Cheap car insurance for young and new drivers is a rarely realised promise. The best any young or new driver can do is find and buy the cheapest insurance premium on offer. What follows is a guide designed to help all new and young drivers reduce the cost of their car insurance.

Firstly, the reason cheap young drivers car insurance is a distant reality is simple - new and young drivers are a bigger risk to insure than the average, more experienced car driver. These are the facts:

Newly qualified UK drivers are more likely to have an accident during their first year of year of driving than at any other time.
Per mile of driving, the risk of an accident involving injury or death is about seven times greater for 17-20 years old than for those aged 40 or over.
Young drivers under 21 are involved in 15% of all car accident deaths.
New drivers make up just 10% of licence holders, but are involved in 29% of accidents.

How To Lower Your Car Insurance Costs

The following tips will help make the cost of young drivers car insurance as inexpensive as possible.

Take the Pass Plus Driving Exam
The pass plus examination is for newly qualified car drivers. It is an intensive training course that helps new drivers become better drivers. Pass the pass plus and you will get a discount of up 35% on your car insurance. Taking the Pass Plus will cost around £150 but given the high cost of new drivers car insurance you should save more than this on your car insurance premium. Ask your driving instructor for details.

Pay Higher Excess
Car insurance companies will insist on a minimum amount that you have to contribute to any car insurance claim. The standard amount is £150. If as a young driver you volunteer to pay a higher amount, say £250, your insurance premium will be cheaper.

Pay Your Car Insurance Premium in One Go
It is cheaper to pay your car insurance in one lump sum rather than in monthly installments. Most car insurance companies charge interest of around 15% APR (some up to 30%) to allow you to pay your premium in monthly installments. This significantly increases the premium paid.

Named Drivers
Adding a named older driver to your car insurance policy, i.e. your parents, can save you 10% on your insurance premium. Likewise, avoid having younger named drivers on your policy.

Car Security
Beef up your car security. Thatcham approved car alarms are recognized by all car insurers and most will discount your premium if you have these fitted.

Stick To The Speed Limit
No points on your license means cheaper insurance.

Park Securely
If you have a garage then use it. Your car is less likely to be stolen from your garage or from your drive than if it is parked in the street. Insurance companies will recognize this and offer cheaper car insurance premiums.

Buy Your Car Insurance Policy Online
Buying online is cheaper as the insurance company has fewer costs to cover so most car insurance companies offer a discount if you buy online via their web site.

Be Born Female
Female car insurance is cheaper. This is because of one simple fact; the average female driver is a safer driver than the average male driver. Result, women tend to get cheaper car insurance.

Shop Around
According to the Association of British Insurers it is possible to save 35% on a car insurance premium by simply comparing several insurance companies against each other. As young drivers such a discount can be considerable. So get as many insurance quotes, online or otherwise, as you can. It will save you money.

The easiest way to shop around is to use a price comparison site. In my experience Go Compare have the best and most comprehensive service. For A Young Drivers Car Insurance Quote Click Here.

The Three Main Car Insurance Options Are
Third Party Car Insurance: The most basic car insurance option. Third party car insurance is the minimum coverage that allows you to drive legally in the UK. Any damage you do to a ‘third party’ i.e. someone or something that is NOT YOU or YOUR CAR is covered. You have no cover for personal injury or damage to your vehicle. So, if you damage your car, or if your car is stolen, with third party car insurance you will have to pay for the repairs or cost of replacing the car.

Third Party Fire and Theft: As well as the most basic level of insurance (above) Third Party Fire and Theft insures your car against fire and theft. This option is the most popular car insurance for new and young drivers.

Fully Comprehensive Car Insurance: Comprehensive insurance gives you full risk cover for your car. This means that you can claim for any damage caused to your car by any means, apart from exclusions found in the small print.

In addition to allowing you to claim for the damage caused to your car in an accident, with comprehensive car insurance cover, you can also claim for acts of vandalism, theft, or any other accidental damage to your car which does not involve a crash.

Given that most young drivers want the cheapest car insurance quote they can find, fully comprehensive insurance is rarely an option.