Compare cheap car insurance
✔ Compare cheap car insurance quotes
✔ Over 110 insurance providers
✔ Get a quote in minutes
✔ Save up to £334*
- How to find cheap car insurance for teenagers
- Do teenagers need car insurance?
- Can I add a teenager to my car insurance?
- Can teenagers get their own car insurance?
- How much does car insurance cost for teenagers?
- Why is car insurance so expensive for teenagers?
- How can teenagers get cheap car insurance?
- Will a driving course help teenagers get cheap car insurance?
- What is the cheapest car to insure for teenagers?
- Is it cheaper to insure a new or used car for teenagers?
- Compare cheap car insurance
How to find cheap car insurance for teenagers
Car insurance can be more expensive for teenagers compared to other age groups. However, there are ways to reduce the cost of coverage by taking a look at our guide before you start comparing quotes.
Do teenagers need car insurance?
Yes, in the UK, teenagers who drive a car are required to have car insurance by law. This is to protect not only the teenage driver but also other drivers and road users in case of an accident.
There are different types of car insurance available in the UK, such as third-party, third-party fire and theft, and comprehensive cover. Teenagers are typically considered to be high-risk drivers by insurers, which can lead to higher insurance premiums. However, there are ways to reduce the cost of car insurance for teenagers, such as adding a parent or guardian as a named driver, choosing a car with a smaller engine, or completing a Pass Plus course. It’s important to compare different insurance options and choose a policy that provides adequate coverage at an affordable price.
Can I add a teenager to my car insurance?
Yes, in most cases, you can add a teenager to your car insurance policy. Adding a teenager to your policy can help them get the necessary coverage to drive legally and can also provide them with more affordable insurance rates compared to purchasing their own policy.
When you add a teenager to your car insurance policy, they become a named driver on the policy. The cost of adding a teenager to your policy will depend on factors such as their age, driving experience, and the type of car you have. Insurance providers consider teenagers to be high-risk drivers, which means that adding a teenager to your policy will likely increase your insurance premium. However, the cost of adding a teenager to your policy can still be less than buying a separate policy for them.
It’s important to note that if your teenager has their own car, they will need their own insurance policy. Adding them to your policy will only cover them while driving your car.
Can teenagers get their own car insurance?
Yes, teenagers can get their own car insurance in most cases. However, it’s important to note that car insurance for teenagers can be expensive, as they are generally considered high-risk drivers by insurance providers.
If a teenager has their own car, they will need their own insurance policy. To purchase a car insurance policy, a teenager will need to have a valid driver’s licence and provide information about their driving history, vehicle, and personal details.
There are several factors that can impact the cost of car insurance for teenagers, including their age, gender, driving experience, type of car they drive, and location. To get the best rate on car insurance, teenagers can compare quotes from multiple insurance providers and choose a policy that provides adequate coverage at an affordable price.
It’s also important for teenagers to understand the importance of safe driving, as maintaining a clean driving record can help reduce insurance rates over time.
How much does car insurance cost for teenagers?
Sadly, car insurance rates for teenagers are considerably high on average. Typically, the younger the driver, the more expensive the insurance premiums will be – with teenagers paying the most.
Based on the information provided by MoneySuperMarket, the average cost of car insurance for drivers aged between 17 and 19 is a staggering £1,876*. By comparison, drivers in their forties face an average cost of £470, which is less than a quarter of the cost for teenagers.
|
Age group |
Average premiums* |
|---|---|
|
7 to 19 |
£1,876 |
|
20 to 24 |
£1,241 |
|
25 to 29 |
£843 |
|
30 to 39 |
£627 |
|
40 to 49 |
£487 |
|
50 to 64 |
£321 |
|
65 or Above |
£286 |
*Based on fully comprehensive car insurance policies with one driver holding a full UK licence. MoneySuperMarket data collected between October and December 2021, accurate as of January 2022.
Why is car insurance so expensive for teenagers?
Car insurance is generally expensive for teenagers because they are considered high-risk drivers by insurance providers. Insurance companies use statistical data to assess the likelihood of an individual making a claim, and young drivers, particularly teenagers, are statistically more likely to be involved in accidents than older, more experienced drivers.
Teenagers also lack driving experience, which can make them more prone to making mistakes on the road. This lack of experience and increased risk can result in higher insurance premiums.
In addition to this, insurance providers also consider other factors when determining insurance premiums, such as the type of car being insured, the area in which the car is kept, and the teenager’s driving history. Sports cars or high-performance vehicles, for example, are often more expensive to insure for everyone, including teenagers.
While car insurance rates for teenagers can be high, there are ways to reduce the cost of premiums. Adding a parent or guardian as a named driver, choosing a car with a smaller engine, and completing a Pass Plus course are some ways to potentially lower the cost of car insurance for teenagers.
How can teenagers get cheap car insurance?
Teenagers often face high premiums for car insurance, but there are several ways to potentially get cheaper cover. Here are some tips to save money on teenage car insurance:
- Pick the right level of cover: It’s a common misconception that third-party insurance is the cheapest, but in many cases, comprehensive cover can be cheaper. This is because insurers view comprehensive coverage as a sign of a responsible driver, and may offer lower premiums as a result.
- Pick the right car: Choosing a smaller, safer, and less powerful car can significantly reduce insurance premiums. This is because larger and more powerful cars are generally more expensive to repair or replace, which can drive up the cost of insurance. Additionally, cars in lower insurance groups are generally cheaper to insure.
- Pay annually: While it may be tempting to pay monthly to spread the cost of insurance, it’s typically cheaper to pay annually. Monthly payments often include interest charges, which can add up over time.
- Try telematics: Telematics, also known as black box car insurance, uses a GPS device or an app to monitor how you’re driving. If you drive responsibly, your insurer may offer cheaper premiums as a reward. Telematics can be especially beneficial for teenagers, who are often viewed as high-risk drivers.
- Add a named driver: Adding an experienced driver, such as a parent or family member, to your insurance policy can reduce premiums. This is because the insurer assumes that the experienced driver will be behind the wheel more often, reducing the risk of an accident.
- Restrict your mileage: Agreeing to limit your driving can lower insurance premiums since the more you drive, the greater the risk of an accident. Some insurers offer lower premiums for drivers who agree to a lower mileage cap, such as 5,000 miles per year.
By following these tips, teenagers can potentially reduce the cost of car insurance premiums and save money in the long run.
Will a driving course help teenagers get cheap car insurance?
Completing a recognised driving course, such as the Pass Plus scheme in the UK, may help teenagers get cheaper car insurance. These courses aim to improve driving skills and experience and can make young drivers more responsible and less likely to be involved in accidents.
Many insurance providers offer discounts to drivers who have completed a driving course. However, the amount of discount offered can vary between insurance providers and may depend on the specific course completed. Some insurance providers may only offer discounts to drivers who have completed a specific course recognized by the company, so it’s important to check with the insurer before signing up for a course.
In addition to potentially lowering the cost of insurance premiums, completing a driving course can also help new drivers gain confidence and experience on the road. This can make them safer drivers in the long run, and may even reduce the likelihood of accidents or claims.
It’s important to note that completing a driving course is just one of several factors that insurers consider when calculating insurance premiums. Other factors, such as age, driving history, and the type of car being insured, can also impact the cost of car insurance for teenagers.
What is the cheapest car to insure for teenagers?
Selecting an appropriate car is a good way for teenagers to reduce their car insurance expenses. Insurance providers are more likely to offer lower premiums to young drivers who opt for a smaller, secure, and reliable car. This not only minimises the risk of an accident but also decreases the cost of replacement parts. Additionally, less modest cars are less likely to be a target for vandalism or theft. By considering these factors, teenagers can achieve significant savings on their car insurance premiums.
According to our research by MoneySuperMarket, the Fiat 500 Pop is the most affordable car for teenagers to insure, with average premiums of £1,097*. Although it may not be the fastest car on the road, it is an excellent choice for keeping insurance expenses under control.
Below is a list of the remaining four cars that are among the top five cheapest to insure for teenagers:
|
Car Make |
Car Model |
Average annual premiums* |
|---|---|---|
|
FIAT |
500 POP |
£1,097 |
|
FIAT |
500 |
£1,167 |
|
MINI |
ONE |
£1,361 |
|
FORD |
KA |
£1,364 |
|
PEUGEOT |
107 URBAN |
£1,376 |
*Cheapest cars to insure by average annual premiums for drivers aged 17-19, based on fully comprehensive policies with one driver only holding a full UK drivers licence. MoneySuperMarket data collected between October and December 2021, accurate as of January 2022.
By selecting one of these cars, teenagers may potentially reduce the cost of their insurance premiums, but it’s important to keep in mind that other factors, such as driving record and location, can also affect the cost of insurance.
Is it cheaper to insure a new or used car for teenagers?
In general, it is cheaper to insure a used car than a new car for teenagers. The reason for this is that used cars are typically less expensive to repair or replace, making them less of a risk for the insurance provider. Additionally, new cars often come with more expensive safety features that may need to be repaired or replaced, which can also increase the insurance premium.
That being said, there are other factors that can influence the cost of car insurance for teenagers, such as the car’s make and model, age, and condition. It’s essential to do research and compare insurance rates for both new and used cars to determine which option provides the best value for your circumstances.
Furthermore, it’s worth noting that while it might be tempting to purchase an older, less expensive car for a teenager, it is crucial to ensure that the vehicle is safe and reliable. It’s recommended to have the car thoroughly inspected before purchase and to invest in necessary repairs and maintenance to ensure the vehicle is in good working condition.
Compare cheap car insurance
Comparoo is a comparison website that allows you to compare cheap car insurance from over 110 providers. By using Comparoo, you can find the cheapest car insurance policy that suits your needs. With just a few clicks, you can compare policies from different providers and find the best deal.
Comparoo allows you to compare policies based on different factors such as coverage, deductibles, and discounts. This means that you can find a policy that fits your budget and your coverage needs.
On average, Comparoo customers can save up to £334 by comparing car insurance quotes. This is a significant saving that can help you to lower your car insurance costs and keep more money in your pocket.
If you’re looking for cheap car insurance, Comparoo is a great resource to help you find the best deal. With over 110 providers to choose from, you’re sure to find a policy that fits your needs and budget.
Car insurance blog
When Does an Old Car Become a Classic Car?
Related: What is Insurance Premium Tax (IPT)? [...]
Dec
Checklist for Buying a Second-Hand Car
Related: Will a Non-Fault Accident affect my Car Insurance? [...]
Nov
Tips To Get Cheaper Car Insurance
Related: Compare Cheap Pay as You Go Car Insurance Quotes [...]
Nov
