Learner/Provisional Driver Insurance – Top Tips to Get The Best Price
Caeva O'Callaghan | October 24th, 2018
Learner drivers face a challenge getting insured. Many insurance companies quote extremely high prices for learner policies. In many cases, the learner driver simply cannot afford the premium.
We all know that in general there many factors which put upward pressure on Irish insurance costs. These include higher injury awards than the rest of Europe.
In this landscape, it can be difficult for a learner driver to get a policy that doesn’t take a serious toll on their bank balance.
How Can a Learner Driver Get Cheaper Car Insurance
Here are several tips that could help you save on your insurance premium if you are a learner driver.
Pick a Small Engined and Relatively New Car.
We would recommend that you pick a small engined car that is less than ten years old for your first vehicle.
Yes, we know that it is not the most sporty or glamourous option but in reality, you will save on your insurance premium when compared to a 2-litre car.
Get Multiple Quotes
As with anything, when you shop around you tend to find the best price eventually.
As a result, you should get quotes from multiple insurers. As an insurance broker Quoteme.ie does this for you and will get quotes from thirteen different insurers.
Third Party, Fire and Theft or Comprehensive
It is easy to say to just go for Third Party with Fire and Theft. However, in some cases, the difference between the two types of policy may not be that large. Therefore, consider the additional value versus the cost of going with a comprehensive policy.
Get quotes for both and make your decision when you see the prices.
Become a named driver on a fully licenced driver’s vehicle.
This is an option if you need to get more experience and have somebody willing to put you on their car policy.
All the better if this person will be your accompanied driver when you are getting additional experience away from your lessons.
They will already be able to take over driving if needed because they will be insured on their own car.
Add a driver with experience such as your accompanying driver as a named driver to your policy.
This may reduce your premium. Adding the driver that will be accompanying you as you get extra on-road experience may be a worthwhile option.
Resale value and modifications
Make sure you know the resale value of your car to avoid over-insuring. Another important point to keeping your insurance down is to avoid buying a car with unnecessary body modifications or engine tuning. These are likely to increase the amount you will pay for insurance.
Provisional Licence Holders Insurance
All in all, although the insurance premium for provisional licence holders is higher than those with a full licence, savings can still be made by following the tips above.