‘Up to a third’ can be saved on young driver insurance
Article Category: Debt Management Help and Advice
Newly-qualified motorists concerned that their car insurance premiums pose a debt risk could take action to reduce the cost, it has been claimed.
A spokesperson for car insurance provider Direct Line suggests that post-test qualifications can prove that a driver is responsible behind the wheel.
She observes that the Pass Plus course can result in savings of up to 35 per cent as motorists with the accolade may be seen as being at less risk of having an accident.
“It makes sense, because the average premium for a young male driver is going to be around the £2,000 mark,” she asserts.
“So if you divide that by three, you are saving around £600.”
Meanwhile, if drivers are using their parents’ car, she states they could be added to an existing policy, rather than arranging their own cover.
Those buying a car of their own are advised that smaller engines often carry reduced premiums.
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