Lower Car Insurance
Young people tend to pay more for their car insurance than older, more experienced drivers. There are, however, certain measures you can take to keep your premium as low as possible. Here are some helpful pointers that could steer you in the right direction!
1. Choose a simple car
Big, powerful SUVs and speedy sports cars may seem attractive but they’re probably not the best option if you’re a young driver trying to save money on your car insurance. These kinds of vehicles are generally involved in more expensive accidents and they’re also more likely to be stolen, two factors which will undoubtedly drive up your premium. Choosing a modest car with a few miles on the clock should help you save money.
2. Keep it secure
If possible, park your car in a driveway or in a garage overnight. A good alarm system is also a bonus. Any measure that reduces the chances of your car being damaged or stolen is always a good idea.
3. Take lessons
Even if you feel as though you’re an expert driver, having proof that you’ve taken professional driving lessons will help with insurance costs.
4. Get on your parents’ policy
This will allow you to build up a safety record and named driving experience, two factors which insurance companies take into account when young drivers want to go out on their own. It also gives you the opportunity to get your full licence before taking out your own insurance policy.
5. Get a full licence
When you pass your test and get your full licence, you should find that your insurance quotes aren’t as high as they used to be.
6. Be safe!
It might sound obvious but drive carefully and adhere to the rules of the road! Not only will this reduce your chances of having an accident and keep you, your passengers and other road users safe, it will have the added bonus of saving you money. If the penalty points and accidents pile up, so too will the cost of your insurance.
7. Let GMIB.ie do the hard work!
Shopping around for insurance can be a real chore. At GMIB.ie we compare quotes from over 20 insurance companies, including the likes of Liberty, AXA, Kenco and Aviva, so you know you’re getting the best deal possible.
Visit our homepage at www.GMIB.ie today to save money on your car insurance!