an average of £294.

The second cheapest cars were the Fiat 500 Pop at £509 and the Fiat 500 Lounge at £519.

Car Insurance Cheapest For Young Drivers

Again, these vehicles were found to be 60 and 71 percent more expensive for drivers in their 20s and older, respectively.

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Meanwhile, average annual insurance for a Peugeot 107 was £539 and a Ford Ka was £543, while over 20s were £286 and £315.

Fiat 500, Fiat 500 Lounge and Fiat 500 Pop are among the cheapest cars to insure.

The most popular car was the Ford Fiesta, followed by the Vauxhall Corsa at £689 a year and the Volkswagen Polo at £656 a year.

Ford Ka, Mini One and Renault Clio are among the ten most popular cars among young drivers.

Car Insurance Costs For 50 Year Olds (and Those Over 50)

For example, a VW Golf costs £935 for 17-19-year-olds, which is 154 per cent higher than 20-somethings, who pay an average of £368.

Drivers of the second most popular first car owner, the Vauxhall Corsa, pay an average of £689 for insurance, £170 more than the £519 paid by a young driver of a Fiat 500 Lounge.

Car insurance premiums are often higher for recently tested drivers because insurers place more risk on them.

Car Insurance Cheapest For Young Drivers

The Ford Fiesta is the most popular car for 17-19 year olds, but it’s not the cheapest car to insure.

Kit Cars Can Save Young Drivers Thousands On Insurance

Motorists, especially young ones, are advised to use price comparison sites to see if they can save on insurance by shopping around with experts who say they can save hundreds of pounds.

Praksha Patel-Shah, car insurance expert at MoneySupermarket, said: “With theory and practical tests delayed for a year due to the coronavirus, many young drivers may want to buy their first car in 2021, especially with new number plates on September 1. .

“There are a number of ways to reduce insurance premiums for newly qualified Brits. Costs can be reduced by reducing the system or choosing a higher limit.

“You could even consider telematics policies that use data to monitor how people drive and use that to determine car insurance prices – the more careful the driver, the more competitive the policy.”

The Fantastic 5 Ways To Lower Car Insurance Rates For Young Drivers

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Car Insurance Cheapest For Young Drivers

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Cheap Young Driver Insurance

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Dmg media Contact Us to Complain Advertise Us Terms of Use Do Not Sell My Information Privacy Policy & Cookies Buying cheap insurance for young drivers pays (literally). By reading our expert advice, you’ll learn how to keep car insurance costs down for young people.

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How To Cut The Cost Of Car Insurance For Young Drivers

Car insurance rates are on the rise, especially for teens and young drivers. This can be a significant financial burden, especially for families whose parents pay some or all of the car insurance premiums. But by following proven strategies, cheap car insurance for young drivers is possible without losing coverage.

Buying cheap insurance for young drivers pays off (literally). By reading our expert tips, you’ll learn how to lower your car insurance costs for young people without changing policies or carriers. But if you decide to switch to carrier, we’ve also included which car insurance companies have the best rates.

Make no mistake: Younger drivers charge higher car insurance rates because statistics show that they are a younger demographic and are at a higher risk of reckless driving. As a result, a teen or young driver will be more expensive to insure than an older and more experienced driver.

Car Insurance Cheapest For Young Drivers

“Young drivers are usually the most expensive to insure because of their lack of experience, maturity and responsibility,” says Duncan France, owner/agent of Duncan France State Farm Agency in Broomall, PA.

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Still, it’s a good idea to ask for insurance quotes from at least a few different insurers and carefully compare offers, experts agree.

“Insurance rates can vary greatly between carriers, and that’s especially true for young drivers,” says Greg Martin, president of Brandon, Florida-based Think Safe Insurance, LLC. “That’s why it’s best to shop around.”

“There are many options for car insurance. Shop online and get comparable prices. Also, call an insurance broker who runs multiple companies,” he says.

When shopping for coverage, look for a company and policy that offers the best value, quality and reputation, as well as an agent you can grow with.

Get Cheap Car Insurance For Teens & Young Drivers

“AM Best is a company that provides ratings based on the financial capabilities of insurance companies. “Going with a company with a strong financial rating will ensure that they can pay the claim if something goes wrong like this,” Martin said. “Also check online reviews and J.D. to make sure others have. Power ratings can be searched. they were satisfied with the service they received.”

“Different limits and different deductibles can make a big difference. You’ll also want to make sure you have the right level of coverage for your young driver. Having cheap insurance for young drivers won’t help if it doesn’t cover what you need when you need to make a claim,” warns Martin.

“A good insurance agent will give you sound advice like they are family, and they will always act in your best interest,” adds France.

Car Insurance Cheapest For Young Drivers

A great place to start shopping for teen car insurance is with the family’s existing car insurance company. You can request a quote to add your young driver to your existing policy as a primary driver or occasional driver in a designated vehicle, or request a quote for a separate policy in your child’s name.

Compare 2022 Car Insurance Rates Side By Side

“Having your parent’s policy allows you to take advantage of some of their preferred ratings and benefits, including discounts.

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