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When the driver’s license is now one of your properties, you are allowed to move around freely in a car without fear of controls. However, you have one obligation: take out insurance. How much should this insurance cost you? The answer is in this article.
What is the average price for young driver insurance?
Auto insurance for a young driver always creates concerns with insurers. They focus first on the type of vehicle that the latter drives, as that is the key element in determining the price.
Thus, from one insurer to another, the price of young driver insurance varies. However, for the choice made on the third party formula, the average price is 250 euros per year. In the case of comprehensive insurance, young drivers can pay up to 800 euros per year.
In addition, when determining this price, it is necessary to specify the type of motorization that comes into play. Whether it is an electric vehicle or a gasoline vehicle, insurers set the price of the insurance. following certain points. The same goes for vehicles with diesel engines.
How not to pay an expensive young driver insurance?
Several tips allow a young driver to significantly reduce the cost of his insurance. It suffices for him to follow a few points and he will be able to see the magic of the fall in the price of this compulsory insurance.
It all starts with the choice of the vehicle on which it drives. Young drivers are considered inexperienced, and therefore, should not have high powered vehicles. They need a car that is not very powerful and has driving aids. It should therefore be noted that when they opt for accompanied driving, there is a positive impact on the amount of their insurance.
They need to be cautious on the road so that their information statement gives them a good profile with their insurer. Finally, it should be noted that using a broker also allows you to choose inexpensive insurance.
What type of insurance for a young driver?
When it comes to young driver insurance, most insurance companies tend to offer the all-risk formula. As a reminder, it should be noted that the insured has the choice between the third party formula and the all risk formula.
However, the fact that the insurers offer the subscription to the formula all risks, it is because of the susceptibility of young drivers to cause losses. In addition, to choose the right insurance, the young driver must take into account the type of vehicle he owns.
Comprehensive insurance will not be useful for a young driver with a used car over seven years old. It is only to the extent that the young driver has a new car that it is necessary for him to take out comprehensive insurance. In other cases, third party insurance and some additional guarantees will do the trick.