|Many learner drivers have that driving question: why is car insurance for learner drivers so high? For starters, learner drivers have a heavier risk out of any age/experience group. Your first year is more likely to have an accident than any other time in your life. In addition, the risk of an injury or death related accident is high, being up to 10 times greater for those ages 17-20 years old than for older folk. Plus, a significant number of all accident deaths are caused by drivers under the age of 21. If this figure doesnít surprise you, maybe the fact that new drivers are involved in 29% of accidents while making up just one-tenth of all people owning a license.
Despite the numbers, there are many ways to cut your premiums. For starters, you can apply to third party insurance only which is the most standard insurance type. It is the minimum coverage you need that allows you to navigate the roads. Third party policies cover other peopleís damage caused by your car, not your car itself. For an extra fee, you can apply for a third party fire and theft package which is a popular policy for learner drivers that donít want to look at full comprehensive coverage. The third party car insurance for learner driversí policy is an excellent start towards building no claims record bonuses.
If their budget allows, car insurance for learner driver seekers can also opt for full comprehensive coverage insurance. This is the largest form by far, covering medical expenses along with third party damage. If savings is a primary concern, learner drivers can opt to stay in their parentsí plan as well. It would serve more benefits than buy having an individual plan. All in all, learner drivers are a special group that has been known for accumulated risk with the statistics speaking loudly.