Cheap car insurance for students
It’s a heady time, you’ve got your placement and your getting ready to leave home and start your student life. It’s also a time when, if you have yet to come across the word ‘oxymoron’, then you are about to.
Cheap car insurance for students; one can almost picture the phrase on a placard at a protest march, but it isn’t going to happen anytime soon. And while we’re throwing weighty words around, you are also stuck in the middle of a paradox – you need to pay more for the mobility you need at the one time in your life when you can least afford it.
The truth is that there is really no such thing as cheap car insurance for students, so let’s accept that the term is relative and see if there are ways of making it cheaper. First you need to get a clear picture and take a look at the problems you face. Actually, there are really only two.
Firstly, you are young, and unfortunately that is an insurmountable problem quite simply because statistically it makes you a risky bet.
Secondly, you are possibly about to move from a suburb or even a rural area into an inner city, it’s annoying but nevertheless a knocking bet that thanks to crime rates, accident frequency and one or two other factors, your premium will be loaded accordingly. It is a mistake not to declare this fact because it can void any subsequent claim.
Now the good news; cheap car insurance for students is most certainly a game of shopping around and research. You need to get online and then carefully and doggedly compare policy quotes. Car insurance comparison if you are a student is more essential than ever and this is because you represent a healthy share of the market, and in the same manner as the banking industry, companies want to try to attract you early in life.
The consequence of this is that there are a host of areas in which many UK insurance companies will provide you with discount cover; they are not all the same and this is why cheap car insurance for students can be the reward for a little perseverance.
Start with the car you intend to drive, check insurance groups before you decide to buy a car and then accept that, apart from security and immobilisation equipment, you are not going to modify it in any way… it just loads up your premium.
Complete a Pass Plus programme after passing your initial test. Most insurers provide a discount if you have done so.
Consider accepting third part only cover. This means that you will have to pay for any damage to your own car but you will be covered properly for third party risks. Also you may wish to accept a policy excess, this means that you will be expected to pay a proportion of any future claim. Don’t be afraid to ask.
Certain companies who specialise in cheap car insurance for students actually take into account your current academic qualifications and even the subject you are studying. The rational is presumably that your educational achievements say something about your responsibility as a driver. Whatever the case, ask – it is in your interests to do so.
We all know that cheap car insurance for students is wishful thinking, but it need not be as expensive as you think.