Car insurance quotes for new drivers
In years gone by you might have had a one stop broker for all your insurance needs, it was not uncommon for someone to call their broker if they needed some quotes for their house insuring, their wedding or more useful to this blog if they were after car insurance quotes for new drivers. The trusty broker would then contact a selection of insurers on their behalf and get the best quote. The broker often negotiated special rates with the insurers that the average customer would not be able to through pushing a high volume of clients to a specific insurer.
While insurance brokers do still exist the web has made getting a huge number of car insurance quotes quick and easier than ever before, you can get a rough estimate or a comprehensive insurance quote in a few minutes and comparison sites allow people to take quotes from a huge number of insurers in the same time it used to take to get a single quote.
Car insurance quotes for new drivers discovered on price comparison sites, due to the reduced costs and sheer number of insurers that can be checked, often come in at a lower rate than anything a broker could put together and you also avoid befriending, what is essentially a sales rep, at the insurance provider which can mean life is much more peaceful.
Despite the power that online insurance quotes have given new drivers they are still identified as the group who expose the provider to the greatest risk and because of this their quotes and premiums are significantly higher than any other type of driver. The only people who may pay more than a new driver are ones who might also fit into a second additional high risk group, young drivers. While young drivers insurance is high a young driver who is also new to driving can expect to pay a high premium.
Insurance rates for new drivers are so high that it often effects the choice of what car they get as a first ride. The difference between cover for a flash, fast sports car vs a old man style hatchback and be thousands and this is even the case if the insurance is only to cover third party fire and theft!
You would think that covering a car for third party would allow you the privilege of a lower premium as if you destroyed your flash car you would be the one out of pocket, however, insurance companies possibly factor in the potential damage you could do to other people in a more powerful car and how likely you are to crash should you be using a more powerful vehicle.
While a lot of convictions can really bump the price of new driver insurance a single one such as an sp30 will not have that great of an impact on the cost of your insurance but, obviously, these things are best avoided!
Some insurance providers do not list themselves on price comparison websites, they will tell you that the reason for this is so that they are able to bring the best prices to you direct (their rational here is that if they do not pay the commission to an insurance comparison website then they will not incur that cost and can pass the saving on to you). The reality is that the going rate for a quote on a price comparison website is around £2 and that means that the total saving per person quoted is so minimal that this saving is not really a credible argument. They also have the option of paying affiliates per sale rather than per quote so the ball is really in their court to make it work. Insurance companies who follow a more traditional model are usually the ones who do not want to become involved with commissions and price comparisons.
