Car Insurance for first time drivers over 25 : Finding cheap car insurance for young drivers is unfortunately a complicated task. This is due to the fact that most of the companies are wary of insuring them, mainly because of the high loss ratio that falls on this group. If when we speak of the age of majority to perform any act for which a person is responsible, such as driving, the age stipulated by law is 18 years , when we speak of vehicle insurance sector the “age of majority” is 25 years.And it is not that this age of quotation marks supposes that previously a young person of less than 25 years can not be the holder of the insurance, but that it is from the 25 years when the rules of the game, the advantages and the possibilities of a The driver in terms of car insurance is completely changed to match the more experienced or older drivers.
However, if you use an insurance comparative you will be able to know in just seconds what insurers would be willing to cover you, including a detailed analysis of coverages and prices. We have done part of the work and we have analyzed the Car Insurance for first time drivers over 25 people that you can find in the market. It is true that with 25 years the premiums insurers demand to insure a young driver are still too high to be considered cheap, but some conditions are already beginning to change to benefit these customers.One of them is that some insurers, the most restrictive, mark the age of 25 as the minimum age to insure, so that to be insured previously they only allow to be made through another policyholder, leaving the first time driver.
But most insurers mark this age as the minimum in which a driver other than the policyholder can drive a vehicle being protected by insurance. This means that the driver over 25 years old will be covered under the same conditions as the policyholder, so he has the flexibility to drive any vehicle.
What insurers offer specific insurance for Drivers Over 25 ?
Among the companies that operate in the car industry there are those who offer young people a specific product, designed especially for them. But also who promises to adjust the price of their policies to young people, offering them the same guarantees, such as AXA with its FlexiRapid product. These are some of the best insurance for new drivers that you can find in the market.
Thus, some young people who need to hire a car or motorcycle insurance and whose companies mark very high prices for their policies, prefer to take out insurance on behalf of a family member of a more advanced age and who has bonuses for previous insurance, so that the price of insurance is sometimes reduced up to 75 percent, being covered equally by all their coverages.
The drawback of this choice is that the bonus that can be obtained by this insurance policy will always be in the name of the policyholder, so that the young person over 25 years old will not be able to benefit from this advantage in the future.
To prevent some drivers under the age of 25 from making insurance with this practice, which would be considered fraud to the insurer, many companies prevent a car owned by a child under 25 years being insured by someone other than the owner, so that the The policyholder and owner must be the same, and must pay the full cost of the policy.
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