Cheapest Auto Insurance For Young Drivers - Most teenagers can't wait to get behind the wheel of their first car. Finding affordable car insurance can dampen their spirits. Unfortunately for young drivers, car insurance can be expensive. However, there are some great deals to be found on the market if you know where to look.
For this study, quotes from over 50 car insurance companies available on 2 major comparison sites were analyzed to find the cheapest comprehensive plans for new, young drivers in major cities in England.
Cheapest Auto Insurance For Young Drivers
The team sampled 50+ UK car insurance companies, based on an 18-year-old male student, to find out which were the most cost-effective for young drivers. Among them, results showed that general accident (GA) was the cheapest car insurance brand overall for young drivers. Overall data showed that GA was on average 62% lower than the average of all the quotes obtained for a young driver and 18% cheaper than the average of the 3 cheapest car insurance quotes for a young driver.
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Some brands come from the UK's biggest car insurers - for example General Accident is part of Aviva and both Churchill and Privilege are part of Direct Line. You will find that these large car insurance companies are not competitive in pricing for young drivers with standard car insurance or their parent company (eg Aviva or Direct Line) but they may have offers through these other brands (eg General Accident or Privilege).
The table below shows the 15 cheapest insurance companies for young drivers from our research and their premiums for our sample of young drivers and more. Please note that your offers may vary widely and other service providers may be cheaper for you. References in this article reflect data for our sample drivers 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 research into England's 10 biggest cities, we found that young drivers get 45% fewer offers in Manchester - meaning some insurers don't offer cover for young drivers in some areas. In addition, the average insurance quote for a young driver in Manchester is more than double the cost of insurance in some other major cities in England. Read more in our article on comparing young driver car insurance costs by region.
According to our research, General Accident Insurance is the cheapest insurance company overall for young drivers in Birmingham, Leeds, Sheffield, Bradford, Manchester and Liverpool. In these cities, the average price for GA for a young driver was £1,569, around 63% lower than the average cost of all insurers in our study.
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If you live in one of these areas, GA is your best bet for affordable insurance. However, More Than's Smart Wheels, Churchill Drivesure and Ingenie are competitive young driver car insurance options, with the second, third and fourth cheapest average car insurance for young drivers in the North of England respectively.
For those in the South West or South East, the most common accident for young drivers is usually cheap car insurance. In London and Bristol our sample fares for young drivers from GA are £1,027 and £991 respectively.
The cheapest insurance in your town may not reflect the cheapest comprehensive insurance we have listed above. While Common Accident, More Th>n Smart Wheels and Ingenie are usually in the top three in England's biggest cities, some brands are cheaper but only offer cover in selected areas. See below to see which is the best option in your area.
If you haven't bought a car yet, choose carefully because the cost of insurance can vary greatly depending on the make and model of the car. And you might be surprised at the cost difference. For example, the ever-popular Ford Fiesta costs an average of £200 more per year to insure than a Ford Focus. For more information please see our article How much does the UK's most popular vehicle cost to insure?
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Add responsible drivers such as your mother, father or siblings to your policy. You may find your quote drops by 50% or more, but this varies greatly from insurer to insurer and depends on other details in your application. However, it is definitely worth a look.
Installing a black box or telematics system, as required by most projects in this study, can reduce car insurance costs for young drivers. With a black box, the insurance company can collect data about your driving style, such as speed, how well you brake, what time of day you drive, how often you use your 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 in fact the primary driver of the vehicle, do not list yourself as the named driver on the policy in your parent's name. This is called "fronting" and is illegal. If you have an accident, your insurance will be void and the insurance company will not pay for the damage.
To determine what young drivers typically pay for comprehensive car insurance and to choose the cheapest car insurance companies, we've collected quotes for a sample of 18-year-old male drivers with a full UK license driving a 2015 Ford Fiesta. Britain's most popular car. In total we collected over 300 offers for drivers living in London, Birmingham, Leeds, Sheffield, Bradford, Manchester, Liverpool, Bristol, Newcastle and Sunderland who drive over 5,000 miles a year. Quotes include cover for courtesy car, breakdown, personal accident and legal defence.
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The guidelines on this page are based on our own analysis and are intended to help you identify options and narrow down your options. We do not advise or tell you which product to buy; Do your own due diligence before entering into any contract. Read our full disclosure here.
Advertiser disclosure: Authorized and regulated by the Financial Conduct Authority (FCA), FCA FRN 797621. This is a research and data-driven personal finance site. Reviews found on this site are based on our own analysis and opinions, focusing on product features and price, not service. Some of the offers found on this website are from companies that receive benefits. This solution may affect how and where they appear on this page (for example, the order in which they appear). Please see our advertiser notice for more information. The Site may not display or contain all companies or all available products. While we do our best to be comprehensive and up-to-date with product information, prices and terms may change after we publish, so always contact your service provider for more information. Customers should ensure they carry out their own due diligence before entering into any contracts. Revealed: The nine cheapest cars to insure for young new drivers Peugeot 107 and Citroen C1 top the list.
The cost of car insurance for young drivers is notoriously high, with 17 to 24-year-olds often paying thousands of pounds a year for the privilege of being on the road.
The type and model of car can make a significant difference in how much effort young drivers put in each year.
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For this reason, it's worth shopping around for insurance first rather than looking for a car and then incurring huge costs to get behind the wheel.
According to Marmalade, an insurance company for young drivers, drivers who choose the Peugeot 107 pay significantly less for insurance compared to other models.
The Peugeot 107 has been voted the cheapest car to insure for younger drivers in the UK
It was found that the lowest premium for a 17-year-old with this car was just £740, half the price some young drivers pay for their vehicle.
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Young drivers can potentially lower their insurance costs by installing a black box, which reduces the chances of 17- to 24-year-olds being involved in an accident in their first six months on the road by 73 percent.
Marmalade managing director Crispin Moger said: “Insuring costs can be significant for young drivers, so we always encourage them to consider what this will cost before they buy their car.
"They may feel like they got a good deal on their car, but if the insurance costs are high - for example, if it doesn't have modern safety equipment - it could be a false economy."
To help young drivers decide which car can save them the most money, Marmalade has presented nine of the cheapest cars for insurance premiums.
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The Peugeot 107 tops the list of cars with low insurance premiums. 12-month cover for 17 to 24-year-olds costs an average of £1,114 - although quotes for 17-year-olds can be as low as £740.
A small car is ideal for new cars
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