A Quick Look at Insurance for Younger Drivers

A Quick Look at Insurance for Younger Drivers - image


Millions of young drivers throughout the United Kingdom take to the road every year and as a result, they will obviously need to possess some form of insurance policy. This will help to legally and financially protect them if they happen to become involved in an accident while out and about. It is also important to note that there are policies specifically deigned to cater to the needs of younger drivers. What are some of the variants on the market and what do you need to know in order to make a sound and informed decision when the time is right?


What Types of Different Policies Exist for Young UK Drivers?

You will be pleased to know that the categories of insurance for younger drivers are actually the exact same when compared to those who are adults. First and foremost, the term "young driver" is generally used to define those who are between the ages of 17 and 25 although this could vary from region to region.


The most basic policy is standard third-party liability. As you may have already guessed, this package is the bare minimum required by law. It will provide the victims of an accident with financial compensation inn the event that they file a claim (and you are found to be at fault). However, none of your personal or legal expenses are included within this plan. This is why it might be a good idea to upgrade.


The next main policy is third-party fire an theft (TPFT). This policy covers the basics mentioned above as well as instances which involve your vehicle catching on fire or being stole. The contents within the vehicle may also covered although this will once again depend upon the provider as well as the stipulations found within the contract.


The most thorough policy is known as third-party comprehensive. Not only will you be protected from basic liability, fire, and theft, but this plan will often come equipped with a number of additional perks. These can include (but might not be limited to):

  • Good driver discounts over time.
  • Free emergency roadside assistance.
  • Towing to the nearest garage.
  • Coverage while driving abroad.

The best way to determine which policy is the best is to consult with a professional insurance firm. It is also prudent to compare at least three different providers in order to appreciate the differences between their policies. The Internet can provide a wealth of information and basic searches will only take seconds.


What Else do You Need to Know?

Young drivers are considered to be a greater insurance risk and therefore, the price of the policies can sometimes be higher. If you are having financial difficulties, it might be a good idea to see if you can be included within a family plan or if taking a defensive driving course will be able to lower your monthly premiums to a more agreeable and realistic rate.