Savings on women’s car insurance
This is a guide designed to help female drivers understand how to lower the cost of car insurance during the different stages of driving. So read ahead and set the wheels in motion.
FEMALE CAR INSURANCE FOR LEARNER DRIVERS
All drivers need to be insured for the car that they are driving. Even if you are learning to drive you must have a valid insurance certificate covering you for third party liability.
Drivers with a provisional license can find that some car insurance companies are simply unable to offer a quote, whilst some are very expensive. Even after you pass your test, the quote may not lower in price, as you will still have little experience, so appear to be of high-risk to insurers.
The best way to find the best deal for learner driver insurance is to shop around and make a list of what you need from your car insurance. Start insuring your car in your own name, as this will start building up your no claims bonus, after one claim free year you could achieve a 30% discount at renewal.
Lastly, look at insurance companies that offer a pass plus discount. If you take the pass plus course after passing your driving test, some insurers will give you a discount.
CAR INSURANCE FOR NEW FEMALE DRIVERS
New drivers have no or little experience on the roads, so are statistically more likely to be involved in a driving accident. Evidence shows that new drivers are likely to have accident in their first two years of driving and one in five will have an accident in their first year. Therefore, you may find that premiums are high, but the good news is, that overall, women still pay less than men.
Again, shopping around is the best answer to finding the best deal. However, there are other factors that could help you spot a good contract. Talk to your friends, if they had an accident, did they have the right type of insurance to cover it? Check out car insurance buyer guides to see which level of cover suits you. Insure your car in your own name, as this will start building your no claims bonus. Read the benefits, as a new driver do you really need to drive your car abroad? Finally,iIf you take out high voluntary excess, then make sure you can afford it!
CAR INSURANCE FOR WOMEN UNDER 25
Although women get a cheaper deal than men, when trying to purchase car insurance, there are still factors that can affect the cost of your premium:
- Pick a car that is ideal for younger drivers low insurance group – This can be a car will a smaller engine size. Stay away from modifications or imported cars and this sends out the wrong message to your insurer, and therefore you could incur a higher premium.
- Consider the value of your car – This too will affect the cover type you need. Drive sensibly and legally, and you will not be punished with any convictions, which could again increase your insurance cost. Consider adding an older, experienced male driver to your policy, as this could bring the price down.
OVER 50'S FEMALE CAR INSURANCE
Due to the years of experience older drivers have, they usually are rewarded with cheaper car insurance premiums. Women over the age of 50, are statistically a lower risk to insurance companies. However, there are other key issues, which as a driver with a fuller driving history record should take into consideration:
- You may have built up several years of no claim bonus, so consider protecting it in order to safeguard your valuable discount.
- Check your annual mileage, as women tend to have lower mileage than men. This can affect your premium, so make sure you are not paying more than you need to.
- Avoid adding young drivers to your policy, as this can increase the risk, which reflects the cost.
- Just remember to choose a policy that suits your needs the most, after this you can put your life into gear and get driving!