Admiral Car Insurance Young Drivers Excess
The excess will vary depending on your car the age and experience of the drivers on your policy and if you have opted to take protected or guaranteed no claims bonus.
Admiral car insurance young drivers excess. Car insurance for young drivers can be very expensive. So if your excess is 250 and you make a claim for 1 000 your car insurance provider will keep the first 250 and give you the remaining 750. Insurance for young drivers is typically high because they re less experienced on the road and are statistically more likely to be involved in an accident than older drivers. In addition to any compulsory policy excesses that might apply virtually every motor insurance policy includes young and new driver excesses.
Veygo by admiral is a trading name of eui limited reg no. Avoid purchasing a vehicle in in the highest groups 50 is the highest rating in the uk. Young and inexperienced drivers excess. Increasing the voluntary excess on your main motor insurance policy may make your insurance cheaper.
In insurance terms anyone under 25 years of age is classified as a young driver. This is a non negotiable amount set by your insurance company. A car insurance excess is the amount you pay or that is held back by your insurance company in the event of any claim regardless of who s to blame. 02686904 is a subsidiary of admiral group plc and is authorised and regulated by the financial conduct authority firm reference number.
What is car insurance excess. Luckily we ve got some tips on how to lower your car insurance. Buy a car in a low insurance group. The amount will depend on your age the type of car you have and the type of claim you make this is usually higher for young drivers but will come down with age and driving experience.
For young drivers the cost of car insurance is often too much to even consider under 25s face some of the highest premiums in the country. You could then cover the combined excess voluntary and compulsory with an inexpensive one off payment for excess insurance. Cars in group 1 generally have the cheapest insurance premiums. What is excess insurance.
Excess protection insurance can also save young and new drivers money on their monthly or annual premiums. It will cover the cost of the excess you pay if you make a claim against your car insurance the amount covered is usually a pre agreed limit and applies to both voluntary and compulsory excess. In a nutshell your excess is a fixed amount that you have to fork out if you make a claim. Drivers aged 17 19 make up just 1 5 of uk licence holders but they re involved in 9 of serious and fatal.
Just take these stats cited road safety charity brake. Excess insurance runs alongside your car insurance policy.
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