Getting your first car is one of those rites of passage moments. Finally you can stop relying on your parents to be your chauffeur, and you can get from place to place without the need for public transport. One problem that confronts young drivers, however, is the cost. Parents might be willing to help out, but when you consider all of the things you need to pay for to get on the road, the total can be prohibitively expensive. Just think: you've paid for a series of expensive driving lessons, now you have to buy a car, pay tax, get car insurance, and then actually run the thing. In all, you'd be lucky to pay less than ?1000 for your first car; and that's after you've finished paying for lessons. Sometimes, car insurance can even be more expensive than the cost of the car itself, but there are certainly ways to slash the price of this. Take a read of this article for a few pointers on saving for your first insurance quote.
Take Pass Plus
Having passed your initial driving test, you may be skeptical about getting back in the car with an instructor and paying for yet more lessons. However, if you have a Pass Plus certificate, you'll be considered a much safer driver. This is great for young drivers, because the less risk you are to an insurer, then the cheaper your quote will be. Often the money you pay for in the advanced lessons will be more than made up by your cheaper car insurance quote. You'll also more than likely be a much more confident driver, especially on motorways.
Consider Third Party Fire and Theft
Fully comprehensive car insurance will cover you for damage incurred to your car under the terms of your policy. You will also normally have to pay an excess as well, meaning that your insurance provider will only pay out if the bill for repairs is above a certain amount, then you will have to make up the difference. This means that getting fully comprehensive insurance on a cheap car might not be worth it. Instead, you should consider Third Party Fire and Theft. This is the lowest amount of car insurance that you are allowed to have by law. Basically, such a policy will not pay out for damage incurred to your car should you crash. It will, however, pay any legal fees that may arise, and cover you against damage caused by fire or theft. It's certainly worth considering if the car purchase was below ?800.
Shop Around
Getting your first car will certainly be quite an experience, but getting your first car insurance quote is also important. The key here is to be prepared to spend a lot of time searching for the best quote. Don't take the first policy that you see and don't just use an insurer because your parents or friends are insured by them. It's your car, and every insurance policy is unique, so you should take your time. Make sure you go through at least two of the main price comparison websites. After this, it's important to do your own searching, because not all insurers are included on price comparison websites. You could also get high amounts of supermarket points if you took out insurance through their websites. Take a look at Co Operative's car insurance, for instance, and see if there are any loyalty points to be gained through using them as a provider. It could be very rewarding.
