How to Get Cheaper Student Car Insurance
If you are a young undergraduate looking to save money you could benefit from shopping around for cheaper young driver car insurance. After making an all-important budget which includes necessities such as rent, food and bills you may not believe you have enough pennies to purchase young driver car insurance.
Figures from a leading insurance company show that up to a third of students think car insurance premiums are too expensive. However, it is a legal requirement to get cars insured and the numbers of companies offering deals to undergraduates is on the rise. In addition to researching the deals specifically targeted at students there are a host of different ways that you can reduce premium rates.
First of all, you can decide to vary your level of young driver car insurance coverage to bring costs down. The least-costly option is third party insurance and this provides funds to damage you cause to someone else's car – you get no money to repay damage to you own vehicle. Many people opt for the next level of insurance which is third party fire and theft.
This second level of coverage has the added bonus that it pays for any damage you cause to other vehicles and it also pays out if your car is stolen or set on fire. If you want the highest level of car insurance you should opt for fully comprehensive but bear in mind that this is likely to be the most expensive.
Students with this level of coverage will benefit from all the protection offered by the two other types of insurance and they will also receive money to repair their own car should it be damaged in a collision. Another way to reduce premiums is to only buy vehicles with smaller engine sizes as they cost less to insure. Larger engines are linked with a higher likelihood of being involved in an accident and ought to be avoided if you want to save money.
You should also resist changing or modifying your car to improve its speed as this will also push up your monthly premiums. Cars which are kept off roads, such as in garages or on driveways, can also attract cheaper premiums as they are less likely to be broken into or stolen. If you can squeeze some time into your study schedule you should also consider taking part in the Pass Plus scheme.
This is a course which acts as a top-up to the driving experience of new motorists as it includes lessons on night and motorway driving. Students who possess the Pass Plus certificate tend to be offered lower rates for car insurance.
Rochelle Martinez, Freelance Web Content Article Writer for three years.
Article Source: ArticlesBase.com - How to Get Cheaper Student Car Insurance