As a newly qualified driver you will no doubt get loads of advice from all sorts of people. The trouble is that not all of this advice (as well meaning as it is) is something you should follow. Friends might get excited about the sort of car you should purchase and, if you’re in your teens or early 20’s the emphasis is probably more on power and looks than practicality.
If you’re someone new to the world of cars and owning one, insurance is going to be one of the biggest costs associated with your vehicle (aside from fuel) and, the type of car you opt for will have a huge bearing on how much you pay.
Unfortunately, many insurance companies see younger or new drivers as high risk. The reason for this is that to a certain extent you’re still learning and statistics prove that insurance claims are higher from people in your bracket. In the following few words, you’ll find some tips and advice on what you should think about in terms of the type of car you have and how to get the best insurance deal.
Type of Car
Basically, unless you have pots of money (which is unlikely), you are going to be limited on the type of car you can have. The more powerful it is, the more insurance you pay. The more expensive the car, the more the insurance will be. These are pretty obvious points to think about but, when you’re caught up in the excitement of buying a new vehicle, they can easily be forgotten.
Before You Purchase a Car
The best thing to do is to at least have an idea of what your monthly outgoing will be for insurance. If you have your eye on a particular type of car, check out how much it will cost you to insure it. There are various ways you can go about this.
Comparison sites on the internet are a great place to start. Because this is likely to be your first insurance policy, you will need to get an idea of what all the companies out there have to offer in terms of discounts and incentives.
How Insurance Companies Help
You may think companies like this are just out for making money. In fact, these days many of them are also interested in making sure you stay safe on the roads and, there are plenty of ways in which they will help you do this. The safer you are, the less it’s likely to cost you. Below are some incentives to look out for:
- Consider safe driving schemes. There are insurance companies that will fit your vehicle with a device that measures how safely you drive. The higher you rate, the more discount you receive.
- Think about taking an advanced driving course that will give you a certificate once completed. This will go in your favour when you’re looking for insurance.
One Other Point
When you’re looking for an insurance company, make sure you take a look at those that specialise in new or young drivers. They will often have many more benefits to a standard policy.
Above all, MAKE SURE you have insurance. Without it, you could end up in a lot of trouble!