Best Auto Insurance Rates for 21 Years Old Driver
As a 21-year-old driver in the UK, it is very likely that your insurance premiums will be very high compared to older drivers. The younger a driver is, the more likely they are to be considered high-risk and subjected to high premiums. Car insurance is an essential part of your life as a driver. As far as the British government is concerned, you can only use public roads if your vehicle is insured. However, despite how steep car insurance premiums for 21-year-olds can be, there are ways to get cheap deals. The easiest way to get cheap car insurance for 21-year-olds is to become conversant with the factors that determine what price you pay and use them to your advantage. The cheapest car insurance for 21-year-olds is Fully comprehensive car insurance. The best car insurance for 21-year-old drivers is Fully comprehensive car insurance. It is advisable for a 21-year-old driver to get temporary car insurance, especially if they don’t own a car yet. There are car insurance discounts for 21-year-old drivers like the black box policy. As a young driver, you can save more than £300 by choosing a black box policy.
How much is the Average Cost of Car Insurance for 21-Year-Olds?
According to reports, between July and September of 2021, average comprehensive car insurance for 21-year-olds cost about £1,320. Drivers aged 25 paid less than £1,000 for car insurance. As a result of some policies and price regulations, general insurance prices have been falling. In 2022, insurance companies charged 21-year-old drivers about £850 for car insurance. 30-year+ drivers were charged hundreds less for car insurance at roughly £639. 21-year-olds will always have to pay hundreds more for car insurance.
What is the Cheapest Car Insurance for 21-Year-Old Drivers?
The cheapest car insurance for 21-year-olds is Fully comprehensive car insurance. This type of insurance grants more coverage than any other type of insurance policy but is still the cheapest for 21-year-olds.
What is the Most Expensive Car Insurance for 21 Years Old Driver?
The most expensive car insurance for 21-year-old drivers is Third-party-only coverage. It is one of the three levels of insurance policies that a driver can take out. Third-party-only coverage provides the least amount of coverage which means, should there be an accident, you must pay for damages to yourself out of your pockets. Many assume third-party-only coverage will be the cheapest because it is the least coverage a driver requires to operate a vehicle on public roads. They are wrong. Third-party-only coverage used to be cheap, but recently, that has changed. Insurance companies have noticed that high-risk drivers always opt for third-party-only coverage more than any other level of coverage; as a result, it is now the most expensive.
What are the Best Car Insurance Coverages for 21-Year-Old Drivers?
The best car insurance coverage for 21-year-old drivers is Fully comprehensive car insurance. As a 21-year-old driver, insurance companies will present you with three levels of car insurance coverage. Fully comprehensive Third-party, fire and theft Third-party only. Fully comprehensive car insurance: Fully comprehensive car insurance provides full coverage and, as the name suggests, is comprehensive. Fully comprehensive car insurance will protect your car, property, other people, their cars and their property in the event of an accident. Fully comprehensive car insurance will also cover your vehicle in cases of arson, theft and medical expenses incurred from an accident. Third-party, fire and theft car insurance: Third-party, fire & theft level of car insurance will only cover your car in fire and theft cases. Otherwise, it will only pay out when a third party is affected by an accident you caused. Third-party, fire & theft is the second cheapest insurance option, especially if you live in areas where theft is rampant or if you drive a car that s very likely to be stolen. Third-party-only car insurance: Third-party-only car insurance is the least level of insurance you are required to have as a legal driver in the UK. Third-party-only policies can only be claimed if an accident causes harm to a third party and their property. Any damage done to you or your car will have to be paid for by you.
What is the Best Auto Insurance for 21 Years Old Drivers?
The best auto insurance companies with good policies for 21-year-olds are listed below.
1. Admiral Car Insurance Company
Admiral is one of the cheapest insurance companies for 21-year-olds. They are UK based and have been in the insurance business since 1993. The company started out as one focused only on car insurance, but over the years, it started to diversify. Admiral is one of the best, and it has won many awards. Between 2013 and 2022, Admiral won the “Best Motor Insurance” award in the Personal Finance Awards. Admiral has one of the cheapest car insurance rates for 21-year-olds, good discounts, good features, and decent service. Admiral is particularly known for the online tools they offer to their customers so they can manage their accounts themselves. Admiral’s tech stack may be one of the reasons they have become popular among young drivers. Admiral has a mobile app with a lot of features that make things easier for their clients to access information and even request changes. Like many other insurers, Admiral provides three major levels of car insurance for 21-year-olds: Third party only, third party, fire and theft, and fully comprehensive. The comprehensive package of Admiral insurance includes perks like EU travel cover, provision of a courtesy car, personal injury cover, and even driving-other-cars cover, among others. Admiral’s third party, fire and theft cover pays out if a third party is affected in an accident. Clients who opt for this level of coverage enjoy some perks of comprehensive coverage, like EU coverage and driving-other-cars coverage. Some unique perks of Admiral’s third party, fire and theft level of coverage include lock replacement and stereo cover. Their third-party coverage will only pay out to the third party affected by accident. The pros of getting your car insured by Admiral are listed below. Useful benefits include a courtesy car if you have a comprehensive policy and your vehicle is being repaired. Wide coverage: European coverage for cars that lasts up to 90 days. The cons of getting your car insured by Admiral are listed below. The website lacks adequate information about the company’s third-party only and third-party fire and theft policies. There are some claims from people that their customer service is not, in fact, 24/7.
2. RAC Car Insurance Company
RAC Car Insurance is known as a breakdown cover specialist that also offers comprehensive levels of car insurance for 21-year-olds and drivers of older ages. RAC Car Insurance company is one of the cheapest car insurance providers for 21-year-olds. RAC started in 1897 under the title Automobile Club of Great Britain. The Automobile Club of Great Britain was a London-based one whose members were also early motoring enthusiasts. The Automobile Club of Great Britain became the Royal Automobile Club in 1907 by the decree of Edward VII, who also loved cars. RAC Car Insurance company has changed ownership a bunch of times but it is currently co-owned by Singapore sovereign wealth fund, CIG and CVC Capital. RAC Car Insurance company is famous for being one of the companies that have adopted black box insurance policies. Using such a policy means that your driving behaviour is what will determine how much your premium will be. RAC’s standard comprehensive coverage provides a courtesy car, financial relief after a personal accident and financial cover for stolen keys. Policies like a lost-key cover, no-claims discount protection and motor legal protection are additional features. The only kind of discount provided by RAC is the multi-car discount. The multi-car discount saves drivers 10% for every extra car they add to their policies. RAC’s comprehensive insurance is split into two categories. One is the standard comprehensive package, and the other is the plus package. The standard comprehensive cover offers the basic features, while the more expensive comprehensive coverage, plus, has added perks. The pros of getting insured by RAC are listed below. Comprehensive plus plan that offers more features. Good reputation and an experienced panel of insurers. The cons of getting insured by RAC are listed below. Some believe that there are some features that should be available to standard comprehensive policyholders. These features are only available for people who go for the plus package. There is no “driving-other-cars” cover.
3. More Than Smart Wheels Car Insurance Company
More Than car insurance is a good option for car insurance for 21-year-olds. More Than car insurance is so popular because they have different tiers of insurance that cater to almost any budget range. More Than car insurance is dedicated to young drivers, especially between 17 to 24. Like Admiral, More Than car insurance offers a type of insurance that tracks your driving behaviour. You can access this option from their online dashboard and mobile app. This feature is known as the Smart Wheels tier, and it makes More Than one of the cheapest car insurance for 21-year-olds. Below is a list of the five tiers of car insurance provided by More Than car insurance. More Than Essentials: More Than Essentials is their most basic comprehensive car insurance plan. More Than Essentials covers the basics, but you can add breakdown and motor legal as optional extras. More Than Standard: More Than Standard is their standard comprehensive car insurance plan. More Than Standard is similar to Essentials, but in addition, it has the wrong fuel cover, an uninsured driver promise, and personal belongings cover. However, breakdown and motor legal remain optional extras. More Than Extra: More Than Extra is recognised as their top-tier comprehensive car insurance plan, with a breakdown and motor legal cover included. SMART WHEELS: SMART WHEELS is for younger drivers aged 17 to 24. SMART WHEELS involves agreeing to use a black box so More Than car insurance can track your driving — an excellent way to reduce the premiums you have to pay. Low Miler: Low Miler is also known as low mileage insurance, and it is reserved for drivers who drive less than 7,000 miles per year. It is only available for drivers older than 25. More Than insurance company also gets good reviews from their customers frequently. More Than also allow clients to make limited changes to their profiles. However, you should note that the more changes you make, the more it affects your risk profile which may lead to higher premiums. The pros of getting insured by More Than Car Insurance are listed below. Must-Have Features Good customer reviews 24/7 customer service Effective online portals for self-service. The con of getting insured by More Than Car Insurance is listed below High cancellation fees
4. AA Car Insurance Company
AA Car Insurance Company has been around since 1905. AA Car Insurance Company is one of the companies that helped originate road signs. AA Car Insurance Company started out by providing breakdown service. AA Car Insurance Company is now known as one of the top companies that offer insurance services in the UK. Between 2015 and 2022, Uk residents purchased more than five million policies with AA Car Insurance Company. AA Car Insurance Company specialises in providing two types of insurance policies, including comprehensive and third-party fire and theft coverages. AA Car Insurance is considered one of the cheapest car insurance for 21-year-olds because it also supports telematic insurance. As a younger driver, AA Car Insurance telematic insurance could help you shave off some hundred from your insurance premium. AA’s comprehensive cover provides access to common features like a courtesy car, personal roadside assistance, excess protection, lost/stolen key cover etc. The more special features they offer include the new for old covers. It makes you eligible for a new car if your car was less than 13 months old when it was stolen or condemned. They also provide the option of having personal injury cover and motor legal. The pros of getting insured by AA car insurance are listed below. Robust features include uninsured driver protection and a courtesy car. Cheap breakdown cover, going as low as £15. Long-lasting EU cover that can last up to 90 days as a standard feature. The cons of getting insured by AA car insurance are listed below. Incomplete coverage options. No third-party only cover. Limited benefits, which are only available to AA members
How to Compare Best Car Insurance for 21 Years Old?
One great way to save money is to compare the insurance rates of different companies. An easy way to compare car insurance as a 21-year-old driver is to use comparison sites like comparethemarket to get quotes based on the information you enter. Don’t forget to look at their average annual premium for minimum coverage and the average annual premium for full coverage.
How does Temporary Car Insurance work for 21 Years Old?
Temporary car insurance is the type of insurance cover that grants you temporarily to drive a particular vehicle for as long as four weeks, depending on your needs. Temporary car insurance means that if you find yourself operating your friend’s car for a weekend or rotating driving duty with friends on a road trip, you will be fully covered in the event of an accident. Temporary car insurance usually protects a driver’s no-claims bonus; however, this may vary between insurers. Temporary car insurance is an excellent way for 21-year-old drivers to get short-term coverage from as low as one hour to four weeks. To get temporary insurance, you will need to provide vehicle details, how long the policy will need to last, details of the driver, and their driving history. You will need permission from the car owner to take out temporary insurance on their car. You will also likely be asked how you plan to use the car. People with past offences or points on their driver's licence may have trouble getting temporary cover. As a 21-year-old driver, there are some conditions that will make insurers willing to give you temporary insurance. They are listed below. Having a licence that has been held for at least one year Not having more than eight penalty points Not having any prosecution pending.
Is it advisable for 21-Year-Old Drivers to Get Temporary Car Insurance?
Yes, It is advisable for a 21-year-old driver to get temporary car insurance, especially if they don’t own a car yet. This policy means you can save money as a young driver without a personal vehicle. This is because you only get insured when you need to drive rather than paying premiums all year round. A temporary car cover can start immediately, but it can also be arranged up to one month before it is needed. Temporary car insurance is beneficial for those just learning how to drive. Some of the features attributed to temporary car insurance include loss, theft or damage, accident recovery, and legal liability. Despite how great an option it is for young drivers, many insurers don’t offer temporary car insurance to drivers between 17 and 21 because it has been statistically shown that they get more accidents than other age groups.
Is Temporary Car Insurance also expensive for 21-Year-Old Drivers?
Yes, temporary car insurance is also expensive for 21-year-old drivers. Young drivers are subjected to higher insurance rates because they are often considered high-risk clients who are very likely to claim a payout at some point. Many car insurance companies will even outrightly deny young drivers. Insurance companies offering temporary car insurance will usually have specific application criteria to vet prospective clients.
Do 21-Year-Old Drivers need Temporary Car Insurance?
Getting temporary car insurance as a 21-year-old driver depends on a number of things. A 21-year-old who does not own a car yet but already has a license can opt for temporary car insurance. As a 21-year-old, some situations will require you to have access to a car. This means borrowing or even renting a car from time to time. Below are some instances where having temporary car insurance is useful. Travelling from point A to B. 21-year-olds who borrow a car for temporary use should ensure the vehicle is temporarily insured for the time it is in their care. Emergencies: When unexpected things happen, you may need to do the driving. You can get temporary cover in minutes. It is worth noting that getting temporary car insurance is not necessary if you already own a car that’s insured.
Why is Car Insurance more expensive for 21-Year-Old Drivers?
Car insurance is more expensive for 21-year-old drivers because they are considered high-risk drivers. According to some findings, young drivers are statistically overrepresented in reported accidents compared to older drivers. The high level of risk attached to young drivers is most likely due to their inexperience and age. In Great Britain, drivers between 17 and 24 make up 7% of all full drivers with licences. They have also turned out to be the age range that gets involved in accidents frequently. The number of fatal accidents involving at least one young driver has been on the decline for years, but the numbers are still staggering. In 2000, there were 7,758 severe road accidents involving young drivers. As of 2013, that amount was halved, falling to 3,469. Insurers are privy to such statistics, so they hike up premiums for younger drivers because they believe it is more likely for them to make a claim.
How do Car Insurance Rates change from 21 – 25 Years Old?
The older you get, the less you will have to pay for car insurance, especially if you have been driving since you were 17. This is because older drivers have longer driving histories and, thus, more experience. At 21, you will most likely pay higher premiums than a 25-year-old. The difference is usually hundreds of pounds. It is important to keep claims and infringements to a minimum, as these factors cause insurers to demand higher rates.
What are the Factors Affecting the Rate of Car Insurance for 21-Year-Olds?
Age is one of the most significant factors determining how much insurance a person has to pay. Young drivers who have to pay more than older drivers when getting their cars insured do not like this fact. As a 21-year-old, you will be considered high-risk. Age is not the only factor that can affect your insurance rate. The factors affecting the rate of car insurance for 21-Year-Olds are listed below. Insert Image Age Location Car Model Work Title History of driving Vehicle alterations Mileage per year
1. Age
Age is the number one factor that affects insurance rates. The younger the driver, the higher the rate and the older the driver, the lower the rate. This rule of thumb only applies to those over the age of 25 and under 60. Anything higher than 60, and you will start getting high insurance quotes.
2. Location
Your location affects your car insurance rate. Residing in places where car theft or violence is rampant will cause higher insurance rates because you are more likely to claim than someone who lives in a quiet and peaceful neighbourhood. Other pricing factors driven by location may include weather claims, medical care costs, and car repair costs in the area.
3. Car Model
Your car’s model is also a factor affecting your car insurance quotes. Insurers will usually dig into your profile to examine your past claims from similar models. AInsurers will use the information to evaluate repair costs, theft rates, and payments made for comprehensive claims.
4. Work Title
Work title is a non-driving factor that affects insurance rates too. Your work title is considered an essential criterion by some insurers. Your occupation affects your auto insurance rates for some reasons, including statistics, behaviour, travel patterns and location. Some occupations are less likely to be involved in an accident. Some personalities or behaviours are peculiar to some professions.
5. History of driving
Your driving history includes things like moving-traffic violations and accidents you caused. It is a critical determinant of how much you will have to pay for insurance. Insurers will usually look at your driving history as far back as three to five years, depending on your state. If you have had issues with traffic laws or caused accidents in the past, you can expect to pay higher premiums.
6. Vehicle alterations
Vehicle alterations include all sorts of customisations your car has gone through. Regardless of how small or big the changes you make to your vehicle, your policy is affected. When a driver makes a significant alteration to their car, they are expected to report this to their insurance companies. Vehicle alterations may cause the insurer to demand an additional amount. It can be seen as fraud if you keep news of the alteration to yourself. Making vehicle alterations and not reporting to your insurer may lead to issues arising when you attempt to make a claim.
7. Mileage per year
Mileage is the distance you have covered with your vehicle, and it also plays a big role in how high your insurance is. Generally, you will save the most money if you keep your mileage lower than 5,000 miles each year.
How to Get a Cheaper Car Insurance for 21 Years Old?
As a 21-year-old driver, there are multiple ways to reduce the amount you pay for car insurance. Below is a list that can help you get cheaper car insurance as a young driver. Compare car insurance rates from different companies: Every insurer has its pricing criteria. To get good rates, compare quotes from multiple sources. Keep an eye out for good customer ratings and an affordable price. Increase your deductible/excess: You can save money by choosing a higher deductible. If you believe in your driving capabilities, it’s not a terrible idea. However, make sure it is something you can pay out of your pocket should the need arise. Take a driving course: Taking one approved by your state can help you reduce any points on your driving history, which can get you cheaper rates. If you are 55 and above, most companies will also offer you a discount as a driver who has completed a driving course. Speak to your insurance agent about discounts: They always know more, so it is best to ask them for a review of the discounts you qualify for.
How to Choose a Car Insurance Rate as a 21-Year-Old Driver after DUI
DUI is an abbreviation for driving under the influence. DUI is the crime of driving a car while intoxicated by alcohol or drugs. A DUI can increase your car insurance rates by over 70% per year. Having such a citation can affect your car insurance rates for several years. In some states, it can take as long as five years. This means that you will have to tell your insurers about it for five years after the conviction date. As a young driver, the period may decrease. After the time elapses, the offence will be considered “spent.” Before it becomes spent, you will pay higher rates. It is advisable to compare rates from different companies to settle on the one for you.
How to Choose a Car Insurance Rate as a 21-Year-Old Driver after an Accident
The best way to choose a suitable rate after an accident as a 21-year-old is to tell your insurer about the accident and then ask how much it would take to renew after your claim. If the price is too steep, you may shop for better alternatives. Accidents happen, whether or not people want them to. However, sometimes it is not the driver’s fault. If an accident is recorded as one caused by you, it will be noted on your insurance history, making you a high-risk driver. If you did not cause the accident, it would also be recorded, but this does not mean lower premiums. It means a higher renewal cost. This is because insurers believe that people who get in accidents that they are not liable for will get in more accidents like that.
How to Choose a Car Insurance Rate as a 21-Year-Old Driver with a Poor Credit Score
A bad credit score can increase your annual premiums by more than 70%. As a 21-year-old driver with a bad credit score, the easiest way to find a suitable car insurance rate is to use a car insurance comparison service to compare quotes from different companies. You should also choose the monthly payment option as it is easier to keep up with and will make it more likely for a company to grant you insurance. Having a bad credit score makes you high risk because insurers will be wary of your ability to keep up with the premiums.
What are the Cheapest Cars to Insure for 21-year-olds?
Below is a list of the cheapest cars to insure for a 21-year-old driver. Austin Mini Rover mini Kia Stonic Austin Mini: Austin Minis are one of the cheapest cars to operate and easy to drive. The engine can achieve 40mpg and has a top speed of 75 mph. This slow speed makes it one of the safest cars to insure as a young driver. Its average annual premium is close to £350. Rover Mini: Rover Minis have an average annual premium of just over £450 and are excellent cars for young drivers. It has similar specs to the Austin mini, the only difference being that it runs a little faster. Kia Stonic: Kia Stonic is a small, affordable, easy-to-run SUV with great fuel efficiency. It has two engine types, and four trim levels, making it easy to drive and better to insure. Its average annual premium is around £400.
How does Black Box Insurance help 21-Year-Old Drivers?
Black box insurance is a type of insurance that sees the professional addition of a black box to your car. The device will monitor your driving behaviours and help insurers decide how best to charge you. Having black box insurance in place can help you pay cheaper premiums, as insurers will evaluate your rates based on data provided by the device.
How much can you save with Black Box Insurance?
As a young driver, you can save more than £300 by choosing a black box policy. With black box insurance, you can save up to 60% on your renewal price.
Does Car Insurance Cost come down at 21 Years Old?
Yes, car insurance costs come down at 21 Years Old. For many drivers, car insurance costs fall a bit as soon as they hit 21, especially if they have been driving since they were 17.
Are there Car Insurance Discounts for 21 Years Old Drivers?
Yes, there are car insurance discounts for 21-year-old drivers. A good example of car insurance discounts for 21-year-old drivers is the black box policy which can give you a discount on renewal and ensure you get lesser premiums. Other discounts may be due to many different reasons, including driving experience and the type of car to be insured.
Does Gender Affect a 21-Year-Old Driver's Cost of Auto Insurance?
Yes, gender may affect a 21-year-old’s auto insurance cost. Generally, insurers believe young females are less risky to insure than their male counterparts. Insurers believe a young female driver is less likely to drink and drive or pull stunts male drivers are sometimes known for. Gender discrimination in insurance has been frowned upon in recent years.
Can Parents Help a 21-year-old Driver Get More Affordable Car Insurance?
Yes, parents can help a 21-year-old driver get more affordable car insurance by putting their kids as named drivers on their car insurance policy. This is a cheaper way to get your 21-year-old insured.
Are 21-year-olds Covered by All Car Insurance Companies?
No, not all insurance companies will provide insurance for 21-year-old drivers as insurers still believe them to be high-risk drivers.
Is Purchasing Third-party Insurance a Good Way to Reduce the Car Insurance Rates?
No, third-party-only insurance is no longer the cheapest option because insurers have found that it is the policy that high-risk drivers usually buy. Third-party-only insurance is the lowest level you can have as a driver. It covers only the third party and used to be the cheapest type of policy.