Cheapest Car Insurance Companies For Young Drivers - Most teenagers can't wait to get behind the wheel of their first car. What can dampen their excitement is finding cheap car insurance. Unfortunately, car insurance can be expensive for young drivers. However, there are some good deals on the market if you know where to look.
For this research, quotes from more than 50 car insurance companies available on 2 major comparison sites were analyzed to find the cheapest plans for new and young drivers in major cities in England.
Cheapest Car Insurance Companies For Young Drivers
The team sampled quotes from 50+ UK car insurance companies to find out which were the most affordable for young drivers, based on an 18-year-old student. The results showed that of these, the cheapest brand of car insurance for young drivers is general accident (GA) insurance. Overall, the data showed that GA was on average about 62% cheaper than the average of all quotes obtained for a young driver, and up to 18% cheaper than the average price of the cheapest 3 car insurance quotes for a young driver.
Average Cost Of Car Insurance Uk 2022
Several brands are from the UK's largest car insurance companies - for example, General Accident is part of Aviva and Churchill and Privilege are part of Direct Line. You will find that these major car insurance companies may not be competitive for young drivers through their normal car insurance or parent company brand (such as Aviva or Direct Line), but may offer these through other brands (such as general accident or premium).
In the table below, you can see the 15 cheapest young driver insurance companies from our study, as well as their premiums and excesses for our young driver sample. Please note that your offers can vary greatly and you may find that a different provider is the cheapest for you. The quotes in this article reflect the information for our sample driver and should be used for informational purposes only.
Unfortunately, not all cheap insurance companies are available in all areas of the UK. For example, in our survey of England's 10 biggest cities, we found that young drivers in Manchester were offered 45% fewer deals, meaning many insurers simply do not offer cover to young drivers in some areas. In addition, the average price of insurance for young drivers in Manchester is more than 2 times the cost of coverage in some other major cities in England. Read more in our article on comparing car insurance costs for young drivers by region.
According to our research, General Accident Insurance was the cheapest insurer for young drivers in Birmingham, Leeds, Sheffield, Bradford, Manchester and Liverpool. In these cities, the average GA price for a young driver was £1,569, which is around 63% lower than the average price of all insurers in our study.
Cheapest Cars To Insure In The Uk 2022
If you live in one of these areas, GA may be your best bet for affordable insurance. However, More Than's Smart Wheels, Churchill Drivesure and Ingenie were also competitive car insurance alternatives for young drivers, being the second, third and fourth cheapest car insurance for young drivers in the North of England respectively.
For those in the Southwest or Southeast, general accident was also usually the cheapest car insurance for young drivers. In London and Bristol, GA prices for our young driver sample were £1,027 and £991 respectively.
The cheapest insurance in your city may not actually reflect the cheapest insurance listed above. While General Accident, More Th>n Smart Wheels and Ingenie are in the top three in major cities in England, there are some brands that are cheaper but only offer cover in certain areas. See below to see which option is best for your area.
If you haven't bought a car yet, choose carefully as insurance costs can vary greatly depending on the make and model of your car. And you might be surprised at the cost difference. For example, the ever-popular Ford Fiesta costs £200 less per year on average to insure than a Ford Focus. For more information see our article on how much does it cost to insure the most popular cars in the UK?
The Best Cars With Cheap Insurance For Teenage Drivers In 2021
Add a responsible driver, such as your mother, father or sister, to your policy. You may be able to reduce your quote by 50% or more, but this varies from insurer to insurer and depends on other details of your claim. However, it is definitely worth checking out.
Installing a black box or telematics system, as most plans in this study require, can lower car insurance costs for young drivers. With a black box, the insurance company can collect information about your driving style, such as speed, how hard you brake, the time of day you drive, how often you use the car, and how long you drive without taking a break. If they think your driving is too dangerous, they can cancel your policy.
If you are indeed the primary driver of the vehicle, do not add yourself as a named driver to your parent's policy. This is known as "fronting" and is illegal. If you are involved in an accident, your coverage will be void and the insurance company will not pay compensation.
To find out how much a young driver typically pays for comprehensive car insurance and to choose the cheapest insurance companies, we've collected quotes for a sample of 18-year-old male drivers with full UK licenses who drive the most popular 2015 Ford Fiesta . car in UK. In total we've collected over 300 offers for drivers based in London, Birmingham, Leeds, Sheffield, Bradford, Manchester, Liverpool, Bristol, Newcastle and Sunderland who drive less than 5,000 miles a year. Quotes include courtesy car, breakdown, personal accident and legal cover.
Cheap Car Insurance: Learn How To Save
The guides on this site are based on our own analysis and will help you identify options and narrow down your choices. We do not advise or tell you which products to buy; Do your due diligence before entering into any contract. Read our full profile here.
Advertiser Disclosure: It is authorized and regulated by the Financial Conduct Authority (FCA), FCA FRN 797621. is a financial research and data management site. Reviews that appear on this site are based on our own analysis and opinion, focusing on product features and pricing, not service. Some of the offers that appear on this website are from companies that receive compensation from them. This compensation may affect how and where submissions appear on this site (eg, the order in which they appear). For more information, see our advertiser disclosure statement. The Site may not review or include all companies or all products available. While we try to be comprehensive and up-to-date with product information, prices and terms may change after we publish them, so always check with the supplier for details. Consumers should do their due diligence before entering into any contract. Car insurance companies consider a number of factors to determine rates, including driving experience. First-time drivers pay higher premiums because they are more likely to get into an accident. For insurance purposes, new drivers, immigrants and foreign nationals, older drivers who have never held a license, or those with impaired driving or insurance are considered new drivers.
We've collected tens of thousands of auto insurance quotes from every zip code in Texas to find the lowest rates. The rates were for new drivers aged 16, 17, 18, 21, 25, 35, 45 and 55, as well as for a 16-year-old on the policy of two parents in their 50s.
Allstate offers the lowest car insurance rates with minimum coverage for first-time drivers under 25. On average, new drivers can expect to pay $2,743 per year for insurance. However, the Allstate policy costs 56% less at $1,205 per year.
The Best Cheap Car Insurance For 2021
New drivers looking to purchase full coverage insurance can find the best rates at State Farm, with policies starting at $3,308 per year or $276 per month. The average for full coverage insurance is nearly double the State Farm rate of $6,527 per year.
Minimum liability policies are usually the cheapest form of insurance because they provide the lowest level of coverage you can legally have in your state. Affordable auto insurance with minimum coverage may seem like the best option, but if you're involved in an accident, you could end up paying more out of pocket in the long run.
First-time drivers over the age of 25 can find the cheapest auto insurance with minimum coverage at Allstate. The company charges $395 per year, which is 62% below our average asking price.
Sovkhoz has the lowest full coverage policy rates. New drivers pay $1,398 a year, making a policy with State Farm $1,000 less than the average.
Tips For Saving With Teen Driver Discounts
There is no age limit for sharing a car insurance policy with your parents, as long as you live in the same household you can share the policy. When you move out, you'll need to get your own policy if you don't already have one.
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