Insurance for Youth

How to Get Cheaper Car Insurance for Young Drivers

Car insurance for young drivers is far more expensive than other categories, but why?

Consider these easy steps which can help reduce premium on your young driver or student car insurance:

  • Think twice about the type of car you buy. Some makes of cars are known for being stolen or involved in accidents more often, driving up premiums for that type of car.
  • Choose a more mainstream make of car with easy to get, less expensive parts. In Particular some imported cars they will have more expensive and difficult to obtain parts resulting in more costly car insurance. In some cases insurers may not even be able to offer cover for these vehicles.
  • Don't buy a car that's been modified and don't modify it after you've bought it.
  • Fit a security alarm and park your car in a locked garage rather than on the street.
  • Thinking ahead, never driving when you drink and not giving in to peer pressure will dramatically reduce your risk of accident. It's pretty obvious what the immediate benefits are but there are also long term benefits with many insurance companies offering no claim bonuses that can build over time to give substantial savings on your premium.

Because of the cost factor, young drivers may consider only the cheaper options of motor insurance covers being Third Party Property Damage or Third Party Property Damage with Fire and Theft cover. Sometimes this is the best option if you're driving an older car, however, check around and compare prices on comprehensive car insurance for young drivers as this level of cover often comes with some handy benefits such as emergency accommodation, alternative transport if you're far from home and cover for personal property damaged in a car accident.

Please read the Financial Services Guide before you acquire our services. By continuing to receive a quote or to purchase insurance you agree to receiving the Financial Services Guide by accessing it from this website. 1Cover Car Insurance Pty Ltd ABN 85 104 7298 955 is an authorised representative of Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz). Car and Home insurance products are issued by Allianz. 1Cover Car Insurance Pty Ltd act as an agent for Allianz not as your agent. Any advice here does not take into consideration your objectives, financial situation or needs, which you should consider before acting on our recommendations. You should read and consider the Product Disclosure Statement before deciding whether to acquire any product mentioned here. Available at www.1Cover.com.au 1Cover Car Insurance Pty Ltd receives commission on these products that is a percentage of the premium paid for each policy ranging from 5% to 20%. +Under 1Cover Motor Insurance, premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply. ** The percentage discount amount differs from state to state under 1Cover Motor Insurance products. ***Minimum premiums may apply. Any discounts/entitlements only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. #Competition runs 1/2/12- 30/3/12. Prize drawn 20/4/12 at Lvl 11, 2 Market St Sydney. Winners' names published in The Australian 25/4/12. Authorised under NSW Permit No: LTPS/11/11721; ACT Permit No: ACT TP 11/05130.2. Full terms and conditions available here or at allianz.com.au/prize. ^Terms and Conditions apply.