Named Driver Car Insurance

Learning to drive and passing the Driving Test usually takes a long time, for some people longer than others.  Young people are more likely to pass the Driving Test quicker than an older person. However, it doesn't really matter how long it takes and at what age you pass, it is for most people like winning the Lottery. The next step is to purchase a car and get it insured. By law before anyone can drive a car it must be covered by at least third party insurance.  This will cover the owner if they have an accident or involve someone else in the accident.  Third party fire and theft insurance will cover the car catching fire or setting some other person's car on fire.  If your car is stolen it will be covered for the current value at the time of the incident.  Fully comprehensive insurance covers for almost everything such as a broken windscreen and protecting your no claims bonus.  Car insurance is not cheap and for new drivers it is particularly expensive.  This is because a new driver is seen as being more at risk from having an accident.  A young person is more likely to want to drive at high speeds to impress their friends and take more risks than an older more experienced driver.  So is it possible for a new driver to get cheap car insurance?  The answer is no, but there are ways by which it is possible to get a reduction.

One way is having a named driver insurance policy as adding your name to the policy of a more experienced driver will certainly make a substantial difference to the premium.  Also another way is to buy a policy yourself and add the name of a more experienced driver. By adding your name to the policy of an experienced driver who has built up a no claims bonus over a number of years is perhaps better for just a short term solution.  But the downside is that the longer you are a named driver on someone else's insurance policy you will not build up any no claims bonus yourself.  Although it will probably cost more to buy the policy yourself and add the name of an experienced driver for a few years this is probably the best option. This way it allows you to build up a no claims bonus yourself which in future years will go towards reducing your insurance premium.  

Summary

By checking the comparison web sites and comparing different quotes for a named driver you can get the best deal.  Always read the small print and make sure you are being covered for all the essential aspects before making any decision.  Remember by driving carefully and building up your own no claims bonus will make a big difference to your insurance premium in future years.