Under 25 Car Insurance UK

You may have just passed your driver's license or even bought your first car, you're raring to go out for a spin, but first, you have to deal with car insurance. Don't think you can go out for a quick drive without car insurance, because driving a car without car insurance in UK can carry stiff penalties and even a prison sentence. It's not worth the risk. However, many young drivers, especially male drivers, will find that car insurance is going to be expensive for the first few years. Why is this?

The reason car insurance for the under 25s is expensive is that this category is considered to be the highest risk category by insurance companies. Inexperienced drivers, driving for the first time and young male drivers are considered especially high risk and accident prone. If you are under 25 and are looking to purchase your first car, it may be a good move to talk to a car insurance company first and get some advice. Insurance is all about statistics and any car insurance company can tell you which cars are involved in the most accidents for under 25s. In fact, they should be able to give you a list of cars they consider 'safe', which would carry lower car insurance premiums. For your first car, you may have to consider a relatively boring car, so that you can afford car insurance coverage for it. An under 25 driver with a sports car is just asking for trouble!

Having said that, don't despair. The under 25 market is a big market for the car insurance companies and there are many insurance companies that specialise in this segment. Shopping around is going to be key for under 25 drivers, as specialist insurance companies may be able to offer more reasonable rates than general insurance companies. So do your homework and see what car insurance companies are offering.

Once you have found several car insurance companies offering insurance coverage, read the fine print closely when comparing policies. There are reasons why one policy is cheaper than another and just buying the cheapest policy may not be giving you the car insurance coverage you are looking for. One of the obvious things that will affect insurance premium are out-of-pocket expenses or deductibles. This is the amount that you have to pay, before the insurance coverage kicks in. For example, if your deductible is £200 a year and you make a claim for damage to your vehicle for £500, then you have to pay £200 first and the insurance company will pay the remaining £300. Generally speaking, the higher the deductible, the lower the insurance premium. So, you may want to consider a car insurance policy with a high deductible to make it more affordable, especially in those first years of coverage.