How young motorists can save on insurance premiums
From the industry statistics, it is found that car insurance premiums for young motorists have increased by almost 25 percent during the year 2009. An average premium for the drivers between the age 17 and 24 is £1,489. In addition, the prices are expected to rise further by 15 percent this year.
Young motorists can take a few steps to pay affordable premium amounts on their policies. The basic measure for ensuring a lower premium amount is to compare car insurance quotes. Regardless of your age, you can always shop around and look for some other insurer who offers you a better deal. Many other measures can be used to reduce the premium amounts.
Plan a small and simple car for you to drive if you want to avoid unnecessary soaring premiums. You must prefer safety to style and car models that are not flashy or have big engines. It is also important to put some safety features in your cars also such as airbags and anti-lock brakes. It is always advisable to go for lower risk cars models. The simpler your vehicle is the better discounts you will get. If you modify the car for personalization, you may have to pay extra amounts on the premiums or it.
By adding an older and safe driver in your policy, you can get some discounts. A trusted friend, family member or any other relative with a clean driving license can contribute in lowering your premiums. At the same time, you must not indulge in fronting by naming another driver as the main motorist.
It is always rewarding to take appropriate precautions for the safety of your car. While calculating your premiums, car insurance companies take into account the probability of your car getting vandalized or getting stolen. By ensuring safety of your vehicle, you can easily reduce your premiums.
Article written by the marketing division of Compare.Com.