When it comes to paying for car insurance, younger drivers have always had the hardest time. Everyone knows that a younger driver will have to pay the most for the privilege of driving. There are, however, ways for young drivers to save money on their car insurance. One of the best ways for a young driver to save money is to be careful about what kind of car they choose to drive.
For example, new research shows that the original Beetle is one of the least expensive cars to insure. If a 17-year-old got third-party fire and theft insurance on this car, it could be insured for less than four figures. This is the only car that costs less than £1,000, and after this a 17-year-old can expect to pay much more, up to £1,336 per year.
After the Vauxhall Corsa, the Peugeot 106, the Fiat Panda, the Mini, the Fiat Uno, the Citroen AX, the Peugeot 205, the Renault 5, and finally the Vauxhall Agila, have the lowest premiums.
The size of the car's engine is another thing you should think about. The bigger the engine, the more you will have to pay for your premium. As a general rule, you should always choose a car with an engine that is less than one litre. If you choose a car with a bigger engine, your premium will go through the roof. If a 17-year-old wants a car with a 1.0-liter engine, they can expect to pay around £1,336. If they want a 1.4-liter engine instead, they can expect to pay at least £4,000.
Now that you know how to save money on your car choice, the best way to save money on your car insurance is to shop online. When you buy insurance online, you can compare prices from many different companies to find the best deal for your age. Not only that, but you can also find out about the different parts of your policy that you can add if you want to. Adding to your policy will, of course, make it much more expensive.