Practice insurance.  Can the additional cost for the young driver be reduced?

Practice insurance. Can the additional cost for the young driver be reduced?

The insurance company can apply an additional premium to you when concluding your car contract in the following cases: you have held your license for less than 3 years (young driver or new driver) or you have had your license for more than 3 years, but you have not been insured for more than 3 years.

As a result, it will become much more expensive. The insurance company can apply you to double the premium in the first year; Less if you have followed the accompanying driving process.

Accompanied driving, additional discounted cost

There are some benefits to accompanying driving. The first is to complete 3000 km of real driving; Useful training to avoid the risks of inexperience.

In practice, the insurer reduces the amount of the additional premium; 50% of the premium amount in the first year instead of 100%, then 25% in the second claim-free year, 12.5% ​​in the third year, and finally, there is no more increase at the end of the third claim-free year. So it is necessary to wait 4 years, but there is better.



Accompanying driving is a good way to gain driving experience and also to lower your insurance premiums.  picture d

Accompanying driving is a good way to gain driving experience and also to lower your insurance premiums. picture d

Secondary driver good plan

To partially circumvent the effects of the extra premium, you can request that you be declared as a secondary driver in your parents’ car insurance. The insurance company has every right to refuse, and it can also accept a small increase.

The secondary driver of the vehicle is the person whose full name must appear in the insurance contract, next to the name of the main insured; He is allowed to drive, but only occasionally.

As far as pricing is concerned, it depends on the insurance company and can go as far as no profit margin. Check it out by asking him.



Depending on the different business policies of insurance companies, some are more inclined than others to offer more interesting business proposals to young drivers.  Feel free to compare prices and offers.  AXA PHOTOS

Depending on the different business policies of insurance companies, some are more inclined than others to offer more interesting business proposals to young drivers. Feel free to compare prices and offers. AXA PHOTOS

Choose the right car and the right insurance

In the insurance company’s pricing, characteristics related to your car: make, model, series, financial horsepower, new or used car, it is important to calculate the premium that you will have to pay.

A small used car with a low value and a modest engine will cost less to insure, but also to maintain and repair and will provide the same services for a novice driver.

As far as insurance is concerned, choosing the same insurance as the parent can be a good plan, or you can turn to mutual insurance companies or insurance companies that specialize in young drivers. In any case, compare the offers.

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