Learning to drive. The costs add up very quickly. As part of this, while driving lessons will often be one of the most significant, other costs such as learner insurance can also stack up. As such, finding ways to cut these costs can often be crucial. Luckily, the tips as follows could be helpful.
5 Simple Ways to Save Money on Learner Driver Insurance
If learner driver insurance has left your eyes watering, don’t fret. The following five simple tips may prove useful. But remember, every driver’s requirements are unique; so, it’s important to carefully weigh up all of the pros and cons of your chosen policy (not just price). This simple consideration could help you find a solution that balances affordability and versatility.
#1 Start with a Reliable Car
One of the most crucial tips is to choose a reliable car to lower your insurance costs. Indeed, this applies both to learner drivers and those who have passed. By starting with a car that’s got a clean history, there’s a lower risk of the car breaking down. In turn, this also increases the chances of the insurance company offering a policy that’s more affordable.
Run a vehicle through a car checker to ensure it has a good history, as a written-off vehicle or one in a high insurance group can cause the insurance premium to rise.
#2 Add Named Drivers
Did you know that adding named drivers to a policy is often cheaper than having two individual policies? This can significantly cut the cost of your policy by reducing the risk associated with the plan.
#3 Shop Around
As with any insurance policy, you should never simply take the first offer made to you. Instead, don’t be afraid to shop around! This allows you to search for cheaper plans, ensuring you don’t get caught out with an excessively expensive policy.
#4 Take Out Insurance with Cashback
Another way to save money on your insurance policies is to make the most of cashback opportunities. Cashback offers money back after you take out a policy, and taking out such plans could potentially save a little. Alternatively, you could look for policies that offer money back or free plans / policies / etc, this could help you get a little more for your money. While it may not be a direct cost saving, it’s still worth keeping in mind to get more from your insurance plan.
#5 Get a Black Box
Have you ever thought about getting a black box? These handy devices are useful for two key reasons. First and foremost, by restricting your driving to within the speed limit, you can stay safer on the road. Thus, this makes you a lower-risk investment for the insurance company. What’s more, black boxes also help encourage you to stay within the speed limit; this can often be tricky for new drivers. As such, black boxes help reduce the risk of speeding, making it easier to learn to drive. However, keep in mind that black boxes will note if you do drive irresponsibly, which could increase your premiums. So, while this can initially lower your costs, it’s important to drive safely to keep your policy down.
