Ten ways teens can cut their car insurance


The biggest hindrance to getting behind the wheel for a young driver is often the cost of insurance.

According to What Car?, the average premium for a newly qualified driver is a staggering £3,000. It's no surprise, then, that three quarters of young drivers say they'd take extra driver training if it reduced their premiums - which it usually does, by around £450 per year on average.

But there are plenty of other ways that a 17-24-year-old* can reduce their annual premium, reckons the eminent consumer mag. So, here you go...

Increase your excess. Average saving: £277
A £400 excess increase can bring down your premium by almost the same amount.

Stick with a lower trim. Average saving: £432
If a 17-year-old driver upgrades from a Studio to an Edge trim on his Fiesta, his costs could jump by around £400.

Research the level of cover. Average saving: £53 (third party only)
Third party or third party, fire and theft cover is usually cheaper than comprehensive insurance, but the average saving is so small that we would always recommend choosing the best cover you can afford.

Add a parent. Average saving: £1,005
Our sample driver reduced his premium by more than £1,100 just by adding his 52-year-old accountant mother to his policy.

Get a no-claims discount. Average saving: £253
Many insurance companies will now let you build up a no-claims discount on someone else's vehicle, so try to convince a parent to let you use their car.

Leave out the mods. Average saving: £305
Some insurers might not charge you for adding alloy wheels, but that full body kit could end up costing you more in higher insurance premiums than its price suggests.

Stick to a curfew. Average saving: £492
Restrict your driving hours to between 6am and 11pm. This may not be for everyone, but it could save you cash.

Stick with a smaller engine. Average saving: £265
A step up from a basic 1.25-litre Fiesta to a still-modest 1.4 can bump up insurance premiums by more than £250.

There are eight items in the list above. The ninth is the aforementioned driver training, and the tenth is shopping around, which is obvious but difficult to quantify.

*And anyone else, for that matter.