Young Car Insurance Rates For Under 21 New Drivers

Young Car Insurance Rates For Under 21 New Drivers


There are very few UK car insurance companies around that are willing to provide cheap young car insurance cover to new drivers even though many people have gotten their driving license (or driver's license as known in US) by the age of 21 years old. 
                                    
Firstly, it is difficult to provide an accurate measure of the driving risk for new young drivers because they have no prior records of their driving habits. The insurers will prefer to err on the safe side by charging very expensive young car insurance rates to prevent losses. This has become the norm and you are unable to fight the trend even if it sounds unfair.


Higher cost premiums are expected from car insurance under 21 years of age because drivers from this age group has been proven statistically to be at high risks of getting involved in road accidents. This policy loading is independent of other factors such as the crime rate and accident rate in the working and residential area of these new car owners and can make under 21 young car insurance rather expensive