When you get a van insurance quote, one of the details being considered if your age and driving experience. Age and experience is a big factor in the price of your premium. Typically, van insurance premiums for young drivers tend to be on the higher side. This is because young drivers are statistically more likely to be involved in an accident.
Why young drivers are seen as a riskier group –
Young drivers are involved in higher numbers of accidents. Studies have shown that teenage drivers and van drivers under 25 are far more likely to have an accident than drivers in their 40s, that likelihood of an accident increases if you look at van drivers under the age of 21.
To cover the cost of claims, insurance providers tend to quote higher premiums for young drivers.
Can you find cheap insurance?
Finding a good deal is possible, however, before looking for insurance, here are some steps to help keep costs down.
Invest in security
You could look at options such as safe parking for your van, in a garage or elsewhere to prevent theft. If your vehicle is kept in a safer place then you will see your premium lower.
Choose smaller vehicles
Smaller vehicles attract less insurance premiums. The reason for this is that they are seen as less likely to be in an accident. Vehicles that offer more engine power and speed are more likely to be in an accident. Also, these vehicles are more likely to be expensive, costing the insurance provider more money in repair, replacement and other bills. Also, a larger, more expensive vehicle is more likely to come to the attention of car thieves so therefore try to choose a smaller van. This will keep insurance premiums lower when you are looking for cover.
Stay away from modifications
If you modify your van you could end up increasing your insurance premium. Ideally, you will have no modifications which will make a big difference for young people want to be insured.
Choose all in one insurance
Many insurance schemes offer different types of cover, not just accident cover, but on road service and assistance after theft. These could help you get better service from your cover
The more careful you are on the roads, the less chance you have of being in an accident. If you can prove you are a careful driver, by not claiming insurance year after year then insurance rates are likely to be cheaper for you in the longer term as insurance providers will see you as a lower risk. This will drive down insurance rates.
Practice safe driving
You could boost your driving skills by taking additional courses. At the end of the course, you get a certification. These courses demonstrate that you are less risky and will therefore help to lower your quotes.
Invest in an older car
If your car is older, then you may be paying less on insurance. This is in part due to the fact that the latest models and newest vans are more likely to be a target for criminals.
With this type of insurance, your van is fitted with a device that monitors your driving habits and sends the details back to your insurer. Factors such as your mileage, the time of day you drive, speed, acceleration and braking are used to calculate your premium. This could potentially mean more affordable insurance for careful drivers, especially young and new drivers.