Low Cost Car Insurance for Young Driver

Reforms in the way that car insurance for young drivers is calculated could brings premiums down by up to 30%. More and people agree that car insurance for young drivers, especially men, is overpriced, therefore a number of new factors could be brought in to adjust the premium to a realistic price.

Pychometric Testing

Car Insurance for Young Driver. A series of psychometric tests could be used to determine whether the person is likely to be a high risk driver. However, tests can be fooled and once the right answers are made public knowledge, whats to stop people fooling the system and making it useless.

Pay Per Mile

This system means you will pay a small amount for every mile that you travel in your car. A small GPS tracking device will record your speed, the time of day and where you are travelling, there are a number of pilot schemes running around the country which have already been very successful.

Car Insurance for Young Driver Past Record

Many young drivers are insured on their parents cars for a year or two until they can afford a car of their own. If a young driver can show they have been responsible, shouldn't they be rewarded?

At the end of the day, something needs to be done to remedy the way that young drivers car insurance is calculated. Is it fair that a 24 year old male with full NCB, no points and no claims should be penalised just because he is young?