Car Insurance for Young

Car Insurance for Young Tips for finding the best insurance for young

Finding cheap car insurance for young drivers is unfortunately a very complicated task. This is because most companies are wary to insure, mainly because of the high accident rate borne by this group. However, using our insurance comparator you’ll know in just 3 minutes insurers themselves would be willing to take cover, including a detailed analysis of coverage and prices.

Young people, especially those aged between 18 and 25 years, who bear premiums higher insurance, which can be up to 400% more elevated those of older drivers in the same circumstances . The fundamental reason is that insurance for young are generating more spending per policy to insurance companies because according to statistics, recklessness and lack of experience behind the wheel of under 25 increases the Chance to have a traffic accident. However, in this age range also the premiums vary widely based on factors such as the age of the driving license, the number of years that take insured or the technical characteristics of the vehicle to insure.

The reality is that most companies car insurance as Liberty Seguros , Life or Zurich are unwilling to cover with reasonable conditions regarding value. However, some insurers do exist as Mapfre, Internauto or Hotline have been concerned by the group of young drivers and have designed products aimed specifically for them.

For example, Mapfre recently launched car insurance for young YCAR (for drivers between 18 and 30 only). The main novelty of this new policy is that it is the first pay-per-use in Spain, as it offers the possibility of paying the insurance function of driving and driving responsibility of each driver. Thus, the company offers several options for the modalities of hiring third parties (YCAR Basic, Seven and Ten) and A All Risk (YCAR Leader YCAR All Risks 100).

Poro other side stands Internauto for being specialized in online sale of insurance for young drivers under 25 and through the policy “Young Community” company, whose price can be up to 40% in relation to other entities.

Hotline is also committed to young drivers, offering them a car insurance with discounts if they meet two conditions: no driving between one and six o’clock and not consume alcohol in any graduation. Also, if the driver spends three years without any accident, it ceases to have any limitations.

As a final example will name Fenix ​​Directo , echoing that women aged 18 to 25 are a lower risk than men at the wheel, it has a car insurance designed specifically for them at a very competitive price. They have the possibility of acquiring in all its forms, including policies of insurance, and always with the same guarantees of coverage and service offered to other drivers.

In conclusion, if you belong to the group or novice drivers under 25 and looking for cheap car insurance, we encourage you to find out which company offers the best price with our free insurance comparator.

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