Why Does Your Premium Rise When You Pass Your Driving Test?

As a learner driver, you have probably spent hundreds of pounds having driving lessons as well as being insured as an additional driver on one of your parent’s car insurance policies to drive their car or, if you are fortunate to have been able to buy your own car, to have your own policy. Whichever policy you are on, the premium is likely to be high to reflect the additional risk that you present to the insurer.

Having passed your driving test you can usually expect to see your car insurance premium rise for a time.

A lot of learner drivers think that once they have passed their driving test that the cost of the insurance policy will reduce. If you are one of those people then, unfortunately, you are in for a bit of a shock. This is because the reverse is likely to happen as far as the car insurance premium is concerned i.e. it will probably rise for a period of time.

So, why is this the case? Well, when you are learning to drive either when using a car that you own and have insurance on or one of your parent’s cars that you are insured to drive as an additional driver on their policy, you will be supervised by someone that is at least 21 years of age and has held a full UK driving license for a minimum of 3 years. It is an insurance company’s opinion that you are less likely to have an accident whilst driving under such supervision.

However, when you have passed your driving test and are legally able to drive a car unsupervised, you are, in the opinion of the insurer, more likely to be involved in a road traffic accident. Therefore, the risk is greater to the insurance company as a result of which you can expect to pay more for your own car insurance or to be insured as an additional motorist on someone else’s policy.

You may find it worth your while to shop around and check with a number of insurers to see if you can get cheaper young driver car insurance for the level of cover you require. In fact, why not ask for a quote through our website.