Young driver insurance

Compare cheap car insurance quotes for young drivers

How much does car insurance cost for young drivers?

The cost of your car insurance will depend on lots of different factors including your address, car model and the type of cover you choose.

The average cost of comprehensive car insurance for drivers aged 18-24 is £928. But, it's £1,260 for third party only cover (TPO).[1]

For 17 year-old drivers buying comprehensive insurance, there's no getting around the fact that it's still expensive – although prices did drop slightly in 2020.[2]

This all means that comparing policies is more important than ever when you're at the beginning of your driving career.

How much is car insurance for young drivers?

Why is car insurance more expensive for young drivers?

Car insurance prices are based on statistics and the level of risk.

Government data shows that drivers and passengers aged 17-24 are more likely to be injured in a road accident than older people.

Your lack of experience will also make you seem more of a risk to insure, which will push up the price. As a young driver, you’re unlikely to have years of no claims to prove that you're a safe driver to insurers.

What types of car insurance are there?

There are three main levels of car insurance:

  • Third party only (TPO) – Includes damage to other people and their vehicle in the event of an accident. This is the lowest level of cover you’re required to have by law
  • Third party, fire and theft (TPFT) – Covers damage to other people and their vehicles due to an accident, plus damage to you and your car because of fire or theft
  • Comprehensive cover – This includes all of the above, plus the cost of repairing or replacing your car in the event of an accident

You can also get different types of insurance, like classic car cover or black box insurance.

Why is car insurance for young drivers so expensive?

How can young drivers get cheaper car insurance?

Here are some things you can do to lower the cost of your car cover:

  1. Choose a small car

    Cars with smaller engines are in lower insurance groups, which means they’re cheaper to insure

  2. Security

    If your car doesn’t already have one, installing a Thatcham-approved alarm or tracker will get you a discount from some insurers

  3. Modifications

    Don’t be tempted to improve the looks or performance of your car – a modest, factory-standard car will be cheaper to insure

  4. Get some experience

    It takes time to build up a no-claims bonus, but you could also get a discount for gaining advanced driving qualifications.

  5. Multi-car cover

    If you live with your parents, taking out a multi-car policy for all the vehicles in the household might be cheaper than getting individual policies

  6. Additional driver

    If a more experienced driver also uses your car, adding them as an additional driver could make your policy cheaper. Alternatively, if you drive your parents’ car it might be cheaper for them to make you an additional driver. But always tell the truth about who the main driver is, or you and your parents could be guilty of a type of fraud called fronting

  7. Telematics

    Some insurance providers can install a device in your car to track how well you drive – the better you drive, the less you pay

What is black box insurance and how can it help young drivers?

Telematics – or black box – insurance covers all the same things that regular insurance does. The main difference is that your insurer will install a device in your car that keeps track of how you drive.

It’ll monitor things like your braking, speed, mileage and whether you drive at peak times. The cost of your car insurance will then be reviewed regularly and adjusted according to how well you’ve driven. You’ll be able to check how you’re driving on the insurer’s website or through an app.

Careful driving could see your premiums fall, but speedy or reckless driving would likely mean the cost increases.

What are the cheapest cars to insure?

Unsurprisingly the cheapest cars to insure for young drivers are small-engine hatchbacks – this is because they’re not too powerful and are generally in lower insurance groups, so considered less of a risk.

What’s this free £250 excess cover?[3]

If you claim on your car insurance, you’ll probably have to pay part of the cost yourself – this is called the excess.

When you buy car insurance through us, we’re offering to refund up to £250 of your excess if you need to make a claim.

Join over a million customers with free £250 excess cover^

Claiming on your car insurance is stressful enough, without the added cost of your excess – and we want to help with that.

If you do need to claim, you'll have to pay your excess first, and then we'll refund up to £250 after your claim's settled.

It really is free. We haven't hidden the cost anywhere.

Claim your free £250 excess cover >

^Up to £250 refunded after claim settled. Car insurance purchases only. Excludes breakdown, windscreen and glass repair/replacement. Full T&Cs apply.

GoCompare tv ad screenshot

Tools and calculators

[1]Average price paid for annual comprehensive car insurance polices where the main driver is 18-24 years old purchased in December 2020. For comprehensive policies it was £928.05. For third party only policies it was £1,259.55.

[2]Average price paid annually for comprehensive car insurance purchased in 2018, 2019 and 2020 through GoCompare when the policyholder is 17.

[3]Up to £250 refunded after claim settled. Car insurance purchases only. Excludes breakdown, windscreen and glass repair/replacement. Full T&Cs apply.