 |
Car Insurance Advice for Young Drivers in the UK
Over the course of the last ten years, car insurance for young drivers in the UK has increased substantially. This has caused many problems for new drivers with premiums averaging 1300 for a newly qualified 17 year old male driver. Young female drivers pay a lot less for their policies due to their reduced risk of being involved in an accident. EEC law is looking to make this a discrimination issue but insurance companies and representative groups are opposing this move. The main factors which will effect your insurance premium are listed below; The Vehicle - Choosing the right vehicle will have a massive impact on your premium. As a guide, look at the insurance group of the car. The grouping structure runs from Group 1 to Group 20 and your insurance premium will increase as you move through the groups. Use the link below to our web site and use the car grouping guide which will give you an indication of which vehicles fall into which groups. Do not however rely on either guesswork or a basic group guide when choosing a car. Even a subtle difference in model of vehicle could effect your premium massively - Get quotes on every type of car you are looking at before deciding on buying one. Where you live - Not a lot you can do about this but in some areas of the UK you are twice as likely to have your car stolen. In London you are 50% more likely to be involved in an accident - Your premium will reflect where you lice. Pass Plus - If you have just passed your test, seriously consider pass plus. This will give you discounts of up to 20% off your insurance premium. The course costs 120 so can be very effective at saving you money and improving your driving skills. Type of Cover - As a first time driver you will normally be restricted to third party fire and theft cover because of the costs involved. Consider third party only cover also. There are no shortcuts when insuring your first car but there is a silver lining to that horrible first premium. A safe years driving will result in a drop in your premium of around 50% in the following year. 17 to 40 is a web site dedicated to providing information and quotes for young driver insurance in the UK
MORE RESOURCES:
Google News
|
|
|
|
RELATED ARTICLES
How to Reduce Home Insurance Premiums
Here are some useful tips on how to reduce Home Insurance premiums.Home insurance, also known as Household Insurance is a policy designed to cover your home and if applicable its contents against the possible risks.
Discount Auto Insurance - Keep Your Hard-Earned Money
Finding discount auto insurance is so easy when you do an online search. There are many insurance companies that do offer this option for many customers who want to search through several different companies to get the best possible quotes.
Taking The Mystery Out Of Long-Term Care Insurance
Here's the good news: with improvements in medical
technology and healthier lifestyles, people are living
longer. Life expectancy today has increased to 83 years, up
from 78 years in 1940 (The Shopper's Guide to Long-term Care
Insurance from the National Association of Insurance
Commissioners).
What is Travel Insurance?
Travel Insurance is designed to protect your health, belongings, and your financial investment in your trip. It provides peace of mind for you and your family while on your vacation.
Health Savings Account (HSA): Useful for Women in Childbearing Years?
The Health Savings Account (HSA) is an amazing tool that a lot of people have been talking about. It is meant to help you save money on insurance and make your life simpler, maybe even help you be healthier.
Is Your Financial Security at Risk?
The topic of insurance is not sexy by any means. Perhaps that's why so many people avoid addressing it.
Individual or Family Health Insurance Options
As more and more individuals working at home with or without families find themselves without some kind of group health insurance. Sometimes even working at a job, no health insurance is even offered.
Should You Have Higher Deductibles On Your Coverage?
What is a deductible? A deductible is the amount you pay before your insurance carrier pays any claim. Insurance companies offer deductibles on certain coverage in insurance policies as a method of sharing risk with the people they insure.
Flat Insurance in the UK
What are the factors involved in flat insurance? Do I need to provide both buildings and contents cover? Who will cover shared flats or flats with student tenants?The responsibility to insure the building fabric of a flat lies with the freeholder. This means that if you own your flat on a leasehold basis then you only need to insure the contents.
Business Insurance - And What You Need To Know
Getting your business up and running is exciting, challenging
and hard work. You're finally making money - and you are the
driving force that is making your business grow.
Group Term Life Insurance and the Options Available
Group term life insurance is more affordable than individual life insurance policies because the costs to the insurer are lower. They have less paperwork to handle, and are guaranteed multiple accounts from one sale - which is their incentive for offering this type of policy.
Apply Online for Temporary Health Insurance
There are times when you'll find yourself temporarily without health insurance. You may be between jobs, just starting a new job or a student who is no longer covered on your parent's health insurance.
Term Life - Who Needs It?
If you've read any of the books or articles by popular personal finance gurus you've probably heard of the affordable life insurance alternative called Term life. Term life insurance Quotations are recommended by many popular personal finance gurus and can be a good choice for: Young families or those on a limited budget, yet still need a large amount of life insurance.
Life Insurance Fears Post the London Bombings Tragedy
Following on from the tube train and bus bomb attacks in London there was a move from several UK insurance companies to reassure victims that claims would be processed "quickly and sympathetically". This need for reassurance came in light of concerns that many victims of the blasts would not be covered by their existing health and life insurance cover.
Underwriting Life Insurance For Diabetics and Diabetic Life Insurance Information
Life Insurance Companies differ in their "underwriting philosophy" when it comes to diabetes. Offering life insurance for diabetics can be risky if the underwriters are not fully trained.
Seven Steps to Filing Your Car Insurance Claim
Having even a teeny-tiny car accident can be one of life's least enjoyable moments. However, accidents happen, and sooner or later, we all have the experience of meeting one of our fellow road travelers up close and personal.
Photography Insurance-Insurance for the Photographer
Part and parcel of establishing your own photographic business is establishing your own legal entity. This means establishing yourself for taxes.
The Many Benefits of Travel Protection Plans
Many people purchase insurance thinking I want full coverage and once I get it I will be covered for every event that may befall my vehicle. But then they begin to question if every type of incident is covered with full coverage.
Life Insurance Providing Little Protection from Terrorism
Recent statements by the City of London Police Commissioner James Hart that future terrorist attacks in London's financial centre are, "a matter of when, rather than if", will increase already serious concerns over issues of personal and business financial protection.Mr Hart's statement pointed out that, "if you want to hurt the government, hurt people at the same time, and you want to cause maximum disruption.
Types of Auto Insurance Coverage Explained
A question you might ask yourself is: why must we carry auto insurance? Hopefully one answer you should hear is to protect yourself and your car. For those same reasons the government also requires you to have car insurance.
|
