Car insurance advice for new drivers
Chris Keenan • January 21, 2020
As a new driver, you will be elated to have passed both your theory and practical test and be gifted with the freedom that comes with being able to take to the open roads. Before that final step of purchasing your first car is taken, you should consider the cost of insurance associated with the vehicle and the level of cover that you require.
With two thirds of people taking their driving test in the UK aged 25 or under, and success rates highest amongst this age group, it is a safe assumption that a large proportion of new drivers belong to this young group. With road safety charity Brake stating that drivers aged 17 – 19 account for nearly 10% of fatal and serious crashes, having comprehensive cover is absolutely essential for all new drivers, but with a particular pertinence for those under 25 years of age.
Aside from comprehensive cover, other types of policy available include “third party”, which is the minimum cover required by law – covering damage only to other vehicles or people and not your own costs, and “third party fire and theft” – covering the same as “third party” but with the added protection of your vehicle being damaged, stolen or destroyed in fire.
As aforementioned, a comprehensive policy is key for new drivers and, according to MoneySuperMarket, the average annual premium for new drivers insuring their vehicles under a fully comprehensive policy currently stands at £979 per annum. As the statistics from Brake indicate, new drivers are generally seen as carrying a higher level of risk which results in more expensive policies.
In order to help reduce the cost of your insurance policy as a new driver, there are a number of actions that you can take. A simple option is to choose a policy with a telematics box, also known as “Black Box insurance”, as this can save younger drivers on average £151.25. The telematics box records driving activities and takes into account speed limits, as well as cornering and braking – with the better savings afforded to the most careful drivers.
Selecting a vehicle that is in a lower insurance group will also equate to lower insurance costs. See a list of car variants in the lowest insurance groups below;
Group 1 insurance cars
Ford Ka+ 1.2 Studio
Nissan Micra 1.0
Skoda Fabia 1.0 S
Smart ForFour 1.0 UrbanShadow
Volkswagen 1.0 Take up!, Move up!
Volkswagen Polo 1.0 S
Group 2 insurance cars
Dacia Logan 1.0 Access
Ford Fiesta 1.1 Style
Hyundai i10 1.0
Skoda Citigo 1.0 S
Toyota Yaris 1.0 Active
Vauxhall Corsa 1.4 Active
Group 3 insurance cars
Dacia Sandero 1.0 Access
Fiat Panda 1.2 Pop
Renault Twingo 1.0 Play
SEAT Ibiza 1.0 SE
Smart ForTwo 1.0 Urbanshadow
Vauxhall Adam 1.2 Jam
Vauxhall Viva 1.0 SE
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