Car Insurance Teenagers

10 good tips to reduce the cost of car insurance for teenagers.

1) Build up and protect - in the shape of an increased premium - your no-claims bonus.

2) Increase your policy excess.

3) Restrict drivers on your policy to just one named other.

4) When signing your car insurance, add teenagers if absolutely necessary; or add them temporarily, for example during university holidays.

5) Keep vehicle modifications to a minimum, as they will push up the price of the replacement value. This is usually a problem with car insurance for teenagers since they want all the fancy accessories and extra fast cars.

6) Pay your premium in full instead of in monthly instalments, because insurers will offer a discount on a lump sum but add a surcharge for instalments.

7) Shop around - high-street broker commission charges can add 30% to the cost of a policy.

8) Install security measures such as an alarm or immobiliser.

9) Park your car on the driveway or in a garage where possible, to reduce likelihood of theft or damage.

10) The fewer miles you drive, the cheaper your cover. Make sure your insurer has an accurate estimate of your annual mileage.