Cheapest Car Insurance for 17 Year Olds
When you first get your driving license most teenagers are over the moon with their
new found freedom. However this good mood can quickly change when you see how much the cheapest car insurance for 17 year olds really is. The most rudimentary insurance policy for a first time 17 year old driver is going to be expensive and likely take a good portion of your current monthly work income or allowance. The reason for this is because new drivers, in particular young drivers are far more likely to be in a motor vehicle accident then drivers who have more life experience.
The group which pays the highest rates are first time male drivers who can expect to pay about 50% more on their drivers insurance. This has nothing to do with sexism, it has to do with statistic which show that males in their teens and early twenties are far more likely to be involved in a car accident than female drivers of the same age. Fortunately there are a few ways to keep your premiums to a minimum:
High deductibles: if you are a safe and responsible driver than one way you can reduce your car insurance by raising your deductibles or the amount of money that will not be covered before your insurer will start paying for the balance. Increasing your deductible is a simple way to get the cheapest car insurance for 17 year olds but comes with the risk that if you are in an accident you will have to pay the higher deductible.
Training Programs: another way that you can get the cheapest car insurance for 17 year olds is by enrolling in an advanced safety driving course such as Pass Plus which are available in most cities and towns across Britain. Although these courses are not inexpensive in the long run they can save you much more in your car insurance by getting you a substantial discount with many insurance providers. Also make sure to check with your local council as many now have programs which will help to subsidize or even pay for the cost of the course.
Choose the right vehicle: finally you can save money by simply making an educated decision on what car to buy. Unless you want to pay a huge amount of car insurance your first car should not be a sports car! This doesn’t mean you have to drive your grandparents’ car - there are plenty of stylish vehicles which are still deemed relatively safe by car insurance companies! It does mean that you should do some research however and take your findings into account when buying your first vehicle.