Saving Money on Young Drivers Insurance Premiums Getting loans insurance for young drivers can be quite the daunting experience. The whole experience of obtaining adequate insurance plan for cars may be frustrating because young clients must pay high premiums. Actually, it is not just more expensive premiums - they may be on the list of highest coming from all driving groups. Insurance for young drivers is costly because of number of reasons. To piggyback, you are likely to add your name and vehicle onto someone elses vehicle insurance policy, in contrast to starting your own policy. You can generally only piggyback on spouse or parents auto insurance. The savings over getting your individual insurance policies are phenomenal. Some drivers repay 50% a lesser amount of what it really wouldve cost these phones enter their own name. Did you know that there are a number of insurance agencies on the market that really provide cheaper motor insurance for drivers who conserve a certain grade point average? For as long as each student maintains this grade point average, they will be rewarded which has a significant reduction in terms of their premium costs which will be carried into adulthood. Another great approach to reduce your insurance premium is with the help of in your parents policy. Doing so offers the trucker with all the benefits the primary insured gets and would also be able to drive some of the cars around the policy but with no need to pay for the rate it would typically cost the young driver if she or he were to purchase the same insurance independently. Insurance companies have standard fees in relation to many categories. For the middle aged experienced driver without having accident or low accident records theyre going to always have a large amount. For the aging driver there are certain rules that apply there too along with the policy may be more costly. However when it comes to automobile insurance for teens in the few several policies can almost exceed the need for an older used car. So again its crucial that you seek information while using Insurance bodies to assess which vehicles they look at the safest and least accident-prone Cars in low insurance groups cheapest car insurance for new drivers are likely to be small cars like the Chevrolet Matiz, Ciroen C1 and C2, Fiat Panda, Ford KA or Fiesta, Peugeot 107, Renault Clio, Skoda Fabia, Smart FourTwo, Toyota Aygo and Yaris as well as the Vauxhall Corsa. This is not a complete list however, you get the idea. You do not have to get a new car as a lot of the older kinds of the identical cars can also be in group 1.