If you are looking for a cheap car insurance plan, or a young driver car insurance plan, then there are many ways to start looking for it. But first of all you must be equipped with the knowledge of the factors that affect the best available car insurance plan. The same factors are responsible for the calculation of the insurance premium. What are these factors that affect car insurance premiums?
The first and one of the most important factors that affect the car insurance plans is the age of the driver. If you are a new car driver then you should not expect an inexpensive car insurance
plan for you will have the same premium as a seasoned driver. The lowest car insurance
plan for you would take into account the minimal driving history that you have and therefore the insurance premium for you is higher than ordinary. The age of the driver matters in many ways. The younger the driver is the more the insurance premium and vice versa. This means that the older the driver, the lesser the insurance premium? The answer is yes, however there are other factors that affect a cheap car insurance plan also. When it comes to the age of the driver the more the age the lesser the insurance premium and the cheap car insurance plan is more easily available. But does this carry on indefinitely?
The answer is no, though the seasoned driver always gets an opportunity to claim a lower insurance premium, the trend again sees a reversal after the age of fifty where with the increasing age, the insurance premiums start to rise again. This is because of the failing health of the car driver who poses a greater risk than a younger counterpart owing to the lack of reaction speed that a younger driver would have. Therefore we can safely assume that the older drivers get the most cheap car insurance plan till the age of fifty and when they have crossed it, the insurance premium starts to rise again. This is how the age of a driver affects the car insurance premium and the older generation has to pay more premium than the younger one as described above. Comparing most major brands of car insurance can get you a cheaper deal whether you are looking for young driver car insurance or sports car insurance.