There are many car insurance companies that will not insure drivers under the age of 21, and certainly not under the age of 25. This is because they feel that younger drivers are far more likely to be involved in a car accident than older drivers. Studies have shown that one in five young people will be involved in a car accident in their first year of driving. This is an alarming statistic, which, of course, the insurance companies are aware of. Young men are even more at risk of being hit with exorbitant car insurance premiums, as they are more likely to have an accident than a young female.

Luckily, more and more car insurance companies are being brought to attention about the fact that not ALL young drivers are going to drive recklessly. Coupled with some other implementations, a young driver can portray themselves in a more appealing manner which might get them a lower car insurance premium.

First of all, the type of car should be chosen carefully. Cars that have been modified will usually cost more to insure, as will cars with powerful engines and soft top roofs. Even if the modifications have nothing to do with the speed or power of the engine, the car insurance companies will normally frown upon this. Buying a car that is not a high theft risk in the country will also go a long way in ensuring a lower premium. Installing high security onto the vehicle will also lower the risk profile. This means putting in an anti-hijack system and tracking device. The car insurance company will also want to know that the car is kept in a locked garage at night.

In order to obtain a lower premium, it is a good idea to put an older, more experienced driver as a named driver on your car insurance policy. A dangerous avenue of this to take is when people “front.” This is when they name a much older person as the main driver, and then put the young driver as a named driver. This is actually insurance fraud if the main driver is really the young person. If a car insurance company finds out about this, prosecution could be their next avenue of action, or a really hefty fine. The insurance companies are really thorough when conducting their investigations, so it is better to follow the line of the law otherwise you could lose out on your claim altogether.