Car Insurance for Young Drivers - Fact, Fiction, Fright! We bought our son a car for his 18th birthday! It was not bomb it absolutely was safe and reliable so we been with them tested thoroughly from the local mechanic. We also insisted, much to his displeasure that this engine power was out from the speedster range. Having organized everything about the car buying side we then visited get the required drivers insurance. There were a good amount of companies on the market with special policies on motor insurance for young drivers however the thought of cheap auto insurance for young drivers was mythical with many different ones add up to 1 / 3 of the price from the car itself. There are several main reasons why you should maintain proper insurance or advise your carrier about modifications. New modifications may add value for the car or raise the probability of vehicle theft. Since the elements of a modified car can exceed the vehicles value, your carrier have to know what the parts are worth. Also, the increased speed from some modifications may increase the chance of accidents. Do not result in the mistake of not informing your insurance provider about modifications for your car. If you dont advise your insurer about modifications and they later learn about them, your policy is (view source) going to be terminated, intern resulting in un-covered plus your insurer refusing to payout in the eventuality of any sort of accident. Its a bit of your surprise then to find out that in the UK in 2009 there have been an overall total of 222,146 reported road casualties, which range from minor cuts and bruises to death. Those are reported casualties, the existing estimate in the Office of National Statistics which includes the unreported is nearer 700,000. Luckily, more insurance agencies are selling motor insurance for young drivers and students alike. They have been more understanding of the progres in attitude of car owners. A parent might have his childs car insured beneath the childs name for legal purpose or convenience in claiming damages if you find a desire to. - Balance your daily life. While it isnt bad to party every once in awhile, everything will need to have some kind of balance for you to truly enjoy your college life. Joining an organization or Greek letter society is one way to boost your social media, and being part of the institution varsity squad is an additional way as well. Keep things moderately and your college years is going to be memorable ones.