Learning to drive a car is quite exciting but paying for the car insurance can be quite burdensome.The premiums can be quite high especially for beginners as the rate of risk is also quite high. There are certain factors the insurance companies take into consideration before fixing the rate of premium.
Learn to drive in parent’s car
Car insurance companies calculate the rate of premiums on risk that is involved. Beginners are more prone to the risk of accidents, which means there are chances that they will claim the insurance. Therefore, these beginners will have to pay high rates of premium for the car. For the provisional driver car insurance the premium amount will be less. The car should belong to an older and experienced person and his name should appear on the policy, then the premium will be cheaper. It could be a parent or an elderly friend who will sit alongside the beginner while learning to drive. This person must be above the age of 21 and have an experience of over 3 years driving experience to be able to legally teach to drive.
The model of the car
There are other ways in which you can reduce the rate of premium. Premiums are also calculated on the size and model of the car. It is wiser to buy a small car initially whose model falls under the category of low premium. The insurance rates for these cars are fixed on the features these cars are built with. The overall performance and the likely hood of accidents are looked into. The security features are also considered as it minimizes the chances of theft. The cost of spares and the cost of repairs will be taken into consideration. Before buying your new car it is advisable to check with the car insurance company what all comes under the insurance cover.
Add security features
The insurance rule in Liverpool is that any car that is modified will have to pay higher or lower premiums depending on the modification. It is advisable to keep modifications to bare minimum or not have and modifications done at all. Modifications to enhance performance like getting alloy wheels and fixing spoilers to the car will raise the rate of premium considerably. However, if you add extra security features like alarms and immobilizers, the premium rates come down. Modification for enhancing security reduces the risk of theft, which means less chance of claiming insurance which is beneficial for the insurance company and hence lower rate of premium.
You can get a provisional driver car insurance for just a minimum period of 28 days so that you will have to pay less premium amount. Another way to lessen the cost of premium is to enroll in a professional driving school for driving lessons. This will work out much cheaper in the long run. The fees will include the tuition fees, the cost of the fuel used for driving as well as the insurance cost.
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