Strap yourselves in wannabe petrol heads. With the help of money saving expert, Martin Lewis, Book Theory Test Today is hitting the road with 50 top tips that will cut your motoring costs. Tune in each & every week for a new tip and remember to share with friends and family and slash the cost of motoring.
This week weâ€™re looking at specialist insurance policies for young drivers. Are you a young driver? Did you know? There are some really easy ways for you to save money on your car insurance.
Cut the cost of motoring tip #6 â€“ Saving Â£1,000s on insurance with specialist policies
Book Theory Test Today says: â€œYoung drivers have it pretty tough when it comes to the cost of motoring. Provisional licence fees, driving lessons, the theory test and practical driving test all add up. Then, to top it off, they buy their first car and get whacked with a whopping insurance bill. So, here are some top ways to save on your insurance.â€
17-22 year old drivers pay, on average, Â£1,194 on their car insurance so you need a break because you simply canâ€™t afford that. Your first port of call should be the Young Drivers’ Car Insurance guide, which supplies you with some great tips for cutting the cost of insurance.
Hereâ€™s a synopsis of what the guide covers:
- â€˜Pay how you drive policiesâ€™ â€“ Worth checking to see if you can undercut quotes from price comparison sites, pay how you drive and pay when you drive schemes are a great way to slash insurance prices and cut the cost of motoring.
These schemes work by equipping your vehicle with a GPS or tacking device and what you pay is dependent on your mileage, the length of time you drive and your driving style.
- Specialist â€˜young driverâ€™ brokers â€“ They do exist, but too many young drivers rely on comparison sites, which are effective for standard motorists. However, they tend to under perform for drivers within a specific age group.
- Learner driver insurance â€“ Learners often get added to the car insurance policies of parents or friends. However, this increases the cost of motoring and can put the main policy holderâ€™s no claims bonus at risk. Instead, think about getting a policy specifically for the provisional driving licence holder.
Book Theory Test Today says: â€œFinding affordable insurance as a young driver is a hard process, but using these tips will not only cut the cost of your insurance, but cut the cost of motoring as a whole.â€
Book Theory Test Today offers an intermediary service assisting clients with booking a UK theory test, or practical test, at test centres across the nation. The service also supplies resources to help you prepare for your theory test â€“ Ready to take your theory test? Book your theory test online today…