Car insurance for young people: insurers and coverage?
Compare between the different car insurance for young people from the main companies and find the policy that best suits your age, personal needs and driving experience.
What companies offer car insurance for young people?
Getting car insurance when you are under 25 years old is complicated , but not impossible. Many insurers offer more expensive policies to novice drivers, since they consider that they are more likely to have an accident than a person with years of experience behind the wheel.
Many of them do not provide a budget through their online calculators and indicate that to know the price it is necessary to call customer service.
The price of an auto policy is determined based on a series of factors and car insurance for young people are considered a risk profile.
Faced with this situation, some companies have already adapted their offer for this type of group, offering car insurance with coverage adapted to their profile
Basic Third Parties, Extended Third Parties, Complete Third Parties and All Risk (with and without excess)
- Subsidy for deprivation of driving license: optional from Third Party Full
- Travel assistance and driver’s insurance
- Assistance to the motorist: from Third Party Complete
- Compensation for immobilization: included in the All Risk with excess and optional in the All Risk without excess
- Substitution vehicle: Optional in Full Third Party and All Risk vehicles without excess. Included in the All Risk with excess
- Recruitment: only young people between 18 and 30 years old
Basic Third Parties, Third Parties + Moons, Third Parties + Moons + Fire + Theft, All Risk (with and without excess)
- Subsidy for deprivation of driving license: not included
- Travel assistance and driver’s insurance
- Appeal of fines: optional coverage
- FlexiRapid repair service
- Replacement vehicle: optional in all the policies it sells
- Recruitment: adapted to young people, but anyone can hire it
Third Parties, Extended Third Parties, All Risk, All Risk with Excess, All Risk Collision
- Crane in less than 45 minutes
- Expertise in 24 hours
- Repair in 72 hours
- Recruitment: adapted to young people, but anyone can hire it
other companies Apart from those mentioned, other companies are also beginning to adapt their offer to this type of driver, either by offering discounts for good driving , including night assistance coverage. for those under 26 years of age. Available from 0 to 7 am every day, they will take you home by taxi if you are unwell or have drunk alcohol.
How to save on car insurance for young people?
To save on car insurance, the best alternative is to drive well . By not presenting friendly parts of accidents reports , there are several insurers that offer bonuses and discounts when renewing the policy.
It is also advisable to compare car policies, examine the coverage of each policy and not declare accessories that only increase the final amount.
These are the only tips that we at Selectra can give you. However, in the world of insurance there are other ways to avoid the great cost of car insurance for young people; measures, all of them unethical and that can lead to a penalty :
- Presentation of the accident report in the name of another: as a legal document, the policy specifies that the name of the driver must appear on the report.
- Include the young person in the policy as an occasional driver, when he is really the only person who will drive the car on a daily basis.
- Appoint an experienced driver
What to do if you are denied car insurance because you are young?
When comparing the prices according to the mentioned data, it is observed that several insurers do not offer a budget for a young profile , especially if the policy to be contracted is the all-risk one. The policy of most companies, which consider teenagers to be accident-prone, even turns them away from employment.
Given that at a legal level it is mandatory to have at least civil liability insurance (for third parties), the option is to go to the Insurance Compensation Consortium , where you will have to present:
- Request to insure not accepted by two insurers
- Request to be insured rejected by two insurers
civil liability onlySince it depends on the State and does not have a commercial purpose, contracting car insurance through the Compensation Consortium only includes mandatory civil liability coverage . The price of the same is stipulated according to the characteristics of the vehicle.
Frequently asked questions about car insurance for young people
Is it good to take out comprehensive car insurance when you are young?
It depends a lot on the safety you have behind the wheel and the characteristics of the vehicle . If, for example, you are insecure when you drive and you have just bought a car or it has been given to you, it is best to get comprehensive car insurance, even though the amount of the premium is higher.
How long are you young when you take out car insurance?
The price does not only depend on age, but also on the years of experience you have driving . It is not the same to have taken out the card at 18 than at 25 when calculating the annual premium.
My son just got his license, do I take out insurance for him?
It depends on how much you are going to use the car . If you are going to be the regular driver and have your own, of course. But in the event that you are only going to take it to go to university or on the weekend from time to time, include it as an occasional driver in your policy.
Author Bio:
This is Aryan, I am a professional SEO Expert & Write for us technology blog and submit a guest post on different platforms- Technoohub provides a good opportunity for content writers to submit guest posts on our website. We frequently highlight and tend to showcase guests