The freedom and independence that can be gained from owning a motor vehicle is particularly appreciated by motorists who are purchasing an insurance policy for the first time. Many new drivers are actually young drivers and these individuals are classed as high-risk drivers because of the mounting statistical evidence against them.
Adding a young driver to an existing policy will usually be cheaper than purchasing a standalone alternative but it will still lead to a significant rise in premium costs. There are a growing number of companies specializing in young driver car insurance and these are worth researching in a bid to driver down the cost of a policy even further.
One of the best ways to show a determined level of responsibility to an insurance company is by maintaining good grades at school. As far as the insurance companies are concerned, a mature and responsible student is more likely to be a mature and responsible driver. Unfortunately, this does exclude responsible students who may be struggling to obtain consistently good grades for other reasons.
The Graduate Drivers License scheme and test is another way for young drivers to show a responsible attitude. As well as showing a propensity to conform to safe road use, the skills picked up on these advanced driving courses will actually make a new motorist a much better driver.
All insurance policies offer the chance to increase deductible costs and the more a driver is prepared to pay out in the event of any subsequent road traffic accident, the lower a premium will be. However, it is only advisable to increase deductibles to a level where out-of-pocket expenses can still be easily covered.