Passed your test and ready to hit the road? Before you get behind the wheel of your first car there is one very important thing young drivers need to arrange – car insurance. But before you contact one of our experienced advisors, as a young driver and new policy holder, there are some things you should be aware of…
Fronting is ILLEGAL
If you aren’t familiar with the term ‘fronting’ when it comes to car insurance, it is the act of an older person (usually a parent) registering as the main driver of a car, when in reality, the main driver is a younger, less experienced person. This is done with the intention of saving money on a policy, and is against the law. The main driver of a vehicle should always be the named person, and failure to declare could mean that in the unfortunate case of an accident, your policy will be void.
Beware of modifications
While everyone wants to drive a sleek, enviable first car, those modifications may actually be what boosts your car insurance sky-high. Cars with considerable altercations can be deemed high-risk for accidents or targets for theft, meaning they carry higher premiums than basic models. What constitutes a car modification? Spoilers, alloys, extra headlights, even rally markings, all fall into this category. But there are some which could bring your policy down, such a tow-bars, which mean while hooked up you are more likely to drive at a moderate pace.
AbbeyGo can save you money
AbbeyGo is a clever little unit that looks out for young drivers whenever they are on the road, and by adding one to a young drivers policy, you can bring down the cost of your insurance. Basically, a small telematics device is fitted discreetly to your vehicle windscreen and it uses satellite technology to assess acceleration, braking, cornering and speeding, as well as other influential data. Because we know you will be driving with care and consideration, your risk of an accident is greatly reduced, reducing your policy costs as well! Find out more about AbbeyGo.
An older car doesn’t mean your insurance will be any cheaper
Many opt for an ‘old-banger’ for their first car as they learn the roads. The general feeling is that the older the car, the cheaper the insurance. Well, we can confirm that this is a myth. In fact, in many cases it is the opposite! This is because many new car models have additional safety features, like cameras, which aid in accident prevention and keep policy costs down. In reality, the main thing which affects the cost of a car insurance policy is simply the age and experience of the driver.
Your address should be where you spend the most time
If you plan to buy your first car to get you to and from university, then your address needs to be considered when purchasing insurance. Many first-time buyers think their parent’s address is the one to use, but in reality it should be where you spend the majority of your time, and if you plan to leave home with your car, then that could be your university accommodation. Failure to inform your insurance company about where you are living could result in your policy being invalid, so it is extremely important to keep your advisor up-to-date on your whereabouts.
Abbey Insurance Brokers
When it comes to securing affordable car insurance for a young driver, remember honesty is always the best policy. If you are upfront about who, when, where and how the car is being used, our expert advisors can give you the best guidance on securing an affordable policy. Feel free to give a member of our dedicated team a call on 08000 66 55 44 to discuss the best options.