Deciding on Car Insurance For Young People

38 percent of insurance claims are by motorists aged 17-18, according to various statistics; one in every five motorists who are in their first year of driving will have an accident; 42 percent of accidents on the UK roads are caused by young people under 25; and more than two in five deaths on the road in the UK are accounted to young drivers. Online Motor Insurance Quotes,Donate your Car for Money,Hard drive Data Recovery Services,Donate Old Cars to Charity,Donate Car to Charity California,Donate Car for Tax Credit,Car Insurance Quotes PA,Donating Used Cars to Charity,Donating a Car in Maryland,Donate Your Car Sacramento,,Donate Your Car for Kids.

These are just some of the daunting, but real, statistics that insurance companies muse over when considering giving out car insurance for young people. Young people are simply a bigger risk for insurance companies - they're more prone to be convicted for drink-driving, they lack experience on the road, and they're more likely to be driving unroadworthy vehicles.

For these reasons, and more, car insurance for young people is substantially more expensive in comparison to insurance for those under 25. As a result, many young people just don't bother getting insurance, which actually raises the costs of insurance even more and places many of them in trouble with the law. This would raise any future insurance premiums of theirs as well.

By shopping around, young people looking for car insurance can find a better deal. It may take time, savvy, and a great deal of effort - and it may require some alternative thinking - but, it certainly can be done.

Deciding on a car

What car you drive certainly plays a big role in what kind of premiums you're going to be charged. You should stick to conservative vehicles in the style of a saloon. Sport utility vehicles and fast cars simply cost too much with insurance premiums, not to mention the large maintenance they require. Car tax is more expensive the bigger the engine; fuel consumption also rises; and even expenses like the tires of the car need to be considered. Modified cars are not a good idea either, especially if they have had chips installed, exhausts changed, or other alterations which increase the power or speed of the car. Many insurance companies will not even consider insurance for modified cars.

Deciding on insurance

The different kinds of insurance available, of which there are generally only three, depend largely on your needs, the price of the car, and the amount of time you intend to spend behind the wheel (amidst other factors). Third Party Only insurance, which provides you the bare minimum, is usually preferable only when you have a cheaper car. This is because Third Party Only covers only the third parties in an accident, and it doesn't cover your car or medical expenses. You would have to write your car off and buy another. Also, if the car is stolen or damaged by fire, hail, or any other way, it's up to you to fit the bill.

More pricey cars should come with more expensive insurance - such as Fully Comprehensive, which will cover mostly everything in an accident and cover the car if it's stolen or damaged. As an 'in-between' consolation, insurance companies also provide Third Party Fire & Theft, which is like Third Party Only but provides cover for theft or damage outside of an accident. Car insurance quotes,Compare car insurance online,Buy car insurance online,Auto insurance,Commercial auto insurance,Small business insurance,Professional indemnity,General liability insurance,e&o insurance,Business insurance,Car insurance,Insurance quotes,Insurance,Life insurance,Rental insurance,,Cheapest insurance,Insurance forbusinesses,Insurance in a business,Car insurance companies.