How to cut the costs for young drivers 

The cost of running a car has increased over the past six months by an average of £163, but there are ways young drivers could cut their costs: 

• Choose a cheaper car to insure - the car you drive can have a big impact on your insurance, with some models offering lower premiums. For example, to insure a Citroen C1 Feel Vti 68 you will be paying out £663 per year, this is an annual £93 saving compared to insuring a Ford Ka Zetec which costs £760 per year. 
• Consider a black box policy - the cost of car insurance in the UK has risen by £92 (9%) from the first half of 2021 and annual prices now sit at £1,154. But telematics policies are on the rise and can help reduce the cost of premiums for sensible young drivers. The device is installed into your car and it monitors factors such as your speed, acceleration and braking. 
• Reduce your mileage - the cost of fuel has increased from £1.32 to £1.44 per litre in the past six months. By considering how much you need to drive, and consequently refill your tank, you can reduce your outgoings. 
• Avoid modifications to your car - you can reduce your premium by avoiding any modifications to your car, as this impacts premiums.
• Add a (responsible) named driver - you can cut the cost of your premium by adding an experienced driver, or someone with a low risk occupation, as a second named driver if they share your car. Be aware that it is illegal to state that someone is a main driver when that isn’t in fact true.
• Shop around - you can get a great deal by comparing quotes with our comparison tool. The cheapest annual premium typically available costs £925, so if young drivers switch to this when their policy is due for renewal they can save an average of £229 per year.