We will explain how to get a cheap car insurance when it's your first time We are buying a car or becoming a driver of a family car. How much can it cost us to buy a car? first car insurance? Let's take a look at some of the keys to getting an interesting policy, even if you are a novice or young driver.
Discounts for cheaper car insurance
We always explain to our clients that, unlike other types of insurance, there are two ways to improve the price of a car insurance policy:
- The commercial discount: as in any other insurance, is the discount that each company allows us to apply (in some cases it is 20%, in others 30%,...).
- The good claims bonus: this is the most important one, as it can cut the price by up to 55%
Thanks to these two concepts we could get an All Risks insurance, even at 300 € in the best case scenario.
How much does youth car insurance cost?
Many times we get our car licence at the age of 18 and we encounter a small problem: the high cost of our insurance. The price of taking out a car insurance for the first time for a novice driver, Especially when you are under 25 years old, it is often much less expensive than in other circumstances. Therefore, insuring your car without current insurance can be less cost-effective than when you are not a new driver and have years of experience with a good claims record.
The range of young drivers tends to go from from 18 to 25 years of age, and can reach up to 30. These people are given special treatment, as they are considered to have less experience (although there is an increasing number, for example, of young people who obtained their licence at 18 and at 23 have more than 5 years behind the wheel).
What do I do if I have never been insured?
Yes you just got your license, In order to be able to take a car, you will need to be insured as at least an occasional or secondary driver. The same applies if you are under 25-26 years old (in some companies even 30).
This is what companies call a “recharged driver” in car insurance.
It's more complicated for those who don't just get into their parent's car insurance, but buy a car and need a car insurance policy. first cheap insurance already as a «policyholder», without being able to collect a bonus from any previous policy.
These are the options available:
1. Find companies that give us the maximum bonus
There are insurance companies that, despite not having previous insurance, will give us a very good bonus.
There are few of them, but we are lucky enough to work with some of them. So if you are in this situation, contact us and we will find a way to give you a solution that fits your needs and you can get a cheaper first car insurance.
2. Collect the car insurance bonus from a relative
Some companies also allow us to include a family member's bonus in our policy.
This means that this person is listed on the policy, and you are listed as the driver and owner.
As we can see, there are formulas through which we can get a competitive price in our car insurance for individuals. However, as we always say, it is necessary to check insurance coverages to avoid surprises if we are stranded or have a problem.
In this video we explain the tricks to save up to 60% on your car insurance:
