Car Insurance for 17 Year Old
Are you searching for Car Insurance for 17 Year Old? Have you been quoted a policy for a seventeen year old in excess of £1000? If the answer is yes, and yes - then you can be certain that this guide will help to deliver the lowest premium, provided from a select panel of over 20 leading young driver UK car insurers.
Q. Why is a Car Insurance Policy for a 17 Year Old so Expensive?
A. Each UK Car Insurer employs underwriting staff who are responsible for underwriting the costs that the insurance company may have to pay out to the (seventeen year old) policyholder or third party. There is a wealth of statistical information available to the underwriter from which they are able to calculate the likely (risk) cost of insuring a particular vehicle for a particular 17 year old.
On this web site you will find suitable policies for both provisional and full licence drivers, third party only, third party fire and theft and comprehensive car insurance for a 17 year old policies.
You will find most companies are accommodating for the 17 year old driver unless you have modified the vehicle to be insured. Remember - always check what the excess is on your policy, this is often where car insurance companies will aim to claw back money, particularly the case for young drivers. It is possible to voluntarily increase the excess which will lower the premium.
When selecting and purchasing a vehicle (possible your first car?) - choose sensibly! - A hot hatch with a turbo fitted is going to be considerably more to insure than a 1.2 Skoda.
Keep your eyes open for car insurance for 17 year old that features a 10 month bonus accelerator option (the policy runs for 10 months but you will get a whole year's worth of No Claims Bonus). Also you can expect a further drop in premium when you are in full time employment, as against being a student.
You need to be honest and realistic about the estimated annual mileage you expect to cover. It is worth noting however that the more miles you estimate, the higher your quote is likely to be. As a 17 year old with possibly your first car insurance policy the following items need to be noted and where possible adopted:
- Locked garage overnight
- Thatcham approved alarm/immobiliser
- Try not to overestimate the value of the vehicle