Cars & motorcycles
Loans & mortgages
Healthcare & pensions
Motorists below the age of 25 are called young drivers.
Frequently, other retention amounts apply for young drivers than for older drivers with more driving experience. The entry on the deductible provides more information in this regard.
Young drivers commonly pay slightly higher premiums than older drivers because insurers rate their accident risk as higher. At the same time, insurers are very keen to attract new and young clients, frequently offering reduced premiums if you are willing to install a crash recorder in your car or commit to a zero-alcohol level.
Young drivers are well advised to request quotes from several insurers and then choose the most suitable offer. In addition, there are a few tricks worth knowing. For example:
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