If you’re a young or newly-qualified driver, you are much more likely to experience high car insurance costs. Insurers will usually charge young drivers (aged between 17 and 24 years of age) and new drivers higher premiums than more experienced motorists. This is because young and new drivers are considered a greater risk and more likely to be involved in a collision or accident.
This guide will explain why young and new drivers are faced with higher insurance premiums, and suggests practical ways of reducing those costs - by using black box car insurance, for example.
Passing your driving test can come at a hefty price, as finding cheap insurance for new drivers can be difficult and often expensive.
However, there are ways to reduce costs and save money. Let’s take a closer look at why car insurance for new and young drivers is higher than for other motorists, how a black box policy works, and the types of car insurance available to you.